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 12/10/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Neutral

Technical indicators

44%

28%

My opinion

Bullish above 1.6290 USD

My targets

1.6713 USD (+1.00%)

1.7552 USD (+6.07%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for GASOL as long as the price remains well above 1.6290 USD. The buyers” bullish objective is set at 1.6713 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.7552 USD. If there is any crossing, the next objective would be the resistance located at 1.8436 USD.

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

FORCE

1.6

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 1.6548 USD. The price has increased by +0.45% since the last closing with the lowest point at 1.6228 USD and the highest point at 1.6622 USD. The deviation from the price is +1.97% for the low point and -0.45% for the high point.

1.6228

1.6622

1.6548

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

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

Technical

Technical analysis of this Daily chart of GASOL indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

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 over -50

Type : Bullish

Timeframe : Daily

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.4717	1.5553	1.6467	1.6548	1.7552	1.8436	2.0076
Change (%)	-11.06%	-6.01%	-0.49%	-	+6.07%	+11.41%	+21.32%
Change	-0.1831	-0.0995	-0.0081	-	+0.1004	+0.1888	+0.3528
Level	Major	Major	Major	-	Minor	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5746	1.5882	1.6047	1.6183	1.6348	1.6484	1.6649
Camarilla	1.6128	1.6156	1.6183	1.6211	1.6239	1.6266	1.6294
Woodie	1.5760	1.5889	1.6061	1.6190	1.6362	1.6491	1.6663
Fibonacci	1.5882	1.5997	1.6068	1.6183	1.6298	1.6369	1.6484

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4295	1.5086	1.5498	1.6289	1.6701	1.7492	1.7904
Camarilla	1.5579	1.5690	1.5800	1.5910	1.6020	1.6131	1.6241
Woodie	1.4106	1.4991	1.5309	1.6194	1.6512	1.7397	1.7715
Fibonacci	1.5086	1.5546	1.5830	1.6289	1.6749	1.7033	1.7492

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4263	1.5065	1.5488	1.6290	1.6713	1.7515	1.7938
Camarilla	1.5573	1.5685	1.5798	1.5910	1.6022	1.6135	1.6247
Woodie	1.4073	1.4970	1.5298	1.6195	1.6523	1.7420	1.7748
Fibonacci	1.5065	1.5533	1.5822	1.6290	1.6758	1.7047	1.7515

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):	52.01
MACD (12,26,9):	-0.0050
Directional Movement:	2.3330
AROON (14):	-50.0000
DEMA (21):	1.6286
Parabolic SAR (0,02-0,02-0,2):	1.6766
Elder Ray (13):	0.0092
Super Trend (3,10):	1.5562
Zig ZAG (10):	1.6474
VORTEX (21):	0.9856
Stochastique (14,3,5):	44.87
TEMA (21):	1.6215
Williams %R (14):	-40.12
Chande Momentum Oscillator (20):	-0.0089
Repulse (5,40,3):	1.5561
ROCnROLL:	1
TRIX (15,9):	0.0022
Courbe Coppock:	1.60

MA7:	1.6124
MA20:	1.6358
MA50:	1.6259
MA100:	1.6502
MAexp7:	1.6235
MAexp20:	1.6327
MAexp50:	1.6387
MAexp100:	1.6651
Price / MA7:	+2.63%
Price / MA20:	+1.16%
Price / MA50:	+1.78%
Price / MA100:	+0.28%
Price / MAexp7:	+1.93%
Price / MAexp20:	+1.35%
Price / MAexp50:	+0.98%
Price / MAexp100:	-0.62%

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

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