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 - Daily - Technical analysis published on 01/10/2025 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 72.63 USD

My targets

76.18 USD (+2.61%)

78.01 USD (+5.08%)

My analysis

WTI CRUDE OIL is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 72.63 USD. The next resistance located at 76.18 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 78.01 USD. After this resistance, buyers could then target 79.44 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

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

WTI CRUDE OIL rating 74.24 USD. The price has increased by +0.43% since the last closing and was traded between 74.19 USD and 74.30 USD over the period. The price is currently at +0.07% from its lowest and -0.08% from its highest.

74.19

74.30

74.24

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 this Daily chart of WTI CRUDE OIL indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	69.24	70.82	72.63	74.24	74.47	76.18	78.01
Change (%)	-6.73%	-4.61%	-2.17%	-	+0.31%	+2.61%	+5.08%
Change	-5.00	-3.42	-1.61	-	+0.23	+1.94	+3.77
Level	Intermediate	Major	Minor	-	Intermediate	Intermediate	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	71.83	72.34	73.31	73.82	74.79	75.30	76.27
Camarilla	73.88	74.02	74.15	74.29	74.43	74.56	74.70
Woodie	72.07	72.46	73.55	73.94	75.03	75.42	76.51
Fibonacci	72.34	72.90	73.25	73.82	74.38	74.73	75.30

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):	65.39
MACD (12,26,9):	1.3300
Directional Movement:	13.15
AROON (14):	85.71
DEMA (21):	73.43
Parabolic SAR (0,02-0,02-0,2):	72.84
Elder Ray (13):	1.63
Super Trend (3,10):	70.04
Zig ZAG (10):	74.22
VORTEX (21):	1.2100
Stochastique (14,3,5):	80.27
TEMA (21):	74.39
Williams %R (14):	-15.97
Chande Momentum Oscillator (20):	4.12
Repulse (5,40,3):	0.7600
ROCnROLL:	1
TRIX (15,9):	0.2000
Courbe Coppock:	11.04

MA7:	73.82
MA20:	71.44
MA50:	69.88
MA100:	69.89
MAexp7:	73.51
MAexp20:	71.87
MAexp50:	70.64
MAexp100:	70.64
Price / MA7:	+0.57%
Price / MA20:	+3.92%
Price / MA50:	+6.24%
Price / MA100:	+6.22%
Price / MAexp7:	+0.99%
Price / MAexp20:	+3.30%
Price / MAexp50:	+5.10%
Price / MAexp100:	+5.10%

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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