ISHARES SILVER TRUST (SLV) Stock Technical Analysis
NYSEARCA:SLV - NYSE Arca - US46428Q1094 - ETF - Currency: USD
Overall SLV gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SLV did better than 84% of all other stocks. We also observe that the gains produced by SLV over the past year are nicely spread over this period.
SLV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SLV is lagging the market slightly.
In the last month SLV has a been trading in the 33.10 - 35.91 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SLV has an average volume of 21479500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SLV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 34.49, a Stop Loss order could be placed below this zone.
More info and screens
26.25
36.09
When analyzing the support we can see 5 important areas.
- A support zone ranging from 33.27 to 34.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.61 from a horizontal line in the daily time frame.
- Support @29.01 from a trend line in the weekly time frame.
- Support @28.15 from a trend line in the daily time frame.
- A support zone ranging from 26.52 to 26.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @35.73 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SLV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLV is up. |
| ChartMill Relative Strength | 84.49 | POSITIVE | SLV has a high relative strength, it outperformed 84.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.83 | NEUTRAL | The RSI value for SLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SLV has a negative trend. |
| Stochastics (14,3) | 75.77 | NEUTRAL | The Stochastics value for SLV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for SLV suggests low volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for SLV suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 35.05 | 33.84 | 1.21 (3.45%) | 25.00% |
| An entry @35.05. This is a Buy Stop order right above the 10 day high. | An exit @33.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.21 points, which is 3.45%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:SLV (8/18/2025, 2:46:09 PM)
34.525
+0.02 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week-1.09%
2 Weeks2.71%
1 Month-0.32%
3 Month17.75%
6 Month17.71%
12 Month30.53%
2 Year54.09%
3 Year108.08%
5 Year31.53%
10 Year146.61%
15 Year82.25%
Volatility
ATR(14)0.51
ATR(20)%1.57%
ATR Inc-11.64%
Range Today0.21
ADR(20)0.4
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.49
Mansfield0.57
10 Day High35.04
10 Day Low33.85
20 Day High35.91
20 Day Low33.1
52 Week High35.91
52 Week Low25.27
CS1 End34.49
CR1 Start35.73
Volume & EV
DER(3)0.7%
DER(5)0.91%
Volume6.42M
Volume Incr-36.44%
Vol(5)13.16M
Vol(50)21.48M