NUTRIEN LTD.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NTR
ISIN:	CA67077M1086

NUTRIEN LTD. - Daily - Technical analysis published on 12/03/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Bullish above 47.40 USD

My targets

50.56 USD (+3.82%)

55.52 USD (+14.00%)

My analysis

The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade NUTRIEN LTD. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 47.40 USD. The buyers' bullish objective is set at 50.56 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 55.52 USD. If there is any crossing, the next objective would be the resistance located at 59.02 USD. If there is a bearish break in the support located at 47.40 USD some indecision would arise.

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

4.6

Comment on the analysis

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 robby1966. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NUTRIEN LTD. rating 48.70 USD. The price registered an increase of +1.95% on the session and was between 48.16 USD and 48.82 USD. This implies that the price is at +1.12% from its lowest and at -0.25% from its highest.

48.16

48.82

48.70

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of NUTRIEN LTD. in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	45.50	47.40	48.70	50.56	55.52	59.02
Change (%)	-6.57%	-2.67%	-	+3.82%	+14.00%	+21.19%
Change	-3.20	-1.30	-	+1.86	+6.82	+10.32
Level	Major	Major	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.59	46.04	46.90	47.35	48.21	48.66	49.52
Camarilla	47.41	47.53	47.65	47.77	47.89	48.01	48.13
Woodie	45.81	46.14	47.12	47.45	48.43	48.76	49.74
Fibonacci	46.04	46.54	46.85	47.35	47.85	48.16	48.66

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.01	44.86	45.77	46.62	47.53	48.38	49.29
Camarilla	46.21	46.37	46.53	46.69	46.85	47.01	47.17
Woodie	44.05	44.88	45.81	46.64	47.57	48.40	49.33
Fibonacci	44.86	45.53	45.94	46.62	47.29	47.70	48.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.46	41.30	44.00	47.84	50.54	54.38	57.08
Camarilla	44.89	45.49	46.09	46.69	47.29	47.89	48.49
Woodie	36.88	41.02	43.42	47.56	49.96	54.10	56.50
Fibonacci	41.30	43.80	45.35	47.84	50.34	51.89	54.38

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):	58.51
MACD (12,26,9):	-0.2100
Directional Movement:	7.87
AROON (14):	-42.86
DEMA (21):	46.86
Parabolic SAR (0,02-0,02-0,2):	45.20
Elder Ray (13):	1.37
Super Trend (3,10):	49.06
Zig ZAG (10):	48.58
VORTEX (21):	0.9200
Stochastique (14,3,5):	66.71
TEMA (21):	46.80
Williams %R (14):	-5.52
Chande Momentum Oscillator (20):	2.20
Repulse (5,40,3):	2.8100
ROCnROLL:	1
TRIX (15,9):	-0.1300
Courbe Coppock:	4.32

MA7:	46.96
MA20:	47.26
MA50:	47.96
MA100:	47.69
MAexp7:	47.22
MAexp20:	47.20
MAexp50:	47.58
MAexp100:	48.20
Price / MA7:	+3.71%
Price / MA20:	+3.05%
Price / MA50:	+1.54%
Price / MA100:	+2.12%
Price / MAexp7:	+3.13%
Price / MAexp20:	+3.18%
Price / MAexp50:	+2.35%
Price / MAexp100:	+1.04%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on NUTRIEN LTD. at the time of the generation of this analysis was as follows:

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

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