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Silver Futures Bearish Momentum With A 7% Drop In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 7.03% for the last 10 sessions. At 04:51 EST on Monday, 11 December, Silver (SI) is $23.35.

Volume

Today’s last reported volume for Silver is 1308, 99.99% below its average volume of 11107585803.21.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.14%, a positive 0.87%, and a positive 1.34%, respectively.

Silver’s highest amplitude of average volatility was 0.80% (last week), 1.41% (last month), and 1.34% (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).

News about

  • Crude oil: weekly forecast 10th December – 16th December – 10 December 2023. According to DailyForex on Sunday, 10 December, "The urge to be part of a strong reversal higher and capture solid profits in WTI Crude Oil is certainly tempting, but it also may lead to staggeringly bad losses if a speculator is not careful. ", "If WTI Crude Oil actually tracks lower and the 70.000 comes into view again this would be dangerous. "

More news about Silver (SI).

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