
SI Silver Futures Daily Chart Analysis: 2026-May-08 07:06 CT
Price Action
- Last: 81.205,
- Bars: Large,
- Mom: average.
WSFG Weekly
- Short-Term
- WSFG Current: 67%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 20%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 1%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt High 82.675,
- 4. Pvt. Next: Pvt Low 75.955,
- 5. Levels R: 122.905, 97.805, 90.890, 83.750, 82.675,
- 6. Levels S: 71.310, 61.715, 49.840, 47.300, 43.270.
Daily Benchmarks
- (Short-Term) 5 Day: 76.205 Up Trend,
- (Short-Term) 10 Day: 75.335 Up Trend,
- (Intermediate-Term) 20 Day: 77.015 Up Trend,
- (Intermediate-Term) 55 Day: 77.370 Up Trend,
- (Long-Term) 100 Day: 80.480 Up Trend,
- (Long-Term) 200 Day: 64.165 Up Trend.
Additional Metrics
Recent Trade Signals
- 08 May 2026: Long SI 07-26 @ 80.995 Signals.USAR-MSFG
- 07 May 2026: Long SI 07-26 @ 80.965 Signals.USAR.TR720
- 06 May 2026: Long SI 07-26 @ 77.62 Signals.USAR-WSFG
- 06 May 2026: Long SI 07-26 @ 75.98 Signals.USAR.TR120
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Silver is holding a constructive swing structure after the sharp late-winter volatility and spring retracement, with price recovering back above the key daily benchmark cluster and sitting above the weekly, monthly, and yearly session fib biases. The pivot structure remains aligned to an uptrend, with the latest swing high established near 82.675 and the next downside pivot reference at 75.955, showing a market that has rebuilt support after the March pullback and April consolidation. Daily moving averages are stacked in a broadly supportive posture, while the recent sequence of long signals across TR120, WSFG, TR720, and MSFG reflects improving trend alignment from short-term through longer-term swing conditions. Overall, the tape suggests a bullish recovery phase with compression under recent highs and continued acceptance above the mid-70s to low-80s area.
Chart Analysis ATS AI Generated: 2026-05-08 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.