MINI CRUDE OIL FULL0125

- USD (-)

- 10 min delayed data - NYMEX E-mini Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Futures
Ticker:	QMXXXX
ISIN:	QMXXXX

MINI CRUDE OIL FULL0125 - Daily - Technical analysis published on 06/12/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 78.233 USD

My targets

82.467 USD (+4.16%)

83.480 USD (+5.44%)

My analysis

A bullish trend on MINI CRUDE OIL FULL0724 both in substance and in the short term. A purchase could be considered as long as the price remains above 78.233 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 82.467 USD. Then the price could move towards 83.480 USD. Then 85.800 USD by extension. Be careful, a return below 78.233 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

4.3

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

Additional analysis

Quotes

The MINI CRUDE OIL FULL0724 rating is 79.175 USD. The price has increased by +1.64% since the last closing with the lowest point at 78.025 USD and the highest point at 79.200 USD. The deviation from the price is +1.47% for the low point and -0.03% for the high point.

78.025

79.200

79.175

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 MINI CRUDE OIL FULL0724:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of MINI CRUDE OIL FULL0724 in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.233	75.823	78.233	79.175	83.480	85.800	88.982
Change (%)	-7.50%	-4.23%	-1.19%	-	+5.44%	+8.37%	+12.39%
Change	-5.942	-3.352	-0.942	-	+4.305	+6.625	+9.807
Level	Intermediate	Intermediate	Major	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	76.175	76.700	77.300	77.825	78.425	78.950	79.550
Camarilla	77.591	77.694	77.797	77.900	78.003	78.106	78.209
Woodie	76.213	76.719	77.338	77.844	78.463	78.969	79.588
Fibonacci	76.700	77.130	77.395	77.825	78.255	78.520	78.950

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.808	70.142	72.833	75.167	77.858	80.192	82.883
Camarilla	74.143	74.604	75.064	75.525	75.986	76.446	76.907
Woodie	67.988	70.231	73.013	75.256	78.038	80.281	83.063
Fibonacci	70.142	72.061	73.247	75.167	77.086	78.272	80.192

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70.633	73.367	75.183	77.917	79.733	82.467	84.283
Camarilla	75.749	76.166	76.583	77.000	77.417	77.834	78.251
Woodie	70.175	73.138	74.725	77.688	79.275	82.238	83.825
Fibonacci	73.367	75.105	76.179	77.917	79.655	80.729	82.467

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):	55.12
MACD (12,26,9):	-0.6380
Directional Movement:	0.813
AROON (14):	-28.572
DEMA (21):	76.429
Parabolic SAR (0,02-0,02-0,2):	72.475
Elder Ray (13):	1.488
Super Trend (3,10):	73.318
Zig ZAG (10):	79.150
VORTEX (21):	1.0090
Stochastique (14,3,5):	70.85
TEMA (21):	76.466
Williams %R (14):	-18.04
Chande Momentum Oscillator (20):	0.600
Repulse (5,40,3):	3.5480
ROCnROLL:	1
TRIX (15,9):	-0.1850
Courbe Coppock:	4.36

MA7:	76.171
MA20:	77.419
MA50:	79.867
MA100:	78.372
MAexp7:	77.223
MAexp20:	77.407
MAexp50:	78.362
MAexp100:	78.012
Price / MA7:	+3.94%
Price / MA20:	+2.27%
Price / MA50:	-0.87%
Price / MA100:	+1.02%
Price / MAexp7:	+2.53%
Price / MAexp20:	+2.28%
Price / MAexp50:	+1.04%
Price / MAexp100:	+1.49%

Quotes : - 10 min delayed data - NYMEX E-mini Futures

This member declared not having a position on this financial instrument or a related financial instrument.

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MINI CRUDE OIL FULL0125 - Daily - Technical analysis published on 06/12/2024 (GMT)

Summary of the analysis

Additional analysis

Quotes

Technical

Numerical data

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