SIL Stock Global X Silver Miners ETF (SIL, $35.97) price exceeded its 50-day Moving Average on November 11, 2024

GET DAILY SIGNALS

Get AI intraday signals

SIL - Global X Silver Miners ETF

Moving Avg. signal

View

Odds of DOWN Trend

Price: $35.97

Daily change: -$1.65 (-4.39%)

Daily volume: 1.7M

Net Assets: $1.3B

SIL's RSI Indicator peaks and leaves overbought zone

The 10-day RSI Indicator for SIL moved out of overbought territory on October 30, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 instances where the indicator moved out of the overbought zone. In of the 32 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 01, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SIL as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for SIL turned negative on October 31, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

SIL moved below its 50-day moving average on November 11, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SIL crossed bearishly below the 50-day moving average on November 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 .

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 .

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where SIL'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SIL advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 203 cases where SIL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .