Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, May 22, 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
16.525 16.775 16.525 17.143 +0.393
Entry Signal

MarketClub’s Trade Triangles for SI.K17.E

long term down The long term trend has been DOWN since May 1st, 2017 at 16.825

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

short term up The short term trend has been UP since May 12th, 2017 at 16.315

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
16.525 16.775 16.525 17.143 +0.393
Prev. Close Volume Bid Ask Time
16.775 73 2017-05-19 13:36:51
Contract High20.945Contract High Date2016-08-03
Contract Low14.35Contract Low Date2015-11-25
Estimated Volume44First 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.