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 2026-05-06, VanEck Steel ETF (SLX) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SLX stands at 74.42, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.73, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 84.66 and the Commodity Channel Index (CCI) at 275.99 further confirm a 5.94 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SLX is trading above its 60-day moving average of $96.66 and above its 200-day long-term moving average of $84.15. Key price levels to watch include the immediate resistance at $107.73 and strong support at $99.41. A break above $107.73 could signal a bull continuation, while falling below $99.41 may test the next Fibonacci floor at $95.79.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 91.1 | 95.79 | 99.41 | 104.11 | 107.73 | 112.42 | 116.05 |
| Fibonacci | 95.79 | 98.97 | 100.93 | 104.11 | 107.28 | 109.25 | 112.42 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 74.42 |
| Stochastic Oscillator | 84.66 |
| Stochastic RSI | 82.8 |
| Commodity Channel Index (CCI) | 275.99 |
| Awesome Oscillator | 7.37 |
| Momentum | 5.94 |
| MACD | 2.73 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 104.5 | Buy |
| 10-Day | 103.04 | Buy |
| 20-Day | 101.64 | Buy |
| 60-Day | 96.66 | Buy |
| 200-Day | 84.15 | Buy |
| 250-Day | 80.45 | Buy |