Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

SILVER 1000 OZ Dec 2018 (E) (NYMEX:SIL.Z18.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_SIL.Z18.E
Open High Low SIL.Z18.E Price Change
14.700 14.730 14.610 14.730 +0.029
Entry Signal

MarketClub’s Trade Triangles for SIL.Z18.E

long term down The long term trend has been DOWN since Feb 2nd, 2018 at 17.247

intermediate term up The intermediate term trend has been UP since Sep 25th, 2018 at 14.580

short term down The short term trend has been DOWN since Oct 17th, 2018 at 14.620

Smart Scan Analysis for SIL.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, SIL.Z18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SIL.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.700 14.730 14.610 14.730 +0.029
Prev. Close Volume Bid Ask Time
14.680 109 2018-10-17 05:23:18
Contract High17.87Contract High Date2018-01-25
Contract Low13.97Contract Low Date2018-09-11
Estimated Volume310First Delivery2018-12-31
Expiration2018-12-27Open Time08:25
Close Time13:25
Want to analyze SILVER 1000 OZ Dec 2018 (E) SIL.Z18.E or another symbol? Try our Free Future Trend Analysis Report.