SILVER - USD - 15 min. - Technical analysis published on 01/24/2023 (GMT)
- 96
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Neutral
Underlying:
Bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 23.44 USD
My targets
24.13 USD (+2.29%)
24.85 USD (+5.34%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 23.44 USD remains possible. It is advisable to trade SILVER - USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 23.44 USD. The next bullish objective for buyers is set at 24.13 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 24.85 USD. If there is any crossing, the next objective would be the resistance located at 25.54 USD. PS: if there is a bearish break in the support located at 23.44 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.5
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 KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SILVER - USD rating is 23.59 USD. The price has increased by +0.77% since the last closing with the lowest point at 23.21 USD and the highest point at 23.74 USD. The deviation from the price is +1.64% for the low point and -0.63% for the high point.23.21
23.74
23.59
A study of price movements over other periods shows the following variations:
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 15 min. of this SILVER - USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.75 | 23.21 | 23.49 | 23.59 | 23.70 | 24.02 | 24.17 |
| Change (%) | -3.56% | -1.61% | -0.42% | - | +0.47% | +1.82% | +2.46% |
| Change | -0.84 | -0.38 | -0.10 | - | +0.11 | +0.43 | +0.58 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 21.31 | 22.03 | 22.72 | 23.44 | 24.13 | 24.85 | 25.54 |
| Camarilla | 23.02 | 23.15 | 23.28 | 23.41 | 23.54 | 23.67 | 23.80 |
| Woodie | 21.30 | 22.02 | 22.71 | 23.43 | 24.12 | 24.84 | 25.53 |
| Fibonacci | 22.03 | 22.57 | 22.90 | 23.44 | 23.98 | 24.31 | 24.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.89 | 22.53 | 23.23 | 23.87 | 24.57 | 25.21 | 25.91 |
| Camarilla | 23.56 | 23.68 | 23.81 | 23.93 | 24.05 | 24.18 | 24.30 |
| Woodie | 21.92 | 22.55 | 23.26 | 23.89 | 24.60 | 25.23 | 25.94 |
| Fibonacci | 22.53 | 23.04 | 23.36 | 23.87 | 24.38 | 24.70 | 25.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.27 | 21.15 | 22.55 | 23.43 | 24.83 | 25.71 | 27.11 |
| Camarilla | 23.33 | 23.54 | 23.75 | 23.96 | 24.17 | 24.38 | 24.59 |
| Woodie | 20.54 | 21.28 | 22.82 | 23.56 | 25.10 | 25.84 | 27.38 |
| Fibonacci | 21.15 | 22.02 | 22.56 | 23.43 | 24.30 | 24.84 | 25.71 |
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): | 51.34 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 0.13 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 23.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.44 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 23.36 | |
| Zig ZAG (10): | 23.60 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 76.10 | |
| TEMA (21): | 23.61 | |
| Williams %R (14): | -28.30 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.37 |
| MA7: | 23.79 | |
| MA20: | 23.78 | |
| MA50: | 23.06 | |
| MA100: | 21.34 | |
| MAexp7: | 23.61 | |
| MAexp20: | 23.59 | |
| MAexp50: | 23.57 | |
| MAexp100: | 23.57 | |
| Price / MA7: | -0.84% | |
| Price / MA20: | -0.80% | |
| Price / MA50: | +2.30% | |
| Price / MA100: | +10.54% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.08% |
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.
About author
Online
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
Comments
0 comments on the analysis SILVER - USD - 15 min.