Question 1

What implications does the 10-day RSI indicator have for SILV?

Accepted Answer

The RSI Oscillator for SILV moved out of oversold territory on August 09, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In 23 of the 26 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about SILV's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 51 of 59 cases where SILV's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did SILV's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on SILV as a result. In 73 of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for SILV?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SILV just turned positive on August 19, 2024. Looking at past instances where SILV's MACD turned positive, the stock continued to rise in 38 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for SILV?

Accepted Answer

SILV moved above its 50-day moving average on August 19, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for SILV?

Accepted Answer

The 10-day moving average for SILV crossed bearishly below the 50-day moving average on August 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day price advance indicate for SILV?

Accepted Answer

Following a +7.33% 3-day Advance, the price is estimated to grow further. Considering data from situations where SILV advanced for three days, in 229 of 289 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for SILV's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SILV declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 79%.

Question 9

What does SILV breaking above its upper Bollinger Band indicate?

Accepted Answer

SILV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 10

How does the Aroon Indicator reflect on SILV's trend?

Accepted Answer

The Aroon Indicator for SILV entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

SILV Stock SilverCrest Metals (SILV, $8.13) price may climb as it broke lower Bollinger Band on Jun 04, 2024

SILV's RSI Oscillator ascending out of oversold territory

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