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SLX
ETF ticker: NYSE ARCA
AS OF
Jul 11 closing price
Price
$71.38
Change
+$0.33 (+0.46%)
Net Assets
80.48M

SLX VanEck Steel ETF Forecast, Technical & Fundamental 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
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for SLX with price predictions
Jul 11, 2025

SLX's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for SLX turned positive on June 27, 2025. Looking at past instances where SLX's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 26, 2025. You may want to consider a long position or call options on SLX as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 50-day moving average for SLX moved above the 200-day moving average on July 02, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SLX advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 288 cases where SLX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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 July 01, 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.

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SLX
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category NaturalResources

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Natural Resources
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SLX and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, SLX has been closely correlated with VAW. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if SLX jumps, then VAW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SLX
1D Price
Change %
SLX100%
+0.46%
VAW - SLX
85%
Closely correlated
-0.77%
XLB - SLX
82%
Closely correlated
-0.28%
GNR - SLX
78%
Closely correlated
N/A
GUNR - SLX
74%
Closely correlated
+0.24%
CUT - SLX
64%
Loosely correlated
N/A
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