BLACKROCK SILVER CORP (BRC.CA)

CA09261Q1072 - Common Stock

0.345  -0.01 (-1.43%)

Technical Rating and Analysis

9

Taking everything into account, BRC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRC is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
BRC is part of the Metals & Mining industry. There are 859 other stocks in this industry. BRC outperforms 86% of them.
In the last month BRC has a been trading in the 0.25 - 0.39 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BRC is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRC is lagging the market slightly.
Weekly and Daily overview Charts
BRC Weekly chart
BRC Daily chart
Setup Rating and Analysis

6

BRC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.25

0.38

3 important support areas can be observed.

  • A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.28 from a trend line in the daily time frame.
  • Support @0.25 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @0.38 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.53
Mansfield0.39
10 Day High0.39
10 Day Low0.33
20 Day High0.39
20 Day Low0.25
52 Week High0.44
52 Week Low0.19
Performance
1 Week-4.17%
2 Weeks-2.82%
1 Month30.19%
3 Month76.92%
6 Month15%
12 Month-1.43%
2 Year-69.47%
3 Year-55.77%
5 Year885.71%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)62.32
LBB0.27
UBB0.4
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.370.330.04 (10.81%)9.25%
An entry @0.37. This is a Buy Stop order right above the resistance zone.An exit @0.33. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.04 points, which is 10.81%.For a 1.00% total portfolio risk, you can invest 9.25% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BRC. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRC Daily chart

BLACKROCK SILVER CORP

TSX-V:BRC (4/17/2024, 6:00:00 PM)

0.345

-0.01 (-1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.43%
1 Week-4.17%
2 Weeks-2.82%
1 Month30.19%
3 Month76.92%
6 Month15%
12 Month-1.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%7.61%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.39
10 Day Low0.33
20 Day High0.39
20 Day Low0.25
52 Week High0.44
52 Week Low0.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume199.75K
Volume Incr-40.34%
Vol(5)171.49K
Vol(50)231.53K