SilverCrest Metals Inc (SIL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SIL - CA8283631015 - Common Stock
Overall SIL gets a technical rating of 8 out of 10. In the last year, SIL was one of the better performers, but we do observe some doubts in the very recent evolution.
Although SIL has an excellent technical rating, it 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
12.52
3 important support areas can be observed.
- Support @14.07 from a trend line in the daily time frame.
- Support @13.62 from a horizontal line in the daily time frame.
- A support zone ranging from 12.65 to 13.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.66 to 14.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.35 from a horizontal line in the daily time frame.
- Resistance @16.67 from a horizontal 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 SIL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIL.CA is neutral. |
| ChartMill Relative Strength | 92.14 | POSITIVE | SIL.CA has a high relative strength, it outperformed 92.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SIL.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SIL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.91 | NEUTRAL | The RSI value for SIL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SIL.CA has a negative trend. |
| Stochastics (14,3) | 44.79 | NEUTRAL | The Stochastics value for SIL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for SIL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for SIL.CA suggests a possible start of a new trend. |
TSX:SIL (2/18/2025, 7:00:00 PM)
14.63
-0.38 (-2.53%)
SilverCrest Metals Inc / SIL.CA FAQ
What is the technical rating for SIL stock?
ChartMill assigns a technical rating of 8 / 10 to SIL.CA.
What is the trend direction for SIL stock?
The current trend direction for SilverCrest Metals Inc (SIL.CA) is Bullish.
What is the RSI signal for SilverCrest Metals Inc (SIL.CA) stock?
SilverCrest Metals Inc (SIL.CA) has an RSI value of 44.9117. This indicates that the stock is currently neutral.
What is the MACD signal for SIL stock?
The MACD indicator for SilverCrest Metals Inc (SIL.CA) has a value of -0.0912008, indicating a bearish trend.
Can you provide the short term momentum for SilverCrest Metals Inc?
The short term momentum for SilverCrest Metals Inc (SIL.CA) is neutral.