Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

SILVER 1000 OZ Sep 2022 (NYMEX:SIL.U22)

Bull Market Weakness (+75) - SIL.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SIL.U22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SIL.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.U22.

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

NYMEX_SIL.U22
Open High Low SIL.U22 Price Change
20.310 20.855 20.180 20.698 +0.590
Entry Signal

MarketClub’s Trade Triangles for SIL.U22

long term down The long-term trend has been DOWN since May 5th, 2022 at 22.38

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 20.10

short term up The short-term trend has been UP since Aug 12th, 2022 at 20.58

Smart Scan Analysis for SIL.U22

Based on our trend formula, SIL.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SIL.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.310 20.855 20.180 20.698 +0.590
Prev. Close Volume Bid Ask Time
20.840 4348 2022-08-12 16:59:53
Expiration2022-09-28Open Time18:00
Close Time17:00
Get a free daily analysis and signals for SILVER 1000 OZ Sep 2022 (SIL.U22) - Request Your Free Report.