Silver - SI=F
1 Day Prediction
Target: May 7, 2025$33.205
$33
$33.5
$32.8
Description
The stock shows a bullish trend with a recent upward movement. The RSI is approaching overbought levels, indicating potential for a pullback. However, the MACD is positive, suggesting continued momentum. Expect a close around 33.205.
Analysis
Over the past 3 months, SI=F has shown a bullish trend with significant support at 32.00 and resistance around 34.00. The recent price action indicates a recovery from a dip, with increasing volume on up days. The MACD and moving averages support a bullish outlook, but RSI suggests caution.
Potential Risks
Potential volatility due to market sentiment shifts or macroeconomic news could impact the prediction.
Confidence Level
1 Week Prediction
Target: May 14, 2025$34
$33.8
$34.5
$32.9
Description
The stock is expected to continue its upward trajectory, supported by bullish momentum indicators. However, the RSI indicates overbought conditions, which may lead to a short-term pullback. Anticipate a close around 34.000.
Analysis
The stock has been in a bullish phase, with key support at 32.00 and resistance at 34.50. The MACD is bullish, and volume has been increasing, indicating strong buying interest. However, the RSI suggests caution as it approaches overbought territory.
Potential Risks
Market corrections or negative news could reverse the upward trend, impacting the accuracy of this prediction.
Confidence Level
1 Month Prediction
Target: June 6, 2025$35.5
$34.8
$36
$33.5
Description
The stock is likely to reach higher levels as bullish sentiment persists. The MACD remains positive, and the price is above the 50-day moving average. However, watch for potential resistance at 36.00.
Analysis
SI=F has shown a strong upward trend, with significant support at 32.00. The recent price action indicates bullish momentum, but the RSI is nearing overbought levels. Volume patterns suggest strong buying interest, but caution is warranted due to potential market corrections.
Potential Risks
External factors such as economic data releases or geopolitical events could lead to volatility and affect the prediction.
Confidence Level
3 Months Prediction
Target: August 6, 2025$37
$36.5
$38
$34
Description
Long-term bullish sentiment is expected to drive prices higher, supported by strong fundamentals and positive market sentiment. However, potential resistance at 38.00 may limit upside.
Analysis
The stock has been in a bullish trend, with key support at 32.00 and resistance at 38.00. The MACD and moving averages indicate a positive outlook, but the RSI suggests caution. Volume patterns show strong buying interest, but external factors could introduce volatility.
Potential Risks
Market volatility and economic uncertainties could lead to unexpected price movements, impacting the prediction's accuracy.