LIVE CATTLE - 15 min. - Technical analysis published on 11/02/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 151.750 USD
My targets
151.000 USD (-0.26%)
150.450 USD (-0.63%)
My analysis
The bearish trend is currently very strong for LIVE CATTLE. As long as the price remains below the resistance at 151.750 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 151.000 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 150.450 USD as an objective. Crossing it would then enable sellers to target 149.700 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.6
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Additional analysis
Quotes
The LIVE CATTLE rating is 151.400 USD. The price registered an increase of +0.00% on the session with the lowest point at 151.200 USD and the highest point at 152.500 USD. The deviation from the price is +0.13% for the low point and -0.72% for the high point.151.200
152.500
151.400
Here is a more detailed summary of the historical variations registered by LIVE CATTLE:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of LIVE CATTLE indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 147.808 | 149.276 | 150.525 | 151.400 | 151.794 | 152.857 | 154.501 |
| Change (%) | -2.37% | -1.40% | -0.58% | - | +0.26% | +0.96% | +2.05% |
| Change | -3.592 | -2.124 | -0.875 | - | +0.394 | +1.457 | +3.101 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Major |
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 | 149.700 | 150.450 | 151.000 | 151.750 | 152.300 | 153.050 | 153.600 |
| Camarilla | 151.193 | 151.312 | 151.431 | 151.550 | 151.669 | 151.788 | 151.908 |
| Woodie | 149.600 | 150.400 | 150.900 | 151.700 | 152.200 | 153.000 | 153.500 |
| Fibonacci | 150.450 | 150.947 | 151.253 | 151.750 | 152.247 | 152.553 | 153.050 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 150.125 | 151.200 | 152.100 | 153.175 | 154.075 | 155.150 | 156.050 |
| Camarilla | 152.457 | 152.638 | 152.819 | 153.000 | 153.181 | 153.362 | 153.543 |
| Woodie | 150.038 | 151.156 | 152.013 | 153.131 | 153.988 | 155.106 | 155.963 |
| Fibonacci | 151.200 | 151.955 | 152.421 | 153.175 | 153.930 | 154.396 | 155.150 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 140.175 | 143.450 | 147.700 | 150.975 | 155.225 | 158.500 | 162.750 |
| Camarilla | 149.881 | 150.570 | 151.260 | 151.950 | 152.640 | 153.330 | 154.019 |
| Woodie | 140.663 | 143.694 | 148.188 | 151.219 | 155.713 | 158.744 | 163.238 |
| Fibonacci | 143.450 | 146.325 | 148.101 | 150.975 | 153.850 | 155.626 | 158.500 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.55 | |
| MACD (12,26,9): | -0.1670 | |
| Directional Movement: | -6.201 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 151.360 | |
| Parabolic SAR (0,02-0,02-0,2): | 151.575 | |
| Elder Ray (13): | -0.030 | |
| Super Trend (3,10): | 151.938 | |
| Zig ZAG (10): | 151.550 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 53.11 | |
| TEMA (21): | 151.371 | |
| Williams %R (14): | -26.32 | |
| Chande Momentum Oscillator (20): | -0.075 | |
| Repulse (5,40,3): | 0.0860 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0190 | |
| Courbe Coppock: | 0.39 |
| MA7: | 152.754 | |
| MA20: | 150.674 | |
| MA50: | 149.083 | |
| MA100: | 147.360 | |
| MAexp7: | 151.483 | |
| MAexp20: | 151.599 | |
| MAexp50: | 151.949 | |
| MAexp100: | 152.221 | |
| Price / MA7: | -0.89% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | +1.55% | |
| Price / MA100: | +2.74% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.26% | |
| Price / MAexp100: | -0.44% |
Quotes :
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10 min delayed data
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CME Globex Futures
News
The latest news and videos published on LIVE CATTLE at the time of the analysis were as follows:
-
Gary Vee Says 98% of NFTs ‘Are Going to Zero’ #Shorts
-
Judge Rinder joins 'Together Against Antisemitism' rally at Parliament Square
This member declared not having a position on this financial instrument or a related financial instrument.
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