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Future Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

SILVER (TAS) Jul 2023 (NYMEX:SIT.N23)

Weak Downtrend (-65) - SIT.N23 is showing signs of a strengthening downtrend. Monitor SIT.N23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SIT.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.N23.

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

NYMEX_SIT.N23
Open High Low SIT.N23 Price Change
1 1 -2 1 0
Entry Signal

MarketClub’s Trade Triangles for SIT.N23

long term down The long-term trend has been DOWN since Apr 14th, 2023 at -1

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2023 at -3

short term down The short-term trend has been DOWN since Jun 2nd, 2023 at -1

Smart Scan Analysis for SIT.N23

Based on our trend formula, SIT.N23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SIT.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1 1 -2 1 0
Prev. Close Volume Bid Ask Time
1 946 2023-06-02 13:24:42
Expiration2023-06-28Open Time18:00
Close Time13:25
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