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 - Daily - Technical analysis published on 02/15/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 26.35 USD
My targets
28.30 USD (+2.28%)
29.77 USD (+7.59%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SILVER - USD as long as the price remains well above 26.35 USD. The buyers” bullish objective is set at 28.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.77 USD. If there is any crossing, the next objective would be the resistance located at 34.99 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.6

Complete this analysis for another time unit:
15 min. 1H Weekly
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.

Additional analysis

Quotes

SILVER - USD rating 27.67 USD. The price registered an increase of +1.17% on the session and was between 27.36 USD and 27.68 USD. This implies that the price is at +1.13% from its lowest and at -0.04% from its highest.

27.36
27.68
27.67

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SILVER - USD:

Technical


A technical analysis in Daily of this SILVER - USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 22.65 24.26 26.35 27.67 28.30 29.77 34.99
Change (%) -18.14% -12.32% -4.77% - +2.28% +7.59% +26.45%
Change -5.02 -3.41 -1.32 - +0.63 +2.10 +7.32
Level Intermediate Minor Major - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.4026.6226.9927.2127.5827.8028.17
Camarilla27.1927.2427.3027.3527.4027.4627.51
Woodie26.4726.6627.0627.2527.6527.8428.24
Fibonacci26.6226.8526.9927.2127.4427.5827.80


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.6526.1826.7627.2927.8728.4028.98
Camarilla27.0527.1527.2527.3527.4527.5527.66
Woodie25.6926.1926.8027.3027.9128.4129.02
Fibonacci26.1826.6026.8627.2927.7127.9728.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.8422.4524.7226.3328.6030.2132.48
Camarilla25.9326.2926.6427.0027.3627.7128.07
Woodie21.1822.6225.0626.5028.9430.3832.82
Fibonacci22.4523.9324.8526.3327.8128.7330.21

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): 59.91
MACD (12,26,9): 0.4500
Directional Movement: 8.58
AROON (14): 21.43
DEMA (21): 27.29
Parabolic SAR (0,02-0,02-0,2): 26.70
Elder Ray (13): 0.57
Super Trend (3,10): 25.34
Zig ZAG (10): 27.65
VORTEX (21): 1.0800
Stochastique (14,3,5): 49.04
TEMA (21): 27.44
Williams %R (14): -45.08
Chande Momentum Oscillator (20): 1.15
Repulse (5,40,3): 1.9500
ROCnROLL: 1
TRIX (15,9): 0.2100
Courbe Coppock: 11.77
MA7: 27.20
MA20: 26.54
MA50: 25.92
MA100: 25.00
MAexp7: 27.21
MAexp20: 26.71
MAexp50: 26.02
MAexp100: 25.19
Price / MA7: +1.73%
Price / MA20: +4.26%
Price / MA50: +6.75%
Price / MA100: +10.68%
Price / MAexp7: +1.69%
Price / MAexp20: +3.59%
Price / MAexp50: +6.34%
Price / MAexp100: +9.85%

Quotes : 2021-02-15 12:35:21 - Real time data - 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:

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

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