Get started
iShares Silver TrustiShares Silver TrustiShares Silver Trust

iShares Silver Trust

No trades
See on Supercharts
Overview Analysis Holdings News
Ideas
Discussions Technicals Seasonals Options

SLV trade ideas

Bitcoin, GOLD, and SLV Rose Sharply From Israel-Hamas WarCommodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. SLV had a bullish bounce off the yellow trend line on Friday October 6 (marked by the orange circle). The Israel-Hamas conflict started on Saturday, and on Monday SLV started its uptrend. Key Price Levels: The light blue trend line is acting as short-term resistance that is suppressing SLV's price, but the longer term target is the red trend line if SLV can continue to climb higher. The yellow trend line is a key support level to monitor for a bounce if SLV drops back down.
AMEX:SLV
by realchartchamp
Will silver shine again? As in gold, possibility for a new bull market in SLV is in the cards for coming 2024. The price structure* on weekly time-frame suggests there is a high chance that SLV, has found its bottom last year in Sep'22 and with higher low this year in Oct'23. As long as Oct low holds, I would expect the price to move toward next resistance zones: first 22 and later important 24-25 zone. Afterwards, if price builds a handle and breaks-out above 24 that would confirm the move to 27-30-32 resistance area. Overall, traditional fear-type assets look mid to long-term bullish to my eyes in coming months and years. Trading thesis : I need the price to confidently move above 50D MA, and create at least short base with several days/a week of consolidation around previous basing attempts (most recent being around 21) with later break-out above this pivot to consider longs. * Important caveat to EW: I use it solely to have a subjective idea about sentiment and overall structural context to support, but not guide, my investing decisions. Price and volume is the key, and only price pays, not the fibonacci resistance or any wave count.
AMEX:SLVLong
by artemfedorov
$SLV Ascending Triangle Chart PatternsAMEX:SLV Bullish Ascending Triangle Chart Pattern. A "bullish triangle pattern" is a continuation pattern commonly observed in technical analysis. It is formed by converging trend lines that connect a series of higher lows and relatively equal highs. This pattern indicates a temporary consolidation phase within an ongoing uptrend, often followed by a resumption of the upward movement. Here's how it works: 1. **Construction:** A bullish triangle pattern is created by drawing a trend line connecting higher lows and a horizontal resistance line connecting relatively equal highs. 2. **Converging Trend Lines:** As time progresses, the price movements within the triangle become confined within the converging trend lines, forming a contracting triangular shape. 3. **Decreasing Volatility:** The range between the higher lows and lower highs gradually narrows, indicating decreasing volatility and potential indecision among traders. 4. **Bullish Bias:** The bullish nature of this pattern is due to the formation occurring within an established uptrend. It suggests that despite the consolidation, buyers are still active, preventing a significant downward movement. 5. **Breakout:** Eventually, the price will reach the apex of the triangle, where the trend lines intersect. A breakout occurs when the price moves decisively above the horizontal resistance line, confirming the pattern. 6. **Target:** The breakout is usually accompanied by an increase in trading volume, signifying renewed interest. Traders often use the height of the triangle at its widest point as a guide to estimate the potential price move after the breakout. It's important to note that while bullish triangle patterns can provide insights into potential price movements, they are not guaranteed to result in a specific outcome. False breakouts can occur, where the price initially moves beyond the resistance line but then reverses back into the triangle. To minimize risks, traders often wait for a confirmed breakout, consider using other technical indicators for confirmation, and implement proper risk management strategies.
AMEX:SLVLong
by AlgoTradeAlert
SLV watch $17.63 area to BUYWe're getting into a time window soon for metals in September. I already did a GLD idea and had an alert go off today as it's getting into my buy zone pretty soon. In SLV, however, it seems like it has a lot further to fall, but the same idea stands, it's a place to buy it I think for a longer term reversal up. I've seen metals in years past have some seasonality in the fourth quarter, and I do have dates in early September from my dowsing for the best time to buy them. I get the price consistently of $17.xx as the low, and specifically, 17.63. I don't expect to be exact, but it can be helpful and I need the practice! If we get SLV (and GLD for that matter) around target lows in early to mid September, I like them long and will update with the targets for the highs at that time. Peace.
