Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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
17.820 17.910 17.550 17.895 +0.039
Entry Signal

MarketClub’s Trade Triangles for SI.K17.E

long term up The long term trend has been UP since Apr 13th, 2017 at 18.540

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2017 at 17.735

short term down The short term trend has been DOWN since Apr 18th, 2017 at 18.415

Smart Scan Analysis for SI.K17.E

Based on a pre-defined weighted trend formula for chart analysis, SI.K17.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SI.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.820 17.910 17.550 17.895 +0.039
Prev. Close Volume Bid Ask Time
17.905 94439 2017-04-24 16:26:45
Contract High20.945Contract High Date2016-08-03
Contract Low14.35Contract Low Date2015-11-25
Estimated Volume91809First 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.