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Silver Futures Bearish Momentum With A 7% Drop In The Last 10 Sessions

ViaNews Editorial Team

December 11, 2023

Silver Futures Bearish Momentum With A 7% Drop In The Last 10 Sessions
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(VIANEWS) - Silver (SI) has been up by 7.03% for the last 10 sessions. At 04:51 EST on Monday, 11 December, Silver (SI) is $23.35.

Volume

Today's last reported volume for Silver is 1308, 99.99% below its average volume of 11107585803.21.

Volatility

Silver's last week, last month's, and last quarter's current intraday variation average was a negative 0.14%, a positive 0.87%, and a positive 1.34%, respectively.

Silver's highest amplitude of average volatility was 0.80% (last week), 1.41% (last month), and 1.34% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Silver's commodity is considered to be overbought (>=80).

News about

  • Crude oil: weekly forecast 10th December - 16th December - 10 December 2023. According to DailyForex on Sunday, 10 December, "The urge to be part of a strong reversal higher and capture solid profits in WTI Crude Oil is certainly tempting, but it also may lead to staggeringly bad losses if a speculator is not careful. ", "If WTI Crude Oil actually tracks lower and the 70.000 comes into view again this would be dangerous. "

More news about Silver (SI).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.