AMEX:SLV
by JenRz
Is this Woo-Woo? Absolutely, it is. Get in here.I've not been doing a lot of technical analysis, but I really don't even need to keep up with it! I just come back every few months or years and check out my pitchforks. They're always giving me such an interesting perspective into the market. If my pitchforks align with my love for Wyckoff Cycles (forextraininggroup.com), I trade those. Today, for no reason, I added a little fib fan. I also added some grey boxes which were informed by various fib projections where I think the price action will be a knife fight. I added some red boxes where I lose total interest in a long position. I think the chart speaks for itself! Enjoy.
AMEX:SLVLong
by DonjonCapital
SLV OutlookJust a look at where it's been, and where it can go based on where it's been. Entering one of the oldest seasons we have; realization and dependence on basic things like service and what we use the most. Typically, materials like rocks bring value, cause governments and government made cash doesn't. This season will be different than all others. What has held value the most through all of known time? Beliefs and opinions. So be aware of what beliefs and opinions others hold, and have held through all of time. Who knows, someone else is likely to be more convicted of their beliefs than you , and to such an extent to commit their life to it. Might be good to know what their beliefs are based on, regardless if you agree or not.
AMEX:SLVLong
by undomaturists
4
Collect Silver to Collect GoldSLV Breaking out, With Volume. See ON Balance volume to See relative volume on balance (already purchased) than in the past volume spikes. Consider supply vs demand if inflation continues. Educational Resource: www.youtube.com Background: Gold is Nearing All Time highs. Silver is at about 1/2 of its pervious ATH. COMEX:SI1! tradingview.sweetlogin.com Silver is Becoming more valuable in comparison to gold. www.bullionbypost.com Gold To silver Ratio coming down, signifying that one ounce of gold is becoming easier to buy with less silver. As long as inflation remains persistent, and the interest rate remains around 5%, the issue of inflation will not go away unless these two numbers cross. Meaning that inflation will continue to grow, not shrink, and the problem remains. Right now economists are happy with a shrinkage in the rate of growth of inflation, indicating the issue is NOT YET RESOLVED. The Next FOMC is in the first week of May. WE have 3/4 of a month left.
AMEX:SLV
by International_Leeroy
💿 iShares Silver Trust | Aims $26, $33 and $44iShares Silver Trust (SLV) is developing a strong bullish bias based on this long-term, monthly, chart. First, Silver peaked in April 2011 (left side of the chart). This is followed by a strong bear market that hit a low in December 2015. This low is tested again March 2020 thanks to Covid. The whole period from late 2015 to early 2020 can be considered a consolidation phase. After the March 2020 low, which set the lowest price since February 2009, a new bullish wave develops. With a higher low set in September 2022 and now strong bullish action/signals developing, Silver is aiming at a higher high. The targets based on Fib. proportions together with EW theory go as follow: 1) $23.4 2) $29.6 3) $33.3 4) $43.8 This setup is invalidated with a monthly close below $13.0. This is super-long-term. Thank you for reading. Namaste.
AMEX:SLVLong
by MasterAnanda
10
Head and Shoulders Bottom | 12% move possibleiShares Silver Trust forms bullish "Head and Shoulders Bottom" chart pattern "Head and Shoulders Bottom" chart pattern formed on iShares Silver Trust (SLV:NYSE). This bullish signal indicates that the stock price may rise from the close of $21.94 to the range of $24.10 - $24.60. The pattern formed over 35 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis. Tells Me: The price seems to have reached the end of a period of "accumulation" at the bottom of a major downtrend; the break up through resistance signals a reversal to a new uptrend. The Head and Shoulders Bottom is created by three successive declines in the price following a significant downtrend. The lowest low (head) is in the middle, flanked by two higher lows (shoulders) at roughly the same level. Volume is highest as the price makes the first two declines, then diminishes through the right shoulder. Finally volume surges as the price closes above the neckline (drawn between the two highs) to confirm the reversal.
AMEX:SLVLong
by moneytalkstome