ROUGH RICE - 1H - Technical analysis published on 08/16/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 13.310 USD
My targets
13.739 USD (+1.54%)
13.850 USD (+2.37%)
My analysis
The bullish trend is currently very strong on ROUGH RICE. As long as the price remains above the support at 13.310 USD, you could try to benefit from the boom. The first bullish objective is located at 13.739 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.850 USD as an objective. Crossing it would then enable buyers to target 14.490 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
7.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ROUGH RICE rating 13.530 USD. On the day, this instrument lost -0.07% with the lowest point at 13.515 USD and the highest point at 13.630 USD. The deviation from the price is +0.11% for the low point and -0.73% for the high point.13.515
13.630
13.530
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 ROUGH RICE:
Technical
Technical analysis of ROUGH RICE in 1H shows a strongly overall bullish trend. 89.29% 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 is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.020 | 13.150 | 13.310 | 13.530 | 13.549 | 13.739 | 13.850 |
| Change (%) | -3.77% | -2.81% | -1.63% | - | +0.14% | +1.54% | +2.37% |
| Change | -0.510 | -0.380 | -0.220 | - | +0.019 | +0.209 | +0.320 |
| Level | Minor | Minor | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.372 | 13.443 | 13.487 | 13.558 | 13.602 | 13.673 | 13.717 |
| Camarilla | 13.498 | 13.509 | 13.520 | 13.530 | 13.541 | 13.551 | 13.562 |
| Woodie | 13.358 | 13.436 | 13.473 | 13.551 | 13.588 | 13.666 | 13.703 |
| Fibonacci | 13.443 | 13.487 | 13.514 | 13.558 | 13.602 | 13.629 | 13.673 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.038 | 13.177 | 13.353 | 13.492 | 13.668 | 13.807 | 13.983 |
| Camarilla | 13.443 | 13.472 | 13.501 | 13.530 | 13.559 | 13.588 | 13.617 |
| Woodie | 13.058 | 13.186 | 13.373 | 13.501 | 13.688 | 13.816 | 14.003 |
| Fibonacci | 13.177 | 13.297 | 13.371 | 13.492 | 13.612 | 13.686 | 13.807 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.900 | 12.325 | 13.000 | 13.425 | 14.100 | 14.525 | 15.200 |
| Camarilla | 13.373 | 13.473 | 13.574 | 13.675 | 13.776 | 13.877 | 13.978 |
| Woodie | 12.025 | 12.388 | 13.125 | 13.488 | 14.225 | 14.588 | 15.325 |
| Fibonacci | 12.325 | 12.745 | 13.005 | 13.425 | 13.845 | 14.105 | 14.525 |
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): | 57.70 | |
| MACD (12,26,9): | 0.0380 | |
| Directional Movement: | 19.295 | |
| AROON (14): | 57.143 | |
| DEMA (21): | 13.556 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.460 | |
| Elder Ray (13): | 0.027 | |
| Super Trend (3,10): | 13.419 | |
| Zig ZAG (10): | 13.560 | |
| VORTEX (21): | 0.9710 | |
| Stochastique (14,3,5): | 70.61 | |
| TEMA (21): | 13.573 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.175 | |
| Repulse (5,40,3): | 0.0540 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0390 | |
| Courbe Coppock: | 1.91 |
| MA7: | 13.469 | |
| MA20: | 13.472 | |
| MA50: | 13.229 | |
| MA100: | 13.326 | |
| MAexp7: | 13.546 | |
| MAexp20: | 13.508 | |
| MAexp50: | 13.463 | |
| MAexp100: | 13.436 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +2.28% | |
| Price / MA100: | +1.53% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.72% | |
| Price / MAexp100: | +0.92% |
Quotes :
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10 min delayed data
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CBOT Futures
News
The last news published on ROUGH RICE at the time of the generation of this analysis was as follows:
-
British actor Riz Ahmed fixes his wife's hair at the Oscars
-
Ricardo Reis on One-Minute Insights: Bridging Monetary Policy Science and Practice
-
Riz Ahmed Searched at Airport Despite Being On Cover of Inflight Magazine
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Tamir Rice's Mom Speaks Out On 2nd Anniversary Of Killing | NBC News
-
The Night Of's Riz Ahmed Says Airport Security "Attacked" Him in Emotional Essay
This member declared not having a position on this financial instrument or a related financial instrument.
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