Title
by Americanbulls.com LLC
Last Update
06/29/2022
SVM
SILVERCORP METAL
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
2.6300
Change:
-0.0500
Percent change
-1.87%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 2.6800, and our valid average selling price stands now at 2.6600. The previous BUY signal was issued on 06/27/2022, 2 days ago, when the stock price was 2.7500. Since then SVM has fallen by -3.27%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
06/29/20222.6600SHORT 93.99
06/27/20222.7500BUY 97.56
06/23/20222.6400SHORT 102.21
06/16/20222.7300BUY 106.12
06/06/20222.9000SELL 106.33
05/13/20222.6950BUY 99.01
05/06/20222.9500SHORT 91.50
05/04/20223.1200BUY 97.16
04/25/20223.2700SHORT 93.27
04/08/20223.6600BUY 104.81
03/14/20223.9200SELL 105.02
02/15/20223.5450BUY 95.16
02/10/20223.3400SHORT 101.79
02/07/20223.3100BUY 101.28
01/21/20223.6500SELL 101.48
01/19/20223.5825BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
06/29/20222.6600SHORT 132.46
06/27/20222.7500BUY 137.49
06/23/20222.6400SHORT 144.04
06/16/20222.7300BUY 149.55
06/06/20222.9000SELL 149.85
05/13/20222.6950BUY 139.54
05/06/20222.9500SHORT 128.95
05/04/20223.1200BUY 136.93
04/25/20223.2700SHORT 131.45
04/08/20223.6600BUY 147.72
03/14/20223.9200SELL 148.02
02/15/20223.5450BUY 134.13
02/10/20223.3400SHORT 143.47
02/07/20223.3100BUY 142.75
01/21/20223.6500SELL 143.04
01/19/20223.5825BUY 140.68
12/29/20213.7250SELL 140.96
12/16/20213.6800BUY 139.54
12/10/20213.6000SHORT 143.28
12/07/20213.8000BUY 151.85
11/16/20214.5100SELL 152.15
11/05/20214.3300BUY 146.37
10/28/20214.3600SELL 146.66
10/06/20213.8400BUY 129.43
09/16/20214.1900SELL 129.69
09/13/20214.2800BUY 132.74
09/02/20214.3800SELL 133.01
08/23/20214.0700BUY 123.84
08/04/20214.8800SHORT 106.64
07/26/20214.8700BUY 106.85
07/07/20215.4300SHORT 97.25
07/02/20215.5500BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
06/29/20222.6600SHORT 166.60
06/27/20222.7500BUY 172.93
06/23/20222.6400SHORT 181.17
06/16/20222.7300BUY 188.10
06/06/20222.9000SELL 188.48
05/13/20222.6950BUY 175.51
05/06/20222.9500SHORT 162.19
05/04/20223.1200BUY 172.23
04/25/20223.2700SHORT 165.34
04/08/20223.6600BUY 185.80
03/14/20223.9200SELL 186.17
02/15/20223.5450BUY 168.70
02/10/20223.3400SHORT 180.45
02/07/20223.3100BUY 179.55
01/21/20223.6500SELL 179.91
01/19/20223.5825BUY 176.94
12/29/20213.7250SELL 177.29
12/16/20213.6800BUY 175.50
12/10/20213.6000SHORT 180.21
12/07/20213.8000BUY 190.98
11/16/20214.5100SELL 191.36
11/05/20214.3300BUY 184.09
10/28/20214.3600SELL 184.46
10/06/20213.8400BUY 162.79
09/16/20214.1900SELL 163.12
09/13/20214.2800BUY 166.96
09/02/20214.3800SELL 167.29
08/23/20214.0700BUY 155.76
08/04/20214.8800SHORT 134.12
07/26/20214.8700BUY 134.38
07/07/20215.4300SHORT 122.31
07/02/20215.5500BUY 125.51
06/03/20216.2200SHORT 113.76
05/17/20216.0000BUY 110.18
05/05/20215.6600SELL 110.40
05/03/20215.4700BUY 106.91
04/23/20215.4400SELL 107.12
04/21/20215.5400BUY 109.31
04/14/20215.2500SELL 109.53
04/01/20215.0200BUY 104.94
03/19/20215.2600SHORT 100.76
03/15/20215.4100BUY 104.05
02/25/20216.3600SELL 104.26
02/16/20216.1400BUY 100.86
02/09/20216.2400SELL 101.06
01/28/20216.0100BUY 97.53
01/25/20215.9300SHORT 99.26
01/20/20215.9500BUY 99.99
01/06/20216.8700SELL 100.19
12/24/20206.5300BUY 95.42
12/22/20206.3800SELL 95.61
12/08/20206.1400BUY 92.20
12/03/20206.0700SHORT 93.65
12/01/20206.1900BUY 95.88
11/20/20207.1700SHORT 84.69
11/13/20207.6000BUY 90.13
11/10/20207.6500SELL 90.31
11/05/20207.3100BUY 86.47
10/28/20206.9600SHORT 91.41
10/21/20207.5400BUY 99.42
10/19/20207.5100SHORT 100.22
10/09/20207.4400BUY 99.68
10/07/20207.1600SHORT 104.15
10/01/20207.4400BUY 108.66
09/21/20208.1400SELL 108.88
08/28/20208.0600BUY 108.03
08/19/20207.9100SELL 108.25
08/17/20207.9100BUY 108.47
08/12/20207.2800SHORT 119.22
07/15/20206.0700BUY 99.80
† Trade commissions are taken as 0.20%.

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