Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, March 25, 2017.

SILVER May 2017 (E) (NYMEX:SI.K17.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_SI.K17.E
Open High Low SI.K17.E Price Change
17.595 17.800 17.540 17.748 +0.187
Entry Signal

MarketClub’s Trade Triangles for SI.K17.E

long term down The long term trend has been DOWN since Oct 4th, 2016 at 18.765

intermediate term down The intermediate term trend has been DOWN since Mar 7th, 2017 at 17.660

short term up The short term trend has been UP since Mar 16th, 2017 at 17.160

Smart Scan Analysis for SI.K17.E

Based on a pre-defined weighted trend formula for chart analysis, SI.K17.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SI.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.595 17.800 17.540 17.748 +0.187
Prev. Close Volume Bid Ask Time
17.775 41994 2017-03-24 13:35:13
Contract High20.945Contract High Date2016-08-03
Contract Low14.35Contract Low Date2015-11-25
Estimated Volume17078First Delivery2017-05-31
Expiration2017-05-26Open Time18:00
Close Time17:00
Want to analyze SILVER May 2017 (E) SI.K17.E or another symbol? Try our Free Future Trend Analysis Report.