SILVER - USD
SILVER - USD
- USD (-)
- Real time data - Gold & Silver Spot
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: XAGUSD
ISIN:

SILVER - USD - 1H - Technical analysis published on 01/09/2021 (GMT)

  • 149
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 25.94 USD
My targets
25.04 USD (-1.58%)
23.55 USD (-7.43%)
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 25.94 USD. The sellers” bearish objective is set at 25.04 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 23.55 USD. In case of crossing, the next objective would be the support located at 22.65 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by feromanya. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SILVER - USD price is 25.44 USD. The price registered a decrease of -6.37% on the session and was traded between 24.47 USD and 27.21 USD over the period. The price is currently at +3.96% from its lowest and -6.50% from its highest.

24.47
27.21
25.44

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this SILVER - USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18.30 20.70 22.65 25.44 26.35 26.72 27.57
Change (%) -28.07% -18.63% -10.97% - +3.58% +5.03% +8.37%
Change -7.14 -4.74 -2.79 - +0.91 +1.28 +2.13
Level Intermediate Major Intermediate - Major 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
Standard26.4826.7026.9327.1527.3827.6027.83
Camarilla27.0527.0927.1327.1727.2127.2527.29
Woodie26.5026.7026.9527.1527.4027.6027.85
Fibonacci26.7026.8726.9827.1527.3227.4327.60


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.0425.4525.9426.3526.8427.2527.74
Camarilla26.1726.2626.3426.4226.5026.5926.67
Woodie25.0725.4725.9726.3726.8727.2727.77
Fibonacci25.4525.8026.0126.3526.7026.9127.25


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.7520.6823.5525.4828.3530.2833.15
Camarilla25.1025.5425.9826.4226.8627.3027.74
Woodie19.2220.9224.0225.7228.8230.5233.62
Fibonacci20.6822.5123.6525.4827.3128.4530.28

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): 31.05
MACD (12,26,9): -0.4800
Directional Movement: -27.19
AROON (14): -78.57
DEMA (21): 25.47
Parabolic SAR (0,02-0,02-0,2): 24.47
Elder Ray (13): -0.41
Super Trend (3,10): 25.90
Zig ZAG (10): 25.44
VORTEX (21): 0.7400
Stochastique (14,3,5): 34.53
TEMA (21): 25.17
Williams %R (14): -60.41
Chande Momentum Oscillator (20): -1.12
Repulse (5,40,3): 1.1000
ROCnROLL: 2
TRIX (15,9): -0.2000
Courbe Coppock: 11.02
MA7: 26.82
MA20: 25.83
MA50: 24.76
MA100: 25.08
MAexp7: 25.47
MAexp20: 26.04
MAexp50: 26.58
MAexp100: 26.78
Price / MA7: -5.15%
Price / MA20: -1.51%
Price / MA50: +2.75%
Price / MA100: +1.44%
Price / MAexp7: -0.12%
Price / MAexp20: -2.30%
Price / MAexp50: -4.29%
Price / MAexp100: -5.00%

Quotes : 2021-01-08 21:59:57 - Real time data - Gold & Silver Spot

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis SILVER - USD - 1H