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Silver Futures Is 8% Down In The Last 21 Sessions

(VIANEWS) – Silver (SI) has been up by 8.79% for the last 21 sessions. At 10:50 EST on Tuesday, 7 February, Silver (SI) is $22.27.

Volume

Today’s last reported volume for Silver is 29877, 99.99% below its average volume of 14743382483.58.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.23%, a positive 0.63%, and a positive 1.80%, respectively.

Silver’s highest amplitude of average volatility was 0.99% (last week), 1.30% (last month), and 1.80% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Silver’s commodity is considered to be overbought (>=80).

Previous days news about Silver (SI)

  • Silver price analysis: xag/usd bounces off $22.30-25 support confluence. According to FXStreet on Monday, 6 February, "Adding strength to the recovery moves is the downbeat RSI (14) that challenges Silver bears.", "However, bearish MACD signals join the quote’s sustained downside break of the 61.8% Fibonacci retracement level surrounding $23.40, also known as the golden level, which keeps the Silver bears hopeful."

More news about Silver (SI).

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