Silver Futures Bullish Momentum With A 2% Rise In The Last 5 Sessions

(VIANEWS) – Silver (SI) has been up by 2.64% for the last 5 sessions. At 23:52 EST on Wednesday, 11 September, Silver (SI) is $29.02.

Volume

Today’s last reported volume for Silver is 4252, 99.99% below its average volume of 8830144480.48.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 1.24%, 0.75%, and 1.40%, respectively.

Silver’s highest amplitude of average volatility was 1.24% (last week), 1.17% (last month), and 1.40% (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 oversold (<=20).

News about

  • Crude oil bears over 8% loss for September. According to FXStreet on Wednesday, 11 September, "At the time of writing, Crude Oil (WTI) trades at $65.52and Brent Crude at $69.16"
  • Crude oil eases slightly ahead of OPEC monthly report. According to FXStreet on Tuesday, 10 September, "At the time of writing, Crude Oil (WTI) trades at $67.37 and Brent Crude at $70.95"
  • According to FXStreet on Thursday, 12 September, "EIA data showed that Crude Oil Stocks rose by 0.833 million barrels for the week ending September 6, slightly below the forecasted increase of 0.9 million barrels."

More news about Silver (SI).

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