SLV Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
ETF · Silver
SLV is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $52.38, currently 0.31% away. This pattern has shown a 1.3x profit factor across 9 backtested trades.
Current Setup
Close$52.22 -2.48%
Breakout Level$52.38
Distance to Level0.31% (crossed)
RVOL0.2×
Pressure63
PatternCompression
Trade Plan
Entry$52.25
Stop$52.56
TP1$51.94
TP2$51.63
TP3$51.32
Chart
Backtest Performance
Win Rate
56%
Profit Factor
1.27x
Avg R
+0.12R
Trades
9
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 29 | BEAR | A- | $52.29 | $52.70 | $51.89 | $52.70 | LOSS | -1.00R | 7 |
| Jun 25 | BEAR | A- | $51.82 | $52.44 | $51.21 | $52.44 | LOSS | -1.00R | 2 |
| Jun 10 | BEAR | A- | $57.69 | $58.32 | $57.06 | $58.32 | LOSS | -1.00R | 8 |
| Jun 9 | BEAR | A | $61.10 | $61.49 | $60.70 | $60.70 | WIN | +1.03R | 2 |
| May 11 | BULL | A- | $73.50 | $72.87 | $74.14 | $74.14 | WIN | +1.02R | 2 |
| May 8 | BULL | A- | $73.50 | $72.87 | $74.14 | $72.87 | LOSS | -1.00R | 2 |
| Apr 17 | BULL | A- | $71.74 | $71.25 | $72.24 | $72.24 | WIN | +1.02R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-07-15 | A- | BEAR | $52.38 | 0.04% | 63 | breakout |
| 2026-07-15 | A- | BEAR | $52.41 | 0.33% | 70 | — |
| 2026-07-15 | A- | BEAR | $52.41 | 0.23% | 70 | — |
| 2026-07-15 | A- | BEAR | $52.55 | 0.08% | 66 | — |
| 2026-07-15 | A- | BEAR | $52.58 | 0.13% | 69 | — |
| 2026-07-13 | B | BEAR | $53.24 | 0.53% | 58 | breakout |
| 2026-07-13 | B | BEAR | $53.24 | 1.35% | 73 | — |
| 2026-07-13 | B | BEAR | $53.24 | 1.35% | 73 | — |
| 2026-07-13 | B | BEAR | $53.24 | 1.35% | 73 | — |
| 2026-07-13 | B | BEAR | $53.24 | 1.35% | 73 | — |
Bot Activity
No bot trades on SLV yet.
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