MINI CRUDE OIL FULL0325 - 15 min. - Technical analysis published on 06/26/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Neutral between 104.667 USD and 106.608 USD
My targets
-
My analysis
The current short-term bearish trend is in contrast to the bullish trend. MINI CRUDE OIL FULL0822 is apparently trying to reverse the trend. The return to a neutral and then bearish trend should not be long in coming if the current decline continues. What is currently happening on MINI CRUDE OIL FULL0822 basics that the price is plunging so much? In such a situation, it would be feasible to stay away from MINI CRUDE OIL FULL0822 or not try to counterbalance this current drop in the short term. If there is a sale, the sellers could use the support located at 104.667 USD as an objective. Sellers could then target the support located at 101.708 USD. If there is any crossing, the next objective would be support 99.767 USD. Attention should be paid to the price reaction at the start of the supports as trend traders may consider resuming purchases if the basic trend has not been able to ease or if the short term has itself become excessive.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MINI CRUDE OIL FULL0822 rating is 106.375 USD. The price is lower by -1.16% since the last closing and was between 105.875 USD and 107.350 USD. This implies that the price is at +0.47% from its lowest and at -0.91% from its highest.105.875
107.350
106.375
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MINI CRUDE OIL FULL0822:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MINI CRUDE OIL FULL0822 in 15 min. shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend could be challenged by the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 74.970 | 97.277 | 102.900 | 106.375 | 107.170 | 109.542 | 111.175 |
| Change (%) | -29.52% | -8.55% | -3.27% | - | +0.75% | +2.98% | +4.51% |
| Change | -31.405 | -9.098 | -3.475 | - | +0.795 | +3.167 | +4.800 |
| Level | Major | Major | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.767 | 101.708 | 104.667 | 106.608 | 109.567 | 111.508 | 114.467 |
| Camarilla | 106.278 | 106.727 | 107.176 | 107.625 | 108.074 | 108.523 | 108.973 |
| Woodie | 100.275 | 101.963 | 105.175 | 106.863 | 110.075 | 111.763 | 114.975 |
| Fibonacci | 101.708 | 103.580 | 104.737 | 106.608 | 108.480 | 109.637 | 111.508 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 92.725 | 97.125 | 102.375 | 106.775 | 112.025 | 116.425 | 121.675 |
| Camarilla | 104.971 | 105.856 | 106.740 | 107.625 | 108.510 | 109.394 | 110.279 |
| Woodie | 93.150 | 97.338 | 102.800 | 106.988 | 112.450 | 116.638 | 122.100 |
| Fibonacci | 97.125 | 100.811 | 103.089 | 106.775 | 110.461 | 112.739 | 116.425 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.092 | 83.758 | 98.367 | 108.033 | 122.642 | 132.308 | 146.917 |
| Camarilla | 106.299 | 108.525 | 110.750 | 112.975 | 115.200 | 117.425 | 119.651 |
| Woodie | 76.563 | 84.994 | 100.838 | 109.269 | 125.113 | 133.544 | 149.388 |
| Fibonacci | 83.758 | 93.031 | 98.760 | 108.033 | 117.306 | 123.035 | 132.308 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.73 | |
| MACD (12,26,9): | 0.2070 | |
| Directional Movement: | -3.413 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 107.588 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.403 | |
| Elder Ray (13): | -0.078 | |
| Super Trend (3,10): | 106.439 | |
| Zig ZAG (10): | 107.075 | |
| VORTEX (21): | 0.9360 | |
| Stochastique (14,3,5): | 70.21 | |
| TEMA (21): | 107.465 | |
| Williams %R (14): | -58.33 | |
| Chande Momentum Oscillator (20): | 0.125 | |
| Repulse (5,40,3): | -0.4930 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0320 | |
| Courbe Coppock: | 0.63 |
| MA7: | 107.771 | |
| MA20: | 113.681 | |
| MA50: | 107.029 | |
| MA100: | 100.619 | |
| MAexp7: | 107.212 | |
| MAexp20: | 107.273 | |
| MAexp50: | 106.702 | |
| MAexp100: | 106.048 | |
| Price / MA7: | -1.30% | |
| Price / MA20: | -6.43% | |
| Price / MA50: | -0.61% | |
| Price / MA100: | +5.72% | |
| Price / MAexp7: | -0.78% | |
| Price / MAexp20: | -0.84% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | +0.31% |
Quotes :
-
10 min delayed data
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NYMEX E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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