(VIANEWS) – Silver (SI) has been up by 2.87% for the last 5 sessions. At 02:52 EST on Thursday, 27 June, Silver (SI) is $28.73.
Volume
Today’s last reported volume for Silver is 1059, 99.99% below its average volume of 9298406301.71.
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).
Previous days news about Silver (SI)
- Silver price forecast: xag/usd falls toward $29.50, followed by a 50-day EMA. According to FXStreet on Tuesday, 25 June, "On the downside, the Silver price may find immediate support around the 50-day Exponential Moving Average (EMA) at $29.01 level. ", "In terms of resistance, the Silver price may find the immediate barrier at the significant level of $30.00, followed by the upper boundary of the descending channel at $30.50. "
- Silver price analysis: declining in a falling channel. According to FXStreet on Wednesday, 26 June, "If Silver breaks below $28.66 it will confirm it is in a short-term downtrend and probably continue to decline substantially lower. ", "The caveat is that Silver did temporarily break out of its channel on June 21, and although it failed to follow-through higher the fact it breached the channel’s upper borderline suggests the integrity of the falling channel has been compromised. "
More news about Silver (SI).
