52.52 USD
+1.31 (+2.56%)
51.67 USD
-0.85 (-1.62%)
We assign a technical rating of 10 out of 10 to SLV. 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.
When comparing the yearly performance of all stocks, we notice that SLV is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, SLV also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by SLV, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SLV has a been trading in the 42.51 - 53.36 range, which is quite wide. It is currently trading near the high of this range.
SLV has an average volume of 38547200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SLV has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.93
53.05
5 important support areas can be observed.
- A support zone ranging from 46.15 to 46.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.87 to 45.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.13 from a trend line in the daily time frame.
- Support @30.64 from a trend line in the weekly time frame.
- Support @29.22 from a trend line in the weekly 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 | 95.11 | POSITIVE | SLV has a high relative strength, it outperformed 95.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLV is above the rising 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) | 73.89 | OVERBOUGHT | The high RSI value suggests SLV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests SLV has a positive trend. |
| Stochastics (14,3) | 94.51 | OVERBOUGHT | The high Stochastics value suggests SLV may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for SLV suggests some volalility. |
| Average Directional Index/ADX (14) | 19.44 | NEGATIVE | The low ADX value for SLV suggests a weak or negative 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)
52.52
+1.31 (+2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.56%
1 Week15.94%
2 Weeks14.27%
1 Month19.34%
3 Month41.14%
6 Month60.66%
12 Month85.91%
2 Year141.14%
3 Year138.51%
5 Year113.76%
10 Year298.18%
15 Year74.02%
Volatility
ATR(14)1.55
ATR(20)%2.67%
ATR Inc81.93%
Range Today1.75
ADR(20)1.13
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.11
3 months CRS94.97
6 months CRS92.91
Mansfield3.89
10 Day High53.36
10 Day Low44.76
20 Day High53.36
20 Day Low42.51
52 Week High53.36
52 Week Low26.19
CS1 End46.3
CR1 StartN/A
Volume & EV
DER(3)3.99%
DER(5)4.04%
Volume66.06M
Volume Incr34.49%
Vol(5)35.84M
Vol(50)38.55M
ISHARES SILVER TRUST / SLV FAQ
Can you provide the ChartMill technical rating for ISHARES SILVER TRUST?
ChartMill assigns a technical rating of 10 / 10 to SLV.
What is the current trend direction of ISHARES SILVER TRUST (SLV) stock?
The current trend direction for ISHARES SILVER TRUST (SLV) is Bullish.
Can you provide the RSI signal for ISHARES SILVER TRUST?
ISHARES SILVER TRUST (SLV) has an RSI value of 73.8898. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ISHARES SILVER TRUST?
The short term momentum for ISHARES SILVER TRUST (SLV) is positive.
Can you provide the buy/sell signal for ISHARES SILVER TRUST?
The buy/sell signal for ISHARES SILVER TRUST (SLV) is buy as both the short term and long term trends are positive.