SILVER - USD - 1H - Technical analysis published on 08/14/2020 (GMT)
- 221
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
17%
39%
44%
My opinion
Neutral between 26.35 USD and 27.14 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on SILVER - USD. It is difficult to advise a trading direction under these conditions. The first support is located at 26.35 USD. The first resistance is located at 27.14 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by Voltron. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SILVER - USD price is 26.52 USD. On the day, this instrument lost -3.42% and was traded between 26.31 USD and 27.56 USD over the period. The price is currently at +0.80% from its lowest and -3.77% from its highest.26.31
27.56
26.52
Here is a more detailed summary of the historical variations registered by SILVER - USD:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on SILVER - USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this SILVER - USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 23.42 | 24.45 | 26.35 | 26.52 | 27.14 | 27.73 | 28.55 |
| Change (%) | -11.69% | -7.81% | -0.64% | - | +2.34% | +4.56% | +7.65% |
| Change | -3.10 | -2.07 | -0.17 | - | +0.62 | +1.21 | +2.03 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 23.90 | 24.73 | 26.09 | 26.92 | 28.28 | 29.11 | 30.47 |
| Camarilla | 26.86 | 27.06 | 27.26 | 27.46 | 27.66 | 27.86 | 28.06 |
| Woodie | 24.18 | 24.86 | 26.37 | 27.05 | 28.56 | 29.24 | 30.75 |
| Fibonacci | 24.73 | 25.56 | 26.08 | 26.92 | 27.75 | 28.27 | 29.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.17 | 8.56 | 13.09 | 21.48 | 26.01 | 34.40 | 38.93 |
| Camarilla | 14.08 | 15.26 | 16.45 | 17.63 | 18.81 | 20.00 | 21.18 |
| Woodie | -1.75 | 7.60 | 11.17 | 20.52 | 24.09 | 33.44 | 37.01 |
| Fibonacci | 8.56 | 13.49 | 16.54 | 21.48 | 26.41 | 29.46 | 34.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.24 | 17.41 | 17.36 | 17.53 | 17.48 | 17.65 | 17.60 |
| Camarilla | 17.27 | 17.28 | 17.29 | 17.30 | 17.31 | 17.32 | 17.33 |
| Woodie | 17.12 | 17.36 | 17.24 | 17.48 | 17.36 | 17.60 | 17.48 |
| Fibonacci | 17.41 | 17.46 | 17.49 | 17.53 | 17.58 | 17.61 | 17.65 |
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): | 46.48 | |
| MACD (12,26,9): | 0.2300 | |
| Directional Movement: | -9.40 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 27.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.62 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 26.27 | |
| Zig ZAG (10): | 26.59 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 35.43 | |
| TEMA (21): | 27.29 | |
| Williams %R (14): | -99.26 | |
| Chande Momentum Oscillator (20): | -0.79 | |
| Repulse (5,40,3): | -4.2500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 2.12 |
| MA7: | 24.06 | |
| MA20: | 24.72 | |
| MA50: | 20.90 | |
| MA100: | 18.43 | |
| MAexp7: | 27.01 | |
| MAexp20: | 26.97 | |
| MAexp50: | 26.66 | |
| MAexp100: | 26.68 | |
| Price / MA7: | +10.22% | |
| Price / MA20: | +7.28% | |
| Price / MA50: | +26.89% | |
| Price / MA100: | +43.90% | |
| Price / MAexp7: | -1.81% | |
| Price / MAexp20: | -1.67% | |
| Price / MAexp50: | -0.53% | |
| Price / MAexp100: | -0.60% |
Quotes :
2020-08-14 07:08:14
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Real time data
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Gold & Silver Spot
News
Don"t forget to follow the news on SILVER - USD. At the time of publication of this analysis, the latest news 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
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Silver Technical Analysis for December 09 2016 by FXEmpire.com
-
Silver Technical Analysis for December 08 2016 by FXEmpire.com
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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.
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