Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, February 25, 2018.

SILVER May 2018 (E) (NYMEX:SI.K18.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.

Open High Low SI.K18.E Price Change
16.655 16.665 16.525 16.549 -0.073
Entry Signal

MarketClub’s Trade Triangles for SI.K18.E

long term up The long term trend has been UP since Jan 25th, 2018 at 17.655

intermediate term down The intermediate term trend has been DOWN since Feb 2nd, 2018 at 16.825

short term down The short term trend has been DOWN since Feb 19th, 2018 at 16.680

Smart Scan Analysis for SI.K18.E

Based on a pre-defined weighted trend formula for chart analysis, SI.K18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SI.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.655 16.665 16.525 16.549 -0.073
Prev. Close Volume Bid Ask Time
16.545 30525 2018-02-23 13:26:46
Contract High18.955Contract High Date2017-04-17
Contract Low15.7Contract Low Date2017-07-07
Estimated Volume34581First Delivery2018-05-31
Expiration2018-05-29Open Time08:25
Close Time13:25
Want to analyze SILVER May 2018 (E) SI.K18.E or another symbol? Try our Free Future Trend Analysis Report.