Silver Futures Bullish Momentum With A 9% Jump In The Last 21 Sessions

(VIANEWS) – Silver (SI) has been up by 9.24% for the last 21 sessions. At 07:50 EST on Saturday, 9 March, Silver (SI) is $24.53.

Volume

Today’s last reported volume for Silver is 83512, 99.99% below its average volume of 10238905352.03.

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

  • WTI hovers around $78.50 after recent gains on US crude oil stocks change. According to FXStreet on Thursday, 7 March, "US Energy Information Administration (EIA) showed that Crude Oil Stocks Change rose for a sixth week in a row, building by 1.367 million barrels against the expected 2.116 million barrels and 4.199 million barrels prior. ", "Additionally, US API Weekly Crude Oil Stock data reported build-in stockpiles of 0.423 million barrels, contrary to market expectations of a decrease to 2.6 million barrels from the previous 8.428 million barrels."

More news about Silver (SI).

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