SOYBEAN - Daily - Technical analysis published on 11/12/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Additional analysis
Quotes
The SOYBEAN price is 1,004.75 USD. On the day, this instrument lost -1.71% and was between 1,004.50 USD and 1,027.50 USD. This implies that the price is at +0.02% from its lowest and at -2.21% from its highest.The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this SOYBEAN chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 2
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 838.00 | 926.60 | 970.75 | 1,004.75 | 1,005.00 | 1,046.25 | 1,109.75 |
Change (%) | -16.60% | -7.78% | -3.38% | - | +0.02% | +4.13% | +10.45% |
Change | -166.75 | -78.15 | -34.00 | - | +0.25 | +41.50 | +105.00 |
Level | Minor | Major | Intermediate | - | Major | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 991.00 | 1,005.25 | 1,013.75 | 1,028.00 | 1,036.50 | 1,050.75 | 1,059.25 |
Camarilla | 1,015.99 | 1,018.08 | 1,020.17 | 1,022.25 | 1,024.34 | 1,026.42 | 1,028.51 |
Woodie | 988.13 | 1,003.81 | 1,010.88 | 1,026.56 | 1,033.63 | 1,049.31 | 1,056.38 |
Fibonacci | 1,005.25 | 1,013.94 | 1,019.31 | 1,028.00 | 1,036.69 | 1,042.06 | 1,050.75 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 931.50 | 956.75 | 993.50 | 1,018.75 | 1,055.50 | 1,080.75 | 1,117.50 |
Camarilla | 1,013.20 | 1,018.88 | 1,024.57 | 1,030.25 | 1,035.93 | 1,041.62 | 1,047.30 |
Woodie | 937.25 | 959.63 | 999.25 | 1,021.63 | 1,061.25 | 1,083.63 | 1,123.25 |
Fibonacci | 956.75 | 980.43 | 995.07 | 1,018.75 | 1,042.43 | 1,057.07 | 1,080.75 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 854.58 | 915.92 | 954.83 | 1,016.17 | 1,055.08 | 1,116.42 | 1,155.33 |
Camarilla | 966.18 | 975.37 | 984.56 | 993.75 | 1,002.94 | 1,012.13 | 1,021.32 |
Woodie | 843.38 | 910.31 | 943.63 | 1,010.56 | 1,043.88 | 1,110.81 | 1,144.13 |
Fibonacci | 915.92 | 954.21 | 977.87 | 1,016.17 | 1,054.46 | 1,078.12 | 1,116.42 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 48.02 | |
MACD (12,26,9): | -1.5200 | |
Directional Movement: | 1.51 | |
AROON (14): | 50.00 | |
DEMA (21): | 1,004.95 | |
Parabolic SAR (0,02-0,02-0,2): | 983.41 | |
Elder Ray (13): | 7.33 | |
Super Trend (3,10): | 1,033.24 | |
Zig ZAG (10): | 1,006.00 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 63.05 | |
TEMA (21): | 1,008.42 | |
Williams %R (14): | -58.05 | |
Chande Momentum Oscillator (20): | 7.75 | |
Repulse (5,40,3): | -2.5200 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0900 | |
Courbe Coppock: | 2.97 |
MA7: | 1,012.36 | |
MA20: | 1,000.24 | |
MA50: | 1,022.45 | |
MA100: | 1,034.17 | |
MAexp7: | 1,011.81 | |
MAexp20: | 1,009.15 | |
MAexp50: | 1,018.67 | |
MAexp100: | 1,042.85 | |
Price / MA7: | -0.75% | |
Price / MA20: | +0.45% | |
Price / MA50: | -1.73% | |
Price / MA100: | -2.84% | |
Price / MAexp7: | -0.70% | |
Price / MAexp20: | -0.44% | |
Price / MAexp50: | -1.37% | |
Price / MAexp100: | -3.65% |
News
Don't forget to follow the news on SOYBEAN. At the time of publication of this analysis, the latest news was as follows:
- Ahead Of Trump-Xi Meeting, USDA Announces Huge Soybean Sale To China
- Soybean farmer: We would like to have markets, not aid
- Impact of tariffs on America's soybean farmers
- Will Trump's Truce With China Help Soybean Sales?
- U.S. Trade Gap Hits 10-Year High In October As Soybean Exports Continue To Fall
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