Stock Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
iShares Silver Trust (PACF:SLV)
Countertrend Up (+85) - SLV is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Oct 4th, 2022 at 19.220
The intermediate-term trend has been UP since Nov 1st, 2022 at 18.235
The short-term trend has been DOWN since Dec 6th, 2022 at 20.400
Smart Scan Analysis for SLV
Based on our trend formula, SLV is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||16.64||Year High Date||2018-01-25|
|Year Low||13.11||Year Low Date||2018-09-11|
|52wk High||24.9||52wk High Date||2022-03-08|
|52wk Low||16.19||52wk Low Date||2022-09-01|
|Year End Close||29.37||Average Volume||17,402,354|