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

Auto-detected technical analysis for SLV · data as of Jun 30, 2026. The chart above is live; the read below updates daily.

$53.47last close · Jun 30, 2026

SLV falling wedge pattern

SLV is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.

A Falling Wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $94.84 (+44.8%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R.

DirectionBullishTarget$94.84Projected move+44.8%Breakout level$65.38

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 $67.47, then was stopped out at $61.57 on Jun 5, 2026 — a -1.38R move (8.7%) over 41 sessions. Across 54 backtested falling wedges, this setup wins 51.9% of the time.

OutcomeLossResult-1.38REntry$67.47Exit$61.57

How falling wedges have performed

Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

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
Jun 30, 2026$53.33$54.65$53.19$53.47
Jun 29, 2026$52.78$52.93$51.93$52.68
Jun 26, 2026$52.87$53.87$52.46$53.28
Jun 25, 2026$52.71$53.20$51.50$52.36
Jun 24, 2026$52.94$53.90$50.31$51.78
Jun 23, 2026$56.16$56.51$55.47$55.73
Jun 22, 2026$60.09$60.33$58.75$58.91
Jun 18, 2026$60.74$61.12$58.85$59.51
Jun 17, 2026$63.54$64.69$60.39$60.61
Jun 16, 2026$63.70$63.85$62.76$63.39

SLV frequently asked questions

What chart pattern is SLV forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Silver (SLV) on the daily chart, with a measured-move target of $94.84.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on SLV is a bullish pattern, projecting a measured-move target of $94.84. 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 (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. 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 $94.84 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SLV's closing price on Jun 30, 2026?
Silver (SLV) last closed at $53.47 on Jun 30, 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.

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