GASOL
GASOL
- USD (-)
- 10 min delayed data - NYMEX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: RBOB
ISIN:

GASOL - 1H - Technical analysis published on 05/09/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
56%
28%
My opinion
Bullish above 3.7222 USD
My targets
3.8504 USD (+2.75%)
3.9385 USD (+5.10%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 3.7222 USD remains possible. It is advisable to trade GASOL with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 3.7222 USD. The next bullish objective for buyers is set at 3.8504 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.9385 USD. If there is any crossing, the next objective would be the resistance located at 4.1179 USD. PS: if there is a bearish break in the support located at 3.7222 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5

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:
15 min. Daily Weekly

Additional analysis

Quotes

The GASOL rating is 3.7474 USD. On the day, this instrument lost -0.31% with the lowest point at 3.6931 USD and the highest point at 3.8312 USD. The deviation from the price is +1.47% for the low point and -2.19% for the high point.

3.6931
3.8312
3.7474

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GASOL:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of GASOL in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour


Three black crows

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 3.4411 3.6171 3.7222 3.7474
Change (%) -8.17% -3.48% -0.67% -
Change -0.3063 -0.1303 -0.0252 -
Level Intermediate Major Minor -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.46573.54953.65433.73813.84293.92674.0315
Camarilla3.70713.72443.74173.75903.77633.79363.8109
Woodie3.47613.55483.66473.74343.85333.93204.0419
Fibonacci3.54953.62163.66613.73813.81023.85473.9267


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.98773.16713.46313.64253.93854.11794.4139
Camarilla3.62833.67183.71543.75903.80263.84623.8897
Woodie3.04593.19633.52133.67173.99674.14714.4721
Fibonacci3.16713.34873.46093.64253.82413.93634.1179


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.54062.74463.09353.29753.64643.85044.1993
Camarilla3.29043.34103.39173.44243.49313.54383.5945
Woodie2.61312.78083.16603.33373.71893.88664.2718
Fibonacci2.74462.95583.08633.29753.50873.63923.8504

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): 41.05
MACD (12,26,9): 0.0074
Directional Movement: -13.1133
AROON (14): -92.8571
DEMA (21): 3.7714
Parabolic SAR (0,02-0,02-0,2): 3.8094
Elder Ray (13): -0.0443
Super Trend (3,10): 3.7165
Zig ZAG (10): 3.7242
VORTEX (21): 1.0437
Stochastique (14,3,5): 15.38
TEMA (21): 3.7570
Williams %R (14): -77.70
Chande Momentum Oscillator (20): -0.0678
Repulse (5,40,3): -0.2359
ROCnROLL: -1
TRIX (15,9): 0.0712
Courbe Coppock: 1.99
MA7: 3.6088
MA20: 3.3838
MA50: 3.2662
MA100: 2.9093
MAexp7: 3.7456
MAexp20: 3.7534
MAexp50: 3.7161
MAexp100: 3.6500
Price / MA7: +3.84%
Price / MA20: +10.75%
Price / MA50: +14.73%
Price / MA100: +28.81%
Price / MAexp7: +0.05%
Price / MAexp20: -0.16%
Price / MAexp50: +0.84%
Price / MAexp100: +2.67%

Quotes : - 10 min delayed data - NYMEX Futures

News


Don't forget to follow the news on GASOL. At the time of publication of this analysis, the latest news was as follows:

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

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