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SLX NEWS why is Steel Etf Market Vectors price falling or rising

SLX NEWS reasons for why stock price of Steel Etf Market Vectors is falling or rising

SLX Steel Etf is falling or rising technical reasons

Technical analysis forecast of Steel Etf Stock is that its 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 SLX at this time. Stock is rising and might rise more.

It appears as if Steel Etf SLX gave a large move recently.

Stock of Steel Etf (SLX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Steel Etf is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Steel Etf stays above 97, but if it comes below 97, then a intra day sell could be more profitable.
If you take a sell trade below 97, then use 97 as stoploss and 93.92 as target. However if you take a buy trade in Steel Etf, then use 97 as stoploss and 100.8 as target.

SLX Steel Etf is falling or rising NEWS fundamental reasons

More announcements and NEWS

SLX Steel Etf Market Vectors current price & indicator signals

Moving Averages for Steel Etf Market Vectors

  • 5Day Average: 96.89
  • 12Day Average: 95.95
  • 20Day Average: 93.75
  • 50Day Average: 88.12
  • 100Day Average: 81.87
  • 150Day Average: 78
  • 200Day Average: 74.27

SLX Indicators & signals

Indicator MACD (12,26,9)

95.57, 92.76, 2.78
Indicator MACD is in positive zone

Indicator ADX (14)

41.07, 38.54, 16.1
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SLX Steel Etf Market Vectors are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Fri Feb 2026 98.36 97.33 to 98.51 2.87% 1.18 times
05 Thu Feb 2026 95.62 95.13 to 96.88 -2.41% 1.64 times
04 Wed Feb 2026 97.98 96.62 to 99.17 0.45% 1.12 times
03 Tue Feb 2026 97.54 96.26 to 97.89 2.72% 0.83 times
02 Mon Feb 2026 94.96 93.06 to 95.35 1.32% 0.4 times
30 Fri Jan 2026 93.72 92.93 to 95.66 -3.43% 1.2 times
29 Thu Jan 2026 97.05 95.44 to 98.24 0.83% 1.23 times
28 Wed Jan 2026 96.25 95.29 to 96.48 0.08% 0.5 times
27 Tue Jan 2026 96.17 94.78 to 96.28 1.78% 0.81 times
26 Mon Jan 2026 94.49 94.40 to 96.53 -1.02% 1.21 times
23 Fri Jan 2026 95.46 93.70 to 95.46 1.81% 1.06 times
22 Thu Jan 2026 93.76 93.52 to 94.51 0.25% 1 times

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SLX NEWS why is Steel Etf Market Vectors price falling or rising

 

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