SILVERCO MINING LTD (SICO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SICO - CA8279241019 - Common Stock
Taking everything into account, SICO scores 4 out of 10 in our technical rating. SICO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
SICO has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
7.33
We found 2 important support areas.
- Support @9.34 from a horizontal line in the daily time frame.
- Support @7.40 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.01 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SICO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SICO.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SICO.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SICO.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 67.03 | NEUTRAL | The RSI value for SICO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SICO.CA has a negative trend. |
| Stochastics (14,3) | 57.95 | NEUTRAL | The Stochastics value for SICO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for SICO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 67.1 | POSITIVE | The high ADX value value for SICO.CA suggests a strong trend. |
TSX-V:SICO (1/6/2026, 7:00:00 PM)
9.9
+0.02 (+0.2%)
SILVERCO MINING LTD / SICO.CA FAQ
What is the ChartMill technical rating of SILVERCO MINING LTD (SICO.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to SICO.CA.
What is the current trend direction of SILVERCO MINING LTD (SICO.CA) stock?
The current trend direction for SILVERCO MINING LTD (SICO.CA) is Bullish.
Can you provide the RSI signal for SILVERCO MINING LTD?
SILVERCO MINING LTD (SICO.CA) has an RSI value of 67.0291. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SILVERCO MINING LTD?
The MACD indicator for SILVERCO MINING LTD (SICO.CA) has a value of -0.0327404, indicating a bearish trend.
What is the support and resistance level for SICO stock?
SILVERCO MINING LTD (SICO.CA) has a support level at 9.34 and a resistance level at 10.01. Check the full technical report for our detailed analysis of SICO.CA support and resistance levels.