Stock Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
ETFMG Prime 2X Daily Junior Silver Miners ETF (PACF:SILX)
Countertrend Down (-85) - SILX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SILX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SILX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SILX
The long-term trend has been DOWN since May 9th, 2022 at 3.80
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 5.45
The short-term trend has been UP since May 19th, 2022 at 3.54
Smart Scan Analysis for SILX
Based on our trend formula, SILX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.18||52wk High Date||2021-06-16|
|52wk Low||2.86||52wk Low Date||2022-05-12|