The Greedy Trader Weekly Analysis
Sign In Oct 23, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 10/16/2026 -
Sign In to see current Signals.

iShares Silver Trust (SLV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is oversoldBroken trend support line
Daily :The price has fallen below the Parabolic SARWilliams' Percentage Range is oversoldLane's Stochastic bullish divergence
Move cursor over the icon to see details.

It was the negative week for the iShares Silver Trust (SLV). During the week, the SLV dropped -3.27 points, or -5.97%, and closed at 51.51 on Friday, October 16, 2026. Weekly volume was -58% below average.

Long-term trend: [See SLV long-term trend chart]
A long-term downtrend had started on January 29, 2026 at 109.83 and reached 49.61 on July 17, 2026. SLV lost 60.22 points, or 54.83%, in 24 weeks. Price is near the trend low.

Medium-term trend: [See SLV medium-term trend chart]
A medium-term uptrend had started on July 17, 2026 at 49.61 and reached 64.31 on August 28, 2026. SLV gained -14.70 points, or -29.63%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (59.77) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. SLV may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend.

Weekly Technical Indicators: [See SLV weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since September 25, 2026. 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 August 28, 2026 at 64.31 and reached 50.01 on October 14, 2026. SLV lost 14.30 points, or 22.24%, in 47 days. The chart has formed a Falling Wedge chart pattern.

Daily Technical Indicators: [See SLV daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since August 31, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.77
Williams' Percentage Range (W%R) 83.30
Oversold
Lane's Stochastic (%D-Slow) 26.71
Bullish
Greed/Fear Indicator (GFI) 26.74
Moving Average Converg./Diverg. (MACD) -1.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.00
Williams' Percentage Range (W%R) 88.60
Oversold
Lane's Stochastic (%D-Slow) 33.69
Greed/Fear Indicator (GFI) 31.54
Moving Average Converg./Diverg. (MACD) -1.51
Trading Signals
Description Value Chart
Upper Bollinger Band 59.84
Weekly Trendline Support 59.77
50 Day Moving Average 57.76
Weekly Trendline Resistance 57.28
20 Day Moving Average 55.15
Parabolic System 54.24
Weekly Stochastic Crossing 53.98
Price 51.51
Daily Stochastic Crossing 51.10
Lower Bollinger Band 49.55
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
High 64.31
High Date 08/28/2026
Low 50.01
Low Date 10/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 57.28
Support 59.77
Low 49.61
Low Date 07/17/2026
High 64.31
High Date 08/28/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 109.83
High Date 01/29/2026
Low 49.61
Low Date 07/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 16.19
Low Date 09/01/2022
High 109.83
High Date 01/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 10.86
Low Date 03/18/2020
High 109.83
High Date 01/29/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.