SILVERCORP METALS INC (SVM.CA) Stock Technical Analysis
TSX:SVM - Toronto Stock Exchange - CA82835P1036 - Common Stock - Currency: CAD
Taking everything into account, SVM scores 7 out of 10 in our technical rating. In the past year, SVM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SVM is one of the better performing stocks in the Metals & Mining industry, it outperforms 71% of 818 stocks in the same industry.
In the last month SVM has a been trading in the 4.22 - 5.45 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 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SVM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SVM is lagging the market.
Volume is considerably higher in the last couple of days.
Although SVM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.13
5.34
4 important support areas can be observed.
- A support zone ranging from 4.75 to 4.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.52 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.34 to 4.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.17 from a horizontal line in the weekly time frame.
- Resistance @5.29 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.21
Mansfield-0.4
10 Day High5.45
10 Day Low4.55
20 Day High5.45
20 Day Low4.22
52 Week High7.34
52 Week Low3.2
Performance
1 Week1.59%
2 Weeks8.25%
1 Month18.52%
3 Month6.89%
6 Month-1.92%
12 Month55.62%
2 Year21.9%
3 Year8.94%
5 Year19.91%
10 Year208.43%
15 Year-25.47%
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)0.06
RSI(14)61.38
LBB4.4
UBB5.4
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 |
|---|---|---|---|
| 5.18 | 4.74 | 0.44 (8.49%) | 11.77% |
| An entry @5.18. This is a Buy Stop order right above the resistance zone. | An exit @4.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 8.49%. | For a 1.00% total portfolio risk, you can invest 11.77% 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 (2/21/2025, 7:00:00 PM)
5.12
-0.16 (-3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.03%
1 Week1.59%
2 Weeks8.25%
1 Month18.52%
3 Month6.89%
6 Month-1.92%
12 Month55.62%
2 Year21.9%
3 Year8.94%
5 Year19.91%
10 Year208.43%
15 Year-25.47%
Volatility
ATR(14)0.23
ATR(20)%4.28%
ATR Inc-27.08%
Range Today0.17
ADR(20)0.2
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.21
Mansfield-0.4
10 Day High5.45
10 Day Low4.55
20 Day High5.45
20 Day Low4.22
52 Week High7.34
52 Week Low3.2
CS1 End4.81
CR1 Start5.17
Volume & EV
DER(3)-6.92%
DER(5)-4.73%
Volume585.74K
Volume Incr77.31%
Vol(5)802.02K
Vol(50)467.49K