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 04/12/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 3.1243 USD

My targets

3.2917 USD (+4.04%)

3.4426 USD (+8.81%)

My analysis

The basic bullish trend is very strong on GASOL but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 3.1243 USD. Crossing the first resistance at 3.2917 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 3.4426 USD as an objective. Crossing it would then enable buyers to target 3.6552 USD. Caution, a return to below 3.1243 USD would be a sign of a consolidation phase in the short-term basic trend. 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 are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.4

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

Additional analysis

Quotes

The GASOL price is 3.1638 USD. On the day, this instrument gained +5.35% and was traded between 3.0093 USD and 3.1714 USD over the period. The price is currently at +5.13% from its lowest and -0.24% from its highest.

3.0093

3.1714

3.1638

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

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of GASOL indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

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 over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	2.4855	2.9601	3.1509	3.1638	3.4426	3.6552
Change (%)	-21.44%	-6.44%	-0.41%	-	+8.81%	+15.53%
Change	-0.6783	-0.2037	-0.0129	-	+0.2788	+0.4914
Level	Major	Minor	Intermediate	-	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.8194	2.9062	2.9547	3.0415	3.0900	3.1768	3.2253
Camarilla	2.9659	2.9783	2.9907	3.0031	3.0155	3.0279	3.0403
Woodie	2.8002	2.8966	2.9355	3.0319	3.0708	3.1672	3.2061
Fibonacci	2.9062	2.9579	2.9899	3.0415	3.0932	3.1252	3.1768

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.7262	2.8565	2.9940	3.1243	3.2618	3.3921	3.5296
Camarilla	3.0580	3.0825	3.1071	3.1316	3.1562	3.1807	3.2053
Woodie	2.7299	2.8583	2.9977	3.1261	3.2655	3.3939	3.5333
Fibonacci	2.8565	2.9588	3.0220	3.1243	3.2266	3.2898	3.3921

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7162	2.2874	2.7205	3.2917	3.7248	4.2960	4.7291
Camarilla	2.8773	2.9694	3.0614	3.1535	3.2456	3.3376	3.4297
Woodie	1.6471	2.2529	2.6514	3.2572	3.6557	4.2615	4.6600
Fibonacci	2.2874	2.6711	2.9081	3.2917	3.6754	3.9124	4.2960

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):	50.89
MACD (12,26,9):	-0.0030
Directional Movement:	-2.1144
AROON (14):	-71.4285
DEMA (21):	3.1713
Parabolic SAR (0,02-0,02-0,2):	3.4088
Elder Ray (13):	-0.0564
Super Trend (3,10):	3.5647
Zig ZAG (10):	3.1652
VORTEX (21):	0.9746
Stochastique (14,3,5):	23.63
TEMA (21):	3.0905
Williams %R (14):	-62.54
Chande Momentum Oscillator (20):	-0.2753
Repulse (5,40,3):	2.5575
ROCnROLL:	1
TRIX (15,9):	0.1280
Courbe Coppock:	9.33

MA7:	3.1075
MA20:	3.1964
MA50:	3.0723
MA100:	2.7227
MAexp7:	3.1170
MAexp20:	3.1537
MAexp50:	3.0428
MAexp100:	2.8278
Price / MA7:	+1.81%
Price / MA20:	-1.02%
Price / MA50:	+2.98%
Price / MA100:	+16.20%
Price / MAexp7:	+1.50%
Price / MAexp20:	+0.32%
Price / MAexp50:	+3.98%
Price / MAexp100:	+11.88%

Quotes : - 10 min delayed data - NYMEX Futures

News

The latest news and videos published on GASOL at the time of the analysis were as follows:

Spain's NBA champion Pau Gasol retires

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

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