In the meantime, Raymond James upgraded its Silvercorp Metals Inc [SVM] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Neutral”. Alliance Global Partners also remained covering SVM and has increased its forecast on March 11, 2020 with a “Buy” recommendation from previously “Neutral” rating. Alliance Global Partners revised its rating on November 12, 2019. It rated SVM as “a Neutral” which previously was an “a Buy”.
Price Performance Review of SVM
On Monday, Silvercorp Metals Inc [AMEX:SVM] saw its stock jump 1.08% to $3.76. Over the last five days, the stock has lost -2.08%. Silvercorp Metals Inc shares have risen nearly 25.33% since the year began. Nevertheless, the stocks have risen 8.36% over the past one year. While a 52-week high of $5.32 was reached on 03/18/25, a 52-week low of $2.87 was recorded on 01/13/25. SMA at 50 days reached $3.79, while 200 days put it at $3.73.
Levels Of Support And Resistance For SVM Stock
The 24-hour chart illustrates a support level at 3.69, which if violated will result in even more drops to 3.62. On the upside, there is a resistance level at 3.80. A further resistance level may holdings at 3.85. The Relative Strength Index (RSI) on the 14-day chart is 50.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.88%. Stochastics %K at 66.03% indicates the stock is a holding.
How much short interest is there in Silvercorp Metals Inc?
A steep rise in short interest was recorded in Silvercorp Metals Inc stocks on 2025-04-15, growing by 13212.0 shares to a total of 13.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 13.29 million shares. There was a rise of 0.1%, which implies that there is a positive sentiment for the stock.
