VanEck Steel (SLX)

Stock 50 day low quality score: LOW. Buying a current 50 day low has a lower probability of returning a 5% profit*.

*This assessment is based on the stock's past data and is no guarantee of future performance.

SLX 50 day lows ( arrow_drop_down ) are displayed on this chart. Scroll down for the results of backtesting purchasing SLX at the 50 day lows. You may need to change the timeframe of the chart to see the lows. View 52 week lows for SLX.

 

50 Day Lows - Profit Probability Projections

This table summarises how long it would take after buying the ETF at the 50 day lows to reach the specified percentage return. Note that past performance is not a guarantee of future performance. The calculations exclude the exceptionally volatile month of March 2020. Calculations also exclude dividends and other distributions to shareholders.

Date Days to Reach Profit Target
2% 3% 4% 5% 7.5% 10% 20% 25% 30% 40% 50% 75% 100%
2025 2 6 7 9
2024 17 22 30 40 88 83 56
2023 13 16 20 21 28 37 61 181 206
2022 16 21 22 29 37 54 143 181 264 361 435
2021 23 24 27 33 46 92 152 311 393 748
Avg. Days 14 17 21 26 49 66 103 224 287 554 435
CAGR 67.6% 88.6% 97.7% 98.4% 71.4% 69.4% 90.8% 43.9% 39.6% 24.8% 40.5%

Backtest Trading Summary

This table summarises how profitable it would have been to have bought this ETF at each 50 day low. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

50 Day Low Date Price Performance (mouseover for details)
2% 3% 4% 5% 7.5% 10% 20% 25% 30% 40% 50% 75% 100%
13 January 2025 $57.31 select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
03 January 2025 $57.32 select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
30 December 2024 $57.58 select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
27 December 2024 $58.01 select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
23 December 2024 $58.25 select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 December 2024 $60.03 select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 December 2024 $60.61 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
18 December 2024 $61.38 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
17 December 2024 $63.18 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
16 December 2024 $64.42 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
13 December 2024 $65.26 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
11 September 2024 $60.80 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
10 September 2024 $61.14 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
06 September 2024 $61.66 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
05 August 2024 $62.12 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
17 June 2024 $64.68 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
14 June 2024 $64.78 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
13 June 2024 $65.74 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
11 June 2024 $66.28 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
10 June 2024 $67.10 select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
07 June 2024 $67.83 select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
25 April 2024 $67.89 select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
23 October 2023 $59.71 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 October 2023 $59.80 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 October 2023 $60.85 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
18 October 2023 $61.83 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
13 October 2023 $62.41 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
04 October 2023 $62.50 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
03 October 2023 $63.14 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
26 September 2023 $64.07 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
25 September 2023 $64.39 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
31 May 2023 $55.19 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
30 May 2023 $56.04 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
25 May 2023 $56.46 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
24 May 2023 $56.82 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
11 May 2023 $57.29 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
04 May 2023 $57.29 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
14 July 2022 $46.17 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
06 July 2022 $46.21 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
05 July 2022 $46.36 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
01 July 2022 $47.80 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
30 June 2022 $48.79 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
23 June 2022 $48.81 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
22 June 2022 $50.17 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
17 June 2022 $51.99 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
16 June 2022 $52.78 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
14 June 2022 $54.30 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
12 May 2022 $54.46 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
10 May 2022 $55.38 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
24 January 2022 $50.18 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
20 December 2021 $50.46 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
30 November 2021 $51.43 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
26 November 2021 $52.67 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
18 November 2021 $53.12 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
21 September 2021 $53.55 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 September 2021 $53.73 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
17 September 2021 $57.08 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 July 2021 $57.66 select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

Compound Annual Growth Rate (CAGR) Summary

Compound Annual Growth Rate (CAGR) shows the annual percentage performance had the investment grown at the same rate over one year. Cross reference the figures in the tables below with the backtesting results tables above to see how long it took to achieve profitability after buying this ETF at the specific 50 day low. A red (empty) table cell shows that the specific profit point has not yet been achieved. Calculations exclude dividends or other distributions this fund may distribute to fund holders.

