SILVER FULL0325 - 15 min. - Technical analysis published on 09/24/2024 (GMT)
- 111
- 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:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 31.102 USD
My targets
31.533 USD (+1.00%)
31.982 USD (+2.44%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SILVER FULL1224 as long as the price remains well above 31.102 USD. The buyers' bullish objective is set at 31.533 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.982 USD. If there is any crossing, the next objective would be the resistance located at 32.413 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.5
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 Ionyx. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SILVER FULL1224 price is 31.220 USD. On the day, this instrument gained +0.43% and was traded between 30.960 USD and 31.520 USD over the period. The price is currently at +0.84% from its lowest and -0.95% from its highest.30.960
31.520
31.220
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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
Technical
Technical analysis of SILVER FULL1224 in 15 min. shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
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.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
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:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 28.853 | 30.035 | 30.512 | 31.220 | 31.468 | 31.755 | 32.683 |
| Change (%) | -7.58% | -3.80% | -2.27% | - | +0.79% | +1.71% | +4.69% |
| Change | -2.367 | -1.185 | -0.708 | - | +0.248 | +0.535 | +1.463 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | 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 | 29.773 | 30.222 | 30.653 | 31.102 | 31.533 | 31.982 | 32.413 |
| Camarilla | 30.843 | 30.924 | 31.004 | 31.085 | 31.166 | 31.246 | 31.327 |
| Woodie | 29.765 | 30.218 | 30.645 | 31.098 | 31.525 | 31.978 | 32.405 |
| Fibonacci | 30.222 | 30.558 | 30.766 | 31.102 | 31.438 | 31.646 | 31.982 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.722 | 29.378 | 30.442 | 31.098 | 32.162 | 32.818 | 33.882 |
| Camarilla | 31.032 | 31.190 | 31.347 | 31.505 | 31.663 | 31.820 | 31.978 |
| Woodie | 28.925 | 29.480 | 30.645 | 31.200 | 32.365 | 32.920 | 34.085 |
| Fibonacci | 29.378 | 30.035 | 30.441 | 31.098 | 31.755 | 32.161 | 32.818 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.534 | 25.272 | 27.254 | 28.992 | 30.974 | 32.712 | 34.694 |
| Camarilla | 28.213 | 28.554 | 28.895 | 29.236 | 29.577 | 29.918 | 30.259 |
| Woodie | 23.656 | 25.333 | 27.376 | 29.053 | 31.096 | 32.773 | 34.816 |
| Fibonacci | 25.272 | 26.693 | 27.571 | 28.992 | 30.413 | 31.291 | 32.712 |
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): | 49.51 | |
| MACD (12,26,9): | -0.0110 | |
| Directional Movement: | -0.596 | |
| AROON (14): | -21.429 | |
| DEMA (21): | 31.191 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.015 | |
| Elder Ray (13): | -0.011 | |
| Super Trend (3,10): | 31.341 | |
| Zig ZAG (10): | 31.170 | |
| VORTEX (21): | 0.9060 | |
| Stochastique (14,3,5): | 54.45 | |
| TEMA (21): | 31.162 | |
| Williams %R (14): | -31.37 | |
| Chande Momentum Oscillator (20): | 0.135 | |
| Repulse (5,40,3): | -0.0530 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0050 | |
| Courbe Coppock: | 0.36 |
| MA7: | 31.143 | |
| MA20: | 29.876 | |
| MA50: | 29.458 | |
| MA100: | 30.242 | |
| MAexp7: | 31.189 | |
| MAexp20: | 31.206 | |
| MAexp50: | 31.192 | |
| MAexp100: | 31.184 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | +4.50% | |
| Price / MA50: | +5.98% | |
| Price / MA100: | +3.23% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.12% |
Quotes :
-
10 min delayed data
-
COMEX Futures
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 FULL0325 - 15 min.