Mid-Term iShares SILVER TRUST (SLV) Sentiment Analysis


This is an example only of the technical analysis that could be used in an automated trading system. we do not use exact model, yet, principles of analysis and generating trading signals are similar.

IndicatorLastSentiment*
SLV 20-day Moving Average25.09 Bearish
SLV 50-day Moving Average23.14 Bullish
SLV MACD (12,26)1.06 MACD sentiment is Bearish
SLV MACD Signal1.43
SLV MACD Histogram-0.37
SLV 50-day Raw Stochastics69.03 Bullish
SLV Stochastics %K(50)68.17
SLV Stochastics %D(50)69.90
SLV RSI, Relative Strength Index (20)50.28Bullish, yet close to become Bearish
SLV Average Gain0.19
SLV Average Loss0.19
SLV MFI, Money Flow Index (14)66.65 Bullish, yet close to become Bearish
SLV Positive Money Flow10,410 M
SLV Negative Money Flow5,210 M
SLV 20-day Volume Oscillator0.64No abnormal volume activity
SLV Percentage Volume Oscillator-35.75
SLV MV Oscillator0.00
SLV 20-day Average True Range (ATR)0.72Bearish
-2
SLV 14-day Standard Deviation0.47
SLV 14-day Relative Deviation1.83 %
SLV Annualized Volatility28.98
SLV Overall Mid-Term Sentiment
-2 (Bearish, Weak)

About iShares SILVER TRUST (SLV) Sentiment

The iShares SILVER TRUST sentiment above is 100% mechanical and based on the SLV technical indicators. The iShares SILVER TRUST sentiment is measured in the frame from minus 12 to plus 12 where SLV sentiment below minus 10 and above pus 10 is associated as oversold and overbought sentiment respectfully. Yet, the iShares SILVER TRUST overbought and oversold readings may not necessary signal coming reversal, but rather indicate that the SLV stock is predisposed to a reversal.

Our trading signals in the members' area are not based on the same trading system. Therefore the trading signals may not necessary go along with sentiment you see in the table above.

About iShares SILVER TRUST (SLV) Stock

SLV tracks the Silver Bullion. This ETF is designed to track the spot price of silver bullion SLV fund belons to the "Precious Metals" stock marketsector. This exchange traded fund was lunched on Friday, April 21, 2006.

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