Date Price Gains / CAGR
5% 10% 20% 30% 40% 50% 75% 100%
13 January 2025 $57.31 8,487.2
03 January 2025 $57.32 256.8
30 December 2024 $57.58 169.0
27 December 2024 $58.01 103.9
23 December 2024 $58.25 84.8
20 December 2024 $60.03
19 December 2024 $60.61
18 December 2024 $61.38
17 December 2024 $63.18
16 December 2024 $64.42
13 December 2024 $65.26
11 September 2024 $60.80 >10,000 7,636.4 228.2
10 September 2024 $61.14 >10,000 1,100.0 221.4
06 September 2024 $61.66 493.5 590.8
05 August 2024 $62.12 256.8 100.5
17 June 2024 $64.68 103.9 27.8
14 June 2024 $64.78 88.9 27.1
13 June 2024 $65.74 74.5 26.9
11 June 2024 $66.28 18.1 26.5
10 June 2024 $67.10 17.7
07 June 2024 $67.83 12.4
25 April 2024 $67.89 169.0
23 October 2023 $59.71 826.7 1,352.7 268.7
20 October 2023 $59.80 341.1 779.6 235.3
19 October 2023 $60.85 293.6 281.1 192.5
18 October 2023 $61.83 227.8 196.6 166.1
13 October 2023 $62.41 116.9 149.8
04 October 2023 $62.50 74.5 90.5
03 October 2023 $63.14 71.5 82.2
26 September 2023 $64.07 43.8 56.2
25 September 2023 $64.39 40.8 55.3
31 May 2023 $55.19 >10,000 7,636.4 370.0 62.6
30 May 2023 $56.04 >10,000 916.8 235.3 59.9
25 May 2023 $56.46 341.1 469.4 197.7 57.8
24 May 2023 $56.82 293.5 353.8 192.5 56.1
11 May 2023 $57.29 93.4 100.5 142.9
04 May 2023 $57.29 68.9 84.1 125.1
14 July 2022 $46.17 3,424.9 1,100.0 1,076.0 105.4 96.4 89.8
06 July 2022 $46.21 >10,000 386.1 569.5 97.2 90.9 47.0
05 July 2022 $46.36 >10,000 353.8 504.1 96.3 84.2 46.9
01 July 2022 $47.80 103.9 246.4 65.6 82.6 80.0 32.2
30 June 2022 $48.79 88.9 144.0 62.5 63.4 65.1 31.7
23 June 2022 $48.81 8,488.4 113.0 58.7 60.7 62.8 31.2
22 June 2022 $50.17 56.1 103.4 53.6 55.5 25.6
17 June 2022 $51.99 39.1 26.9 37.9 51.6 25.0
16 June 2022 $52.78 38.2 26.1 37.5 44.7 24.7
14 June 2022 $54.30 12.7 25.5 34.6 19.1
12 May 2022 $54.46 3,422.2 1,100.0 29.4 18.0
10 May 2022 $55.38 1,173.1 779.6 29.2 17.9
24 January 2022 $50.18 826.3 1,100.0 504.1 452.9 19.5
20 December 2021 $50.46 256.8 353.8 152.0 183.2 18.5
30 November 2021 $51.43 1,173.7 124.6 104.5 131.6 17.9
26 November 2021 $52.67 404.9 58.0 81.2 123.6 17.6
18 November 2021 $53.12 88.9 40.6 71.8 112.6 17.3
21 September 2021 $53.55 143.6 24.3 44.7 15.3
20 September 2021 $53.73 133.5 24.1 44.4 12.7
17 September 2021 $57.08 11.4 23.3 42.5 12.2
19 July 2021 $57.66 8,477.5 3,143.1 28.1

The data for VanEck Steel (exchange: ARCX symbol: SLX) was last updated 01 Feb 2025 05:27. Data for this ETF is available from 04 Jan 2021 - 31 Jan 2025.