NYSEARCA:SLV - NYSE Arca - US46428Q1094 - ETF - Currency: USD
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.
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.
26.07
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 | 74.64 | POSITIVE | SLV has a high relative strength, it outperformed 74.64% 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) | DOWN | MIXED | The current price of SLV is above a declining 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) | 54.38 | NEUTRAL | The RSI value for SLV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SLV has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 79.84 | NEUTRAL | The Stochastics value for SLV is a neutral value. |
Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for SLV suggests low volalility. |
Average Directional Index/ADX (14) | 10.89 | NEGATIVE | The low ADX value for SLV suggests a weak or negative trend. |
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 | 29.11 | 1.90 (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. |
NYSEARCA:SLV (5/28/2025, 2:40:57 PM)
30.03
-0.2 (-0.66%)