Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
SILVER 1000 OZ Jul 2024 (NYMEX:SIL.N24)
Sidelines Mode (-55) - SIL.N24 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 SIL.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SIL.N24
The long-term trend has been DOWN since Sep 14th, 2023 at 23.85
The intermediate-term trend has been DOWN since Sep 12th, 2023 at 24.07
The short-term trend has been UP since Sep 22nd, 2023 at 24.65
Smart Scan Analysis for SIL.N24
Based on our trend formula, SIL.N24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.660 | 24.660 | 24.660 | 24.678 | +0.745 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.660 | 5 | 2023-09-22 12:23:27 |
| Expiration | 2024-07-29 | Open Time | 08:25 |
| Close Time | 13:25 |