19. April 2026
The silver price virtually exploded since the end of October, more than doubling by the end of January. The overdue correction below the red trend line ended after two months, positioned between the 100-day line and the 200-day line (the latter of which was only briefly touched intraday once).
Currently, a very exciting situation can be observed: The ongoing upward movement broke through the red downtrend line, managed to run above the 100-day line and the long-term green uptrend line again for the first time in recent days (intraday), and is currently hitting the gray resistance line (which has stopped an upward impulse multiple times since December).
From a chart technical perspective, both averages support a continued move north: the 100-day and 200-day lines continue to rise steadily, and the 100-day line is pleasingly and unbrokenly clearly above the 200-day line.
Similarly, the buy signal from the MACD indicator (blue line crosses red line upwards) from the last turn of the month remains valid. The trend confirmer also managed (initially?) to return above the neutral 100 into the positive zone.
The movement is by no means overheated so far – the Overbought/Oversold indicator currently oscillates around 1.0, a value range in which this indicator frequently resided during the observation period. Moreover, the indicator is only considered overbought above 2.0, which was last briefly noted in November.
Silver price chart with indicators; Source: Comdirect
