SI Silver Futures Weekly Chart Analysis: 2026-May-01 07:07 CT
Price Action
- Last: 79.279,
- Bars: Large,
- Mom: fast.
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 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
- 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: Bullish.
Key Insights Summary
Silver has staged a major multi-month expansion, but the weekly structure is now in a corrective phase after the sharp vertical advance into the 90s and 100s. Price is holding above the rising 55-day, 100-day, and 200-day benchmarks, which keeps the broader tape constructive, yet the short-term pivot stack and both weekly and monthly fib grids are still pointing down from the recent high. The latest action shows a fast retracement and consolidation below the 10-day and near the 20-day, with the market working through prior breakout levels around the 70s and testing the post-spike acceptance zone. The pivot sequence remains in a DTrend with the next upside pivot still above the market, while the nearest support cluster sits in the low-60s to high-40s from prior swing lows and fib references. Recent signal flow is mixed intraday-to-swing, but the dominant weekly tone is still corrective after an extended rally, while the long-term trend remains supported by the higher moving averages and the broader uptrend from the 2024–2026 base.
Chart Analysis ATS AI Generated: 2026-05-01 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.