GLOBAL X SILVER MINERS ETF (SIL) Technical Analysis
NYSEARCA:SIL • US37954Y8488
Current stock price
92.65 USD
-0.61 (-0.65%)
At close:
92.1 USD
-0.55 (-0.59%)
After Hours:
SIL Technical Rating and Analysis
Overall SIL gets a technical rating of 6 out of 10. SIL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Looking at the yearly performance, SIL did better than 94% of all other stocks. On top of that, SIL also shows a nice and consistent pattern of rising prices.
- SIL has an average volume of 3937590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- SIL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SIL is lagging the market slightly.
- In the last month SIL has a been trading in the 77.58 - 107.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SIL Weekly and Daily overview Charts
SIL Setup Rating and Analysis
SIL 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
SIL Support and Resistance Analysis
78.40
94.19
We found 2 important support areas.
- Support @80.98 from a trend line in the daily time frame.
- A support zone ranging from 79.19 to 79.19. 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 92.66 to 93.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
SIL 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 | NEUTRAL | NEUTRAL | The long term trend for SIL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIL is neutral. |
| ChartMill Relative Strength | 94.88 | POSITIVE | SIL has a high relative strength, it outperformed 94.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SIL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SIL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.76 | NEUTRAL | The RSI value for SIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests SIL has a positive trend. |
| Stochastics (14,3) | 66.34 | NEUTRAL | The Stochastics value for SIL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for SIL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.9 | POSITIVE | The high ADX value value for SIL suggests a strong trend. |
SIL 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)
SIL Technicals: Chart, Performance Metrics, Trend & Indicators
92.65
-0.61 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week14.16%
2 Weeks11.83%
1 Month-9.51%
3 Month11.61%
6 Month30.58%
12 Month166.77%
2 Year202.98%
3 Year210.07%
5 Year122.29%
10 Year152.59%
15 Year8.71%
Volatility
ATR(14)5.3
ATR(20)%5.76%
ATR Inc13.14%
Range Today6.55
ADR(20)4.51
ADR(20)%4.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.88
3 months CRS85.91
6 months CRS91.47
Mansfield3.45
10 Day High95.32
10 Day Low77.58
20 Day High107.17
20 Day Low77.58
52 Week High119.24
52 Week Low33.11
CS1 End80.98
CR1 Start92.66
Volume & EV
DER(3)2.61%
DER(5)1.61%
Volume1.68M
Volume Incr-11.13%
Vol(5)2.63M
Vol(50)3.94M
GLOBAL X SILVER MINERS ETF / SIL TA FAQ
What is the technical rating for SIL stock?
ChartMill assigns a technical rating of 6 / 10 to SIL.
What is the current trend direction of GLOBAL X SILVER MINERS ETF (SIL) stock?
The current trend direction for GLOBAL X SILVER MINERS ETF (SIL) is Bearish.
Can you provide the RSI signal for GLOBAL X SILVER MINERS ETF?
GLOBAL X SILVER MINERS ETF (SIL) has an RSI value of 49.7563. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBAL X SILVER MINERS ETF (SIL) stock?
The short term momentum for GLOBAL X SILVER MINERS ETF (SIL) is neutral.