SILVER - USD - 15 min. - Technical analysis published on 04/19/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 28.34 USD
My targets
28.02 USD (-0.78%)
27.81 USD (-1.52%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on SILVER - USD as long as the price remains well below 28.34 USD. The next bearish objective for sellers is set at 28.02 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 27.81 USD. If there is any crossing, the next objective would be the support located at 27.49 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.5
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This analysis was given by KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SILVER - USD rating is 28.24 USD. The price registered an increase of +0.04% on the session with the lowest point at 28.06 USD and the highest point at 28.94 USD. The deviation from the price is +0.64% for the low point and -2.42% for the high point.28.06
28.94
28.24
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of SILVER - USD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.75 | 27.95 | 28.14 | 28.24 | 28.53 | 28.81 | 29.23 |
| Change (%) | -1.74% | -1.03% | -0.35% | - | +1.03% | +2.02% | +3.51% |
| Change | -0.49 | -0.29 | -0.10 | - | +0.29 | +0.57 | +0.99 |
| Level | Minor | Minor | Intermediate | - | Major | 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 | 27.49 | 27.81 | 28.02 | 28.34 | 28.55 | 28.87 | 29.08 |
| Camarilla | 28.08 | 28.13 | 28.18 | 28.23 | 28.28 | 28.33 | 28.38 |
| Woodie | 27.44 | 27.78 | 27.97 | 28.31 | 28.50 | 28.84 | 29.03 |
| Fibonacci | 27.81 | 28.01 | 28.14 | 28.34 | 28.54 | 28.67 | 28.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.61 | 25.24 | 26.55 | 28.18 | 29.49 | 31.12 | 32.43 |
| Camarilla | 27.06 | 27.33 | 27.60 | 27.87 | 28.14 | 28.41 | 28.68 |
| Woodie | 23.46 | 25.16 | 26.40 | 28.10 | 29.34 | 31.04 | 32.28 |
| Fibonacci | 25.24 | 26.36 | 27.05 | 28.18 | 29.30 | 29.99 | 31.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.77 | 21.14 | 23.05 | 24.42 | 26.33 | 27.70 | 29.61 |
| Camarilla | 24.07 | 24.37 | 24.67 | 24.97 | 25.27 | 25.57 | 25.87 |
| Woodie | 20.05 | 21.28 | 23.33 | 24.56 | 26.61 | 27.84 | 29.89 |
| Fibonacci | 21.14 | 22.39 | 23.16 | 24.42 | 25.67 | 26.44 | 27.70 |
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): | 52.48 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -2.04 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 28.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.08 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 28.46 | |
| Zig ZAG (10): | 28.26 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 78.12 | |
| TEMA (21): | 28.26 | |
| Williams %R (14): | -28.12 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.31 |
| MA7: | 28.31 | |
| MA20: | 26.90 | |
| MA50: | 24.93 | |
| MA100: | 24.16 | |
| MAexp7: | 28.27 | |
| MAexp20: | 28.29 | |
| MAexp50: | 28.31 | |
| MAexp100: | 28.33 | |
| Price / MA7: | -0.25% | |
| Price / MA20: | +4.98% | |
| Price / MA50: | +13.28% | |
| Price / MA100: | +16.89% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.18% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | -0.32% |
Quotes :
-
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
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Silver Technical Analysis for December 12 2016 by FXEmpire.com
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Silver Technical Analysis for December 09 2016 by FXEmpire.com
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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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