FEEDER CATTLE - 1H - Technical analysis published on 01/14/2022 (GMT)
- 226
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 166.081 USD
My targets
167.210 USD (+0.29%)
169.200 USD (+1.48%)
My analysis
FEEDER CATTLE is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 166.081 USD. The next resistance located at 167.210 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 169.200 USD. After this resistance, buyers could then target 170.825 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FEEDER CATTLE rating 166.725 USD. On the day, this instrument gained +1.03% and was between 165.025 USD and 166.850 USD. This implies that the price is at +1.03% from its lowest and at -0.07% from its highest.165.025
166.850
166.725
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FEEDER CATTLE:
Technical
A technical analysis in 1H of this FEEDER CATTLE chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 162.839 | 164.600 | 166.081 | 166.725 | 167.210 | 169.200 | 170.825 |
| Change (%) | -2.33% | -1.27% | -0.39% | - | +0.29% | +1.48% | +2.46% |
| Change | -3.886 | -2.125 | -0.644 | - | +0.485 | +2.475 | +4.100 |
| Level | Minor | Major | Minor | - | Major | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.725 | 164.375 | 165.550 | 166.200 | 167.375 | 168.025 | 169.200 |
| Camarilla | 166.223 | 166.390 | 166.558 | 166.725 | 166.892 | 167.060 | 167.227 |
| Woodie | 163.988 | 164.506 | 165.813 | 166.331 | 167.638 | 168.156 | 169.463 |
| Fibonacci | 164.375 | 165.072 | 165.503 | 166.200 | 166.897 | 167.328 | 168.025 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 157.767 | 161.158 | 163.917 | 167.308 | 170.067 | 173.458 | 176.217 |
| Camarilla | 164.984 | 165.548 | 166.111 | 166.675 | 167.239 | 167.803 | 168.366 |
| Woodie | 157.450 | 161.000 | 163.600 | 167.150 | 169.750 | 173.300 | 175.900 |
| Fibonacci | 161.158 | 163.508 | 164.959 | 167.308 | 169.658 | 171.109 | 173.458 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 149.992 | 154.333 | 162.142 | 166.483 | 174.292 | 178.633 | 186.442 |
| Camarilla | 166.609 | 167.723 | 168.836 | 169.950 | 171.064 | 172.178 | 173.291 |
| Woodie | 151.725 | 155.200 | 163.875 | 167.350 | 176.025 | 179.500 | 188.175 |
| Fibonacci | 154.333 | 158.975 | 161.842 | 166.483 | 171.125 | 173.992 | 178.633 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.45 | |
| MACD (12,26,9): | -0.0110 | |
| Directional Movement: | 6.469 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 165.913 | |
| Parabolic SAR (0,02-0,02-0,2): | 164.840 | |
| Elder Ray (13): | 0.724 | |
| Super Trend (3,10): | 167.351 | |
| Zig ZAG (10): | 166.825 | |
| VORTEX (21): | 1.0810 | |
| Stochastique (14,3,5): | 77.23 | |
| TEMA (21): | 166.098 | |
| Williams %R (14): | -1.14 | |
| Chande Momentum Oscillator (20): | 0.425 | |
| Repulse (5,40,3): | 0.5170 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0160 | |
| Courbe Coppock: | 0.09 |
| MA7: | 166.468 | |
| MA20: | 165.321 | |
| MA50: | 163.764 | |
| MA100: | 162.485 | |
| MAexp7: | 166.194 | |
| MAexp20: | 166.012 | |
| MAexp50: | 166.143 | |
| MAexp100: | 165.776 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | +0.85% | |
| Price / MA50: | +1.81% | |
| Price / MA100: | +2.61% | |
| Price / MAexp7: | +0.38% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | +0.41% | |
| Price / MAexp100: | +0.63% |
Quotes :
-
10 min delayed data
-
CME Globex Futures
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis FEEDER CATTLE - 1H