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Silver Futures Bullish By 5% In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 5.54% for the last 10 sessions. At 01:52 EST on Tuesday, 5 March, Silver (SI) is $24.01.

Volume

Today’s last reported volume for Silver is 18979, 99.99% below its average volume of 10133240946.7.

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 forecast: rangebound but positive for silver – 04 March 2024. According to DailyForex on Monday, 4 March, "Throughout the early hours of Friday, Silver has fluctuated as we keep moving around and attempting to decide what to do next. "

News about

  • Crude oil falls, WTI back below $79.00 and threatens to sink back into congestion. According to FXStreet on Monday, 4 March, "West Texas Intermediate (WTI) US Crude Oil softened on Monday, testing below $79.00 per barrel and markets pull back from the recent bullish pop out of near-term congestion that has seen barrel bids grind slowly higher.", "The US is producing record amounts of Crude Oil, and US Crude oIl stocks have been swamping refinery supply lines recently, keeping topside Crude Oil momentum limited."

More news about Silver (SI).

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