SILJ Amplify Junior Silver Miners ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for SILJ turns positive, indicating new upward trend
SILJ saw its Momentum Indicator move above the 0 level on January 28, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned positive. In of the 86 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SILJ just turned positive on January 02, 2025. Looking at past instances where SILJ's MACD turned positive, the stock continued to rise in of 50 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 SILJ advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 61 cases where SILJ's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 50-day moving average for SILJ moved below the 200-day moving average on January 10, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SILJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SILJ entered a downward trend on January 10, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category PreciousMetals
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PSGRX | 71.76 | 0.99 | +1.40% |
| Putnam Small Cap Growth R | |||
| COIRX | 16.69 | 0.19 | +1.15% |
| Calvert International Opportunities R6 | |||
| CNGAX | 63.42 | 0.64 | +1.02% |
| American Funds New Economy 529A | |||
| STDFX | 42.79 | N/A | N/A |
| Allspring Large Cap Growth Admin | |||
| NABCX | 11.27 | N/A | N/A |
| Neuberger Berman Abs Ret Multi-Mgr C | |||
SILJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SILJ has been closely correlated with SIL. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if SILJ jumps, then SIL could also see price increases.
| Ticker / NAME | Correlation To SILJ | 1D Price Change % | ||
|---|---|---|---|---|
| SILJ | 100% | +5.25% | ||
| SIL - SILJ | 98% Closely correlated | +4.72% | ||
| GDXJ - SILJ | 97% Closely correlated | +3.86% | ||
| SLVP - SILJ | 95% Closely correlated | +5.99% | ||
| GDX - SILJ | 94% Closely correlated | +4.01% | ||
| GOAU - SILJ | 93% Closely correlated | +3.85% | ||
More | ||||