Silver(SLV)

Silver (SLV) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SLV · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$53.92last close · Jul 22, 202652-week range $33.10$109.83 · 50.91% below the high

SLV Falling Wedge Pattern

SLV is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $101.92 (+55.3%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; SLV's own falling wedges have hit 47.4%.

DirectionBullishTarget$101.92Projected move+55.3%Breakout level$65.38

New to this pattern? What a falling wedge is and how to trade it →

SLV's Most Recent Falling Wedge Trade

SLV's most recent completed falling wedge resolved as a loss: it broke higher on Apr 8, 2026 near $69.73, then was stopped out at $61.57 on Jun 5, 2026 — a 11.7% move (-1.25R) over 41 sessions. Across 66 backtested falling wedges, this setup wins 48.5% of the time.

OutcomeLossResult-11.7%R-1.25REntry$69.73Exit$61.57

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
SLV win rate
47.4%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

SLV Pattern Trade History

Every completed pattern trade our nightly backtest found on SLV's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeApr 8, 2026 @ $69.73Jun 5, 2026 @ $61.57Loss+55.3% · -1.25R
TriangleNov 28, 2025 @ $49.67Jan 30, 2026 @ $75.44Win+16.0% · +5.25R
TriangleMay 12, 2025 @ $29.64May 21, 2025 @ $30.51Loss+15.8% · -1.45R
Rising WedgeApr 2, 2025 @ $30.67Apr 4, 2025 @ $28.46Win+8.8% · +2.99R
TriangleFeb 16, 2024 @ $21.16Mar 21, 2024 @ $22.65Win+6.4% · +1.43R
TriangleJan 11, 2024 @ $20.90Mar 4, 2024 @ $21.86Loss+14.1% · -1.50R
TriangleNov 16, 2023 @ $21.88Apr 22, 2024 @ $24.93Win+13.6% · +1.71R
TriangleJan 31, 2023 @ $21.58Feb 3, 2023 @ $20.61Win+5.6% · +1.52R
TriangleJun 17, 2021 @ $24.36Jun 18, 2021 @ $24.03Win+5.0% · +0.18R
Falling WedgeApr 6, 2021 @ $23.28May 21, 2021 @ $25.53Win+13.3% · +1.96R
Falling WedgeMar 30, 2021 @ $22.44Apr 21, 2021 @ $24.70Loss+14.1% · -1.03R
TriangleFeb 26, 2021 @ $25.00Aug 9, 2021 @ $21.91Win+15.0% · +2.41R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

SLV Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

SLV Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$53.78$55.08$53.78$53.92
Jul 21, 2026$52.86$53.52$52.66$53.08
Jul 20, 2026$51.20$51.70$50.95$50.98
Jul 17, 2026$49.70$50.82$49.61$50.78
Jul 16, 2026$50.91$51.08$50.02$50.39
Jul 15, 2026$52.71$52.90$51.19$52.21
Jul 14, 2026$53.53$53.94$52.86$53.17
Jul 13, 2026$52.95$53.00$51.78$52.16
Jul 10, 2026$53.69$54.29$53.23$53.95
Jul 9, 2026$54.11$54.78$53.99$54.14

SLV Frequently Asked Questions

What chart pattern is SLV forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Silver (SLV) on the daily chart, with a measured-move target of $101.92.
Is a falling wedge bullish or bearish?
The falling wedge detected on SLV is a bullish pattern, projecting a measured-move target of $101.92. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if SLV's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $101.92 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SLV's closing price on Jul 22, 2026?
Silver (SLV) last closed at $53.92 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.