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Future Trend Analysis Report

Prepared for you on Friday, December 2, 2022.

SILVER Nov 2022 (NYMEX:SI.X22)

Countertrend Up (+85) - SI.X22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SI.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.X22.

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

Open High Low SI.X22 Price Change
21.355 21.445 21.355 20.910 +0.088
Entry Signal

MarketClub’s Trade Triangles for SI.X22

long term up The long-term trend has been UP since Sep 8th, 2022 at 17.955

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2022 at 19.580

short term down The short-term trend has been DOWN since Nov 21st, 2022 at 21.625

Smart Scan Analysis for SI.X22

Based on our trend formula, SI.X22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SI.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.355 21.445 21.355 20.910 +0.088
Prev. Close Volume Bid Ask Time
21.425 1 2022-11-25 13:18:09
Expiration2022-11-28Open Time18:00
Close Time17:00
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