Londinia Opportunities Analyses - 01/26/2023 (GMT) SILVER FULL0524 - 1H
-
USD
(-)
-
10 min delayed data - COMEX Futures
| Type: | Futures |
| Ticker: | SIXXXX |
| ISIN: | SIXXXX |
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 23.775 USD
My targets
24.299 USD (+1.12%)
24.440 USD (+1.71%)
My analysis
SILVER FULL0323 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 23.775 USD. The next resistance located at 24.299 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 24.440 USD. After this resistance, buyers could then target 24.670 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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 FULL0323 rating is 24.030 USD. The price has increased by +0.37% since the last closing with the lowest point at 23.690 USD and the highest point at 24.415 USD. The deviation from the price is +1.44% for the low point and -1.58% for the high point.23.690
24.415
24.030
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
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 (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of SILVER FULL0323 indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 23.270 | 23.435 | 23.775 | 24.030 | 24.079 | 24.299 | 24.440 |
| Change (%) | -3.16% | -2.48% | -1.06% | - | +0.20% | +1.12% | +1.71% |
| Change | -0.760 | -0.595 | -0.255 | - | +0.049 | +0.269 | +0.410 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Major |
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 | 22.941 | 23.190 | 23.566 | 23.815 | 24.191 | 24.440 | 24.816 |
| Camarilla | 23.769 | 23.826 | 23.884 | 23.941 | 23.998 | 24.056 | 24.113 |
| Woodie | 23.004 | 23.222 | 23.629 | 23.847 | 24.254 | 24.472 | 24.879 |
| Fibonacci | 23.190 | 23.429 | 23.577 | 23.815 | 24.054 | 24.202 | 24.440 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.847 | 22.558 | 23.247 | 23.958 | 24.647 | 25.358 | 26.047 |
| Camarilla | 23.550 | 23.678 | 23.807 | 23.935 | 24.063 | 24.192 | 24.320 |
| Woodie | 21.835 | 22.553 | 23.235 | 23.953 | 24.635 | 25.353 | 26.035 |
| Fibonacci | 22.558 | 23.093 | 23.424 | 23.958 | 24.493 | 24.824 | 25.358 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.310 | 21.250 | 22.645 | 23.585 | 24.980 | 25.920 | 27.315 |
| Camarilla | 23.398 | 23.612 | 23.826 | 24.040 | 24.254 | 24.468 | 24.682 |
| Woodie | 20.538 | 21.364 | 22.873 | 23.699 | 25.208 | 26.034 | 27.543 |
| Fibonacci | 21.250 | 22.142 | 22.693 | 23.585 | 24.477 | 25.028 | 25.920 |
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): | 55.73 | |
| MACD (12,26,9): | 0.0510 | |
| Directional Movement: | 16.064 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 24.014 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.877 | |
| Elder Ray (13): | 0.054 | |
| Super Trend (3,10): | 23.695 | |
| Zig ZAG (10): | 24.035 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 48.51 | |
| TEMA (21): | 24.027 | |
| Williams %R (14): | -52.41 | |
| Chande Momentum Oscillator (20): | 0.260 | |
| Repulse (5,40,3): | 0.0030 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0260 | |
| Courbe Coppock: | 1.00 |
| MA7: | 23.818 | |
| MA20: | 23.926 | |
| MA50: | 23.205 | |
| MA100: | 21.502 | |
| MAexp7: | 24.005 | |
| MAexp20: | 23.946 | |
| MAexp50: | 23.871 | |
| MAexp100: | 23.845 | |
| Price / MA7: | +0.89% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +3.56% | |
| Price / MA100: | +11.76% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.67% | |
| Price / MAexp100: | +0.78% |
Quotes :
-
10 min delayed data
-
Futures COMEX