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Archive
- 3/21/2025 -
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iShares Silver Trust (SLV) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the iShares Silver Trust (SLV). During the week, the SLV dropped -0.69 points, or -2.25%, and closed at 30.02 on Friday, March 21, 2025. Weekly volume was -15% 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 31.80 on October 22, 2024. SLV gained -20.94 points, or -192.82%, in 239 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (22.13) 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 December 19, 2024 at 26.19 and reached 31.15 on March 18, 2025. SLV gained -4.96 points, or -18.94%, in 12 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See SLV weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 link to access Lane's Stochastic help.
The weekly MACD line is above its signal line since February 14, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 February 28, 2025 at 28.04 and reached 31.15 on March 18, 2025. SLV gained -3.11 points, or -11.09%, in 18 days. The chart has formed a Rising Channel chart pattern.
 Daily Technical Indicators: [See SLV daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.
The daily MACD line is above its signal line since March 10, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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.
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