SI Silver Futures Weekly Chart Analysis: 2026-May-07 07:07 CT
Price Action
- Last: 81.490,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: 63%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 21%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 3%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
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 88.905,
- 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: 77.220 Down Trend,
- (Short-Term) 10 Day: 78.705 Down Trend,
- (Intermediate-Term) 20 Day: 79.945 Up Trend,
- (Intermediate-Term) 55 Day: 81.965 Up Trend,
- (Long-Term) 100 Day: 46.960 Up Trend,
- (Long-Term) 200 Day: 37.922 Up Trend.
Recent Trade Signals
- 07 May 2026: Long SI 07-26 @ 78.23 Signals.USAR-MSFG
- 06 May 2026: Long SI 07-26 @ 77.62 Signals.USAR-WSFG
- 06 May 2026: Long SI 07-26 @ 75.98 Signals.USAR.TR120
- 29 Apr 2026: Short SI 07-26 @ 71.98 Signals.USAR.TR720
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Silver futures remain in a strong higher-timeframe uptrend after the sharp 2026 breakout and vertical extension toward the 104.650 resistance zone, followed by a deep but orderly retracement that held above the yearly fib NTZ and around the 80 area. The weekly structure is still constructive: price is above the 2026 F0%/NTZ band, the monthly and yearly session fib grids both bias upward, and the benchmark stack shows price trading above the rising 20-day and 55-day references. Short-term swing pivots have rolled into a down trend from the prior peak, reflecting the pullback and consolidation phase, while the latest long signals show a renewed upside bias emerging as price stabilizes above the mid-70s to low-80s area. The broader tape looks like a post-breakout digestion phase with elevated volatility, strong trend memory, and active resistance overhead at 93.135 and 104.650.
Chart Analysis ATS AI Generated: 2026-05-07 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.