Steel Etf (SLX) Technical (Analysis) Reports Steel Etf ["Technical Analysis"] Reports -AMEX Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Steel Etf (SLX)
Technical Analysis Report for AMEX stock SLX Steel Etf. Dated: 22 Oct 2026 Updated Daily. Stock trades in AMEX stock exchange
If you are looking for Tomorrow's Movement Predictions for AMEX stock SLX Steel Etf then click here. or read Experts views on Steel Etf or Forecast & share price targets of Steel Etf
Steel Etf Opened at 101.04 and Closed at: 100.32, which is -2.96% of previous session's close. It moved within a range of 99.80 and 101.04
The session was a Bearish session with an average volume of 4708, which is -211.62% of previous session's volumes.
- The stock has fallen, and its short term trend is also negative and in a downtrend.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- Even though the stock has fallen, but its long term trend is positive and in an uptrend.
Support for tomorrow is 99.44 and resistance for tomorrow is 100.68
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 99.73, 99.15 resistance for tomorrow's hourly charts is 100.97, 101.63
10 Day SMA for Steel Etf (SLX) is 102.66 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Steel Etf (SLX) is 103 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Steel Etf (SLX) is 105.96 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 105.01 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Steel Etf is 101.72 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Steel Etf is at 103 and 200 DMA is at 101.72, while 50 DMA and 100 DMA are at 105.96 and 105.01 respectively
Steel Etf (SLX) moving average of 20 SMA is at 103 and 20 EMA is at 103.32
| Date | Closing Price | 20 SMA | 20 EMA |
| 22 Thu Oct | 100.32 | 103 | 103.32 |
| 21 Wed Oct | 103.29 | 103.23 | 103.64 |
| 20 Tue Oct | 103.15 | 103.3 | 103.68 |
| 19 Mon Oct | 103.25 | 103.48 | 103.74 |
| 16 Fri Oct | 102.45 | 103.62 | 103.79 |
| 15 Thu Oct | 101.76 | 103.81 | 103.93 |
Steel Etf (SLX) moving average of 50 SMA is at 105.96 and 50 EMA is at 104.62
| Date | Closing Price | 50 SMA | 50 EMA |
| 22 Thu Oct | 100.32 | 105.96 | 104.62 |
| 21 Wed Oct | 103.29 | 106.15 | 104.8 |
| 20 Tue Oct | 103.15 | 106.27 | 104.86 |
| 19 Mon Oct | 103.25 | 106.4 | 104.93 |
| 16 Fri Oct | 102.45 | 106.54 | 105 |
| 15 Thu Oct | 101.76 | 106.67 | 105.1 |
Steel Etf (SLX) moving average of 100 SMA is at 105.01 and 100 EMA is at 104.04
| Date | Closing Price | 100 SMA | 100 EMA |
| 22 Thu Oct | 100.32 | 105.01 | 104.04 |
| 21 Wed Oct | 103.29 | 105.14 | 104.12 |
| 20 Tue Oct | 103.15 | 105.22 | 104.14 |
| 19 Mon Oct | 103.25 | 105.3 | 104.16 |
| 16 Fri Oct | 102.45 | 105.37 | 104.18 |
| 15 Thu Oct | 101.76 | 105.45 | 104.22 |
Steel Etf (SLX) moving average of 200 SMA is at 101.72 and 200 EMA is at 99.24
| Date | Closing Price | 200 SMA | 200 EMA |
| 22 Thu Oct | 100.32 | 101.72 | 99.24 |
| 21 Wed Oct | 103.29 | 101.66 | 99.23 |
| 20 Tue Oct | 103.15 | 101.58 | 99.19 |
| 19 Mon Oct | 103.25 | 101.51 | 99.15 |
| 16 Fri Oct | 102.45 | 101.43 | 99.11 |
| 15 Thu Oct | 101.76 | 101.35 | 99.08 |
Steel Etf Technical analysis of indicators
Price action analysis of Steel Etf (SLX) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Steel Etf stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Steel Etf in short term and the sell signal is strong.
Steel Etf Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel Etf in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Steel Etf is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 102.78 and Steel Etf SLX stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Steel Etf SLX stock. Volume based technical analysis of Steel Etf SLX stock is negative.
Steel Etf Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for AMEX stock SLX Steel Etf These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And SLX Experts View which covers a lot of information including buying and selling signals
SLX future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Steel Etf or View Candle Stick Charts here
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