SILVER - USD - 15 min. - Technical analysis published on 07/26/2024 (GMT)
- 151
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
6%
50%
My opinion
Bearish under 28.06 USD
My targets
27.20 USD (-2.08%)
26.57 USD (-4.37%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 28.06 USD remains possible. It is advisable to trade SILVER - USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 28.06 USD. The next bearish objective for sellers is set at 27.20 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 26.57 USD. In case of crossing, the next objective would be the support located at 25.71 USD. PS: if there is a bullish break in the resistance located at 28.06 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.8
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.
This analysis was given by KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SILVER - USD price is 27.78 USD. The price registered a decrease of -0.22% on the session with the lowest point at 27.58 USD and the highest point at 28.07 USD. The deviation from the price is +0.73% for the low point and -1.03% for the high point.27.58
28.07
27.78
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this SILVER - USD chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 26.20 | 27.42 | 27.74 | 27.78 | 28.72 | 29.44 | 29.77 |
| Change (%) | -5.69% | -1.30% | -0.14% | - | +3.38% | +5.98% | +7.16% |
| Change | -1.58 | -0.36 | -0.04 | - | +0.94 | +1.66 | +1.99 |
| Level | Major | Major | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.71 | 26.57 | 27.20 | 28.06 | 28.69 | 29.55 | 30.18 |
| Camarilla | 27.43 | 27.57 | 27.70 | 27.84 | 27.98 | 28.11 | 28.25 |
| Woodie | 25.61 | 26.51 | 27.10 | 28.00 | 28.59 | 29.49 | 30.08 |
| Fibonacci | 26.57 | 27.14 | 27.49 | 28.06 | 28.63 | 28.98 | 29.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.70 | 27.28 | 28.26 | 29.84 | 30.82 | 32.40 | 33.38 |
| Camarilla | 28.53 | 28.76 | 29.00 | 29.23 | 29.47 | 29.70 | 29.93 |
| Woodie | 25.39 | 27.13 | 27.95 | 29.69 | 30.51 | 32.25 | 33.07 |
| Fibonacci | 27.28 | 28.26 | 28.87 | 29.84 | 30.82 | 31.43 | 32.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.98 | 26.77 | 27.96 | 29.75 | 30.94 | 32.73 | 33.92 |
| Camarilla | 28.32 | 28.59 | 28.87 | 29.14 | 29.41 | 29.69 | 29.96 |
| Woodie | 24.67 | 26.62 | 27.65 | 29.60 | 30.63 | 32.58 | 33.61 |
| Fibonacci | 26.77 | 27.91 | 28.62 | 29.75 | 30.89 | 31.60 | 32.73 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.43 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.97 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 27.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.71 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 27.89 | |
| Zig ZAG (10): | 27.77 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 69.36 | |
| TEMA (21): | 27.77 | |
| Williams %R (14): | -28.57 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.55 |
| MA7: | 28.82 | |
| MA20: | 30.00 | |
| MA50: | 30.09 | |
| MA100: | 28.48 | |
| MAexp7: | 27.77 | |
| MAexp20: | 27.76 | |
| MAexp50: | 27.79 | |
| MAexp100: | 27.89 | |
| Price / MA7: | -3.61% | |
| Price / MA20: | -7.40% | |
| Price / MA50: | -7.68% | |
| Price / MA100: | -2.46% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.39% |
Quotes :
-
Real time data
-
Gold & Silver Spot
News
The last news published on SILVER - USD at the time of the generation of this analysis 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
-
Silver Technical Analysis for December 09 2016 by FXEmpire.com
-
Silver Technical Analysis for December 08 2016 by FXEmpire.com
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis SILVER - USD - 15 min.