GASOL

- USD (-)

- 10 min delayed data - NYMEX Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Commodities
Ticker:	RBOB
ISIN:

GASOL - Daily - Technical analysis published on 04/26/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bullish

Technical indicators

22%

33%

44%

My opinion

Bullish above 1.8721 USD

My targets

2.0518 USD (+4.59%)

2.1500 USD (+9.60%)

My analysis

The basic trend is bullish on GASOL and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 1.8721 USD. Sellers would then use the next support located at 1.8436 USD as an objective. Crossing it would then enable sellers to target 1.5535 USD. If there is a return to above the resistance located at 2.0518 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 2.1500 USD and 2.2702 USD by extension.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

1.1

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 Clay707. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GASOL rating is 1.9617 USD. The price registered a decrease of -1.70% on the session and was between 1.9409 USD and 1.9984 USD. This implies that the price is at +1.07% from its lowest and at -1.84% from its highest.

1.9409

1.9984

1.9617

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GASOL:

Technical

A technical analysis in Daily of this GASOL chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. 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 : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.5535	1.8436	1.9527	1.9617	2.0518	2.1500	2.2702
Change (%)	-20.81%	-6.02%	-0.46%	-	+4.59%	+9.60%	+15.73%
Change	-0.4082	-0.1181	-0.0090	-	+0.0901	+0.1883	+0.3085
Level	Minor	Intermediate	Major	-	Minor	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.9430	1.9565	1.9761	1.9896	2.0092	2.0227	2.0423
Camarilla	1.9866	1.9896	1.9927	1.9957	1.9987	2.0018	2.0048
Woodie	1.9461	1.9580	1.9792	1.9911	2.0123	2.0242	2.0454
Fibonacci	1.9565	1.9691	1.9770	1.9896	2.0022	2.0101	2.0227

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8358	1.8983	1.9470	2.0095	2.0582	2.1207	2.1694
Camarilla	1.9651	1.9753	1.9855	1.9957	2.0059	2.0161	2.0263
Woodie	1.8289	1.8949	1.9401	2.0061	2.0513	2.1173	2.1625
Fibonacci	1.8983	1.9408	1.9670	2.0095	2.0520	2.0782	2.1207

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5730	1.7220	1.8721	2.0211	2.1712	2.3202	2.4703
Camarilla	1.9401	1.9675	1.9949	2.0223	2.0497	2.0771	2.1046
Woodie	1.5737	1.7223	1.8728	2.0214	2.1719	2.3205	2.4710
Fibonacci	1.7220	1.8362	1.9068	2.0211	2.1353	2.2059	2.3202

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):	47.08
MACD (12,26,9):	0.0106
Directional Movement:	-5.0908
AROON (14):	64.2857
DEMA (21):	2.0091
Parabolic SAR (0,02-0,02-0,2):	2.0720
Elder Ray (13):	-0.0239
Super Trend (3,10):	2.1250
Zig ZAG (10):	1.9617
VORTEX (21):	1.0335
Stochastique (14,3,5):	38.99
TEMA (21):	1.9823
Williams %R (14):	-74.66
Chande Momentum Oscillator (20):	-0.0031
Repulse (5,40,3):	-2.2366
ROCnROLL:	-1
TRIX (15,9):	0.1041
Courbe Coppock:	2.56

MA7:	2.0020
MA20:	1.9913
MA50:	1.9705
MA100:	1.7235
MAexp7:	1.9896
MAexp20:	1.9904
MAexp50:	1.9197
MAexp100:	1.7608
Price / MA7:	-2.01%
Price / MA20:	-1.49%
Price / MA50:	-0.45%
Price / MA100:	+13.82%
Price / MAexp7:	-1.40%
Price / MAexp20:	-1.44%
Price / MAexp50:	+2.19%
Price / MAexp100:	+11.41%

Quotes : - 10 min delayed data - NYMEX Futures

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

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