Munafa technical analysis Steel ETF Market Vectors SLX technical analysis buy or sell

Munafa technical analysis Steel ETF Market Vectors SLX technical analysis buy or sell Analysis of Steel ETF Market Vectors SLX to buy or sell for Daily, weekly or monthly

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Steel ETF Market Vectors SLX Daily Analysis to buy or sell

As per my analysis of Steel ETF Market Vectors SLX, 12 day returns for Steel ETF Market Vectors SLX have been positive, with total returns of 0.59999999999999, which is 0.98% with investment starting at 61.27.
An investment of 100,000 bucks in Steel ETF Market Vectors would have become 100980 bucks today.

Steel ETF Market Vectors SLX moves in a range of 0.5 points on a day to day basis. This means that a total of approx 0.5 plus points of returns can be expected in a bullish day, and a total of 0.5 minus points can be expected in a bearish day.
This is about 0.81% of returns per day.

Steel ETF Market Vectors Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Steel ETF Market Vectors SLX at this time.

It appears as if Steel ETF Market Vectors SLX gave a large move recently.

Stock of Steel ETF Market Vectors (SLX) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Steel ETF Market Vectors is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 61.3 as stoploss in an intra day buy trade for a target of 62.62. However, stock will show a bearish move below 61.3.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Steel ETF Market Vectors SLX

Candle stick analysis of Steel ETF Market Vectors as on 28 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 2.9 HC: 2.8 LC: 0.1 OC: 0.3

Steel ETF Market Vectors is moving towards a low expiry

Steel ETF Market Vectors is forming a DOJI candle

Candle stick analysis of Steel ETF Market Vectors as on 26 Wed Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 1.5 HC: 1 LC: 0.5 OC: 0.2

Steel ETF Market Vectors is moving towards a low expiry

Steel ETF Market Vectors is forming a DOJI candle

Candle stick analysis of Steel ETF Market Vectors as on 24 Mon Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 1.3 HC: 0.8 LC: 0.6 OC: 1.3

Steel ETF Market Vectors is moving towards a low expiry

Candle stick analysis of Steel ETF Market Vectors as on 21 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 1.5 HC: 0.5 LC: 1 OC: 0

Steel ETF Market Vectors is moving towards a high expiry

Steel ETF Market Vectors is forming a DOJI candle

Candle stick analysis of Steel ETF Market Vectors as on 20 Thu Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 0.7 HC: 0.5 LC: 0.2 OC: 0.4

Steel ETF Market Vectors is moving towards a low expiry

Steel ETF Market Vectors is forming a DOJI candle

Steel ETF Market Vectors SLX Weekly Analysis to buy or sell

As per my analysis of Steel ETF Market Vectors SLX, 12 week returns for Steel ETF Market Vectors SLX have been positive, with total returns of 1.16, which is 1.91% with investment starting at 60.71.
An investment of 100,000 bucks in Steel ETF Market Vectors would have become 101910 bucks today.

Steel ETF Market Vectors SLX moves in a range of 0.8 points on a week to week basis. This means that a total of approx 0.8 plus points of returns can be expected in a bullish week, and a total of 0.8 minus points can be expected in a bearish week.
This is about 1.29% of returns per week.

Weekly Candle Stick analysis of Steel ETF Market Vectors SLX

Candle stick analysis of Steel ETF Market Vectors as on 28 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 4.5 HC: 4.4 LC: 0.1 OC: 1.9

Steel ETF Market Vectors is moving towards a low expiry

Candle stick analysis of Steel ETF Market Vectors as on 21 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 4.2 HC: 3.2 LC: 1 OC: 1.4

Steel ETF Market Vectors is moving towards a low expiry

Candle stick analysis of Steel ETF Market Vectors as on 14 Fri Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 6.8 HC: 0.1 LC: 6.7 OC: 3.7

Steel ETF Market Vectors is moving towards a high expiry

Candle stick analysis of Steel ETF Market Vectors as on 07 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 7.3 HC: 1.9 LC: 5.3 OC: 0.7

Steel ETF Market Vectors is moving towards a high expiry

Candle stick analysis of Steel ETF Market Vectors as on 28 Fri Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 3.7 HC: 2.4 LC: 1.3 OC: 0.4

Steel ETF Market Vectors is moving towards a low expiry

Steel ETF Market Vectors is forming a DOJI candle

Steel ETF Market Vectors SLX Monthly Analysis to buy or sell

As per my analysis of Steel ETF Market Vectors SLX, 12 month returns for Steel ETF Market Vectors SLX have been negative, with total returns of -7.79, which is -11.18% with investment starting at 69.66.
An investment of 100,000 bucks in Steel ETF Market Vectors would have become 88820 bucks today.

Steel ETF Market Vectors SLX moves in a range of 3.7 points on a month to month basis. This means that a total of approx 3.7 plus points of returns can be expected in a bullish month, and a total of 3.7 minus points can be expected in a bearish month.
This is about 5.98% of returns per month.

Monthly Candle Stick analysis of Steel ETF Market Vectors SLX

Candle stick analysis of Steel ETF Market Vectors as on 28 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 9.3 HC: 4.9 LC: 4.2 OC: 2.5

Steel ETF Market Vectors is moving towards a low expiry

Candle stick analysis of Steel ETF Market Vectors as on 28 Fri Feb 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 9.1 HC: 4.5 LC: 4.4 OC: 7.6

Steel ETF Market Vectors is moving towards a low expiry

Candle stick analysis of Steel ETF Market Vectors as on 31 Fri Jan 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 8.4 HC: 2 LC: 6.3 OC: 7.1

Steel ETF Market Vectors is moving towards a high expiry

Candle stick analysis of Steel ETF Market Vectors as on 27 Fri Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 21.6 HC: 21 LC: 0.5 OC: 1.2

Steel ETF Market Vectors is moving towards a low expiry

Candle stick analysis of Steel ETF Market Vectors as on 26 Tue Nov 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Steel ETF Market Vectors are:
HL: 11.1 HC: 5.3 LC: 5.6 OC: 10.3

Steel ETF Market Vectors is moving towards a high expiry