SILVERCORP METALS INC (SVM)

CA82835P1036 - Common Stock

3.56  -0.49 (-12.1%)

Premarket: 3.45 -0.11 (-3.09%)

Technical Rating and Analysis

2

Taking everything into account, SVM scores 2 out of 10 in our technical rating. SVM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month SVM has a been trading in the 3.21 - 5.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SVM has an average volume of 3789470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, SVM did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SVM is an average performer in the Metals & Mining industry, it outperforms 68% of 157 stocks in the same industry.
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.
Weekly and Daily overview Charts
SVM Weekly chart
SVM Daily chart
Setup Rating and Analysis

1

The technical rating of SVM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

3.12

3.60

2 important support areas can be observed.

  • Support @3.41 from a trend line in the daily time frame.
  • A support zone ranging from 3.15 to 3.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

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
CRS77.3
Mansfield-0.65
10 Day High4.64
10 Day Low3.21
20 Day High5.03
20 Day Low3.21
52 Week High5.32
52 Week Low2.22
Performance
1 Week-8.48%
2 Weeks-19.82%
1 Month-25.52%
3 Month-7.77%
6 Month-13.17%
12 Month46.5%
2 Year27.14%
3 Year-11.88%
5 Year-30.47%
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)-0.08
RSI(14)30.95
LBB3.52
UBB4.78
SVM Daily chart

SILVERCORP METALS INC

NYSEARCA:SVM (11/20/2024, 8:04:00 PM)

Premarket: 3.45 -0.11 (-3.09%)

3.56

-0.49 (-12.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-12.1%
1 Week-8.48%
2 Weeks-19.82%
1 Month-25.52%
3 Month-7.77%
6 Month-13.17%
12 Month46.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%7.37%
ATR Inc
Range Today0.38
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 High4.64
10 Day Low3.21
20 Day High5.03
20 Day Low3.21
52 Week High5.32
52 Week Low2.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.68M
Volume Incr81.94%
Vol(5)6.25M
Vol(50)3.79M