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: 20 May 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 103.65 and Closed at: 105.59, which is 2.12% of previous session's close. It moved within a range of 103.55 and 105.59
The session was a Bullish session with an average volume of 9773, which is -910.37% of previous session's volumes.
- The stock has shown an up move, and its short term trend is also positive and in an uptrend.
- The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 104.57 and resistance for tomorrow is 106.61
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 104.23, 102.87 resistance for tomorrow's hourly charts is 106.27, 106.95
10 Day SMA for Steel Etf (SLX) is 107.04 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 105.41 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Steel Etf (SLX) is 98.61 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 96.58 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Steel Etf is 86.2 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Steel Etf is at 105.41 and 200 DMA is at 86.2, while 50 DMA and 100 DMA are at 98.61 and 96.58 respectively
Steel Etf (SLX) moving average of 20 SMA is at 105.41 and 20 EMA is at 104.98
| Date | Closing Price | 20 SMA | 20 EMA |
| 20 Wed May | 105.59 | 105.41 | 104.98 |
| 19 Tue May | 103.35 | 105.2 | 104.92 |
| 18 Mon May | 105.61 | 105.16 | 105.08 |
| 15 Fri May | 105.70 | 104.92 | 105.02 |
| 14 Thu May | 109.37 | 104.73 | 104.95 |
| 13 Wed May | 109.77 | 104.34 | 104.48 |
Steel Etf (SLX) moving average of 50 SMA is at 98.61 and 50 EMA is at 101.01
| Date | Closing Price | 50 SMA | 50 EMA |
| 20 Wed May | 105.59 | 98.61 | 101.01 |
| 19 Tue May | 103.35 | 98.35 | 100.82 |
| 18 Mon May | 105.61 | 98.12 | 100.72 |
| 15 Fri May | 105.70 | 97.83 | 100.52 |
| 14 Thu May | 109.37 | 97.58 | 100.31 |
| 13 Wed May | 109.77 | 97.31 | 99.94 |
Steel Etf (SLX) moving average of 100 SMA is at 96.58 and 100 EMA is at 96.12
| Date | Closing Price | 100 SMA | 100 EMA |
| 20 Wed May | 105.59 | 96.58 | 96.12 |
| 19 Tue May | 103.35 | 96.39 | 95.93 |
| 18 Mon May | 105.61 | 96.21 | 95.78 |
| 15 Fri May | 105.70 | 96 | 95.58 |
| 14 Thu May | 109.37 | 95.8 | 95.38 |
| 13 Wed May | 109.77 | 95.55 | 95.1 |
Steel Etf (SLX) moving average of 200 SMA is at 86.2 and 200 EMA is at 88.56
| Date | Closing Price | 200 SMA | 200 EMA |
| 20 Wed May | 105.59 | 86.2 | 88.56 |
| 19 Tue May | 103.35 | 86 | 88.39 |
| 18 Mon May | 105.61 | 85.82 | 88.24 |
| 15 Fri May | 105.70 | 85.64 | 88.06 |
| 14 Thu May | 109.37 | 85.46 | 87.88 |
| 13 Wed May | 109.77 | 85.26 | 87.66 |
Steel Etf Technical analysis of indicators
Price action analysis of Steel Etf (SLX) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Steel Etf stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Steel Etf in short term but the sell signal is initial and weak.
Steel Etf Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Steel Etf in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Steel Etf is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 106.88 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 positive
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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