(VIANEWS) – Silver (SI) is currently on bearish momentum. At 05:51 EST on Saturday, 2 July, Silver (SI) is at $19.78 and 2.5% down since the last session’s close.

Volume

Today’s last reported volume for Silver is 71675, 99.99% below its average volume of 20162388164.46.

Silver Range

Regarding Silver’s daily highs and lows, it’s 2.461% up from its trailing 24 hours low of $19.30 and 2.538% down from its trailing 24 hours high of $20.29.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.69%, a negative 0.24%, and a positive 1.21%, respectively.

Silver’s highest amplitude of average volatility was 0.71% (last week), 1.21% (last month), and 1.21% (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).

Last news about Silver (SI)

  • Silver miners (sil) pullback nearing support. According to FXStreet on Wednesday, 29 June, "Since bottoming on March 2020 low, Silver Miners ETF (SIL) has continued to extend lower to correct the cycle from March 2020 low. ", "We can see the double three correction in the daily chart of Silver Miners ETF (SIL)."

News about Crude Oil

  • WTI crude oil forecast: July 2022 – 30 June 2022. According to DailyForex on Thursday, 30 June, "The West Texas Intermediate Crude Oil market has been bullish for some time, but that does not necessarily mean that it has gone straight up in the air. "
  • According to FXStreet on Wednesday, 29 June, "The weekly prints of the American Petroleum Institute’s (API) Crude Oil Stock data for the period ended on June 24 flashed a reduction of 3.799 million barrels versus the previous addition of 5.607M, not to forget expectations of -0.106M."
  • WTI crude oil forecast: price breaks above 50-day EMA – 29 June 2022. According to DailyForex on Wednesday, 29 June, "The West Texas Intermediate Crude Oil market has rallied again on Tuesday to break above the 50-day EMA. "

More news about Silver (SI).

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