Taking everything into account, SILJ 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, SILJ is showing a nice and steady performance.
Although SILJ has an excellent technical rating, the quality of the presented setup is not ideal 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.
22.69
When analyzing the support we can see 3 important areas.
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 SILJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SILJ is up. |
| ChartMill Relative Strength | 97.08 | POSITIVE | SILJ has a high relative strength, it outperformed 97.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SILJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SILJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SILJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.72 | NEUTRAL | The RSI value for SILJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SILJ has a positive trend. |
| Stochastics (14,3) | 72.4 | NEUTRAL | The Stochastics value for SILJ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SILJ suggests some volalility. |
| Average Directional Index/ADX (14) | 29.69 | POSITIVE | The high ADX value value for SILJ suggests a strong trend. |
28.45
+0.99 (+3.61%)
ChartMill assigns a technical rating of 10 / 10 to SILJ.
The current trend direction for AMPLIFY JUNIOR SILVER MINERS (SILJ) is Bullish.
AMPLIFY JUNIOR SILVER MINERS (SILJ) has an RSI value of 69.7177. This indicates that the stock is currently neutral.
The buy/sell signal for AMPLIFY JUNIOR SILVER MINERS (SILJ) is buy as both the short term and long term trends are positive.
AMPLIFY JUNIOR SILVER MINERS (SILJ) has a support level at 27.98. Check the full technical report for our detailed analysis of SILJ support and resistance levels.