SLV chart analysis today
SLV broke out of an ascending triangle 19 days ago on heavier than normal volume under a weekly downtrend. Below $54.05 the break has failed.
iShares Silver Trust · daily · last close $57.92 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $75.16 · resistance
- Below
- $54.05 · the breakout
- Formation state
- Broke above $54.05 19 days ago on heavier than normal volume. No retest yet.
- Trend
- a series of higher highs and higher lows over the window, 4 steps across 48 bars, still intact
- Agreement
- Structure 3 of 4 (high) · indicators 1 of 3 (low)
Levels and what happened there
- Resistance $75.16
- Support $53.56
- Support $50.79
- The last two times price reached $75.16 it held every time, bouncing 12% on average.
- The last two times price reached $53.56 it held once, bouncing 4.6%, and broke through once.
- The last five times price reached $50.79 it held 4 times, bouncing 14% on average.
- Bigger picture Weekly down, daily rising. weekly — downtrend intact, nearest support $29.04, ascending triangle at $64.23.
- 52 weeks 47% below its 52-week high of $109.83 and 59% above its 52-week low of $36.43.
Read your own SLV chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze SLV now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.