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Archive - 4/17/2025 - Sign In to see current Signals. |
iShares Silver Trust (SLV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was a second consecutive positive week for the iShares Silver Trust (SLV). During the week, the SLV gained 0.36 points, or 1.23%, and closed at 29.55 on Thursday, April 17, 2025. SLV was trading at average weekly trading volume.
Long-term trend: [See SLV long-term trend chart] A long-term uptrend had started on March 18, 2020 at 10.86 and reached 31.80 on October 22, 2024. SLV gained -20.94 points, or -192.82%, in 239 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (22.30) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See SLV medium-term trend chart] A medium-term uptrend had started on December 19, 2024 at 26.19 and reached 31.41 on March 28, 2025. SLV gained -5.22 points, or -19.93%, in 14 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (29.41) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See SLV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 4, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See SLV short-term trend chart] A short-term downtrend had started on March 28, 2025 at 31.41 and reached 26.57 on April 4, 2025. SLV lost 4.84 points, or 15.41%, in 7 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See SLV daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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