Londinia Opportunities Analyses - 01/02/2025 (GMT) GASOL - 1H
-
USD
(-)
-
10 min delayed data - NYMEX Futures
Type: | Commodities |
Ticker: | RBOB |
ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 2.0387 USD
My targets
2.0998 USD (+1.54%)
2.1843 USD (+5.63%)
My analysis
The bullish trend is currently very strong on GASOL. As long as the price remains above the support at 2.0387 USD, you could try to benefit from the boom. The first bullish objective is located at 2.0998 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.1843 USD as an objective. Crossing it would then enable buyers to target 2.3301 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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.
Additional analysis
Quotes
GASOL rating 2.0679 USD. The price registered an increase of +2.92% on the session and was traded between 2.0090 USD and 2.0696 USD over the period. The price is currently at +2.93% from its lowest and -0.08% from its highest.2.0090
2.0696
2.0679
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GASOL in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.9737 | 2.0033 | 2.0387 | 2.0679 | 2.1843 | 2.3301 | 2.5047 |
Change (%) | -4.56% | -3.12% | -1.41% | - | +5.63% | +12.68% | +21.12% |
Change | -0.0942 | -0.0646 | -0.0292 | - | +0.1164 | +0.2622 | +0.4368 |
Level | Minor | Intermediate | Major | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.9508 | 1.9644 | 1.9868 | 2.0004 | 2.0228 | 2.0364 | 2.0588 |
Camarilla | 1.9993 | 2.0026 | 2.0059 | 2.0092 | 2.0125 | 2.0158 | 2.0191 |
Woodie | 1.9552 | 1.9666 | 1.9912 | 2.0026 | 2.0272 | 2.0386 | 2.0632 |
Fibonacci | 1.9644 | 1.9782 | 1.9867 | 2.0004 | 2.0142 | 2.0227 | 2.0364 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.8764 | 1.9047 | 1.9384 | 1.9667 | 2.0004 | 2.0287 | 2.0624 |
Camarilla | 1.9552 | 1.9608 | 1.9665 | 1.9722 | 1.9779 | 1.9836 | 1.9893 |
Woodie | 1.8792 | 1.9061 | 1.9412 | 1.9681 | 2.0032 | 2.0301 | 2.0652 |
Fibonacci | 1.9047 | 1.9284 | 1.9430 | 1.9667 | 1.9904 | 2.0050 | 2.0287 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.8183 | 1.8636 | 1.9364 | 1.9817 | 2.0545 | 2.0998 | 2.1726 |
Camarilla | 1.9767 | 1.9876 | 1.9984 | 2.0092 | 2.0200 | 2.0309 | 2.0417 |
Woodie | 1.8321 | 1.8705 | 1.9502 | 1.9886 | 2.0683 | 2.1067 | 2.1864 |
Fibonacci | 1.8636 | 1.9087 | 1.9366 | 1.9817 | 2.0268 | 2.0547 | 2.0998 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 86.12 | |
MACD (12,26,9): | 0.0143 | |
Directional Movement: | 38.0720 | |
AROON (14): | 50.0000 | |
DEMA (21): | 2.0485 | |
Parabolic SAR (0,02-0,02-0,2): | 2.0261 | |
Elder Ray (13): | 0.0264 | |
Super Trend (3,10): | 2.0393 | |
Zig ZAG (10): | 2.0650 | |
VORTEX (21): | 1.4005 | |
Stochastique (14,3,5): | 96.64 | |
TEMA (21): | 2.0580 | |
Williams %R (14): | -24.52 | |
Chande Momentum Oscillator (20): | 0.0375 | |
Repulse (5,40,3): | 0.5100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0785 | |
Courbe Coppock: | 2.99 |
MA7: | 1.9916 | |
MA20: | 1.9761 | |
MA50: | 1.9701 | |
MA100: | 1.9659 | |
MAexp7: | 2.0509 | |
MAexp20: | 2.0314 | |
MAexp50: | 2.0123 | |
MAexp100: | 1.9970 | |
Price / MA7: | +3.83% | |
Price / MA20: | +4.65% | |
Price / MA50: | +4.96% | |
Price / MA100: | +5.19% | |
Price / MAexp7: | +0.83% | |
Price / MAexp20: | +1.80% | |
Price / MAexp50: | +2.76% | |
Price / MAexp100: | +3.55% |
Quotes :
-
10 min delayed data
-
Futures NYMEX
News
Don't forget to follow the news on GASOL. At the time of publication of this analysis, the latest news was as follows: