Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
iShares Silver Trust (GIF:SLV)
Weak Uptrend (+65) - SLV is showing signs of weakening momentum to the upside. Monitor SLV as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SLV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SLV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SLV
The long-term trend has been UP since Jun 1st, 2020 at 16.845
The intermediate-term trend has been DOWN since Nov 27th, 2020 at 21.407
The short-term trend has been UP since Dec 1st, 2020 at 22.227
Smart Scan Analysis for SLV
Based on our trend formula, SLV is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).