WTI CRUDE OIL - 1H - Technical analysis published on 04/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
WTI CRUDE OIL rating 59.20 USD. The price is lower by -0.22% since the last closing and was between 58.65 USD and 60.04 USD. This implies that the price is at +0.94% from its lowest and at -1.40% from its highest.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 WTI CRUDE OIL:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of WTI CRUDE OIL in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 53.52 | 57.63 | 58.85 | 59.20 | 59.41 | 59.94 | 60.89 |
Change (%) | -9.59% | -2.65% | -0.59% | - | +0.35% | +1.25% | +2.85% |
Change | -5.68 | -1.57 | -0.35 | - | +0.21 | +0.74 | +1.69 |
Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 56.05 | 57.34 | 58.33 | 59.62 | 60.61 | 61.90 | 62.89 |
Camarilla | 58.70 | 58.91 | 59.12 | 59.33 | 59.54 | 59.75 | 59.96 |
Woodie | 55.91 | 57.27 | 58.19 | 59.55 | 60.47 | 61.83 | 62.75 |
Fibonacci | 57.34 | 58.21 | 58.75 | 59.62 | 60.49 | 61.03 | 61.90 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 56.02 | 57.44 | 59.44 | 60.86 | 62.86 | 64.28 | 66.28 |
Camarilla | 60.51 | 60.82 | 61.14 | 61.45 | 61.76 | 62.08 | 62.39 |
Woodie | 56.32 | 57.59 | 59.74 | 61.01 | 63.16 | 64.43 | 66.58 |
Fibonacci | 57.44 | 58.74 | 59.55 | 60.86 | 62.16 | 62.97 | 64.28 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 45.74 | 51.50 | 56.47 | 62.23 | 67.20 | 72.96 | 77.93 |
Camarilla | 58.50 | 59.48 | 60.47 | 61.45 | 62.43 | 63.42 | 64.40 |
Woodie | 45.36 | 51.30 | 56.09 | 62.03 | 66.82 | 72.76 | 77.55 |
Fibonacci | 51.50 | 55.60 | 58.13 | 62.23 | 66.33 | 68.86 | 72.96 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 43.69 | |
MACD (12,26,9): | -0.0100 | |
Directional Movement: | -2.91 | |
AROON (14): | 21.43 | |
DEMA (21): | 59.45 | |
Parabolic SAR (0,02-0,02-0,2): | 60.04 | |
Elder Ray (13): | -0.10 | |
Super Trend (3,10): | 58.87 | |
Zig ZAG (10): | 59.07 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 64.22 | |
TEMA (21): | 59.37 | |
Williams %R (14): | -88.10 | |
Chande Momentum Oscillator (20): | -0.41 | |
Repulse (5,40,3): | -0.8900 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0100 | |
Courbe Coppock: | 0.14 |
MA7: | 59.94 | |
MA20: | 61.60 | |
MA50: | 60.25 | |
MA100: | 54.12 | |
MAexp7: | 59.33 | |
MAexp20: | 59.48 | |
MAexp50: | 59.60 | |
MAexp100: | 59.81 | |
Price / MA7: | -1.23% | |
Price / MA20: | -3.90% | |
Price / MA50: | -1.74% | |
Price / MA100: | +9.39% | |
Price / MAexp7: | -0.22% | |
Price / MAexp20: | -0.47% | |
Price / MAexp50: | -0.67% | |
Price / MAexp100: | -1.02% |
News
Don"t forget to follow the news on WTI CRUDE OIL. At the time of publication of this analysis, the latest news was as follows:
- WTI Crude Oil Forecast April 7, 2021
- WTI Crude Oil and USD/CAD Forecast April 6, 2021
- WTI Crude Oil and USD/CAD Forecast April 5, 2021
- WTI Crude Oil and USD/CAD Forecast April 2, 2021
- WTI Crude Oil Forecast April 1, 2021
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