SI Silver Futures Daily Chart Analysis: 2026-Feb-05 07:17 CT

Price Action

• Last: 74.790,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -42%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 121.785,
• 4. Pvt. Next: Pvt low 69.315,
• 5. Levels R: 121.785, 86.315, 82.015,
• 6. Levels S: 71.200, 69.255, 46.180.

Daily Benchmarks

• (Short-Term) 5 Day: 87.533 Down Trend,
• (Short-Term) 10 Day: 87.035 Down Trend,
• (Intermediate-Term) 20 Day: 91.672 Down Trend,
• (Intermediate-Term) 55 Day: 76.883 Up Trend,
• (Long-Term) 100 Day: 61.882 Up Trend,
• (Long-Term) 200 Day: 49.846 Up Trend.

Additional Metrics

• ATR:165,
• VOLMA:55116.

Recent Trade Signals

• 05 Feb 2026: Short SI 03-26 @ 79.37 Signals.USAR-WSFG
• 02 Feb 2026: Short SI 03-26 @ 78.655 Signals.USAR-MSFG
• 30 Jan 2026: Short SI 03-26 @ 107.775 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Neutral.

Key Insights Summary

Silver futures have experienced a sharp reversal from a major swing high at 121.785, with recent price action characterized by large, fast-moving bars to the downside. All session fib grid trends (weekly, monthly, yearly) are aligned to the downside, with price trading well below the NTZ/F0% levels, confirming a strong bearish bias in both short- and intermediate-term timeframes. The swing pivot structure has shifted to a dominant downtrend, with the next key support at 69.315 and resistance levels far overhead, indicating significant downside momentum and a lack of immediate overhead supply. Daily benchmarks show all short- and intermediate-term moving averages trending down, while long-term averages remain in uptrends, suggesting the longer-term bull trend is being tested but not yet fully reversed. Volatility is elevated (ATR 165), and volume remains robust, reflecting heightened activity during this selloff. Recent trade signals have all triggered short entries, reinforcing the prevailing bearish momentum. Overall, the market is in a corrective phase after a parabolic rally, with the potential for further downside as the trend remains under pressure across multiple timeframes.