Ishares Silver Trust $SLV Trading Report

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.

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Technical Summary

Term →Near Mid Long
Bias Neutral Neutral Strong
P1 0 0 15.31
P2 15.66 15.71 16.26
P3 15.95 15.99 17.32

Long Term Trading Plans for SLV

December 9, 2019, 11:45 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

The technical summary data tells us to buy SLV near 15.31 with an upside target of 16.26. This data also tells us to set a stop loss @ 15.05 to protect against excessive loss in case the stock begins to move against the trade. 15.31 is the first level of support below 15.505 , and by rule, any test of support is a buy signal. In this case, support 15.31 would be being tested, so a buy signal would exist.

SLV - (Short) Resistance Plan

The technical summary data is suggesting a short of SLV as it gets near 16.26 with a downside target of 15.31. We should have a stop loss in place at 16.52 though. 16.26 is the first level of resistance above 15.505, and by rule, any test of resistance is a short signal. In this case, if resistance 16.26 is being tested, so a short signal would exist.

SLV Long Term Analysis

SLV Dividend Chart

SLV PE chart

SLV PEG chart