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SLX
ETF ticker: NYSE ARCA
AS OF
Mar 28 closing price
Price
$61.87
Change
-$1.80 (-2.83%)
Net Assets
77.36M

SLX stock forecast, quote, news & analysis

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE® Arca Steel Index™... Show more

SLX
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A.I.Advisor
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A.I.Advisor
a Summary for SLX with price predictions
Mar 28, 2025

SLX in downward trend: price dove below 50-day moving average on March 28, 2025

SLX moved below its 50-day moving average on March 28, 2025 date and that indicates a change from an upward trend to a downward trend. In of 50 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where SLX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SLX as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for SLX turned negative on March 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SLX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SLX broke above its upper Bollinger Band on March 14, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SLX advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Vale SA (NYSE:VALE), Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), United States Steel Corp (NYSE:X), Cleveland-Cliffs (NYSE:CLF).

Industry description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE® Arca Steel Index™. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the steel sector. Such companies may include small- and medium-capitalization companies and foreign and emerging market issuers. It may concentrate its investments in a particular industry or group of industries to the extent that the Steel Index concentrates in an industry or group of industries. The fund is non-diversified.

Market Cap

The average market capitalization across the VanEck Steel ETF ETF is 13.49B. The market cap for tickers in the group ranges from 352.01M to 102.85B. RIO holds the highest valuation in this group at 102.85B. The lowest valued company is ZEUS at 352.01M.

High and low price notable news

The average weekly price growth across all stocks in the VanEck Steel ETF ETF was -2%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was -10%. MTUS experienced the highest price growth at 5%, while CLF experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the VanEck Steel ETF ETF was -38%. For the same stocks of the ETF, the average monthly volume growth was -3% and the average quarterly volume growth was -38%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 29
P/E Growth Rating: 30
Price Growth Rating: 60
SMR Rating: 71
Profit Risk Rating: 47
Seasonality Score: -16 (-100 ... +100)
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