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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

SILVER (TAS) Dec 2022 (NYMEX:SIT.Z22)

Sidelines Mode (+55) - SIT.Z22 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 SIT.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.Z22.

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

NYMEX_SIT.Z22
Open High Low SIT.Z22 Price Change
1 1 -1 -1 -2
Entry Signal

MarketClub’s Trade Triangles for SIT.Z22

long term up The long-term trend has been UP since Aug 5th, 2022 at 2

intermediate term up The intermediate-term trend has been UP since Aug 5th, 2022 at 1

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 1

Smart Scan Analysis for SIT.Z22

Based on our trend formula, SIT.Z22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SIT.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1 1 -1 -1 -2
Prev. Close Volume Bid Ask Time
1 424 2022-08-18 13:23:30
Expiration2022-11-28Open Time18:00
Close Time13:25
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