SIL Global X Silver Miners ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Silver Miners Total Return Index... Show more
SIL in upward trend: price rose above 50-day moving average on May 19, 2025
SIL moved above its 50-day moving average on May 19, 2025 date and that indicates a change from a downward trend to an upward trend. In of 44 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 21, 2025. You may want to consider a long position or call options on SIL as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SIL just turned positive on May 21, 2025. Looking at past instances where SIL's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SIL advanced for three days, in of 285 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 190 cases where SIL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SIL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SIL broke above its upper Bollinger Band on June 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category PreciousMetals
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FBCIX | 75.27 | 0.22 | +0.29% |
| American Funds Capital Income Bldr 529F2 | |||
| AGGNX | 19.58 | N/A | N/A |
| American Century Global Gold I | |||
| HULEX | 32.63 | N/A | N/A |
| Huber Select Large Cap Value Instl | |||
| CCALX | 74.34 | N/A | N/A |
| Conestoga Small Cap Institutional | |||
| IGIVX | 102.91 | -0.18 | -0.17% |
| Integrity Growth & Income Fund I | |||
SIL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SIL has been closely correlated with GDXJ. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if SIL jumps, then GDXJ could also see price increases.
| Ticker / NAME | Correlation To SIL | 1D Price Change % | ||
|---|---|---|---|---|
| SIL | 100% | +1.32% | ||
| GDXJ - SIL | 96% Closely correlated | +0.77% | ||
| SILJ - SIL | 96% Closely correlated | +1.76% | ||
| SLVP - SIL | 95% Closely correlated | +1.25% | ||
| GDX - SIL | 94% Closely correlated | +0.23% | ||
| GOAU - SIL | 91% Closely correlated | +0.82% | ||
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