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ISHARES SILVER TRUST (SLV) Stock Technical Analysis

NYSEARCA:SLV - NYSE Arca - US46428Q1094 - ETF - Currency: USD

30.03  -0.2 (-0.66%)

Technical Rating and Analysis

7

Overall SLV gets a technical rating of 7 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLV is showing a nice and steady performance.

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 74% of all other stocks.
SLV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SLV is performing more or less in line with the market.
SLV has an average volume of 20953900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SLV has a been trading in a tight range between 29.04 and 30.52.
Weekly and Daily overview Charts
ISHARES SILVER TRUST / SLV Weekly stock chart
ISHARES SILVER TRUST / SLV Daily stock chart
Setup Rating and Analysis

9

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 30.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

26.07

31.31

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 29.12 to 29.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 27.36 to 27.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 26.76 to 26.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @26.33 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 30.22 to 31.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SLV is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SLV is up.
ChartMill Relative Strength74.64POSITIVESLV has a high relative strength, it outperformed 74.64% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SLV is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of SLV is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SLV is above the rising SMA(200).
Relative Strength Index/RSI (14)54.38NEUTRALThe RSI value for SLV is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.08POSITIVEThe MACD value suggests SLV has a positive trend, although the MACD value is declining.
Stochastics (14,3)79.84NEUTRALThe Stochastics value for SLV is a neutral value.
Average True Range in percent/ATR (20)1.75LOW VOLATILITYThe low ATR as a percentage value for SLV suggests low volalility.
Average Directional Index/ADX (14)10.89NEGATIVEThe low ADX value for SLV suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
31.0129.111.90 (6.13%)16.32%
An entry @31.01. This is a Buy Stop order right above the resistance zone.An exit @29.11. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.90 points, which is 6.13%.For a 1.00% total portfolio risk, you can invest 16.32% 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.
ISHARES SILVER TRUST / SLV Daily stock chart

ISHARES SILVER TRUST

NYSEARCA:SLV (5/28/2025, 2:40:57 PM)

30.03

-0.2 (-0.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.66%
1 Week2.75%
2 Weeks2.02%
1 Month0.13%
3 Month6.78%
6 Month8.27%
12 Month8.9%
2 Year39.89%
3 Year52.37%
5 Year81.45%
10 Year89.06%
15 Year67.67%
Volatility
ATR(14)0.52
ATR(20)%1.75%
ATR Inc-11.75%
Range Today0.26
ADR(20)0.4
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.64
Mansfield0.31
10 Day High30.53
10 Day Low29.1
20 Day High30.53
20 Day Low29.04
52 Week High31.8
52 Week Low24.25
CS1 End30.22
CR1 Start30.64
Volume & EV
DER(3)-0.98%
DER(5)0.75%
Volume7.62M
Volume Incr-5.49%
Vol(5)15.34M
Vol(50)20.95M