
SI Silver Futures Daily Chart Analysis: 2026-May-01 07:06 CT
Price Action
- Last: 74.005,
- Bars: Small,
- Mom: slow.
WSFG Weekly
- Short-Term
- WSFG Current: -22%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -2%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: -56%
- 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 71.310,
- 4. Pvt. Next: Pvt High 77.980,
- 5. Levels R: 122.905, 97.805, 90.890, 83.750,
- 6. Levels S: 71.310, 61.715, 49.840, 47.300, 43.270.
Daily Benchmarks
- (Short-Term) 5 Day: 74.47 Down Trend,
- (Short-Term) 10 Day: 76.67 Down Trend,
- (Intermediate-Term) 20 Day: 76.57 Down Trend,
- (Intermediate-Term) 55 Day: 77.585 Down Trend,
- (Long-Term) 100 Day: 79.765 Down Trend,
- (Long-Term) 200 Day: 63.285 Up Trend.
Additional Metrics
Recent Trade Signals
- 30 Apr 2026: Long SI 07-26 @ 74.13 Signals.USAR.TR120
- 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 is trading below the weekly, monthly, and yearly F0%/NTZ reference zones, keeping the larger structure in a persistent downtrend. Price is sitting near the 74 handle after a controlled rebound from the mid-60s area, but the daily benchmark stack remains bearish with all key moving averages sloping lower and price still below the 20, 55, and 100 day lines. Swing pivot structure also remains bearish, with lower highs dominating the active pivot sequence and resistance clustered overhead in the 77.98 to 83.75 zone, while support is defined first near 71.31 and then lower into the 61.715 area. The recent price path shows a sharp decline from the late-March peak, followed by a choppy April base and a modest recovery attempt, which keeps the market in a counter-trend repair phase rather than a confirmed reversal.
Chart Analysis ATS AI Generated: 2026-05-01 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.