(SILVERM) Silver Mini complete technical analysis [charts+indicators] | Buy/Sell Silver Mini | (SILVERM) share price targets
Complete technical analysis of Silver Mini (SILVERM) by charts plus indicators, forecast predictions and share price targets for Silver Mini (SILVERM)
Silver Mini trades in COMMODITY in BULLION sector.
Showing technical analysis as on 2024-06-17 View latest technical analysis
10 day averaged volume of Silver Mini is 54808
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 88720.00 | 88507.00 | 89271.00 | 88225.00 | 0.406 times |
| 14 Fri Jun 2024 | 88958.00 | 88353.00 | 89100.00 | 87800.00 | 0.692 times |
| 13 Thu Jun 2024 | 87934.00 | 89700.00 | 89700.00 | 87366.00 | 1.151 times |
| 12 Wed Jun 2024 | 90374.00 | 88999.00 | 91075.00 | 88850.00 | 0.998 times |
| 11 Tue Jun 2024 | 88639.00 | 89078.00 | 89520.00 | 88130.00 | 0.708 times |
| 10 Mon Jun 2024 | 89929.00 | 89399.00 | 90149.00 | 88862.00 | 0.7 times |
| 07 Fri Jun 2024 | 89100.00 | 93611.00 | 94485.00 | 88808.00 | 1.662 times |
| 06 Thu Jun 2024 | 93672.00 | 90480.00 | 93750.00 | 90480.00 | 1.03 times |
| 05 Wed Jun 2024 | 90349.00 | 89799.00 | 90470.00 | 88888.00 | 0.724 times |
| 04 Tue Jun 2024 | 89585.00 | 92099.00 | 92680.00 | 89254.00 | 1.216 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89138.4, but if it comes above 89138.4, then a intra day buy could be more profitable.
If you take a sell trade below 89138.4, then use 89138.4 as stoploss and 86081.5 as target. However if you take a buy trade in stock , then use 89138.4 as stoploss and 91685.7 as target.
Share price targets for Silver Mini (SILVERM)
| Target Type | Value |
| Downside Target | 66521.00 |
| Downside Target | 71083.00 |
| Downside Target | 74970.00 |
| Downside Target | 76925.00 |
| Downside Target | 80320.00 |
| Downside Target | 85948.00 |
| Upside Target | 90899.00 |
| Upside Target | 91075.00 |
| Upside Target | 94485.00 |
| Upside Target | 95800.00 |
| Upside Target | 96380.00 |
Intraday share price targets for Silver Mini (SILVERM)
| Target Type | Value |
| Downside Intraday Target | 88206.33 |
| Downside Intraday Target | 87692.67 |
| Upside Intraday Target | 89252.33 |
| Upside Intraday Target | 89784.67 |
| Upside Intraday Target | 88738.67 |
Weekly technical analysis of Silver Mini (SILVERM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 88720.00 | 88507.00 | 89271.00 | 88225.00 | 0.095 times |
| 14 Fri Jun 2024 | 88958.00 | 89399.00 | 91075.00 | 87366.00 | 0.739 times |
| 07 Fri Jun 2024 | 89100.00 | 91340.00 | 94485.00 | 88808.00 | 1.019 times |
| 31 Fri May 2024 | 91537.00 | 91121.00 | 96380.00 | 90899.00 | 1.169 times |
| 23 Thu May 2024 | 90441.00 | 91355.00 | 95800.00 | 90255.00 | 1.304 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Silver Mini (SILVERM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 88720.00 | 91340.00 | 94485.00 | 87366.00 | 0.539 times |
| 31 Fri May 2024 | 91537.00 | 80809.00 | 96380.00 | 80320.00 | 1.448 times |
| 30 Tue Apr 2024 | 80709.00 | 75223.00 | 85948.00 | 74970.00 | 1.09 times |
| 28 Thu Mar 2024 | 75040.00 | 71400.00 | 76925.00 | 71083.00 | 1.206 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Silver Mini (SILVERM)
Price action analysis of Silver Mini ( (SILVERM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silver Mini ( (SILVERM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silver Mini ( (SILVERM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silver Mini ( (SILVERM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Silver Mini stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Silver Mini in short term but the sell signal is initial and weak.
Silver Mini Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Silver Mini in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Silver Mini is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 89760.36 and Silver Mini (SILVERM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Silver Mini (SILVERM) stock. Volume based technical analysis of Silver Mini (SILVERM) stock is negative.
Silver Mini Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Silver Mini ( (SILVERM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silver Mini ( (SILVERM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silver Mini ( (SILVERM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silver Mini ( (SILVERM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Silver Mini stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Silver Mini in short term but the sell signal is initial and weak.
Silver Mini Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Silver Mini in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Silver Mini is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 89760.36 and Silver Mini (SILVERM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Silver Mini (SILVERM) stock. Volume based technical analysis of Silver Mini (SILVERM) stock is negative.
Silver Mini Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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