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Future Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

SILVER May 2020 (NYMEX:SI.K20)

Sidelines Mode (+55) - SI.K20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SI.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SI.K20
Open High Low SI.K20 Price Change
17.385 17.630 17.385 17.630 +0.200
Entry Signal

MarketClub’s Trade Triangles for SI.K20

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 16.665

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 15.800

short term down The short-term trend has been DOWN since May 22nd, 2020 at 17.430

Smart Scan Analysis for SI.K20

Based on our trend formula, SI.K20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SI.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.385 17.630 17.385 17.630 +0.200
Prev. Close Volume Bid Ask Time
14.155 47 2020-05-22 16:09:20
First Delivery2020-05-29Expiration2020-05-27
Open Time18:00Close Time17:00
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