SILVERCORP METALS INC (SVM) Stock Technical Analysis
NYSEARCA:SVM - NYSE Arca - CA82835P1036 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to SVM. 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.
When comparing the yearly performance of all stocks, we notice that SVM is one of the better performing stocks in the market, outperforming 93% of all stocks.
SVM is one of the better performing stocks in the Metals & Mining industry, it outperforms 79% of 151 stocks in the same industry.
In the last month SVM has a been trading in the 3.18 - 3.99 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 5067760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SVM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
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 offer a high quality setup 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
2.88
3.91
We found 4 important support areas.
- A support zone ranging from 3.58 to 3.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.47 to 3.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.10 to 3.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.87 to 3.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.84
Mansfield0.32
10 Day High3.99
10 Day Low3.41
20 Day High3.99
20 Day Low3.18
52 Week High5.32
52 Week Low2.7
Performance
1 Week9.35%
2 Weeks6.63%
1 Month16.27%
3 Month22.93%
6 Month13.86%
12 Month41.91%
2 Year1.05%
3 Year6.63%
5 Year18.04%
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)66.24
LBB3.44
UBB3.91
3.86
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week9.35%
2 Weeks6.63%
1 Month16.27%
3 Month22.93%
6 Month13.86%
12 Month41.91%
2 Year1.05%
3 Year6.63%
5 Year18.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%4.79%
ATR Inc2.54%
Range Today0.24
ADR(20)0.18
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.84
Mansfield0.32
10 Day High3.99
10 Day Low3.41
20 Day High3.99
20 Day Low3.18
52 Week High5.32
52 Week Low2.7
CS1 End3.59
CR1 Start3.87
Volume & EV
DER(3)5.87%
DER(5)6.71%
Volume6.46M
Volume Incr9.79%
Vol(5)7.00M
Vol(50)5.07M