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SLX
ETF ticker: NYSE ARCA
AS OF
Apr 24, 10:30 AM (EDT)
Price
$59.62
Change
+$0.77 (+1.31%)
Net Assets
69.15M

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

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A.I.Advisor
a Summary for SLX with price predictions
Apr 23, 2025

SLX's RSI Oscillator ascends from oversold territory

The RSI Oscillator for SLX moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 20 similar instances when the indicator left oversold territory. In of the 20 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on SLX as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for SLX just turned positive on April 22, 2025. Looking at past instances where SLX's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SLX advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .

SLX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

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.

The 10-day moving average for SLX crossed bearishly below the 50-day moving average on April 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 .

The Aroon Indicator for SLX entered a downward trend on April 16, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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 13.13B. The market cap for tickers in the group ranges from 343.36M to 102.85B. RIO holds the highest valuation in this group at 102.85B. The lowest valued company is ZEUS at 343.36M.

High and low price notable news

The average weekly price growth across all stocks in the VanEck Steel ETF ETF was 12%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 88%. CRS experienced the highest price growth at 11%, while ROCK experienced the biggest fall at -1%.

Volume

The average weekly volume growth across all stocks in the VanEck Steel ETF ETF was 17%. For the same stocks of the ETF, the average monthly volume growth was 14% and the average quarterly volume growth was -5%

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: 64
SMR Rating: 71
Profit Risk Rating: 45
Seasonality Score: -16 (-100 ... +100)
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