Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

SILVER 1000 OZ Sep 2021 (NYMEX:SIL.U21)

Long-Term Uptrend (+90) - SIL.U21 is in a strong uptrend that is likely to continue. While SIL.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SIL.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.U21.

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

NYMEX_SIL.U21
Open High Low SIL.U21 Price Change
26.550 27.580 26.300 27.503 +0.955
Entry Signal

MarketClub’s Trade Triangles for SIL.U21

long term up The long-term trend has been UP since Dec 17th, 2020 at 25.755

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2021 at 25.975

short term up The short-term trend has been UP since May 3rd, 2021 at 26.560

Smart Scan Analysis for SIL.U21

Based on our trend formula, SIL.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SIL.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.550 27.580 26.300 27.503 +0.955
Prev. Close Volume Bid Ask Time
26.580 138 2021-05-06 12:35:31
Expiration2021-09-28Open Time08:25
Close Time13:25
Get a free daily analysis and signals for SILVER 1000 OZ Sep 2021 (SIL.U21) - Request Your Free Report.