SILVERCORP METALS INC (SVM)
CA82835P1036 - Common Stock
We assign a technical rating of 8 out of 10 to SVM. SVM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, we notice that SVM is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by SVM over the past year are nicely spread over this period.
SVM is one of the better performing stocks in the Metals & Mining industry, it outperforms 83% of 157 stocks in the same industry.
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.
In the last month SVM has a been trading in the 3.29 - 4.14 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SVM has an average volume of 1815300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SVM 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
3.12
4.16
We found 3 important support areas.
- A support zone ranging from 3.56 to 3.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.31 to 3.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.12 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.31
Mansfield2.15
10 Day High4.14
10 Day Low3.29
20 Day High4.14
20 Day Low3.29
52 Week High4.39
52 Week Low2.08
Performance
1 Week21.24%
2 Weeks3.79%
1 Month20.53%
3 Month18.1%
6 Month45.23%
12 Month55.09%
2 Year76.39%
3 Year7.87%
5 Year5.66%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)66.08
LBB3.16
UBB4.13
SILVERCORP METALS INC
NYSEARCA:SVM (9/13/2024, 8:04:00 PM)
After market: 4.13 +0.02 (+0.49%)4.11
+0.38 (+10.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg10.19%
1 Week21.24%
2 Weeks3.79%
1 Month20.53%
3 Month18.1%
6 Month45.23%
12 Month55.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%4.29%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.14
10 Day Low3.29
20 Day High4.14
20 Day Low3.29
52 Week High4.39
52 Week Low2.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.86M
Volume Incr42.15%
Vol(5)2.89M
Vol(50)1.82M