SLX
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$
0.000
0.000(0.000%)
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ET
Technical Sentiment Analysis for VanEck Steel ETF (SLX). As of 2026-06-16, VanEck Steel ETF (SLX) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 10 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SLX stands at 56.67, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.23, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 67.18 and the Commodity Channel Index (CCI) at 57.73 further confirm a -3.14 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SLX is trading above its 60-day moving average of $102.77 and above its 200-day long-term moving average of $89.57. Key price levels to watch include the immediate resistance at $113.17 and strong support at $104.43. A break above $113.17 could signal a bull continuation, while falling below $104.43 may test the next Fibonacci floor at $99.95.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 95.69 | 99.95 | 104.43 | 108.69 | 113.17 | 117.43 | 121.91 |
| Fibonacci | 99.95 | 103.29 | 105.35 | 108.69 | 112.03 | 114.09 | 117.43 |
2026-06-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 56.67 |
| Stochastic Oscillator | 67.18 |
| Stochastic RSI | 56.23 |
| Commodity Channel Index (CCI) | 57.73 |
| Awesome Oscillator | 1.69 |
| Momentum | -3.14 |
| MACD | 1.23 |
2026-06-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 109.12 | Buy |
| 10-Day | 108.91 | Buy |
| 20-Day | 108.89 | Buy |
| 60-Day | 102.77 | Buy |
| 200-Day | 89.57 | Buy |
| 250-Day | 85.48 | Buy |