SI Silver Futures Weekly Chart Analysis: 2026-Apr-30 07:07 CT

Price Action

Last: 74.085,
Bars: Medium,
Mom: average.

WSFG Weekly

Short-Term
WSFG Current: -25%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Apr

Intermediate-Term
MSFG Current: -2%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -57%
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 61.715,
4. Pvt. Next: Pvt High 90.605,
5. Levels R: 104.650, 93.135,
6. Levels S: 61.715, 49.840, 47.300, 30.485, 26.940.

Weekly Benchmarks

(Short-Term) 5 Day: 75.995 Up Trend,
(Short-Term) 10 Day: 79.405 Down Trend,
(Intermediate-Term) 20 Day: 79.280 Down Trend,
(Intermediate-Term) 55 Day: 61.430 Up Trend,
(Long-Term) 100 Day: 46.545 Up Trend,
(Long-Term) 200 Day: 37.670 Up Trend.

Recent Trade Signals

29 Apr 2026: Short SI 07-26 @ 71.98 Signals.USAR.TR720
29 Apr 2026: Short SI 07-26 @ 74.07 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Silver futures are in a broad upside cycle that has recently transitioned into a sharp corrective phase from the 2026 peak, with price now trading back below the yearly NTZ/F0% region and under the short- and intermediate-term swing structure. The weekly pivot framework is firmly in DTrend, and the benchmark stack shows price below the 10-day and 20-day measures while still holding above the longer 55-, 100-, and 200-day averages, reflecting a powerful but now cooling trend leg. The recent selloff has created a lower-high, lower-low sequence beneath the 93.135 and 104.650 resistance zone, while 61.715 remains the key swing low reference on the chart. Overall, the tape is bearish across the short, intermediate, and long horizons, with the dominant theme being a retracement from an extended breakout rather than a clean basing pattern.