Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
Taking everything into account, SLV scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, SLV has proven to be a steady performer, scoring decent points in every aspect analyzed.
SLV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 30.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.72, a Stop Loss order could be placed below this zone.
26.07
We found 3 important support areas.
We can see 2 important resistance areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
31.01 | 29.29 | 1.72 (5.55%) | 18.03% |
An entry @31.01. This is a Buy Stop order right above the resistance zone. | An exit @29.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.72 points, which is 5.55%. | For a 1.00% total portfolio risk, you can invest 18.03% of your capital in this trade. |