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

(VIANEWS) – Silver (SI) has been up by 9.64% for the last 21 sessions. At 01:52 EST on Tuesday, 5 December, Silver (SI) is $24.90.

Volume

Today’s last reported volume for Silver is 110206, 99.99% below its average volume of 11107585521.19.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 2.24%, 0.73%, and 1.34%, respectively.

Silver’s highest amplitude of average volatility was 2.24% (last week), 1.36% (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 oversold (<=20).

News about

  • Crude oil: weekly forecast 3rd December – 9th December – 03 December 2023. According to DailyForex on Sunday, 3 December, "Thursday’s selloff looks rather suspicious and may have been an attempt by some large WTI Crude Oil players to force short term buyers out of the marketplace. ", "Speculators who want to want to wager on developing upside in WTI Crude Oil cannot be blamed. "
  • Crude oil forecast: looks rangebound – 04 December 2023. According to DailyForex on Monday, 4 December, "Starting with the West Texas Intermediate Crude Oil market, Friday’s trading session was marked by extreme volatility, reflecting the ongoing challenges that the crude oil sector is grappling with. "

More news about Silver (SI).

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