WT SILVER (SLVR.MI) Stock Technical Analysis
BIT:SLVR - Euronext Milan - GB00B15KY328 - ETF - Currency: EUR
Taking everything into account, SLVR scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, SLVR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: SLVR has an average volume of 5226 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
SLVR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SLVR is leading the market.
SLVR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, SLVR did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SLVR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
20.90
27.49
We found 4 important support areas.
- A support zone ranging from 25.13 to 25.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.94 to 24.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.77 to 22.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.42 to 26.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.21 to 27.22. 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 SLVR.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLVR.MI is up. |
| ChartMill Relative Strength | 89.82 | POSITIVE | SLVR.MI has a high relative strength, it outperformed 89.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLVR.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SLVR.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLVR.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.8 | NEUTRAL | The RSI value for SLVR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SLVR.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.54 | NEUTRAL | The Stochastics value for SLVR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for SLVR.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.3 | NEGATIVE | The low ADX value for SLVR.MI suggests a weak or negative 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)
BIT:SLVR (6/23/2025, 7:00:00 PM)
26.25
+0.23 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.9%
1 Week0.19%
2 Weeks7.65%
1 Month8.2%
3 Month11.47%
6 Month5.97%
12 Month45.24%
2 Year54.89%
3 Year41.1%
5 Year76.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.54%
ATR Inc12.77%
Range Today0.26
ADR(20)0.39
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.82
Mansfield0.35
10 Day High27.12
10 Day Low25.85
20 Day High27.12
20 Day Low22.57
52 Week High27.39
52 Week Low16.36
CS1 End25.32
CR1 Start26.42
Volume & EV
DER(3)0%
DER(5)0%
Volume2.74K
Volume Incr-12.56%
Vol(5)5.48K
Vol(50)5.23K