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Future Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

SILVER May 2021 (NYMEX:SI.K21)

Bull Market Weakness (+75) - SI.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SI.K21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SI.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.K21.

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

NYMEX_SI.K21
Open High Low SI.K21 Price Change
27.635 27.635 27.335 27.462 +0.140
Entry Signal

MarketClub’s Trade Triangles for SI.K21

long term down The long-term trend has been DOWN since Mar 30th, 2021 at 23.770

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2021 at 26.350

short term up The short-term trend has been UP since May 3rd, 2021 at 26.215

Smart Scan Analysis for SI.K21

Based on our trend formula, SI.K21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SI.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.635 27.635 27.335 27.462 +0.140
Prev. Close Volume Bid Ask Time
27.565 304 2021-05-07 16:52:57
Expiration2021-05-26Open Time08:25
Close Time13:25
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