SLX Stock VanEck Steel ETF (SLX, $72.19) Aroon Indicator entered an Uptrend on September 05, 2025.
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Momentum Indicator for SLX turns positive, indicating new upward trend
SLX saw its Momentum Indicator move above the 0 level on August 28, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 74 similar instances where the indicator turned positive. In of the 74 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SLX just turned positive on September 05, 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 .
SLX moved above its 50-day moving average on August 07, 2025 date and that indicates a change from a downward trend 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 337 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 299 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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
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 .
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