WTI CRUDE OIL
WTI CRUDE OIL
- USD (-)
- 10 min delayed data - NYMEX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: WBS
ISIN:

WTI CRUDE OIL - 15 min. - Technical analysis published on 06/19/2024 (GMT)

  • 96
  • 0
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
39%
28%
33%
My opinion
Neutral between 80.26 USD and 81.50 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 81.50 USD. The first support is located at 80.26 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance 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 may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The WTI CRUDE OIL rating is 80.58 USD. The price is lower by -0.30% since the last closing and was between 80.30 USD and 80.88 USD. This implies that the price is at +0.35% from its lowest and at -0.37% from its highest.

80.30
80.88
80.58

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by WTI CRUDE OIL:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of WTI CRUDE OIL in 15 min. shows an overall slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes


Momentum indicator is back over 0

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 77.33 79.03 79.92 80.58 80.93 82.64 84.63
Change (%) -4.03% -1.92% -0.82% - +0.43% +2.56% +5.03%
Change -3.25 -1.55 -0.66 - +0.35 +2.06 +4.05
Level Major Minor Minor - Intermediate Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard77.7078.3679.6080.2681.5082.1683.40
Camarilla80.3180.4880.6680.8381.0081.1881.35
Woodie77.9878.5179.8880.4181.7882.3183.68
Fibonacci78.3679.0979.5480.2680.9981.4482.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard71.1872.8475.2776.9379.3681.0283.45
Camarilla76.5976.9677.3477.7178.0978.4678.84
Woodie71.5873.0375.6777.1279.7681.2183.85
Fibonacci72.8474.4075.3676.9378.4979.4581.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard70.0172.7174.4877.1878.9581.6583.42
Camarilla75.0275.4375.8476.2576.6677.0777.48
Woodie69.5572.4874.0276.9578.4981.4282.96
Fibonacci72.7174.4275.4777.1878.8979.9481.65

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): 49.54
MACD (12,26,9): -0.0600
Directional Movement: -0.80
AROON (14): -71.43
DEMA (21): 80.46
Parabolic SAR (0,02-0,02-0,2): 80.30
Elder Ray (13): 0.02
Super Trend (3,10): 80.69
Zig ZAG (10): 80.54
VORTEX (21): 0.8900
Stochastique (14,3,5): 33.92
TEMA (21): 80.40
Williams %R (14): -55.10
Chande Momentum Oscillator (20): -0.10
Repulse (5,40,3): 0.0400
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 0.48
MA7: 78.78
MA20: 76.97
MA50: 78.52
MA100: 77.53
MAexp7: 80.50
MAexp20: 80.54
MAexp50: 80.56
MAexp100: 80.32
Price / MA7: +2.28%
Price / MA20: +4.69%
Price / MA50: +2.62%
Price / MA100: +3.93%
Price / MAexp7: +0.10%
Price / MAexp20: +0.05%
Price / MAexp50: +0.02%
Price / MAexp100: +0.32%

Quotes : - 10 min delayed data - NYMEX Futures

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

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