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Silver Wheaton Breaks Above 200-Day Moving Average - Bullish for SLW

In trading on Monday, shares of Silver Wheaton Corp (Symbol: SLW) crossed above their 200 day moving average of $22.75, changing hands as high as $22.85 per share. Silver Wheaton Corp shares are currently trading up about 1% on the day. The chart below shows the one year performance of SLW shares, versus its 200 day moving average:

Silver Wheaton Corp 200 Day Moving Average Chart

Looking at the chart above, SLW's low point in its 52 week range is $17.75 per share, with $29.17 as the 52 week high point - that compares with a last trade of $22.82.

According to the ETF Finder at ETF Channel, SLW makes up 5.35% of the Gold Miners ETF (Symbol: GDX) which is trading lower by about 0.3% on the day Monday.

Click here to find out which 9 other metals stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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