8.34 USD
0 (0%)
8.3799 USD
+0.04 (+0.48%)
We assign a technical rating of 10 out of 10 to SVM. Both in the recent history as in the last year, SVM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SVM is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, SVM also shows a nice and consistent pattern of rising prices.
SVM is part of the Metals & Mining industry. There are 156 other stocks in this industry. SVM outperforms 74% of them.
SVM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SVM is lagging the market slightly.
SVM has an average volume of 5422640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SVM has a been trading in the 7.69 - 9.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SVM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
6.07
8.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.27 to 8.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.06 from a trend line in the daily time frame.
- Support @6.82 from a trend line in the weekly time frame.
- Support @6.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.38 to 8.41. This zone is formed by a combination of multiple trend lines and important moving averages 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 SVM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SVM is neutral. |
| ChartMill Relative Strength | 97.55 | POSITIVE | SVM has a high relative strength, it outperformed 97.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SVM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SVM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.82 | NEUTRAL | The RSI value for SVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SVM has a negative trend. |
| Stochastics (14,3) | 37.2 | NEUTRAL | The Stochastics value for SVM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.72 | HIGH VOLATILITY | The high ATR as a percentage value for SVM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.68 | POSITIVE | The high ADX value value for SVM suggests a strong 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)
8.34
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-2.91%
2 Weeks-4.03%
1 Month5.04%
3 Month19.14%
6 Month79.74%
12 Month171.66%
2 Year251.9%
3 Year141.04%
5 Year29.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%5.72%
ATR Inc4.3%
Range Today0.73
ADR(20)0.44
ADR(20)%5.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.55
3 months CRS92.04
6 months CRS95.39
Mansfield5.51
10 Day High9.17
10 Day Low7.95
20 Day High9.17
20 Day Low7.69
52 Week High9.17
52 Week Low2.92
CS1 End8.33
CR1 Start8.38
Volume & EV
DER(3)-0.26%
DER(5)-1.73%
Volume5.04M
Volume Incr-5.56%
Vol(5)5.58M
Vol(50)5.42M
SILVERCORP METALS INC / SVM FAQ
What is the technical rating for SVM stock?
ChartMill assigns a technical rating of 10 / 10 to SVM.
What is the current trend direction of SILVERCORP METALS INC (SVM) stock?
The current trend direction for SILVERCORP METALS INC (SVM) is Bullish.
What is the RSI signal for SVM stock?
SILVERCORP METALS INC (SVM) has an RSI value of 53.8219. This indicates that the stock is currently neutral.
What is the MACD signal for SILVERCORP METALS INC (SVM) stock?
The MACD indicator for SILVERCORP METALS INC (SVM) has a value of -0.0892821, indicating a bearish trend.