ABRDN PHYSICAL SILVER SHARES (SIVR) Stock Technical Analysis
NYSEARCA:SIVR - NYSE Arca - US0032641088 - ETF - Currency: USD
Overall SIVR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SIVR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SIVR did better than 86% of all other stocks. On top of that, SIVR also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by SIVR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SIVR has a been trading in the 33.63 - 37.46 range, which is quite wide. It is currently trading near the high of this range.
SIVR has an average volume of 1004030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SIVR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.51
37.82
We found 4 important support areas.
- A support zone ranging from 33.88 to 34.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.07 from a trend line in the weekly time frame.
- A support zone ranging from 28.81 to 29.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 27.79 to 28.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.45 to 37.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SIVR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIVR is up. |
| ChartMill Relative Strength | 86.11 | POSITIVE | SIVR has a high relative strength, it outperformed 86.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIVR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.97 | OVERBOUGHT | The high RSI value suggests SIVR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SIVR has a positive trend. |
| Stochastics (14,3) | 89.64 | OVERBOUGHT | The high Stochastics value suggests SIVR may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for SIVR suggests low volalility. |
| Average Directional Index/ADX (14) | 32.56 | POSITIVE | The high ADX value value for SIVR suggests a strong trend. |
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)
37.44
+0.37 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week4.12%
2 Weeks7.19%
1 Month8.3%
3 Month18.86%
6 Month28.13%
12 Month40.33%
2 Year57.84%
3 Year92.1%
5 Year59.05%
10 Year158.92%
15 Year108.93%
Volatility
ATR(14)0.6
ATR(20)%1.57%
ATR Inc33.63%
Range Today0.55
ADR(20)0.47
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.11
Mansfield1.26
10 Day High37.46
10 Day Low34.58
20 Day High37.46
20 Day Low33.63
52 Week High37.46
52 Week Low25.41
CS1 End34.61
CR1 Start37.45
Volume & EV
DER(3)4.47%
DER(5)5.5%
Volume1.08M
Volume Incr-1.7%
Vol(5)1.18M
Vol(50)1.00M