SILVER - USD - 15 min. - Technical analysis published on 08/19/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 19.64 USD
My targets
19.18 USD (-0.91%)
18.89 USD (-2.44%)
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 19.64 USD. The sellers' bearish objective is set at 19.18 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 18.89 USD. In case of crossing, the next objective would be the support located at 18.41 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
6.6
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Additional analysis
Quotes
The SILVER - USD price is 19.36 USD. On the day, this instrument lost -0.77% and was between 19.34 USD and 19.52 USD. This implies that the price is at +0.10% from its lowest and at -0.82% from its highest.19.34
19.52
19.36
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 15 min. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
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 | 16.62 | 18.41 | 19.31 | 19.36 | 19.48 | 19.94 | 20.24 |
| Change (%) | -14.15% | -4.91% | -0.26% | - | +0.62% | +3.00% | +4.55% |
| Change | -2.74 | -0.95 | -0.05 | - | +0.12 | +0.58 | +0.88 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.89 | 19.18 | 19.35 | 19.64 | 19.81 | 20.10 | 20.27 |
| Camarilla | 19.38 | 19.43 | 19.47 | 19.51 | 19.55 | 19.59 | 19.64 |
| Woodie | 18.82 | 19.15 | 19.28 | 19.61 | 19.74 | 20.07 | 20.20 |
| Fibonacci | 19.18 | 19.36 | 19.47 | 19.64 | 19.82 | 19.93 | 20.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.08 | 19.43 | 20.14 | 20.49 | 21.20 | 21.55 | 22.26 |
| Camarilla | 20.55 | 20.65 | 20.74 | 20.84 | 20.94 | 21.03 | 21.13 |
| Woodie | 19.25 | 19.52 | 20.31 | 20.58 | 21.37 | 21.64 | 22.43 |
| Fibonacci | 19.43 | 19.84 | 20.09 | 20.49 | 20.90 | 21.15 | 21.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.64 | 17.39 | 18.87 | 19.62 | 21.10 | 21.85 | 23.33 |
| Camarilla | 19.74 | 19.94 | 20.15 | 20.35 | 20.55 | 20.76 | 20.96 |
| Woodie | 17.01 | 17.57 | 19.24 | 19.80 | 21.47 | 22.03 | 23.70 |
| Fibonacci | 17.39 | 18.24 | 18.77 | 19.62 | 20.47 | 21.00 | 21.85 |
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): | 32.79 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -18.13 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 19.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.41 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 19.47 | |
| Zig ZAG (10): | 19.36 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 10.97 | |
| TEMA (21): | 19.36 | |
| Williams %R (14): | -86.67 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | -0.2200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.86 |
| MA7: | 20.03 | |
| MA20: | 19.94 | |
| MA50: | 20.02 | |
| MA100: | 21.49 | |
| MAexp7: | 19.38 | |
| MAexp20: | 19.42 | |
| MAexp50: | 19.51 | |
| MAexp100: | 19.60 | |
| Price / MA7: | -3.34% | |
| Price / MA20: | -2.91% | |
| Price / MA50: | -3.30% | |
| Price / MA100: | -9.91% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | -0.77% | |
| Price / MAexp100: | -1.22% |
Quotes :
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Real time data
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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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