SILV, Stochastic Oscillator left the oversold zone on Oct. 26
This is a signal that SILV's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. Tickeron A.I.dvisor identified 63 similar cases where SILV's stochastic oscillator exited the oversold zone, and 57 of them led to successful outcomes. Odds of Success: 90%. Current price $9.36 crossed the resistance line at $9.09 and is trading between $9.58 support and $9.09 resistance lines. Throughout the month of 09/24/20 - 10/26/20, the price experienced a +8% Uptrend, while the week of 10/19/20 - 10/26/20 shows a -2% Downtrend.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SILV's RSI 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 Stochastic Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for SILV just turned positive on October 09, 2020. Looking at past instances where SILV's MACD 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 Aroon 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%.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SILV's RSI 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 Stochastic Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for SILV just turned positive on October 09, 2020. Looking at past instances where SILV's MACD 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 Aroon 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%.