Conclusion, Investment Implications, Strategy

The iShares Silver Trust (SLV) is in the midst of a December 2022 major bullish trend change, as defined by its 200-day moving average, amid monthly expansion in investor assets and emerging quarterly relative outperformance versus the S&P 500 (SPY).  Together, these factors establish favorable conditions for more outright strength and relative outperformance by SLV and other silver related assets.  

SLV: Established Major Uptrend Amid Expanding Assets And Relative Outperformance

The green highlights in the upper panel of Chart 1 below show that the iShares Silver Trust (SLV)  is in the midst of a major uptrend, as defined by its 200-day moving average (major trend proxy), which most recently reengaged on Apr 11th.  The middle panel shows that the total net assets invested in SLV (AUM) moved above their 21-day moving average on Apr 24th to indicate a monthly trend of expanding assets characteristic of sustainable bullish price advances.  The lower panel shows that SLV is in a Jun 5th emerging trend of quarterly relative outperformance versus the benchmark S&P 500 (SPY).

As long as these three conditions remain intact, the price of SLV will likely continue moving higher in the weeks ahead.

Chart 1

Current Sector & Industry Group Ideas

Table 1 below is also accessible via the Asbury ETF Trade Ideas rectangle at the top of the Research Center.

Table 1

Click the table to make it larger

Performance Metrics Through June 30th 2025

Table 2 below breaks down the 96 individual trade ideas as published in real time via our Asbury ETF Trade Ideas from March 17th, 2023, through June 30th, 2025, which is a little more than 2 years.  Our Asbury ETF Trade Ideas are accessible directly from the Research Center and available via the lower right rectangle at the top of that page.

These ideas are intended to be potential short-term trading opportunities rather than long-term investments.  However, many users use them to provide exceptional, low-risk entry points into ETFs that they want to add as long-term portfolio holdings.

In addition, since the 27 months of data shown below indicate 1) how long our average holding period has been (18 days) and 2) what our average percent gain has been (4.6%) for winning trades, options traders may consider using these data to purchase out-of-the-money calls with less than a month left until expiration.

Table 2

Glossary Of Financial Terms
Performance Highlights
  • the percentage of winning trades is higher than the percentage of losing trades.
  • the average winning trade is almost double the average losing trade.
  • the average winning trade length (in days) is more than twice as long as the average losing trade length.
  • During the past 27 months, our model has, on average, produced one new trade idea per week.
How We Choose Which ETFs To Trade

Our selection process is to scan a broad list of ETFs daily, looking for four characteristics of successful trades:

  1. a positive major price trend
  2. monthly relative outperformance versus the benchmark S&P 500
  3. monthly investor asset expansion
  4. favorable risk/reward characteristics. 

Contact us with questions or for additional information.