The Greedy Trader Weekly Analysis
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- 8/21/2026 -
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iShares Silver Trust (SLV) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergenceBroken trend resistance line20 Day Moving Average has crossed above the 50 Day Moving Average
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It was a third consecutive positive week for the iShares Silver Trust (SLV). During the week, the SLV gained 4.24 points, or 7.25%, and closed at 62.72 on Friday, August 21, 2026. Weekly volume was -61% below average.

Long-term trend: [See SLV long-term trend chart]
A long-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 price is now at the 50.31% retracement level.

Medium-term trend: [See SLV medium-term trend chart]
A medium-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. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (46.12) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. SLV may retest the broken resistance line. It is considered to be a support 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 resistance 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 March 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 July 17, 2026 at 49.61 and reached 63.21 on August 21, 2026. SLV gained -13.60 points, or -27.41%, in 35 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (58.90) 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 short-term trend.

Daily Technical Indicators: [See SLV daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Lane's Stochastic and MACD have bearish 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 bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since July 2, 2026. This is an indication that the short-term trend is up.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.76
Williams' Percentage Range (W%R) 2.50
Strong Overbought
Lane's Stochastic (%D-Slow) 82.14
Overbought Bearish
Greed/Fear Indicator (GFI) 85.79
Overbought
Moving Average Converg./Diverg. (MACD) 0.96 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.74
Williams' Percentage Range (W%R) 57.50
Lane's Stochastic (%D-Slow) 38.13
Greed/Fear Indicator (GFI) 42.51
Moving Average Converg./Diverg. (MACD) -1.19
Trading Signals
Description Value Chart
Upper Bollinger Band 64.29
Price 62.72
Daily Stochastic Crossing 62.04
Weekly Trendline Resistance 60.49
Parabolic System 59.03
Weekly Trendline Support 58.90
20 Day Moving Average 56.65
50 Day Moving Average 55.64
Weekly Stochastic Crossing 55.62
Monthly Trendline Resistance 53.10
Lower Bollinger Band 50.94
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 57.23
Low Date 08/18/2026
High 63.21
High Date 08/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 60.49
Support 58.90
Low 49.61
Low Date 07/17/2026
High 63.21
High Date 08/21/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 53.10
Support 46.12
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.