SilverCrest Metals Inc (SIL.CA) Technical Analysis
TSX:SIL • CA8283631015
Current stock price
SIL.CA Technical Rating and Analysis
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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, SIL did better than 92% of all other stocks.
- SIL is part of the Metals & Mining industry. There are 822 other stocks in this industry. SIL outperforms 80% of them.
- SIL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SIL is performing more or less in line with the market.
- In the last month SIL has a been trading in the 13.72 - 17.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SIL.CA Weekly and Daily overview Charts
SIL.CA Setup Rating and Analysis
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
SIL.CA Support and Resistance Analysis
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.
SIL.CA Technical Indicator Signal Analysis
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. |
SIL.CA Chart- and CandleStick Pattern Analysis
SIL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SIL (2/18/2025, 7:00:00 PM)
14.63
-0.38 (-2.53%)
SilverCrest Metals Inc / SIL.CA TA FAQ
What is the technical rating for SIL stock?
ChartMill assigns a technical rating of 8 / 10 to SIL.CA.
Can you provide the trend direction for SilverCrest Metals Inc?
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.
Can you provide the support and resistance levels for SilverCrest Metals Inc?
SilverCrest Metals Inc (SIL.CA) has a support level at 14.07 and a resistance level at 14.66. Check the full technical report for our detailed analysis of SIL.CA support and resistance levels.