
SI Silver Futures Weekly Chart Analysis: 2026-Oct-16 07:09 CT
Price Action
- Last: 57.2026,
- Bars: Medium,
- Mom: fast.
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 66.510,
- 5. Levels R: 105.860, 94.345, 91.315, 72.050,
- 6. Levels S: 55.560, 51.050, 48.510, 31.695, 28.150, 27.375.
Weekly Benchmarks
- (Short-Term) 5 Day: 63.740 Down Trend,
- (Short-Term) 10 Day: 65.385 Down Trend,
- (Intermediate-Term) 20 Day: 64.820 Down Trend,
- (Intermediate-Term) 55 Day: 64.705 Down Trend,
- (Long-Term) 100 Day: 55.325 Up Trend,
- (Long-Term) 200 Day: 43.640 Up Trend.
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: Bullish.
Key Insights Summary
Silver remains in a fast, volatile weekly correction following the prior surge toward 105.860. The swing structure is bearish, with lower pivot highs at 94.345, 91.315, and 72.050, while price remains below the declining 5-, 10-, 20-, and 55-week benchmarks. The 55.560 pivot low is the immediate structural support, with 51.050 and 48.510 beneath it; 66.510 is the next pivot-reversal reference above price. Despite the short- and intermediate-term decline, price remains marginally above the rising 100-week average and well above the rising 200-week average, preserving the broader long-term advance amid a pronounced retracement.
Chart Analysis ATS AI Generated: 2026-10-16 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.