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.
Indicator | Last | Sentiment* |
SLV 20-day Moving Average | 25.09 | Bearish |
SLV 50-day Moving Average | 23.14 | Bullish |
SLV MACD (12,26) | 1.06 | MACD sentiment is Bearish |
SLV MACD Signal | 1.43 | |
SLV MACD Histogram | -0.37 | |
SLV 50-day Raw Stochastics | 69.03 | Bullish |
SLV Stochastics %K(50) | 68.17 | |
SLV Stochastics %D(50) | 69.90 | |
SLV RSI, Relative Strength Index (20) | 50.28 | Bullish, yet close to become Bearish |
SLV Average Gain | 0.19 | |
SLV Average Loss | 0.19 | |
SLV MFI, Money Flow Index (14) | 66.65 | Bullish, yet close to become Bearish |
SLV Positive Money Flow | 10,410 M | |
SLV Negative Money Flow | 5,210 M | |
SLV 20-day Volume Oscillator | 0.64 | No abnormal volume activity |
SLV Percentage Volume Oscillator | -35.75 | |
SLV MV Oscillator | 0.00 | |
SLV 20-day Average True Range (ATR) | 0.72 | Bearish -2 |
SLV 14-day Standard Deviation | 0.47 | |
SLV 14-day Relative Deviation | 1.83 % | |
SLV Annualized Volatility | 28.98 | |
SLV Overall Mid-Term Sentiment | -2 (Bearish, Weak) |
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.
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.