The market has been high on SilverCrest Metals Inc (SILV) stock recently. SILV gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
SilverCrest Metals Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SILV!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SILV Stock Today?
SilverCrest Metals Inc (SILV) stock is trading at $5.99 as of 2:28 PM on Monday, Oct 3, an increase of $0.46, or 8.32% from the previous closing price of $5.53. The stock has traded between $5.70 and $6.06 so far today. Volume today is 1,071,158 compared to average volume of 949,172.
To see InvestorsObserver's Sentiment Score for SilverCrest Metals Inc click here.
More About SilverCrest Metals Inc
SilverCrest Metals Inc involves in the exploration, development, and extraction of silver and other precious metals. The company's properties include Las Chispas, Cruz de Mayo, and other projects.
Click Here to get the full Stock Report for SilverCrest Metals Inc stock.