ENDEAVOUR SILVER CORP (EXK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EXK - CA29258Y1034 - Common Stock
Taking everything into account, EXK scores 10 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, EXK is showing a nice and steady performance.
EXK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for EXK in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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7.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.66 to 9.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.37 from a trend line in the daily time frame.
- Support @8.03 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EXK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXK is up. |
| ChartMill Relative Strength | 97.87 | POSITIVE | EXK has a high relative strength, it outperformed 97.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.15 | NEUTRAL | The RSI value for EXK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EXK has a positive trend. |
| Stochastics (14,3) | 72.25 | NEUTRAL | The Stochastics value for EXK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for EXK suggests high volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for EXK suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.90 | 9.65 | 1.25 (11.47%) | 8.72% |
| An entry @10.90. This is a Buy Stop order right above the 10 day high. | An exit @9.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.25 points, which is 11.47%. | When investing 8.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
10.62
+0.84 (+8.59%)
ENDEAVOUR SILVER CORP / EXK FAQ
What is the ChartMill technical rating of ENDEAVOUR SILVER CORP (EXK) stock?
ChartMill assigns a technical rating of 10 / 10 to EXK.
What is the current trend direction of ENDEAVOUR SILVER CORP (EXK) stock?
The current trend direction for ENDEAVOUR SILVER CORP (EXK) is Bullish.
What is the RSI signal for ENDEAVOUR SILVER CORP (EXK) stock?
ENDEAVOUR SILVER CORP (EXK) has an RSI value of 61.147. This indicates that the stock is currently neutral.
What is the MACD signal for EXK stock?
The MACD indicator for ENDEAVOUR SILVER CORP (EXK) has a value of 0.0274218, indicating a bearish trend.
What is the short term momentum for ENDEAVOUR SILVER CORP (EXK) stock?
The short term momentum for ENDEAVOUR SILVER CORP (EXK) is positive.