The Greedy Trader Weekly Analysis
Sign In Jun 5, 2026
Skip Navigation Links
Share
Symbol:  

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

Archive
- 5/29/2026 -
Sign In to see current Signals.

iShares Silver Trust (SLV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineBroken trend resistance lineWilliams' Percentage Range is oversold
Daily :Williams' Percentage Range is oversoldStochastic signal line moved above oversold areaLane's Stochastic and MACD bullish divergenceThe price has risen above the Parabolic SARPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the iShares Silver Trust (SLV). During the week, the SLV gave back -0.03 points, or -0.04%, and closed at 68.33 on Friday, May 29, 2026. Weekly volume was -66% below average.

Long-term trend: [See SLV long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 10.86 and reached 109.83 on January 29, 2026. SLV gained -98.97 points, or -911.33%, in 306 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (24.81) 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 September 1, 2022 at 16.19 and reached 109.83 on January 29, 2026. SLV gained -93.64 points, or -578.38%, in 178 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (32.60) 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 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 March 13, 2026. Use the following link to access a MACD help.

Short-term trend: [See SLV short-term trend chart]
A short-term uptrend had started on March 26, 2026 at 60.37 and reached 80.86 on May 13, 2026. SLV gained -20.49 points, or -33.94%, in 48 days. The chart has formed a Broadening Ascending 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. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD 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 May 18, 2026. The distance between MACD and the signal line is low and getting smaller.

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.

Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.85
Williams' Percentage Range (W%R) 80.70
Oversold
Lane's Stochastic (%D-Slow) 29.62
Bullish
Greed/Fear Indicator (GFI) 30.27
Moving Average Converg./Diverg. (MACD) 0.05 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.94
Williams' Percentage Range (W%R) 83.40
Oversold
Lane's Stochastic (%D-Slow) 44.72
Greed/Fear Indicator (GFI) 36.04
Moving Average Converg./Diverg. (MACD) 5.45
Trading Signals
Description Value Chart
Upper Bollinger Band 77.82
Weekly Stochastic Crossing 71.90
20 Day Moving Average 70.63
50 Day Moving Average 68.57
Price 68.33
Daily Stochastic Crossing 67.32
Parabolic System 66.16
Lower Bollinger Band 61.77
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 60.37
Low Date 03/26/2026
High 80.86
High Date 05/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 109.83
High Date 01/29/2026
Low 60.37
Low Date 03/26/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 41.40
Support 35.82
Low 18.97
Low Date 10/04/2023
High 109.83
High Date 01/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 37.79
Support 32.60
Low 16.19
Low Date 09/01/2022
High 109.83
High Date 01/29/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 18.47
Support 24.81
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.