Bullish Trend Analysis
The Indicator points to a transition from a downward trend to an upward trend -- in cases where SILV's Indicator exited the oversold zone, 14 of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 82%.
The Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence ( ) for SILV just turned positive on October 09, 2020. Looking at past instances where SILV's turned positive, the stock continued to rise, Tickeron A.I. shows that in 40 of 47 cases over the following month. The odds of a continued upward trend are 85%.
The 10-day Moving Average for SILV crossed bullishly above the 50-day moving average on October 19, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 13 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 81%.
Following a +6.18% 3-day Advance, the price is estimated to grow further. Considering data from situations where SILV advanced for three days, in 231 of 271 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.
The Indicator entered an Uptrend today. Tickeron A.I. detected that in 259 of 286 cases where SILV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.