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Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
SILVER Nov 2023 (NYMEX:SI.X23)
Countertrend Up (+85) - SI.X23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SI.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SI.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SI.X23
The long-term trend has been UP since Nov 17th, 2023 at 23.910
The intermediate-term trend has been UP since Nov 16th, 2023 at 23.565
The short-term trend has been UP since Nov 16th, 2023 at 22.620
Smart Scan Analysis for SI.X23
Based on our trend formula, SI.X23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.805 | 24.850 | 24.805 | 24.930 | +0.521 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.850 | 14 | 2023-11-27 07:11:12 |
| Expiration | 2023-11-28 | Open Time | 18:00 |
| Close Time | 17:00 |