LIVE CATTLE
LIVE CATTLE
- USD (-)
- 10 min delayed data - CME Globex Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: LEG5
ISIN:

LIVE CATTLE - 15 min. - Technical analysis published on 09/19/2022 (GMT)

  • 146
  • 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!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 145.183 USD
My targets
145.733 USD (+0.16%)
145.967 USD (+0.32%)
My analysis
A bullish trend on LIVE CATTLE both in substance and in the short term. A purchase could be considered as long as the price remains above 145.183 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 145.733 USD. Then the price could move towards 145.967 USD. Then 146.283 USD by extension. Be careful, a return below 145.183 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1

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 rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The LIVE CATTLE price is 145.500 USD. On the day, this instrument lost -0.09% with the lowest point at 145.100 USD and the highest point at 145.650 USD. The deviation from the price is +0.28% for the low point and -0.10% for the high point.

145.100
145.650
145.500

Here is a more detailed summary of the historical variations registered by LIVE CATTLE:

Technical


Technical analysis of LIVE CATTLE in 15 min. shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 143.100 144.387 145.488 145.500 146.250 146.592 150.751
Change (%) -1.65% -0.76% -0.01% - +0.52% +0.75% +3.61%
Change -2.400 -1.113 -0.012 - +0.750 +1.092 +5.251
Level Minor Intermediate Intermediate - Intermediate Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard144.633144.867145.183145.417145.733145.967146.283
Camarilla145.349145.399145.450145.500145.550145.601145.651
Woodie144.675144.888145.225145.438145.775145.988146.325
Fibonacci144.867145.077145.207145.417145.627145.757145.967


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard142.242143.008144.342145.108146.442147.208148.542
Camarilla145.098145.290145.483145.675145.868146.060146.253
Woodie142.525143.150144.625145.250146.725147.350148.825
Fibonacci143.008143.811144.306145.108145.911146.406147.208


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard136.658139.267141.033143.642145.408148.017149.783
Camarilla141.597141.998142.399142.800143.201143.602144.003
Woodie136.238139.056140.613143.431144.988147.806149.363
Fibonacci139.267140.938141.970143.642145.313146.345148.017

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): 56.69
MACD (12,26,9): 0.0630
Directional Movement: 6.631
AROON (14): 64.286
DEMA (21): 145.490
Parabolic SAR (0,02-0,02-0,2): 145.153
Elder Ray (13): 0.129
Super Trend (3,10): 145.091
Zig ZAG (10): 145.575
VORTEX (21): 0.9540
Stochastique (14,3,5): 64.46
TEMA (21): 145.479
Williams %R (14): -16.67
Chande Momentum Oscillator (20): 0.375
Repulse (5,40,3): 0.1150
ROCnROLL: 1
TRIX (15,9): 0.0050
Courbe Coppock: 0.19
MA7: 145.164
MA20: 144.342
MA50: 143.413
MA100: 141.368
MAexp7: 145.472
MAexp20: 145.403
MAexp50: 145.284
MAexp100: 145.133
Price / MA7: +0.23%
Price / MA20: +0.80%
Price / MA50: +1.46%
Price / MA100: +2.92%
Price / MAexp7: +0.07%
Price / MAexp20: +0.12%
Price / MAexp50: +0.20%
Price / MAexp100: +0.30%

Quotes : - 10 min delayed data - CME Globex Futures

News


Don't forget to follow the news on LIVE CATTLE. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15133
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis LIVE CATTLE - 15 min.