iShares Silver Trust ETF Faces Decline Below 200-Day Moving Average
In trading on Friday, the iShares Silver Trust ETF (Symbol: SLV) saw its shares dip below the 200-day moving average of $28.12, trading as low as $27.35 per share. Currently, iShares Silver Trust shares are down approximately 5.1% for the day. The chart below illustrates the one-year performance of SLV shares in relation to its 200-day moving average:
Examining the chart, SLV’s lowest point in its 52-week range stands at $23.87 per share, with the 52-week high reaching $31.80. The last trade occurred at $26.85.
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