SI Silver Futures Daily Chart Analysis: 2026-Apr-24 07:06 CT

Price Action

• Last: 75.915,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -50%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -38%
• 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 73.445,
• 4. Pvt. Next: Pvt high 80.805,
• 5. Levels R: 122.400, 97.300, 90.385, 83.245,
• 6. Levels S: 73.445, 61.210, 48.735, 42.785.

Daily Benchmarks

• (Short-Term) 5 Day: 75.886 Down Trend,
• (Short-Term) 10 Day: 77.185 Down Trend,
• (Intermediate-Term) 20 Day: 77.533 Down Trend,
• (Intermediate-Term) 55 Day: 75.715 Down Trend,
• (Long-Term) 100 Day: 78.505 Down Trend,
• (Long-Term) 200 Day: 69.906 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: Bearish,
• Long-Term: Bearish.

Key Insights Summary

Silver futures are currently in a corrective phase, with price action showing a slow momentum and medium-sized bars, indicating a lack of strong directional conviction. The short-term and intermediate-term trends are both down, as confirmed by the swing pivot structure (DTrend) and all key moving averages (5, 10, 20, 55, 100-day) trending lower. Price is trading below the weekly and yearly session fib grid centers, reinforcing the bearish bias, while the monthly grid shows a minor uptrend but with price now below key moving averages. The most recent swing pivot is a low at 73.445, with the next resistance pivot at 80.805, and major resistance levels remain well above current price. The ATR and volume metrics suggest moderate volatility and average participation. Recent trade signals show a failed attempt at a long, quickly followed by a short signal, reflecting the prevailing downside pressure. Overall, the technical landscape points to a bearish environment across all timeframes, with the market potentially seeking support at lower swing levels unless a significant reversal develops.