Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

SILVER May 2019 (NYMEX:SI.K19)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

NYMEX_SI.K19
Open High Low SI.K19 Price Change
14.55 14.55 14.55 14.55 +0.01
Entry Signal

MarketClub’s Trade Triangles for SI.K19

long term down The long term trend has been DOWN since Apr 11th, 2019 at 14.950

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 15.625

short term up The short term trend has been UP since May 23rd, 2019 at 14.425

Smart Scan Analysis for SI.K19

Based on a pre-defined weighted trend formula for chart analysis, SI.K19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SI.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.55 14.55 14.55 14.55 +0.01
Prev. Close Volume Bid Ask Time
15.86 11 2019-05-23 19:10:39
First Delivery2019-05-31Expiration2019-05-29
Open Time08:25Close Time13:25
Want to analyze SILVER May 2019 SI.K19 or another symbol? Try our Free Future Trend Analysis Report.