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Future Trend Analysis Report

Prepared for you on Saturday, October 1, 2022.

SILVER Dec 2022 (NYMEX:SI.Z22)

Bear Market Rally (-75) - SI.Z22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SI.Z22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SI.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.Z22.

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

Open High Low SI.Z22 Price Change
18.810 19.300 18.745 19.039 +0.220
Entry Signal

MarketClub’s Trade Triangles for SI.Z22

long term down The long-term trend has been DOWN since May 9th, 2022 at 22.285

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2022 at 19.385

short term down The short-term trend has been DOWN since Sep 28th, 2022 at 18.130

Smart Scan Analysis for SI.Z22

Based on our trend formula, SI.Z22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SI.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.810 19.300 18.745 19.039 +0.220
Prev. Close Volume Bid Ask Time
19.015 52038 2022-09-30 16:59:55
Expiration2022-12-28Open Time08:25
Close Time13:25
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