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Future Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

SILVER Jul 2022 (NYMEX:SI.N22)

Crossroads (+60) - SI.N22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SI.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.N22.

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

NYMEX_SI.N22
Open High Low SI.N22 Price Change
24.510 24.685 24.395 24.400 -0.175
Entry Signal

MarketClub’s Trade Triangles for SI.N22

long term down The long-term trend has been DOWN since Jul 21st, 2021 at 25.400

intermediate term up The intermediate-term trend has been UP since Dec 26th, 2021 at 23.015

short term up The short-term trend has been UP since Jan 11th, 2022 at 22.600

Smart Scan Analysis for SI.N22

Based on our trend formula, SI.N22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SI.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.510 24.685 24.395 24.400 -0.175
Prev. Close Volume Bid Ask Time
24.435 248 2022-01-21 13:30:30
Expiration2022-07-27Open Time08:25
Close Time13:25
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