ISHARES SILVER TRUST
-
USD
(-)
- 15 min delayed data - NYSE MKT Stocks
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | ETF |
| Ticker: | SLV |
| ISIN: |
ISHARES SILVER TRUST - Daily - Technical analysis published on 09/17/2022 (GMT)
- 134
- 0
- 09/17/2022 - 00:46
- Timeframe : Daily
- - Analysis generated on 09/17/2022 - 00:46
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 17.75 USD and 18.34 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 18.34 USD. The first support is located at 17.75 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by ISHARES SILVER TRUST.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Clay707. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ISHARES SILVER TRUST rating 17.99 USD. The price has increased by +2.04% since the last closing with the lowest point at 17.45 USD and the highest point at 18.08 USD. The deviation from the price is +3.09% for the low point and -0.50% for the high point.17.45
18.08
17.99
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ISHARES SILVER TRUST:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ISHARES SILVER TRUST indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.78 | 16.99 | 17.75 | 17.99 | 19.72 | 20.72 | 22.26 |
| Change (%) | -17.84% | -5.56% | -1.33% | - | +9.62% | +15.18% | +23.74% |
| Change | -3.21 | -1.00 | -0.24 | - | +1.73 | +2.73 | +4.27 |
| Level | Major | Major | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.97 | 17.21 | 17.60 | 17.84 | 18.23 | 18.47 | 18.86 |
| Camarilla | 17.82 | 17.88 | 17.93 | 17.99 | 18.05 | 18.11 | 18.16 |
| Woodie | 17.05 | 17.25 | 17.68 | 17.88 | 18.31 | 18.51 | 18.94 |
| Fibonacci | 17.21 | 17.45 | 17.60 | 17.84 | 18.08 | 18.23 | 18.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.50 | 16.98 | 17.48 | 17.96 | 18.46 | 18.94 | 19.44 |
| Camarilla | 17.72 | 17.81 | 17.90 | 17.99 | 18.08 | 18.17 | 18.26 |
| Woodie | 16.52 | 16.99 | 17.50 | 17.97 | 18.48 | 18.95 | 19.46 |
| Fibonacci | 16.98 | 17.35 | 17.58 | 17.96 | 18.33 | 18.56 | 18.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.06 | 14.82 | 15.70 | 17.46 | 18.34 | 20.10 | 20.98 |
| Camarilla | 15.85 | 16.10 | 16.34 | 16.58 | 16.82 | 17.06 | 17.31 |
| Woodie | 12.62 | 14.60 | 15.26 | 17.24 | 17.90 | 19.88 | 20.54 |
| Fibonacci | 14.82 | 15.83 | 16.45 | 17.46 | 18.47 | 19.09 | 20.10 |
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): | 54.77 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | -0.07 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 17.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.73 | |
| Elder Ray (13): | 0.21 | |
| Super Trend (3,10): | 16.87 | |
| Zig ZAG (10): | 17.99 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 74.98 | |
| TEMA (21): | 17.59 | |
| Williams %R (14): | -19.82 | |
| Chande Momentum Oscillator (20): | 1.03 | |
| Repulse (5,40,3): | 0.9200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 2.43 |
| MA7: | 17.71 | |
| MA20: | 17.33 | |
| MA50: | 17.75 | |
| MA100: | 18.85 | |
| MAexp7: | 17.69 | |
| MAexp20: | 17.57 | |
| MAexp50: | 17.98 | |
| MAexp100: | 18.83 | |
| Price / MA7: | +1.58% | |
| Price / MA20: | +3.81% | |
| Price / MA50: | +1.35% | |
| Price / MA100: | -4.56% | |
| Price / MAexp7: | +1.70% | |
| Price / MAexp20: | +2.39% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | -4.46% |
Quotes :
09/16/2022 - 19:59
-
15 min delayed data
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NYSE MKT Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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