SILVER - SHORT TERM INDICATORS

(UPDATED AS OF THE U.S. CLOSE ON FRIDAY, FEBRUARY 5)

Stochastics Trading near low levels
Relative Strength At 21 from 25 yesterday
Parabolic Time/Price Index  Changed to declining trend January 20
Momentum  Trading near low levels
MACD Falling back toward neutral
Commodity Channel Index   Trading under neutral
40 day moving average Below the average 

The indicators are negative although approaching oversold.

Click here for more complete comments in the Technical Forecast and Summary.

For a computerized analysis of the technical indicators, go to the March chart - scroll under the chart to read the technical analysis (this is an unrelated web site). 

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