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 09/23/2021 (GMT)

  • 190
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 22.65 USD
My targets
22.90 USD (+0.62%)
23.14 USD (+1.67%)
My analysis
A bullish trend on SILVER - USD both in substance and in the short term. A purchase could be considered as long as the price remains above 22.65 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 22.90 USD. Then the price could move towards 23.14 USD. Then 23.66 USD by extension. Be careful, a return below 22.65 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SILVER - USD price is 22.76 USD. On the day, this instrument gained +0.31% with the lowest point at 22.50 USD and the highest point at 22.79 USD. The deviation from the price is +1.16% for the low point and -0.13% for the high point.

22.50
22.79
22.76

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of SILVER - USD in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 22.03 22.34 22.65 22.76 22.90 23.14 23.66
Change (%) -3.21% -1.85% -0.48% - +0.62% +1.67% +3.95%
Change -0.73 -0.42 -0.11 - +0.14 +0.38 +0.90
Level Intermediate Minor Major - Minor Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.7122.0822.3922.7623.0723.4423.75
Camarilla22.5022.5722.6322.6922.7522.8222.88
Woodie21.6722.0722.3522.7523.0323.4323.71
Fibonacci22.0822.3422.5022.7623.0223.1823.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.1921.2621.8322.9023.4724.5425.11
Camarilla21.9522.1022.2522.4022.5522.7022.85
Woodie19.9421.1421.5822.7823.2224.4224.86
Fibonacci21.2621.8922.2722.9023.5323.9124.54


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.2120.1922.0524.0325.8927.8729.73
Camarilla22.8523.2123.5623.9124.2624.6124.97
Woodie18.1520.1621.9924.0025.8327.8429.67
Fibonacci20.1921.6622.5624.0325.5026.4027.87

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): 59.30
MACD (12,26,9): 0.0000
Directional Movement: 13.82
AROON (14): -57.14
DEMA (21): 22.69
Parabolic SAR (0,02-0,02-0,2): 22.89
Elder Ray (13): 0.08
Super Trend (3,10): 22.91
Zig ZAG (10): 22.76
VORTEX (21): 1.0200
Stochastique (14,3,5): 25.52
TEMA (21): 22.63
Williams %R (14): -65.62
Chande Momentum Oscillator (20): 0.03
Repulse (5,40,3): 0.6400
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 1.40
MA7: 22.78
MA20: 23.63
MA50: 24.11
MA100: 25.56
MAexp7: 22.66
MAexp20: 22.69
MAexp50: 22.66
MAexp100: 22.73
Price / MA7: -0.09%
Price / MA20: -3.68%
Price / MA50: -5.60%
Price / MA100: -10.95%
Price / MAexp7: +0.44%
Price / MAexp20: +0.31%
Price / MAexp50: +0.44%
Price / MAexp100: +0.13%

Quotes : - 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