SLX
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Technical Sentiment Analysis for VanEck Steel ETF (SLX). As of 2026-04-16, VanEck Steel ETF (SLX) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SLX stands at 67.07, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.96, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96.61 and the Commodity Channel Index (CCI) at 107.2 further confirm a 6.39 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SLX is trading above its 60-day moving average of $95.1 and above its 200-day long-term moving average of $81.86. Key price levels to watch include the immediate resistance at $101.14 and strong support at $92.27. A break above $101.14 could signal a bull continuation, while falling below $92.27 may test the next Fibonacci floor at $87.38.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 83.4 | 87.38 | 92.27 | 96.25 | 101.14 | 105.12 | 110.01 |
| Fibonacci | 87.38 | 90.77 | 92.86 | 96.25 | 99.64 | 101.73 | 105.12 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 67.07 |
| Stochastic Oscillator | 96.61 |
| Stochastic RSI | 97.8 |
| Commodity Channel Index (CCI) | 107.2 |
| Awesome Oscillator | 6.14 |
| Momentum | 6.39 |
| MACD | 1.96 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 99.5 | Buy |
| 10-Day | 97.15 | Buy |
| 20-Day | 93.14 | Buy |
| 60-Day | 95.1 | Buy |
| 200-Day | 81.86 | Buy |
| 250-Day | 78.06 | Buy |