BETAPRO SILVER 2X DAILY BULL (SLVU.CA) Stock Technical Analysis
TSX:SLVU - CA08662T2074 - ETF
40.56 CAD
+2.18 (+5.68%)
We assign a technical rating of 7 out of 10 to SLVU. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SLVU is a bad performer.
When comparing the yearly performance of all stocks, SLVU is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SLVU has a been trading in the 33.97 - 40.56 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SLVU has an excellent technical rating, it does not present a decent entry opportunity 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
33.39
40.97
3 important support areas can be observed.
- A support zone ranging from 35.50 to 37.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.69 from a horizontal line in the daily time frame.
- Support @33.73 from a horizontal line in the daily time frame.
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 SLVU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLVU.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SLVU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLVU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLVU.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.99 | NEUTRAL | The RSI value for SLVU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests SLVU.CA has a positive trend. |
| Stochastics (14,3) | 90.67 | OVERBOUGHT | The high Stochastics value suggests SLVU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for SLVU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for SLVU.CA 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)
TSX:SLVU (8/29/2025, 7:00:00 PM)
40.56
+2.18 (+5.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.68%
1 Week7.34%
2 Weeks12.14%
1 Month19.65%
3 Month43.27%
6 Month47.49%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%2.8%
ATR Inc74.82%
Range Today2.47
ADR(20)0.84
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High40.56
10 Day Low34.68
20 Day High40.56
20 Day Low33.97
52 Week HighN/A
52 Week LowN/A
CS1 End37.15
CR1 StartN/A
Volume & EV
DER(3)4.83%
DER(5)3.79%
Volume81.94K
Volume Incr-24.86%
Vol(5)47.36K
Vol(50)68.81K