Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

SILVER Dec 2020 (E) (NYMEX:SI.Z20.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.Z20.E
Open High Low SI.Z20.E Price Change
15.600 15.600 15.600 15.595 -0.063
Entry Signal

MarketClub’s Trade Triangles for SI.Z20.E

long term down The long term trend has been DOWN since May 1st, 2018 at 17.490

intermediate term up The intermediate term trend has been UP since Sep 25th, 2018 at 15.290

short term down The short term trend has been DOWN since Oct 18th, 2018 at 15.669

Smart Scan Analysis for SI.Z20.E

Based on a pre-defined weighted trend formula for chart analysis, SI.Z20.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SI.Z20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.600 15.600 15.600 15.595 -0.063
Prev. Close Volume Bid Ask Time
15.658 1 2018-10-19 13:27:11
Contract High21.8Contract High Date2016-07-06
Contract Low14.845Contract Low Date2016-01-04
Estimated Volume1First Delivery2020-12-31
Expiration2020-12-29Open Time08:25
Close Time13:25
Want to analyze SILVER Dec 2020 (E) SI.Z20.E or another symbol? Try our Free Future Trend Analysis Report.