LIGHT CRUDE OIL ONLY0325

CL0325

- USD (-)

- 10 min delayed data - NYMEX Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Futures
Ticker:	CL0325
ISIN:	CLH5

LIGHT CRUDE OIL ONLY0325 - Daily - Technical analysis published on 01/16/2025 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 77.39 USD

My targets

80.83 USD (+3.07%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LIGHT CRUDE OIL ONLY0325 as long as the price remains well above 77.39 USD. The buyers' bullish objective is set at 80.83 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

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

Additional analysis

Quotes

LIGHT CRUDE OIL ONLY0325 rating 78.42 USD. The price registered a decrease of -0.37% on the session and was between 77.76 USD and 79.21 USD. This implies that the price is at +0.85% from its lowest and at -1.00% from its highest.

77.76

79.21

78.42

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LIGHT CRUDE OIL ONLY0325:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this LIGHT CRUDE OIL ONLY0325 chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	70.39	74.89	77.39	78.42	78.70	80.83
Change (%)	-10.24%	-4.50%	-1.31%	-	+0.36%	+3.07%
Change	-8.03	-3.53	-1.03	-	+0.28	+2.41
Level	Intermediate	Major	Intermediate	-	Major	Minor

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	73.55	74.86	76.78	78.09	80.01	81.32	83.24
Camarilla	77.82	78.12	78.41	78.71	79.01	79.30	79.60
Woodie	73.87	75.01	77.10	78.24	80.33	81.47	83.56
Fibonacci	74.86	76.09	76.85	78.09	79.32	80.08	81.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.31	70.26	73.00	74.95	77.69	79.64	82.38
Camarilla	74.46	74.89	75.32	75.75	76.18	76.61	77.04
Woodie	68.72	70.46	73.41	75.15	78.10	79.84	82.79
Fibonacci	70.26	72.05	73.16	74.95	76.74	77.85	79.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.06	64.80	68.03	69.77	73.00	74.74	77.97
Camarilla	69.88	70.34	70.79	71.25	71.71	72.16	72.62
Woodie	63.80	65.17	68.77	70.14	73.74	75.11	78.71
Fibonacci	64.80	66.70	67.88	69.77	71.67	72.85	74.74

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):	74.41
MACD (12,26,9):	2.2300
Directional Movement:	27.84
AROON (14):	92.86
DEMA (21):	76.19
Parabolic SAR (0,02-0,02-0,2):	75.20
Elder Ray (13):	3.64
Super Trend (3,10):	73.20
Zig ZAG (10):	78.45
VORTEX (21):	1.2700
Stochastique (14,3,5):	89.74
TEMA (21):	77.70
Williams %R (14):	-9.78
Chande Momentum Oscillator (20):	7.83
Repulse (5,40,3):	2.0000
ROCnROLL:	1
TRIX (15,9):	0.3200
Courbe Coppock:	19.01

MA7:	76.06
MA20:	72.60
MA50:	70.20
MA100:	69.62
MAexp7:	76.45
MAexp20:	73.60
MAexp50:	71.39
MAexp100:	70.90
Price / MA7:	+3.10%
Price / MA20:	+8.02%
Price / MA50:	+11.71%
Price / MA100:	+12.64%
Price / MAexp7:	+2.58%
Price / MAexp20:	+6.55%
Price / MAexp50:	+9.85%
Price / MAexp100:	+10.61%

Quotes : - 10 min delayed data - NYMEX Futures

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

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