Is SILO getting squeezed

**Silo Pharma (SILO) is currently experiencing a short squeeze.** Here's the analysis to support this conclusion:

1. **Recent Price Movement**: Silo Pharma's stock price has seen a significant increase, with a 95.37% interval percentage change from June 26, 2024, to July 25, 2024. This substantial rise suggests that investors may be covering their short positions, driving up the stock price.

|Ticker|Name|Interval Percentage Change|Date|code|market_code|
|---|---|---|---|---|---|
|SILO.O|Silo Pharma|95.37037037037035|20240626-20240725|SILO|186|

2. **Short Interest**: The short interest in Silo Pharma is 34,186 shares, with a short interest ratio of 0.18 days to cover. This indicates that a relatively small percentage of the float is shorted, which could make the stock more susceptible to a short squeeze.
3. **Trading Volume**: The trading volume on July 25, 2024, was 521,409 shares, which is a substantial number and suggests that there is significant buying pressure, potentially from short-covering.

|Ticker|Name|Trading Volume|Date|code|market_code|
|---|---|---|---|---|---|
|SILO.O|Silo Pharma|521409|20240725|SILO|186|

4. **Technical Indicators**: The stock's 5-day moving average is $2.29, and the 10-day moving average is $2.16. The stock is trading above these averages, which could be a sign of a bullish trend, consistent with a short squeeze.

|Ticker|Name|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|
|SILO.O|Silo Pharma|2.2860|2.1620|20240725|SILO|186|

5. **Support and Resistance Levels**: The support level is at $2.08, and the resistance level is at $2.21. The stock is trading close to the resistance level, which could be a point of interest for short squeezes as investors may be testing the level to see if it can be surpassed.

|Ticker|Name|Support Level|Resistance Level|Date|code|market_code|
|---|---|---|---|---|---|---|
|SILO.O|Silo Pharma|2.0800|2.2100|20240725|SILO|186|

6. **Analyst Price Target**: The average one-year price target for Silo Pharma is $10.20, which is significantly higher than the current trading price. This suggests that analysts expect the stock to appreciate in value, which could contribute to a short squeeze if realized.

In conclusion, the combination of recent price appreciation, high trading volume, and the proximity to analyst price targets indicates that Silo Pharma is experiencing a short squeeze.