SI Silver Futures Daily Chart Analysis: 2026-Apr-23 07:08 CT

Price Action

• Last: 75.230,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -53%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: 4%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -41%
• 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 Low 75.230,
• 4. Pvt. Next: Pvt High 81.370,
• 5. Levels R: 122.400, 97.300, 90.385, 83.245,
• 6. Levels S: 61.210, 61.740, 48.335, 42.785, 42.705.

Daily Benchmarks

• (Short-Term) 5 Day: 78.701 Down Trend,
• (Short-Term) 10 Day: 78.238 Down Trend,
• (Intermediate-Term) 20 Day: 75.395 Up Trend,
• (Intermediate-Term) 55 Day: 75.425 Down Trend,
• (Long-Term) 100 Day: 78.896 Down Trend,
• (Long-Term) 200 Day: 72.285 Up Trend.

Additional Metrics

• ATR: 165,
• VOLMA: 55116.

Recent Trade Signals

• 22 Apr 2026: Short SI 05-26 @ 77.955 Signals.USAR-WSFG
• 20 Apr 2026: Long SI 05-26 @ 79.88 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Silver futures are currently experiencing a corrective phase after a recent swing high, with price action showing a slow momentum and medium-sized bars. The short-term trend is bearish, confirmed by both the WSFG and swing pivot metrics, as well as the 5 and 10-day moving averages trending down. The intermediate-term picture is mixed: while the monthly session fib grid (MSFG) trend is up and the 20-day MA is holding an uptrend, the 55-day MA and swing pivot HiLo trend remain down, suggesting a neutral stance as the market consolidates above key support. Long-term signals remain bearish, with the yearly fib grid and 100-day MA both trending down. Resistance is stacked well above current price, while support levels are clustered lower, indicating potential for further downside if current support fails. Recent trade signals reflect this volatility, with a quick reversal from long to short in the last few sessions. Overall, the market is in a corrective or consolidation phase, with short-term pressure to the downside, intermediate-term indecision, and a bearish long-term structure.