Amplify Junior Silver Miners ETF (SILJ)

Amplify Junior Silver Miners ETF is trading at $30.92, up 7.81% on the session. The 50 day average sits at $26.34 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 64.9, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $24.49 with resistance near $30.68, so that band frames the current range. Average daily movement is roughly $1.20, or about 3.9% of the share price, which is what any stop placement has to allow for. The overall health score of 69 out of 100 combines a trend score of 64, momentum of 88 and a risk score of 52.

The index tracks the performance of the equity securities (or corresponding American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”)) of companies actively engaged in silver mining industry (“Silver Companies”). The fund invests at least 80% of its total assets in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The fund is non-diversified.