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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

SILVER May 2022 (NYMEX:SI.K22)

Bull Market Weakness (+75) - SI.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SI.K22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SI.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.K22.

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

NYMEX_SI.K22
Open High Low SI.K22 Price Change
24.320 24.680 24.320 24.665 +0.430
Entry Signal

MarketClub’s Trade Triangles for SI.K22

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 24.730

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 23.290

short term up The short-term trend has been UP since Oct 3rd, 2021 at 22.665

Smart Scan Analysis for SI.K22

Based on our trend formula, SI.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SI.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.320 24.680 24.320 24.665 +0.430
Prev. Close Volume Bid Ask Time
24.235 202 2021-10-22 08:59:52
Expiration2022-05-26Open Time08:25
Close Time13:25
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