Londinia Opportunities Analyses - 09/26/2022 (GMT) SILVER - CHF - 1H

SILVER - CHF
- CHF (-)
- Real time data - Gold & Silver Spot
Type: Commodities
Ticker: XAGCHF
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 18.43 CHF
My targets
18.11 CHF (-0.93%)
17.23 CHF (-5.74%)
My analysis
SILVER - CHF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 18.43 CHF. The next support located at 18.11 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 17.23 CHF. Below this support, sellers could then target 13.53 CHF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.5

Analysis too old. There are no more charts available.

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.

Additional analysis

Quotes

The SILVER - CHF rating is 18.28 CHF. The price is lower by -1.35% since the last closing and was traded between 18.19 CHF and 18.79 CHF over the period. The price is currently at +0.49% from its lowest and -2.71% from its highest.

18.19
18.79
18.28

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SILVER - CHF:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on SILVER - CHF were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this SILVER - CHF chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.53 17.23 18.11 18.28 18.43 18.61 18.90
Change (%) -25.98% -5.74% -0.93% - +0.82% +1.81% +3.39%
Change -4.75 -1.05 -0.17 - +0.15 +0.33 +0.62
Level Major Major Minor - Intermediate Minor Intermediate



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
Standard17.2917.8318.1818.7219.0719.6119.96
Camarilla18.2918.3718.4518.5318.6118.6918.78
Woodie17.2017.7818.0918.6718.9819.5619.87
Fibonacci17.8318.1718.3818.7219.0619.2719.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.0617.7218.1218.7819.1819.8420.24
Camarilla18.2418.3418.4318.5318.6318.7218.82
Woodie16.9417.6618.0018.7219.0619.7820.12
Fibonacci17.7218.1218.3718.7819.1819.4319.84


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.4715.9916.7718.2919.0720.5921.37
Camarilla16.9217.1317.3417.5517.7617.9718.18
Woodie14.1015.8116.4018.1118.7020.4121.00
Fibonacci15.9916.8717.4118.2919.1719.7120.59

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): 38.00
MACD (12,26,9): -0.0800
Directional Movement: -10.57
AROON (14): -42.85
DEMA (21): 18.30
Parabolic SAR (0,02-0,02-0,2): 18.65
Elder Ray (13): -0.12
Super Trend (3,10): 18.62
Zig ZAG (10): 18.27
VORTEX (21): 1.0000
Stochastique (14,3,5): 9.44
TEMA (21): 18.30
Williams %R (14): -86.67
Chande Momentum Oscillator (20): -0.21
Repulse (5,40,3): -0.4200
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 0.44
MA7: 18.74
MA20: 18.31
MA50: 18.57
MA100: 19.50
MAexp7: 18.31
MAexp20: 18.41
MAexp50: 18.56
MAexp100: 18.66
Price / MA7: -2.45%
Price / MA20: -0.16%
Price / MA50: -1.56%
Price / MA100: -6.26%
Price / MAexp7: -0.16%
Price / MAexp20: -0.71%
Price / MAexp50: -1.51%
Price / MAexp100: -2.04%

Quotes : - Real time data - Gold & Silver Spot