Londinia Opportunities Analyses - 09/26/2022 (GMT) SILVER - CAD - 1H
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CAD
(-)
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Real time data - Gold & Silver Spot
| Type: | Commodities |
| Ticker: | XAGCAD |
| ISIN: |
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 25.42 CAD
My targets
24.96 CAD (-1.15%)
24.80 CAD (-1.78%)
My analysis
The bearish trend is currently very strong for SILVER - CAD. As long as the price remains below the resistance at 25.42 CAD, you could try to take advantage of the bearish rally. The first bearish objective is located at 24.96 CAD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 24.80 CAD as an objective. Crossing it would then enable sellers to target 23.67 CAD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.3
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
SILVER - CAD rating 25.25 CAD. On the day, this instrument lost -1.44% with the lowest point at 25.16 CAD and the highest point at 25.97 CAD. The deviation from the price is +0.36% for the low point and -2.77% for the high point.25.16
25.97
25.25
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of SILVER - CAD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.80 | 24.96 | 25.23 | 25.25 | 25.42 | 25.65 | 25.92 |
| Change (%) | -1.78% | -1.15% | -0.08% | - | +0.67% | +1.58% | +2.65% |
| Change | -0.45 | -0.29 | -0.02 | - | +0.17 | +0.40 | +0.67 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.09 | 24.78 | 25.20 | 25.89 | 26.31 | 27.00 | 27.42 |
| Camarilla | 25.32 | 25.42 | 25.52 | 25.62 | 25.72 | 25.82 | 25.93 |
| Woodie | 23.96 | 24.71 | 25.07 | 25.82 | 26.18 | 26.93 | 27.29 |
| Fibonacci | 24.78 | 25.20 | 25.47 | 25.89 | 26.31 | 26.58 | 27.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.90 | 24.66 | 25.14 | 25.90 | 26.38 | 27.14 | 27.62 |
| Camarilla | 25.28 | 25.39 | 25.51 | 25.62 | 25.73 | 25.85 | 25.96 |
| Woodie | 23.76 | 24.59 | 25.00 | 25.83 | 26.24 | 27.07 | 27.48 |
| Fibonacci | 24.66 | 25.13 | 25.43 | 25.90 | 26.37 | 26.67 | 27.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.29 | 21.40 | 22.48 | 24.59 | 25.67 | 27.78 | 28.86 |
| Camarilla | 22.67 | 22.97 | 23.26 | 23.55 | 23.84 | 24.14 | 24.43 |
| Woodie | 18.77 | 21.14 | 21.96 | 24.33 | 25.15 | 27.52 | 28.34 |
| Fibonacci | 21.40 | 22.62 | 23.38 | 24.59 | 25.81 | 26.57 | 27.78 |
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): | 38.56 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -11.37 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 25.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.81 | |
| Elder Ray (13): | -0.17 | |
| Super Trend (3,10): | 25.71 | |
| Zig ZAG (10): | 25.26 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 7.82 | |
| TEMA (21): | 25.30 | |
| Williams %R (14): | -87.65 | |
| Chande Momentum Oscillator (20): | -0.21 | |
| Repulse (5,40,3): | -0.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.39 |
| MA7: | 25.89 | |
| MA20: | 24.94 | |
| MA50: | 25.12 | |
| MA100: | 26.06 | |
| MAexp7: | 25.31 | |
| MAexp20: | 25.44 | |
| MAexp50: | 25.66 | |
| MAexp100: | 25.78 | |
| Price / MA7: | -2.47% | |
| Price / MA20: | +1.24% | |
| Price / MA50: | +0.52% | |
| Price / MA100: | -3.11% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -1.60% | |
| Price / MAexp100: | -2.06% |
Quotes :
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Real time data
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Gold & Silver Spot