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ISHARES SILVER BULLION ETF (SVR.CA) Stock Technical Analysis

TSX:SVR - Toronto Stock Exchange - CA46434E1088 - ETF - Currency: CAD

15.63  +0.11 (+0.71%)

Technical Rating and Analysis

8

Taking everything into account, SVR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SVR is only an average performer.

Warning: SVR has an average volume of 9407 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
SVR 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 SVR is lagging the market slightly.
In the last month SVR has a been trading in the 14.28 - 15.65 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SVR did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ISHARES SILVER BULLION ETF / SVR Weekly stock chart
ISHARES SILVER BULLION ETF / SVR Daily stock chart
Setup Rating and Analysis

8

SVR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for SVR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

13.37

17.05

We found 4 important support areas.

  • A support zone ranging from 14.69 to 15.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.25 to 14.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 13.82 to 13.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @13.50 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @16.88 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.73
Mansfield0.04
10 Day High15.65
10 Day Low15
20 Day High15.65
20 Day Low14.28
52 Week High16.88
52 Week Low10.85
Performance
1 Week0.58%
2 Weeks3.65%
1 Month6.62%
3 Month7.42%
6 Month12.28%
12 Month37.83%
2 Year50.43%
3 Year26.66%
5 Year77.82%
10 Year63.32%
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)0.05
RSI(14)64.65
LBB14.45
UBB15.95
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
15.6614.990.67 (4.28%)23.37%
An entry @15.66. This is a Buy Stop order right above the 10 day high.An exit @14.99. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.67 points, which is 4.28%.For a 1.00% total portfolio risk, you can invest 23.37% 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.
ISHARES SILVER BULLION ETF / SVR Daily stock chart

ISHARES SILVER BULLION ETF

TSX:SVR (2/13/2025, 7:00:00 PM)

15.63

+0.11 (+0.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.71%
1 Week0.58%
2 Weeks3.65%
1 Month6.62%
3 Month7.42%
6 Month12.28%
12 Month37.83%
2 Year50.43%
3 Year26.66%
5 Year77.82%
10 Year63.32%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.66%
ATR Inc-13.22%
Range Today0.22
ADR(20)0.18
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.73
Mansfield0.04
10 Day High15.65
10 Day Low15
20 Day High15.65
20 Day Low14.28
52 Week High16.88
52 Week Low10.85
CS1 End15.04
CR1 Start16.88
Volume & EV
DER(3)2.81%
DER(5)4.54%
Volume14.79K
Volume Incr50.62%
Vol(5)14.96K
Vol(50)9.41K