SI Silver Futures Daily Chart Analysis: 2026-Oct-16 07:09 CT

Price Action

• Last: 58.680,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -75%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -32%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -200%
• 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 55.560,
• 4. Pvt. Next: Pvt high 59.610,
• 5. Levels R: 124.115, 99.015, 92.100, 91.330, 72.860,
• 6. Levels S: 55.560, 51.050, 48.510, 44.480, 40.480.

Daily Benchmarks

• (Short-Term) 5 Day: 58.825 Down Trend,
• (Short-Term) 10 Day: 59.715 Down Trend,
• (Intermediate-Term) 20 Day: 61.780 Down Trend,
• (Intermediate-Term) 55 Day: 63.515 Down Trend,
• (Long-Term) 100 Day: 64.585 Down Trend,
• (Long-Term) 200 Day: 73.775 Down Trend.

Additional Metrics

• ATR: 165,
• VOLMA: 55116.

Recent Trade Signals

• 15 Oct 2026: Long SI 12-26 @ 57.24 Signals.USAR.TR120
• 14 Oct 2026: Short SI 12-26 @ 58.87 Signals.USAR-MSFG
• 13 Oct 2026: Short SI 12-26 @ 60.805 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

Silver remains in a broad daily-chart decline, defined by lower pivot highs, a fresh 55.560 pivot low, price below every benchmark average, and uniformly declining moving-average trends. The latest rebound from 55.560 is a short-term bounce within the prevailing down structure; 59.610 is the next pivot-reversal reference, while the nearby 5- and 10-day benchmarks at 58.825 and 59.715 form immediate overhead trend pressure. Monthly, weekly, and yearly Fib-grid readings remain below their respective F0% areas, confirming bearish alignment across swing-trading time frames. ATR and volume conditions indicate active, but not climactic, price movement following the October selloff.