SilverSLV

Silver (SLV) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for SLV · data as of Sep 1, 2026. The chart above is live; the read below updates daily.

$57.92last close · Sep 1, 202652-week range $36.43 – $109.83 · 47.26% below the high
Descending Triangle · playing out now

SLV is breaking down from a descending triangle — a sign the recent run may be rolling over.

As long as price stays below $81.28, it's in play — if it trades back above there, the trade is over.

The move's natural target sits near $22.88.

SLV falling wedge pattern

SLV is currently forming a falling wedge on the daily timeframe. Detected Sep 1, 2026.

DirectionBullishTarget$103.31Projected move+56.9%Breakout level$66.09

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 (which broke against type) resolved as a win: it broke down on Oct 14, 2026 near $51.31, then reached its target at $47.48 on Oct 29, 2026 — a 7.5% move (+0.84R) over 11 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.

OutcomeWinResult+7.5%R+0.84REntry$51.31Exit$47.48

Learn about falling wedge

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 wedgeOct 14, 2026 @ $51.31Oct 29, 2026 @ $47.48Win+8.1% · +0.84R
Falling wedgeSep 28, 2026 @ $55.19Oct 23, 2026 @ $49.07Win+11.1% · +0.94R
TriangleSep 9, 2026 @ $61.32Sep 11, 2026 @ $58.73Loss+7.5% · -1.18R
Rising wedgeAug 28, 2026 @ $60.52Aug 28, 2026 @ $63.93Loss+8.6% · -1.27R
Falling wedgeAug 5, 2026 @ $56.10Aug 19, 2026 @ $58.90Win+8.6% · +0.56R
TriangleJun 3, 2026 @ $66.35Oct 23, 2026 @ $48.12Win+27.5% · +1.26R
TriangleMay 7, 2026 @ $73.81Jun 8, 2026 @ $62.03Loss+22.3% · -1.48R
Falling wedgeMay 1, 2026 @ $69.60Jun 8, 2026 @ $62.03Loss+64.2% · -1.38R
Falling wedgeApr 14, 2026 @ $70.33Apr 29, 2026 @ $64.95Loss+26.4% · -1.43R
Falling wedgeMar 31, 2026 @ $67.83Jun 10, 2026 @ $58.19Loss+51.8% · -1.46R
Falling wedgeNov 28, 2025 @ $49.67Feb 2, 2026 @ $73.80Win+10.5% · +6.52R
Rising wedgeSep 22, 2025 @ $39.83Oct 22, 2025 @ $43.74Win+5.6% · +1.76R

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

Price found a floor near $52.94 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $96.94 — still about 67% away.

  • Traders commonly watch $96.94 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $52.94 floor about 4 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

SLV recent daily prices

DateOpenHighLowClose
Sep 1, 2026$58.39$59.06$57.85$57.92
Aug 31, 2026$60.39$60.42$59.66$60.13
Aug 28, 2026$63.93$64.31$59.73$60.02
Aug 27, 2026$61.67$62.97$61.08$62.77
Aug 26, 2026$61.59$61.96$61.02$61.59
Aug 25, 2026$60.99$62.62$60.94$62.32
Aug 24, 2026$62.81$63.03$61.73$62.20
Aug 21, 2026$62.90$63.21$62.26$62.72
Aug 20, 2026$60.26$62.33$60.26$61.66
Aug 19, 2026$58.90$60.05$58.59$60.01

SLV frequently asked questions

What chart pattern is SLV forming right now?
As of Sep 1, 2026, TradingPal's detector identifies a falling wedge on Silver (SLV) on the daily chart, with a measured-move target of $103.31.
Is a falling wedge bullish or bearish?
The falling wedge detected on SLV is a bullish pattern, projecting a measured-move target of $103.31. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if SLV's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $103.31 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SLV's closing price on Sep 1, 2026?
Silver (SLV) last closed at $57.92 on Sep 1, 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.