BETAPRO SILVER -2X DAILY BEA (SLVD.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SLVD - CA08662X5055 - ETF
We assign a technical rating of 0 out of 10 to SLVD. SLVD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SLVD is a bad performer in the overall market: 100% of all stocks are doing better.
- SLVD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SLVD has a been trading in the 2.51 - 9.12 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of SLVD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.71
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.97 to 2.99. 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 | DOWN | NEGATIVE | The long term trend for SLVD.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLVD.CA is down. |
| ChartMill Relative Strength | 0.09 | NEGATIVE | SLVD.CA has a low relative strength, it was outperformed by 99.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLVD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLVD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLVD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.65 | OVERSOLD | The low RSI value suggests SLVD.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SLVD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 3.62 | OVERSOLD | The low Stochastics value suggests SLVD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 26.06 | HIGH VOLATILITY | The high ATR as a percentage value for SLVD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 53.48 | POSITIVE | The high ADX value value for SLVD.CA suggests a strong trend. |
TSX:SLVD (1/27/2026, 7:00:00 PM)
2.74
-0.85 (-23.68%)
BETAPRO SILVER -2X DAILY BEA / SLVD.CA FAQ
Can you provide the ChartMill technical rating for BETAPRO SILVER -2X DAILY BEA?
ChartMill assigns a technical rating of 0 / 10 to SLVD.CA.
What is the trend direction for SLVD stock?
The current trend direction for BETAPRO SILVER -2X DAILY BEA (SLVD.CA) is Bearish.
What is the RSI signal for BETAPRO SILVER -2X DAILY BEA (SLVD.CA) stock?
BETAPRO SILVER -2X DAILY BEA (SLVD.CA) has an RSI value of 19.6492. This indicates that the stock is currently oversold.
What is the buy/sell signal for BETAPRO SILVER -2X DAILY BEA (SLVD.CA) stock?
The buy/sell signal for BETAPRO SILVER -2X DAILY BEA (SLVD.CA) is sell as both the short term and long term trends are negative.