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 2026-05-26, VanEck Steel ETF (SLX) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 12 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SLX stands at 64.3, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 68.35 and the Commodity Channel Index (CCI) at 109.15 further confirm a 1.33 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SLX is trading above its 60-day moving average of $98.23 and above its 200-day long-term moving average of $86.58. Key price levels to watch include the immediate resistance at $110.46 and strong support at $103.03. A break above $110.46 could signal a bull continuation, while falling below $103.03 may test the next Fibonacci floor at $99.1.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 95.6 | 99.1 | 103.03 | 106.53 | 110.46 | 113.96 | 117.89 |
| Fibonacci | 99.1 | 101.94 | 103.69 | 106.53 | 109.37 | 111.12 | 113.96 |
2026-05-26
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 64.3 |
| Stochastic Oscillator | 68.35 |
| Stochastic RSI | 51.05 |
| Commodity Channel Index (CCI) | 109.15 |
| Awesome Oscillator | 2.45 |
| Momentum | 1.33 |
| MACD | 2 |
2026-05-26
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 106.25 | Buy |
| 10-Day | 106.97 | Buy |
| 20-Day | 105.94 | Buy |
| 60-Day | 98.23 | Buy |
| 200-Day | 86.58 | Buy |
| 250-Day | 82.75 | Buy |