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GLOBAL X SILVER MINERS ETF (SIL) Stock Technical Analysis

NYSEARCA:SIL - NYSE Arca - US37954Y8488 - ETF - Currency: USD

50.05  -0.39 (-0.77%)

After market: 50 -0.05 (-0.1%)

Technical Rating and Analysis

10

Taking everything into account, SIL 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, SIL is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SIL is one of the better performing stocks in the market, outperforming 88% of all stocks.
SIL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SIL has an average volume of 1594590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SIL has a been trading in the 46.57 - 51.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GLOBAL X SILVER MINERS ETF / SIL Weekly stock chart
GLOBAL X SILVER MINERS ETF / SIL Daily stock chart
Setup Rating and Analysis

8

SIL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 50.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.91, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

36.53

51.85

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 48.74 to 49.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 46.32 to 46.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 36.90 to 37.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 50.84 to 51.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SIL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SIL is up.
ChartMill Relative Strength88.83POSITIVESIL has a high relative strength, it outperformed 88.83% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SIL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SIL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SIL is above the rising SMA(200).
Relative Strength Index/RSI (14)55.95NEUTRALThe RSI value for SIL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests SIL has a negative trend.
Stochastics (14,3)72.37NEUTRALThe Stochastics value for SIL is a neutral value.
Average True Range in percent/ATR (20)2.95MEDIUM VOLATILITYThe ATR as a percentage value for SIL suggests some volalility.
Average Directional Index/ADX (14)28.53POSITIVEThe high ADX value value for SIL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
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
51.3548.732.62 (5.10%)19.60%
An entry @51.35. This is a Buy Stop order right above the resistance zone.An exit @48.73. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.62 points, which is 5.10%.For a 1.00% total portfolio risk, you can invest 19.60% of your capital in this trade.

  • 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.
GLOBAL X SILVER MINERS ETF / SIL Daily stock chart

GLOBAL X SILVER MINERS ETF

NYSEARCA:SIL (7/25/2025, 8:25:21 PM)

After market: 50 -0.05 (-0.1%)

50.05

-0.39 (-0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.77%
1 Week3.86%
2 Weeks-1.55%
1 Month3.17%
3 Month24.16%
6 Month48.12%
12 Month50.57%
2 Year80.3%
3 Year89.73%
5 Year3.54%
10 Year149.01%
15 Year14.98%
Volatility
ATR(14)1.53
ATR(20)%2.95%
ATR Inc-18.82%
Range Today1.19
ADR(20)1.32
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.83
Mansfield1.93
10 Day High51.74
10 Day Low48.04
20 Day High51.74
20 Day Low46.57
52 Week High51.74
52 Week Low28.02
CS1 End49.91
CR1 Start50.84
Volume & EV
DER(3)-1.58%
DER(5)1.94%
Volume903.80K
Volume Incr-21.74%
Vol(5)1.17M
Vol(50)1.59M