SILVER - USD - 15 min. - Technical analysis published on 07/29/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 24.25 USD
My targets
25.79 USD (+5.54%)
26.22 USD (+7.27%)
My analysis
The basic trend is currently slightly bullish on SILVER - USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 24.25 USD, purchases could be favourable. The first bullish objective would be the resistance located at 25.79 USD. Then the price could move towards 26.22 USD. Then 28.17 USD by extension. A return under the support to 24.25 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5
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Additional analysis
Quotes
SILVER - USD rating 24.44 USD. The price registered an increase of +0.74% on the session and was between 24.03 USD and 24.53 USD. This implies that the price is at +1.71% from its lowest and at -0.37% from its highest.24.03
24.53
24.44
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on SILVER - USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of SILVER - USD in 15 min. shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.27 | 23.27 | 24.09 | 24.44 | 24.64 | 26.35 | 34.99 |
| Change (%) | -8.88% | -4.79% | -1.43% | - | +0.82% | +7.82% | +43.17% |
| Change | -2.17 | -1.17 | -0.35 | - | +0.20 | +1.91 | +10.55 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.38 | 20.33 | 22.30 | 24.25 | 26.22 | 28.17 | 30.14 |
| Camarilla | 23.18 | 23.54 | 23.90 | 24.26 | 24.62 | 24.98 | 25.34 |
| Woodie | 18.38 | 20.34 | 22.30 | 24.26 | 26.22 | 28.18 | 30.14 |
| Fibonacci | 20.33 | 21.83 | 22.76 | 24.25 | 25.75 | 26.68 | 28.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.23 | 17.73 | 20.26 | 21.76 | 24.29 | 25.79 | 28.32 |
| Camarilla | 21.67 | 22.04 | 22.41 | 22.78 | 23.15 | 23.52 | 23.89 |
| Woodie | 16.74 | 17.99 | 20.77 | 22.02 | 24.80 | 26.05 | 28.83 |
| Fibonacci | 17.73 | 19.27 | 20.22 | 21.76 | 23.30 | 24.25 | 25.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.83 | 16.39 | 17.28 | 17.84 | 18.73 | 19.29 | 20.18 |
| Camarilla | 17.78 | 17.91 | 18.05 | 18.18 | 18.31 | 18.45 | 18.58 |
| Woodie | 16.01 | 16.47 | 17.46 | 17.92 | 18.91 | 19.37 | 20.36 |
| Fibonacci | 16.39 | 16.94 | 17.28 | 17.84 | 18.39 | 18.73 | 19.29 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.11 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -6.57 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 24.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.04 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 24.05 | |
| Zig ZAG (10): | 24.31 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 80.00 | |
| TEMA (21): | 24.28 | |
| Williams %R (14): | -20.00 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.44 |
| MA7: | 23.54 | |
| MA20: | 20.48 | |
| MA50: | 18.77 | |
| MA100: | 16.86 | |
| MAexp7: | 24.30 | |
| MAexp20: | 24.26 | |
| MAexp50: | 24.26 | |
| MAexp100: | 24.26 | |
| Price / MA7: | +3.82% | |
| Price / MA20: | +19.34% | |
| Price / MA50: | +30.21% | |
| Price / MA100: | +44.96% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | +0.74% | |
| Price / MAexp50: | +0.74% | |
| Price / MAexp100: | +0.74% |
Quotes :
2020-07-29 07:11:59
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Real time data
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Gold & Silver Spot
News
Don"t forget to follow the news on SILVER - USD. At the time of publication of this analysis, the latest news was as follows:
-
Silver Prices forecast for the week of December 12 2016, Technical Analysis
-
Silver Technical Analysis for December 12 2016 by FXEmpire.com
-
Silver Technical Analysis for December 09 2016 by FXEmpire.com
-
Silver Technical Analysis for December 08 2016 by FXEmpire.com
-
Silver Technical Analysis for December 07 2016 by FXEmpire.com
This member declared not having a position on this financial instrument or a related financial instrument.
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