SILVER - USD - 1H - Technical analysis published on 06/24/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
33%
11%
56%
My opinion
Bullish above 15.29 USD
My targets
15.39 USD (+0.20%)
15.56 USD (+1.30%)
My analysis
A bullish trend on SILVER both in substance and in the short term. A purchase could be considered as long as the price remains above 15.29 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 15.39 USD. Then the price could move towards 15.56 USD. Then 15.75 USD by extension. Be careful, a return below 15.29 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.
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:
Additional analysis
Quotes
The SILVER rating is 15.36 USD. The price has increased by +0.13% since the last closing and was traded between 15.32 USD and 15.44 USD over the period. The price is currently at +0.26% from its lowest and -0.52% from its highest.15.32
15.44
15.36
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SILVER:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SILVER in 1H shows an overall bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of 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 on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 15.03 | 15.16 | 15.29 | 15.36 | 15.39 | 15.56 | 15.75 |
Change (%) | -2.15% | -1.30% | -0.46% | - | +0.20% | +1.30% | +2.54% |
Change | -0.33 | -0.20 | -0.07 | - | +0.03 | +0.20 | +0.39 |
Level | Major | Intermediate | Minor | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14.75 | 14.95 | 15.15 | 15.35 | 15.55 | 15.75 | 15.95 |
Camarilla | 15.23 | 15.27 | 15.30 | 15.34 | 15.38 | 15.41 | 15.45 |
Woodie | 14.74 | 14.95 | 15.14 | 15.35 | 15.54 | 15.75 | 15.94 |
Fibonacci | 14.95 | 15.11 | 15.20 | 15.35 | 15.51 | 15.60 | 15.75 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14.11 | 14.45 | 14.89 | 15.23 | 15.67 | 16.01 | 16.45 |
Camarilla | 15.13 | 15.20 | 15.27 | 15.34 | 15.41 | 15.48 | 15.55 |
Woodie | 14.17 | 14.48 | 14.95 | 15.26 | 15.73 | 16.03 | 16.51 |
Fibonacci | 14.45 | 14.74 | 14.93 | 15.23 | 15.52 | 15.71 | 16.01 |
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): | 51.45 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 7.04 | |
AROON (14): | 57.14 | |
DEMA (21): | 15.36 | |
Parabolic SAR (0,02-0,02-0,2): | 15.25 | |
Elder Ray (13): | 0 | |
Super Trend (3,10): | 15.49 | |
Zig ZAG (10): | 15.35 | |
VORTEX (21): | 1.0700 | |
Stochastique (14,3,5): | 54.31 | |
TEMA (21): | 15.35 | |
Williams %R (14): | -52.94 | |
Chande Momentum Oscillator (20): | 0.02 | |
Repulse (5,40,3): | -0.2200 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.66 |
MA7: | 15.14 | |
MA20: | 14.87 | |
MA50: | 14.82 | |
MA100: | 15.14 | |
MAexp7: | 15.35 | |
MAexp20: | 15.35 | |
MAexp50: | 15.32 | |
MAexp100: | 15.22 | |
Price / MA7: | +1.45% | |
Price / MA20: | +3.30% | |
Price / MA50: | +3.64% | |
Price / MA100: | +1.45% | |
Price / MAexp7: | +0.07% | |
Price / MAexp20: | +0.07% | |
Price / MAexp50: | +0.26% | |
Price / MAexp100: | +0.92% |
News
The last news published on SILVER 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
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…
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