SILVER - USD - 15 min. - Technical analysis published on 05/24/2023 (GMT)
- 108
- 0
- Timeframe : 15 min.
- - 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
44%
22%
33%
My opinion
Neutral between 23.41 USD and 23.71 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 23.41 USD. The first resistance is located at 23.71 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.
This analysis was given by KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SILVER - USD rating 23.44 USD. On the day, this instrument lost -0.13% and was between 23.43 USD and 23.52 USD. This implies that the price is at +0.04% from its lowest and at -0.34% from its highest.23.43
23.52
23.44
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this SILVER - USD chart shows a slightly bullish trend. 50.00% 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 currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 23.10 | 23.20 | 23.32 | 23.44 | 23.64 | 23.88 | 24.02 |
| Change (%) | -1.45% | -1.02% | -0.51% | - | +0.85% | +1.88% | +2.47% |
| Change | -0.34 | -0.24 | -0.12 | - | +0.20 | +0.44 | +0.58 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.61 | 22.86 | 23.16 | 23.41 | 23.71 | 23.96 | 24.26 |
| Camarilla | 23.32 | 23.37 | 23.42 | 23.47 | 23.52 | 23.57 | 23.62 |
| Woodie | 22.65 | 22.87 | 23.20 | 23.42 | 23.75 | 23.97 | 24.30 |
| Fibonacci | 22.86 | 23.07 | 23.20 | 23.41 | 23.62 | 23.75 | 23.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.47 | 22.89 | 23.36 | 23.78 | 24.25 | 24.67 | 25.14 |
| Camarilla | 23.58 | 23.66 | 23.74 | 23.82 | 23.90 | 23.98 | 24.07 |
| Woodie | 22.49 | 22.90 | 23.38 | 23.79 | 24.27 | 24.68 | 25.16 |
| Fibonacci | 22.89 | 23.23 | 23.44 | 23.78 | 24.12 | 24.33 | 24.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.19 | 22.37 | 23.72 | 24.90 | 26.25 | 27.43 | 28.78 |
| Camarilla | 24.36 | 24.60 | 24.83 | 25.06 | 25.29 | 25.52 | 25.76 |
| Woodie | 21.27 | 22.41 | 23.80 | 24.94 | 26.33 | 27.47 | 28.86 |
| Fibonacci | 22.37 | 23.34 | 23.94 | 24.90 | 25.87 | 26.47 | 27.43 |
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): | 63.63 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 12.36 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 23.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.40 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 23.42 | |
| Zig ZAG (10): | 23.49 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 69.64 | |
| TEMA (21): | 23.48 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.27 |
| MA7: | 23.62 | |
| MA20: | 24.59 | |
| MA50: | 24.33 | |
| MA100: | 23.38 | |
| MAexp7: | 23.48 | |
| MAexp20: | 23.47 | |
| MAexp50: | 23.45 | |
| MAexp100: | 23.47 | |
| Price / MA7: | -0.76% | |
| Price / MA20: | -4.68% | |
| Price / MA50: | -3.66% | |
| Price / MA100: | +0.26% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.13% |
Quotes :
-
Real time data
-
Gold & Silver Spot
News
The latest news and videos published on SILVER - USD at the time of the analysis were 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.