WTI CRUDE OIL - 15 min. - Technical analysis published on 06/21/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
33%
33%
33%
My opinion
Neutral between 108.06 USD and 110.60 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 108.06 USD. The first resistance is located at 110.60 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WTI CRUDE OIL rating is 109.78 USD. The price has increased by +1.66% since the last closing with the lowest point at 108.70 USD and the highest point at 111.16 USD. The deviation from the price is +0.99% for the low point and -1.24% for the high point.108.70
111.16
109.78
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of WTI CRUDE OIL in 15 min. shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
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 | 104.58 | 106.79 | 109.08 | 109.78 | 110.47 | 113.12 | 117.63 |
| Change (%) | -4.74% | -2.72% | -0.64% | - | +0.63% | +3.04% | +7.15% |
| Change | -5.20 | -2.99 | -0.70 | - | +0.69 | +3.34 | +7.85 |
| Level | Major | Major | Minor | - | Intermediate | Minor | Major |
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 | 104.21 | 105.52 | 106.75 | 108.06 | 109.29 | 110.60 | 111.83 |
| Camarilla | 107.29 | 107.52 | 107.76 | 107.99 | 108.22 | 108.46 | 108.69 |
| Woodie | 104.18 | 105.50 | 106.72 | 108.04 | 109.26 | 110.58 | 111.80 |
| Fibonacci | 105.52 | 106.49 | 107.09 | 108.06 | 109.03 | 109.63 | 110.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.07 | 96.92 | 102.50 | 112.35 | 117.93 | 127.78 | 133.36 |
| Camarilla | 103.84 | 105.25 | 106.67 | 108.08 | 109.49 | 110.91 | 112.32 |
| Woodie | 84.94 | 95.85 | 100.37 | 111.28 | 115.80 | 126.71 | 131.23 |
| Fibonacci | 96.92 | 102.81 | 106.46 | 112.35 | 118.24 | 121.89 | 127.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.12 | 84.74 | 99.26 | 108.88 | 123.40 | 133.02 | 147.54 |
| Camarilla | 107.14 | 109.35 | 111.57 | 113.78 | 115.99 | 118.21 | 120.42 |
| Woodie | 77.57 | 85.97 | 101.71 | 110.11 | 125.85 | 134.25 | 149.99 |
| Fibonacci | 84.74 | 93.96 | 99.66 | 108.88 | 118.10 | 123.80 | 133.02 |
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): | 41.93 | |
| MACD (12,26,9): | -0.2100 | |
| Directional Movement: | -6.77 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 109.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 110.19 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 110.85 | |
| Zig ZAG (10): | 109.15 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 26.41 | |
| TEMA (21): | 109.30 | |
| Williams %R (14): | -80.52 | |
| Chande Momentum Oscillator (20): | -1.34 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.58 |
| MA7: | 113.20 | |
| MA20: | 114.88 | |
| MA50: | 107.34 | |
| MA100: | 100.80 | |
| MAexp7: | 109.38 | |
| MAexp20: | 109.67 | |
| MAexp50: | 109.82 | |
| MAexp100: | 109.82 | |
| Price / MA7: | -3.02% | |
| Price / MA20: | -4.44% | |
| Price / MA50: | +2.27% | |
| Price / MA100: | +8.91% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.04% |
Quotes :
-
10 min delayed data
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NYMEX Futures
News
The last news published on WTI CRUDE OIL at the time of the generation of this analysis was as follows:
-
WTI Crude Oil and USD/CAD Forecast June 21, 2022
-
WTI Crude Oil Forecast June 20, 2022
-
WTI Crude Oil Forecast June 17, 2022
-
Technical Analysis: 16/06/2022 - WTI futures capped by 20-day SMA but remains positive
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WTI Crude Oil and CAD/JPY Forecast June 16, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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