As of May 22, 2026, SVM (Silvercorp Metals Inc.) is in a uptrend state on the weekly chart, with a confidence level of 67%. Key support is at $10.0 and key resistance at $14.0. After a strong impulse up, price is consolidating with sharp weekly swings; last print around $11.79 sits above rising EMA50 ($8.96) and EMA100 ($6.99) with RSI ~55 (cooling).
Bullish continuation: consolidation resolves higher; price holds the $10-$11 area (prior breakout zone/short-term demand) then retests the prior highs and attempts a new HH. Rough probability 60%.
Deeper pullback within uptrend: a failed attempt to reclaim $13-$14 leads to a shakeout toward the rising EMA50/EMA20 cluster, then a decision point (either HL bounce or trend break). Rough probability 40%.
Weekly close above $13.90
Weekly close below $8.90
Start near the $10-$11 demand/structure support; add on EMA50-area pullback (~$9); heavy add only on a deeper HL test toward EMA100/major breakout retest ($7-$8).
Trim into prior-high/extension zone ($14-$15.5); heavier trims if price goes vertical and extends far above EMA50; full exit only on multi-year-style euphoric overshoot well beyond prior range.
As of May 22, 2026, SVM (Silvercorp Metals Inc.) is in a uptrend state on the weekly chart with 67% confidence. After a strong impulse up, price is consolidating with sharp weekly swings; last print around $11.79 sits above rising EMA50 ($8.96) and EMA100 ($6.99) with RSI ~55 (cooling).
On the weekly timeframe, SVM has key support at $10.0 and key resistance at $14.0. The most likely scenario (bullish) targets $13.9 and $15.5, with a revert level at $10.8.
SVM (Silvercorp Metals Inc.) is currently classified as uptrend on the weekly chart, with 67% confidence. Confirmation requires: Weekly close above $13.90 This would be invalidated by: Weekly close below $8.90
The most likely scenario (bullish) targets $13.9 and $15.5, with a revert level at $10.8. The alternative scenario (bearish) targets $9.00 and $7.00.
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