Silver Futures Bullish By 10% In The Last 21 Sessions

(VIANEWS) – Silver (SI) has been up by 10.89% for the last 21 sessions. At 11:50 EST on Sunday, 2 June, Silver (SI) is $30.56.

Volume

Today’s last reported volume for Silver is 109663, 99.99% below its average volume of 9654980437.05.

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 extends losses to near $31.00 due to market caution. According to FXStreet on Friday, 31 May, "If the data continues to soften, it could reignite the debate over potential rate cuts in September, which could help Silver limit its downside."
  • Silver price analysis: oscillating within an uptrend. According to FXStreet on Friday, 31 May, "That said, in the very near term Silver could pull back down to support at around the $30.00 level - the highs of a four-year-long consolidation range."

More news about Silver (SI).

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