Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

SILVER 1000 OZ Jul 2018 (E) (NYMEX:SIL.N18.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NYMEX_SIL.N18.E
Open High Low SIL.N18.E Price Change
16.490 16.490 16.440 16.450 +0.045
Entry Signal

MarketClub’s Trade Triangles for SIL.N18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 16.20

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2018 at 16.37

short term up The short term trend has been UP since May 22nd, 2018 at 16.53

Smart Scan Analysis for SIL.N18.E

Based on a pre-defined weighted trend formula for chart analysis, SIL.N18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SIL.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.490 16.490 16.440 16.450 +0.045
Prev. Close Volume Bid Ask Time
16.550 32 2018-05-24 01:42:25
Contract High17.73Contract High Date2018-01-24
Contract Low15.81Contract Low Date2017-12-07
Estimated Volume334First Delivery2018-07-31
Expiration2018-07-27Open Time08:25
Close Time13:25
Want to analyze SILVER 1000 OZ Jul 2018 (E) SIL.N18.E or another symbol? Try our Free Future Trend Analysis Report.