ROUGH RICE - 1H - Technical analysis published on 03/22/2022 (GMT)
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- 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:
Slightly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 15.652 USD
My targets
15.979 USD (+0.40%)
16.445 USD (+3.33%)
My analysis
ROUGH RICE is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 15.652 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 15.979 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 16.445 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 16.890 USD. Beware of a possible return to under the support located at 15.652 USD which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ROUGH RICE price is 15.915 USD. The price is lower by -0.09% since the last closing and was between 15.840 USD and 15.975 USD. This implies that the price is at +0.47% from its lowest and at -0.38% from its highest.15.840
15.975
15.915
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ROUGH RICE chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.252 | 15.450 | 15.652 | 15.915 | 15.979 | 16.445 | 16.890 |
| Change (%) | -4.17% | -2.92% | -1.65% | - | +0.40% | +3.33% | +6.13% |
| Change | -0.663 | -0.465 | -0.263 | - | +0.064 | +0.530 | +0.975 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.040 | 15.270 | 15.600 | 15.830 | 16.160 | 16.390 | 16.720 |
| Camarilla | 15.776 | 15.827 | 15.879 | 15.930 | 15.981 | 16.033 | 16.084 |
| Woodie | 15.090 | 15.295 | 15.650 | 15.855 | 16.210 | 16.415 | 16.770 |
| Fibonacci | 15.270 | 15.484 | 15.616 | 15.830 | 16.044 | 16.176 | 16.390 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.553 | 15.032 | 15.328 | 15.807 | 16.103 | 16.582 | 16.878 |
| Camarilla | 15.412 | 15.483 | 15.554 | 15.625 | 15.696 | 15.767 | 15.838 |
| Woodie | 14.463 | 14.986 | 15.238 | 15.761 | 16.013 | 16.536 | 16.788 |
| Fibonacci | 15.032 | 15.328 | 15.511 | 15.807 | 16.103 | 16.286 | 16.582 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.995 | 14.455 | 15.320 | 15.780 | 16.645 | 17.105 | 17.970 |
| Camarilla | 15.821 | 15.942 | 16.064 | 16.185 | 16.307 | 16.428 | 16.549 |
| Woodie | 14.198 | 14.556 | 15.523 | 15.881 | 16.848 | 17.206 | 18.173 |
| Fibonacci | 14.455 | 14.961 | 15.274 | 15.780 | 16.286 | 16.599 | 17.105 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.34 | |
| MACD (12,26,9): | 0.0260 | |
| Directional Movement: | -5.686 | |
| AROON (14): | 42.857 | |
| DEMA (21): | 15.875 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.823 | |
| Elder Ray (13): | 0.018 | |
| Super Trend (3,10): | 15.713 | |
| Zig ZAG (10): | 15.885 | |
| VORTEX (21): | 1.0310 | |
| Stochastique (14,3,5): | 72.02 | |
| TEMA (21): | 15.926 | |
| Williams %R (14): | -31.25 | |
| Chande Momentum Oscillator (20): | 0.140 | |
| Repulse (5,40,3): | -0.3610 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0050 | |
| Courbe Coppock: | 3.48 |
| MA7: | 15.903 | |
| MA20: | 15.910 | |
| MA50: | 15.472 | |
| MA100: | 15.000 | |
| MAexp7: | 15.903 | |
| MAexp20: | 15.854 | |
| MAexp50: | 15.866 | |
| MAexp100: | 15.876 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | +0.03% | |
| Price / MA50: | +2.86% | |
| Price / MA100: | +6.10% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | +0.25% |
Quotes :
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10 min delayed data
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CBOT Futures
News
The last news published on ROUGH RICE at the time of the generation of this analysis was as follows:
-
British actor Riz Ahmed fixes his wife's hair at the Oscars
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Ricardo Reis on One-Minute Insights: Bridging Monetary Policy Science and Practice
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Riz Ahmed Searched at Airport Despite Being On Cover of Inflight Magazine
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Tamir Rice's Mom Speaks Out On 2nd Anniversary Of Killing | NBC News
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The Night Of's Riz Ahmed Says Airport Security "Attacked" Him in Emotional Essay
This member declared not having a position on this financial instrument or a related financial instrument.
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