Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

SILVER May 2021 (NYMEX:SI.K21)

Sidelines Mode (+55) - SI.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
27.285 27.545 27.280 27.657 +0.175
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 down The short-term trend has been DOWN since May 11th, 2021 at 27.285

Smart Scan Analysis for SI.K21

Based on our trend formula, SI.K21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SI.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.285 27.545 27.280 27.657 +0.175
Prev. Close Volume Bid Ask Time
27.370 68 2021-05-11 11:18:20
Expiration2021-05-26Open Time08:25
Close Time13:25
Get a free daily analysis and signals for SILVER May 2021 (SI.K21) - Request Your Free Report.