MICRO CRUDE OIL ONLY0225

MCL0225

Open:	-
Change:	-
Volume:	-

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

Type:	Futures
Ticker:	MCL0225
ISIN:	MCLG5

MICRO CRUDE OIL ONLY0225 - 15 min. - Technical analysis published on 01/15/2025 (GMT)

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Timeframe : 15 min.
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MICRO CRUDE OIL ONLY0225 Chart

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Bullish above 78.00 USD

My targets

78.58 USD (+0.73%)

79.66 USD (+2.12%)

My analysis

The basic trend is currently slightly bullish on MICRO CRUDE OIL ONLY0225 and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 78.00 USD, purchases could be favourable. The first bullish objective would be the resistance located at 78.58 USD. Then the price could move towards 79.66 USD. Then 80.24 USD by extension. A return under the support to 78.00 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

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

4.8

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 euletthomas.

Additional analysis

Quotes

The MICRO CRUDE OIL ONLY0225 rating is 78.01 USD. The price registered an increase of +0.66% on the session and was between 77.37 USD and 78.23 USD. This implies that the price is at +0.83% from its lowest and at -0.28% from its highest.

77.37

78.23

78.01

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MICRO CRUDE OIL ONLY0225:

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 notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of MICRO CRUDE OIL ONLY0225 in 15 min. shows an overall slightly bullish trend. 57.14% 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. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 15 minutes

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 15 minutes

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	75.33	77.40	77.98	78.01	78.58	79.31
Change (%)	-3.44%	-0.78%	-0.04%	-	+0.73%	+1.67%
Change	-2.68	-0.61	-0.03	-	+0.57	+1.30
Level	Major	Intermediate	Minor	-	Minor	Major

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	75.26	76.34	76.92	78.00	78.58	79.66	80.24
Camarilla	77.04	77.20	77.35	77.50	77.65	77.80	77.96
Woodie	75.01	76.22	76.67	77.88	78.33	79.54	79.99
Fibonacci	76.34	76.97	77.37	78.00	78.63	79.03	79.66

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.65	70.75	73.66	75.76	78.67	80.77	83.68
Camarilla	75.19	75.65	76.11	76.57	77.03	77.49	77.95
Woodie	69.06	70.95	74.07	75.96	79.08	80.97	84.09
Fibonacci	70.75	72.66	73.85	75.76	77.67	78.86	80.77

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	62.99	64.85	68.29	70.15	73.59	75.45	78.89
Camarilla	70.26	70.75	71.23	71.72	72.21	72.69	73.18
Woodie	63.77	65.25	69.07	70.55	74.37	75.85	79.67
Fibonacci	64.85	66.88	68.13	70.15	72.18	73.43	75.45

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):	64.62
MACD (12,26,9):	0.0900
Directional Movement:	21.17
AROON (14):	85.71
DEMA (21):	77.95
Parabolic SAR (0,02-0,02-0,2):	77.72
Elder Ray (13):	0.16
Super Trend (3,10):	77.74
Zig ZAG (10):	78.05
VORTEX (21):	1.2600
Stochastique (14,3,5):	76.77
TEMA (21):	78.04
Williams %R (14):	-38.10
Chande Momentum Oscillator (20):	0.18
Repulse (5,40,3):	-0.1200
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.86

MA7:	76.06
MA20:	72.72
MA50:	70.42
MA100:	69.86
MAexp7:	77.99
MAexp20:	77.85
MAexp50:	77.85
MAexp100:	77.95
Price / MA7:	+2.56%
Price / MA20:	+7.27%
Price / MA50:	+10.78%
Price / MA100:	+11.67%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.21%
Price / MAexp50:	+0.21%
Price / MAexp100:	+0.08%

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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