FARO ECONÓMICOSTOCK ANALYSIS

SLX — analysis and forecast

$102.45+0.7% todayVanEck Steel ETF
Verdict
Neutral
RSI (14)
44
MACD
▼ falling
Trend
Downtrend
Volatility
22%
52w range
72%

🗓️ Forecast by horizon

Directional bias · probability of rising · expected price and likely range (68%)

HorizonBiasProb. upExpected price68% range
1 dayBearish48%$102.53 +0.1%$101.13 – $103.96
3 daysBearish49%$102.70 +0.2%$100.27 – $105.18
1 weekNeutral50%$102.86 +0.4%$99.73 – $106.08
15 daysNeutral52%$103.27 +0.8%$98.86 – $107.88
1 monthNeutral55%$104.18 +1.7%$97.79 – $110.98
3 monthsNeutral61%$107.72 +5.1%$96.54 – $120.20

Recent momentum: -3.4% over 20 days · +0.6% over 60 days. The further out the horizon, the wider and more uncertain the forecast.

📈 Probability cone

📜 Government contracts

We have no notable federal contract on file for SLX. You can look it up yourself at USASpending.gov or in the Government Sources hub.

🧠 How it is calculated

The verdict combines trend (20/50/200 moving averages), momentum (RSI, MACD), mean reversion (Bollinger Bands), conviction (volume) and historical drift, weighted differently for each horizon. Uncertainty is modeled with a lognormal probability cone (geometric Brownian motion). This is statistical analysis, not a crystal ball.

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⚠️ Educational tool. Not financial advice. Forecasts are statistical estimates based on historical volatility; the market can do the opposite. Data via Yahoo Finance. Always verify before trading. The decisions are yours.