SPROTT SLVR MINER & PHY SLVR (SLVR) Technical Analysis
NASDAQ:SLVR • US85208P8730
Current stock price
60.78 USD
-1.92 (-3.06%)
At close:
60.75 USD
-0.03 (-0.05%)
After Hours:
SLVR Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SLVR. SLVR 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that SLVR is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, SLVR also shows a nice and consistent pattern of rising prices.
- SLVR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLVR is lagging the market.
- In the last month SLVR has a been trading in the 52.74 - 67.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SLVR Weekly and Daily overview Charts
SLVR Setup Rating and Analysis
Although SLVR 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.
More info and screens
SLVR Support and Resistance Analysis
52.74
81.88
We found 2 important support areas.
- A support zone ranging from 60.27 to 60.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.27 to 53.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 61.86 to 62.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.73 to 65.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @81.07 from a horizontal line in the daily time frame.
SLVR 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 | UP | POSITIVE | The long term trend for SLVR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLVR is neutral. |
| ChartMill Relative Strength | 92.78 | POSITIVE | SLVR has a high relative strength, it outperformed 92.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLVR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.67 | NEUTRAL | The RSI value for SLVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests SLVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.28 | NEUTRAL | The Stochastics value for SLVR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for SLVR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for SLVR suggests a weak or negative trend. |
SLVR 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)
SLVR Technicals: Chart, Performance Metrics, Trend & Indicators
60.78
-1.92 (-3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.06%
1 Week-3.84%
2 Weeks1.15%
1 Month6.43%
3 Month-23%
6 Month41.15%
12 Month157.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.84
ATR(20)%5.26%
ATR Inc19.62%
Range Today3.11
ADR(20)2.75
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.78
3 months CRS14.23
6 months CRS92.83
Mansfield2.26
10 Day High67.61
10 Day Low58.8
20 Day High67.61
20 Day Low52.74
52 Week High85.9
52 Week Low22.28
CS1 End60.77
CR1 Start61.86
Volume & EV
DER(3)-2.82%
DER(5)-0.6%
Volume178.40K
Volume Incr-25.33%
Vol(5)203.92K
Vol(50)361.16K
SPROTT SLVR MINER & PHY SLVR / SLVR TA FAQ
Can you provide the ChartMill technical rating for SPROTT SLVR MINER & PHY SLVR?
ChartMill assigns a technical rating of 7 / 10 to SLVR.
What is the trend direction for SLVR stock?
The current trend direction for SPROTT SLVR MINER & PHY SLVR (SLVR) is Bullish.
What is the RSI signal for SLVR stock?
SPROTT SLVR MINER & PHY SLVR (SLVR) has an RSI value of 47.6723. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPROTT SLVR MINER & PHY SLVR?
The short term momentum for SPROTT SLVR MINER & PHY SLVR (SLVR) is neutral.