SILVER - USD - 1H - Technical analysis published on 05/11/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
39%
11%
50%
My opinion
Neutral between 27.14 USD and 27.59 USD
My targets
-
My analysis
The short-term decline on SILVER - USD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 27.14 USD. The first resistance is located at 27.59 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SILVER - USD rating 27.33 USD. The price registered an increase of +0.00% on the session and was traded between 27.10 USD and 27.53 USD over the period. The price is currently at +0.85% from its lowest and -0.73% from its highest.27.10
27.53
27.33
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of SILVER - USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.35 | 26.69 | 27.14 | 27.33 | 27.59 | 27.88 | 28.53 |
| Change (%) | -3.59% | -2.34% | -0.70% | - | +0.95% | +2.01% | +4.39% |
| Change | -0.98 | -0.64 | -0.19 | - | +0.26 | +0.55 | +1.20 |
| Level | Intermediate | Minor | Minor | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.43 | 26.83 | 27.08 | 27.48 | 27.73 | 28.13 | 28.38 |
| Camarilla | 27.15 | 27.21 | 27.27 | 27.33 | 27.39 | 27.45 | 27.51 |
| Woodie | 26.36 | 26.79 | 27.01 | 27.44 | 27.66 | 28.09 | 28.31 |
| Fibonacci | 26.83 | 27.08 | 27.23 | 27.48 | 27.73 | 27.88 | 28.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.39 | 25.09 | 26.27 | 26.97 | 28.15 | 28.85 | 30.03 |
| Camarilla | 26.92 | 27.10 | 27.27 | 27.44 | 27.61 | 27.79 | 27.96 |
| Woodie | 24.62 | 25.21 | 26.50 | 27.09 | 28.38 | 28.97 | 30.26 |
| Fibonacci | 25.09 | 25.81 | 26.26 | 26.97 | 27.69 | 28.14 | 28.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.15 | 23.19 | 24.55 | 25.59 | 26.95 | 27.99 | 29.35 |
| Camarilla | 25.24 | 25.46 | 25.68 | 25.90 | 26.12 | 26.34 | 26.56 |
| Woodie | 22.30 | 23.27 | 24.70 | 25.67 | 27.10 | 28.07 | 29.50 |
| Fibonacci | 23.19 | 24.11 | 24.68 | 25.59 | 26.51 | 27.08 | 27.99 |
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): | 49.18 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -11.73 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 27.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.52 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 27.66 | |
| Zig ZAG (10): | 27.44 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 57.05 | |
| TEMA (21): | 27.36 | |
| Williams %R (14): | -20.93 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 0.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.60 |
| MA7: | 27.05 | |
| MA20: | 26.37 | |
| MA50: | 25.82 | |
| MA100: | 26.15 | |
| MAexp7: | 27.40 | |
| MAexp20: | 27.39 | |
| MAexp50: | 27.38 | |
| MAexp100: | 27.21 | |
| Price / MA7: | +1.04% | |
| Price / MA20: | +3.64% | |
| Price / MA50: | +5.85% | |
| Price / MA100: | +4.51% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -0.18% | |
| Price / MAexp100: | +0.44% |
Quotes :
-
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:
-
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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