WTI CRUDE OIL

- USD (-)

- 10 min delayed data - NYMEX Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Commodities
Ticker:	WBS
ISIN:

WTI CRUDE OIL - 1H - Technical analysis published on 01/08/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 74.47 USD

My targets

76.18 USD (+1.36%)

78.01 USD (+3.79%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WTI CRUDE OIL as long as the price remains well above 74.47 USD. The buyers' bullish objective is set at 76.18 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 78.01 USD. If there is any crossing, the next objective would be the resistance located at 79.44 USD. 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

9.1

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

Additional analysis

Quotes

WTI CRUDE OIL rating 75.16 USD. On the day, this instrument gained +1.23% with the lowest point at 74.51 USD and the highest point at 75.28 USD. The deviation from the price is +0.87% for the low point and -0.16% for the high point.

74.51

75.28

75.16

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

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

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of WTI CRUDE OIL in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 17 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 : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.12	74.47	74.99	75.16	76.18	78.01	79.44
Change (%)	-2.71%	-0.92%	-0.23%	-	+1.36%	+3.79%	+5.69%
Change	-2.04	-0.69	-0.17	-	+1.02	+2.85	+4.28
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Minor	Intermediate

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	71.98	72.54	73.40	73.96	74.82	75.38	76.24
Camarilla	73.86	73.99	74.12	74.25	74.38	74.51	74.64
Woodie	72.12	72.62	73.54	74.04	74.96	75.46	76.38
Fibonacci	72.54	73.09	73.42	73.96	74.51	74.84	75.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.04	68.58	71.27	72.81	75.50	77.04	79.73
Camarilla	72.80	73.19	73.57	73.96	74.35	74.74	75.12
Woodie	67.62	68.87	71.85	73.10	76.08	77.33	80.31
Fibonacci	68.58	70.20	71.19	72.81	74.43	75.42	77.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	62.67	64.60	68.16	70.09	73.65	75.58	79.14
Camarilla	70.21	70.71	71.22	71.72	72.22	72.73	73.23
Woodie	63.49	65.01	68.98	70.50	74.47	75.99	79.96
Fibonacci	64.60	66.70	67.99	70.09	72.19	73.48	75.58

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):	70.13
MACD (12,26,9):	0.2900
Directional Movement:	18.43
AROON (14):	100.00
DEMA (21):	74.85
Parabolic SAR (0,02-0,02-0,2):	74.57
Elder Ray (13):	0.38
Super Trend (3,10):	74.18
Zig ZAG (10):	75.21
VORTEX (21):	1.2100
Stochastique (14,3,5):	85.56
TEMA (21):	74.99
Williams %R (14):	-7.83
Chande Momentum Oscillator (20):	0.75
Repulse (5,40,3):	0.7500
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	1.63

MA7:	73.25
MA20:	71.08
MA50:	69.69
MA100:	69.83
MAexp7:	74.81
MAexp20:	74.50
MAexp50:	74.08
MAexp100:	73.48
Price / MA7:	+2.61%
Price / MA20:	+5.74%
Price / MA50:	+7.85%
Price / MA100:	+7.63%
Price / MAexp7:	+0.47%
Price / MAexp20:	+0.89%
Price / MAexp50:	+1.46%
Price / MAexp100:	+2.29%

Quotes : - 10 min delayed data - NYMEX Futures

News

The last news published on WTI CRUDE OIL 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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