SILVER - USD - 1H - Technical analysis published on 11/30/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 22.34 USD
My targets
21.86 USD (-1.09%)
20.70 USD (-6.33%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SILVER - USD as long as the price remains well below 22.34 USD. The sellers” bearish objective is set at 21.86 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 20.70 USD. In case of crossing, the next objective would be the support located at 18.57 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SILVER - USD price is 22.10 USD. On the day, this instrument lost -2.43% and was traded between 21.89 USD and 22.76 USD over the period. The price is currently at +0.96% from its lowest and -2.90% from its highest.21.89
22.76
22.10
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of SILVER - USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.65 | 18.57 | 20.70 | 22.10 | 22.34 | 22.92 | 23.32 |
| Change (%) | -29.19% | -15.97% | -6.33% | - | +1.09% | +3.71% | +5.52% |
| Change | -6.45 | -3.53 | -1.40 | - | +0.24 | +0.82 | +1.22 |
| Level | Major | Major | Major | - | Intermediate | Minor | Intermediate |
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 | 21.23 | 21.78 | 22.22 | 22.77 | 23.21 | 23.76 | 24.20 |
| Camarilla | 22.38 | 22.47 | 22.56 | 22.65 | 22.74 | 22.83 | 22.92 |
| Woodie | 21.17 | 21.75 | 22.16 | 22.74 | 23.15 | 23.73 | 24.14 |
| Fibonacci | 21.78 | 22.16 | 22.40 | 22.77 | 23.15 | 23.39 | 23.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.80 | 21.07 | 21.86 | 23.13 | 23.92 | 25.19 | 25.98 |
| Camarilla | 22.08 | 22.27 | 22.46 | 22.65 | 22.84 | 23.03 | 23.22 |
| Woodie | 19.56 | 20.95 | 21.62 | 23.01 | 23.68 | 25.07 | 25.74 |
| Fibonacci | 21.07 | 21.86 | 22.34 | 23.13 | 23.92 | 24.40 | 25.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.34 | 20.96 | 22.31 | 23.93 | 25.28 | 26.90 | 28.25 |
| Camarilla | 22.83 | 23.11 | 23.38 | 23.65 | 23.92 | 24.20 | 24.47 |
| Woodie | 19.20 | 20.89 | 22.17 | 23.86 | 25.14 | 26.83 | 28.11 |
| Fibonacci | 20.96 | 22.10 | 22.80 | 23.93 | 25.07 | 25.77 | 26.90 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 33.65 | |
| MACD (12,26,9): | -0.2300 | |
| Directional Movement: | -18.73 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 22.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 22.42 | |
| Elder Ray (13): | -0.11 | |
| Super Trend (3,10): | 22.63 | |
| Zig ZAG (10): | 22.10 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 26.87 | |
| TEMA (21): | 21.98 | |
| Williams %R (14): | -72.15 | |
| Chande Momentum Oscillator (20): | -0.32 | |
| Repulse (5,40,3): | -0.2800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 3.84 |
| MA7: | 23.18 | |
| MA20: | 24.02 | |
| MA50: | 24.02 | |
| MA100: | 24.82 | |
| MAexp7: | 22.15 | |
| MAexp20: | 22.35 | |
| MAexp50: | 22.72 | |
| MAexp100: | 23.06 | |
| Price / MA7: | -4.66% | |
| Price / MA20: | -7.99% | |
| Price / MA50: | -7.99% | |
| Price / MA100: | -10.96% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -1.12% | |
| Price / MAexp50: | -2.73% | |
| Price / MAexp100: | -4.16% |
Quotes :
2020-11-30 13:11:00
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Real time data
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Gold & Silver Spot
News
The last news published on SILVER - USD at the time of the generation of this analysis 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
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Silver Technical Analysis for December 09 2016 by FXEmpire.com
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Silver Technical Analysis for December 08 2016 by FXEmpire.com
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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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