Global X Silver Miners Etf ETF Forecast

Sell candidate since May 15, 2026 Loss -4.49%

The Global X Silver Miners ETF price fell by -4.96% on the last day (Wednesday, 3rd Jun 2026) from $92.06 to $87.49. During the last trading day the ETF fluctuated 3.67% from a day low at $87.49 to a day high of $90.70. The price has been going up and down for this period, and there has been a 1.16% gain for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -34 thousand shares and in total, 1 million shares were bought and sold for approximately $120.01 million.

The ETF lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -3.30% during the next 3 months and, with a 90% probability hold a price between $73.85 and $98.52 at the end of this 3-month period.

SIL Signals & Forecast

There are few to no technical positive signals at the moment. The Global X Silver Miners ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $90.83 and $93.13. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 12, 2026, and so far it has fallen -14.82%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Global X Silver Miners ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $82.85 and $82.73. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Global X Silver Miners finds support just below today's level at $82.85. If this is broken, then the next support from accumulated volume will be at $82.73 and $79.19.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $3.21 between high and low, or 3.67%. For the last week, the ETF has had daily average volatility of 4.36%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SIL) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Global X Silver Miners ETF to open at $88.56, and during the day (based on 14 day Average True Range), to move between $85.36 and $89.62, which gives a possible trading interval of +/-$4.27 (+/-5.00%) up or down from last closing price. If Global X Silver Miners ETF takes out the full calculated possible swing range there will be an estimated 5.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $90.08 (2.96%) than the support at $82.85 (5.30%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Global X Silver Miners ETF ETF A Buy?

Global X Silver Miners holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -2.848 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $88.56 ( 1.22%).

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