Silver(SLV)

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

Auto-detected technical analysis for SLV · data as of Aug 14, 2026. The chart above is live; the read below updates daily.

$58.48last close · Aug 14, 202652-week range $33.85 – $109.83 · 46.75% below the high

SLV Falling Wedge Pattern

SLV is currently forming a falling wedge on the daily timeframe. Detected Aug 14, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $102.60 (+56.9%). Across 8,372 backtested falling wedges, the setup followed through 55.2% of the time, averaging +0.33R; SLV's own falling wedges have hit 47.1%.

DirectionBullishTarget$102.60Projected move+56.9%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 -1.25R move (11.7%) over 41 sessions. Across 76 backtested falling wedges, this setup wins 55.3% of the time.

OutcomeLossResult-1.25REntry$69.73Exit$61.57

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How Falling Wedges Have Performed

Win rate
55.2%
Avg return
+0.33R
Backtested trades
8,372
SLV win rate
47.1%

Historical pattern statistics (2006-08-14 – 2026-08-14), 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-1.25R
Bullish PennantNov 5, 2025 @ $43.65Jan 30, 2026 @ $75.44Win+27.89R
TriangleMay 12, 2025 @ $29.64May 21, 2025 @ $30.51Loss-1.45R
Rising WedgeApr 2, 2025 @ $30.67Apr 4, 2025 @ $28.34Win+3.15R
Falling WedgeFeb 16, 2024 @ $21.07Mar 21, 2024 @ $22.65Win+1.65R
Falling WedgeJan 30, 2024 @ $21.29Mar 21, 2024 @ $22.65Win+1.11R
TriangleJan 11, 2024 @ $20.86Mar 13, 2024 @ $22.79Loss-1.16R
TriangleNov 17, 2023 @ $21.79Apr 22, 2024 @ $24.93Win+1.86R
TriangleJun 18, 2021 @ $24.09Jun 21, 2021 @ $24.03Win+0.03R
Falling WedgeApr 7, 2021 @ $23.30May 21, 2021 @ $25.53Win+1.90R
Falling WedgeMar 31, 2021 @ $22.31Apr 21, 2021 @ $24.70Loss-1.03R
TriangleMar 1, 2021 @ $24.96Aug 9, 2021 @ $21.91Win+2.31R

Recent Falling Wedges on Other Charts

TJXstopped −2.5%Aug 14, 2026ASMLstopped −8.5%Aug 13, 2026QQQstopped −6.9%Aug 13, 2026QQQMstopped −6.9%Aug 13, 2026

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.

Nearest auto-detected support sits near $52.61. These are chart/swing-derived levels, not formula pivots.

Support
$52.61$52.07$51.47$51.22$50.63$49.61

SLV Recent Daily Prices

DateOpenHighLowClose
Aug 14, 2026$58.83$59.37$58.42$58.48
Aug 13, 2026$58.81$58.88$58.01$58.16
Aug 12, 2026$59.58$59.96$58.79$59.06
Aug 11, 2026$58.67$58.99$58.16$58.55
Aug 10, 2026$57.80$59.72$57.52$59.41
Aug 7, 2026$58.00$58.18$56.99$57.50
Aug 6, 2026$55.46$55.88$55.00$55.85
Aug 5, 2026$56.10$56.75$55.80$56.07
Aug 4, 2026$53.97$54.28$53.58$53.84
Aug 3, 2026$51.25$52.62$51.12$52.46

SLV Frequently Asked Questions

What chart pattern is SLV forming right now?
As of Aug 14, 2026, TradingPal's detector identifies a falling wedge on Silver (SLV) on the daily chart, with a measured-move target of $102.60.
Is a falling wedge bullish or bearish?
The falling wedge detected on SLV is a bullish pattern, projecting a measured-move target of $102.60. 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 (8,372 trades over 631 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.33R. These are historical statistics, not a prediction.
What are the support and resistance levels for SLV?
Based on auto-detected, swing-derived levels (as of Aug 14, 2026), SLV's nearest support is around $52.61 and nearest resistance around n/a.
What is the price target if SLV's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $102.60 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SLV's closing price on Aug 14, 2026?
Silver (SLV) last closed at $58.48 on Aug 14, 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.