Ishares Silver Trust $SLV Technical Update

The Ishares Silver Trust (NYSE: SLV) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for SLV, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Neutral Neutral Neutral
P1 13.34 12.63 12.77
P2 13.74 13.25 13.69
P3 0 13.87 14.60

Long Term Trading Plans for SLV

October 12, 2018, 9:15 am ET

The Technical Summary and Trading Plans for SLV help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SLV Report.

SLV - (Long) Support Plan

Buy over 12.77 target 13.69 stop loss @ 12.51.
The technical summary data tells us to buy SLV near 12.77 with an upside target of 13.69. This data also tells us to set a stop loss @ 12.51 to protect against excessive loss in case the stock begins to move against the trade. 12.77 is the first level of support below 13.67 , and by rule, any test of support is a buy signal. In this case, support 12.77 would be being tested, so a buy signal would exist.

SLV - (Short) Resistance Plan

Short under 13.69 target 12.77 stop loss @ 13.95.
The technical summary data is suggesting a short of SLV as it gets near 13.69 with a downside target of 12.77. We should have a stop loss in place at 13.95 though. 13.69 is the first level of resistance above 13.67, and by rule, any test of resistance is a short signal. In this case, if resistance 13.69 is being tested, so a short signal would exist.


SLV Long Term Analysis


SLV Dividend Chart

SLV PE chart

SLV PEG chart

share_linkedin