SILVER - USD - 1H - Technical analysis published on 01/25/2023 (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:
Bullish
Underlying:
Slightly bearish
Technical indicators
39%
22%
39%
My opinion
Neutral between 23.49 USD and 24.02 USD
My targets
-
My analysis
The short-term increase on SILVER - USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 24.02 USD. The first support is located at 23.49 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.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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.
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Additional analysis
Quotes
The SILVER - USD price is 23.65 USD. On the day, this instrument gained +0.09% and was between 23.58 USD and 23.65 USD. This implies that the price is at +0.30% from its lowest and at 0% from its highest.23.58
23.65
23.65
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 1H of this SILVER - USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
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:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 22.75 | 23.21 | 23.49 | 23.65 | 23.70 | 24.02 | 24.17 |
Change (%) | -3.81% | -1.86% | -0.68% | - | +0.21% | +1.56% | +2.20% |
Change | -0.90 | -0.44 | -0.16 | - | +0.05 | +0.37 | +0.52 |
Level | Minor | Intermediate | Intermediate | - | Minor | 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 | 22.78 | 23.00 | 23.31 | 23.53 | 23.84 | 24.06 | 24.37 |
Camarilla | 23.48 | 23.53 | 23.58 | 23.63 | 23.68 | 23.73 | 23.78 |
Woodie | 22.84 | 23.02 | 23.37 | 23.55 | 23.90 | 24.08 | 24.43 |
Fibonacci | 23.00 | 23.20 | 23.32 | 23.53 | 23.73 | 23.85 | 24.06 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 49.29 | |
MACD (12,26,9): | 0.0100 | |
Directional Movement: | -1.98 | |
AROON (14): | -28.57 | |
DEMA (21): | 23.61 | |
Parabolic SAR (0,02-0,02-0,2): | 23.28 | |
Elder Ray (13): | 0 | |
Super Trend (3,10): | 23.81 | |
Zig ZAG (10): | 23.58 | |
VORTEX (21): | 1.0200 | |
Stochastique (14,3,5): | 74.21 | |
TEMA (21): | 23.65 | |
Williams %R (14): | -28.30 | |
Chande Momentum Oscillator (20): | -0.08 | |
Repulse (5,40,3): | -0.3000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 0.14 |
MA7: | 23.69 | |
MA20: | 23.79 | |
MA50: | 23.10 | |
MA100: | 21.39 | |
MAexp7: | 23.62 | |
MAexp20: | 23.60 | |
MAexp50: | 23.62 | |
MAexp100: | 23.68 | |
Price / MA7: | -0.17% | |
Price / MA20: | -0.59% | |
Price / MA50: | +2.38% | |
Price / MA100: | +10.57% | |
Price / MAexp7: | +0.13% | |
Price / MAexp20: | +0.21% | |
Price / MAexp50: | +0.13% | |
Price / MAexp100: | -0.13% |
Quotes :
-
Real time data
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Gold & Silver Spot
News
The last news published on SILVER - USD at the time of the generation of this analysis 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
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