SILVERCORP METALS INC (SVM.CA) Stock Technical Analysis
TSX:SVM - Toronto Stock Exchange - CA82835P1036 - Common Stock - Currency: CAD
Overall SVM gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SVM is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SVM has a been trading in the 4.92 - 6.27 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that SVM is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SVM is part of the Metals & Mining industry. There are 808 other stocks in this industry, SVM did better than 57% of them.
SVM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SVM is lagging the market slightly.
Besides having an excellent technical rating, SVM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.30
6.20
When analyzing the support we can see 5 important areas.
- Support @5.77 from a horizontal line in the daily time frame.
- A support zone ranging from 5.25 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.88 to 4.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.57 from a horizontal line in the daily time frame.
- Support @4.34 from a horizontal line in the weekly 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 SVM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SVM.CA is up. |
| ChartMill Relative Strength | 75.33 | POSITIVE | SVM.CA has a high relative strength, it outperformed 75.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SVM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.46 | NEUTRAL | The RSI value for SVM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SVM.CA has a positive trend. |
| Stochastics (14,3) | 74.57 | NEUTRAL | The Stochastics value for SVM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SVM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for SVM.CA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.28 | 5.76 | 0.52 (8.28%) | 12.08% |
| An entry @6.28. This is a Buy Stop order right above the 10 day high. | An exit @5.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.52 points, which is 8.28%. | For a 1.00% total portfolio risk, you can invest 12.08% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:SVM (6/17/2025, 7:00:00 PM)
6.14
+0.18 (+3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.02%
1 Week5.14%
2 Weeks7.34%
1 Month17.85%
3 Month6.41%
6 Month41.8%
12 Month28.18%
2 Year62.86%
3 Year92.48%
5 Year-15.43%
10 Year361.65%
15 Year-12.29%
Volatility
ATR(14)0.25
ATR(20)%4.38%
ATR Inc-7.67%
Range Today0.19
ADR(20)0.25
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.33
Mansfield1.33
10 Day High6.27
10 Day Low5.63
20 Day High6.27
20 Day Low4.92
52 Week High7.34
52 Week Low4.14
CS1 End5.77
CR1 StartN/A
Volume & EV
DER(3)2.23%
DER(5)0.43%
Volume722.98K
Volume Incr-19.38%
Vol(5)593.43K
Vol(50)636.23K