SI Silver Futures Daily Chart Analysis: 2026-May-05 07:06 CT
Price Action
- Last: 74.075,
- Bars: Large,
- Mom: Slow.
WSFG Weekly
- Short-Term
- WSFG Current: -29%
- 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 77.920,
- 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: 73.965 Down Trend,
- (Short-Term) 10 Day: 75.350 Down Trend,
- (Intermediate-Term) 20 Day: 76.725 Down Trend,
- (Intermediate-Term) 55 Day: 77.400 Down Trend,
- (Long-Term) 100 Day: 80.070 Down Trend,
- (Long-Term) 200 Day: 63.630 Up Trend.
Additional Metrics
Recent Trade Signals
- 04 May 2026: Short SI 07-26 @ 74.32 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: Neutral.
Key Insights Summary
Silver is trading below the weekly, monthly, and yearly fib-grid midlines, with all three session grids holding a downtrend posture and price sitting under the NTZ/F0% reference zone. The swing structure remains bearish, with the current pivot trend and HiLo trend both aligned lower, while the next opposing pivot is a higher pivot high near 77.920. Daily benchmarks are stacked bearishly as price sits below the 5, 10, 20, 55, and 100-day averages, reinforcing a weak-to-soft technical backdrop even though the 200-day remains below price and still slopes up. The chart reflects a sharp prior rally and unwind, followed by a broad consolidation and another rollover, leaving the current action in a lower-high, lower-low framework with muted momentum and mixed rotational behavior near the mid-70s.
Chart Analysis ATS AI Generated: 2026-05-05 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.