ROUGH RICE

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Type:	Commodities
Ticker:	RR
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ROUGH RICE - 1H - Technical analysis published on 04/07/2021 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

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ROUGH RICE Chart

Summary of the analysis

Trends

Court terme: Neutral

De fond: Slightly bearish

Technical indicators

50%

22%

28%

My opinion

Neutral between 13.096 USD and 13.215 USD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bearish trend on ROUGH RICE. It is difficult to advise a trading direction under these conditions. The first support is located at 13.096 USD. The first resistance is located at 13.215 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

Comment on the 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 Vincent Launay.

Additional analysis

Quotes

ROUGH RICE rating 13.160 USD. On the day, this instrument gained +0.23% with the lowest point at 13.100 USD and the highest point at 13.170 USD. The deviation from the price is +0.46% for the low point and -0.08% for the high point.

13.100

13.170

13.160

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this 1H chart of ROUGH RICE indicates that the overall trend is slightly bearish. 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 does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.990	13.096	13.158	13.160	13.215	13.310	13.500
Change (%)	-1.29%	-0.49%	-0.02%	-	+0.42%	+1.14%	+2.58%
Change	-0.170	-0.064	-0.002	-	+0.055	+0.150	+0.340
Level	Minor	Intermediate	Intermediate	-	Minor	Major	Intermediate

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	13.048	13.077	13.103	13.132	13.158	13.187	13.213
Camarilla	13.115	13.120	13.125	13.130	13.135	13.140	13.145
Woodie	13.048	13.076	13.103	13.131	13.158	13.186	13.213
Fibonacci	13.077	13.098	13.111	13.132	13.153	13.166	13.187

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.793	12.932	13.023	13.162	13.253	13.392	13.483
Camarilla	13.052	13.073	13.094	13.115	13.136	13.157	13.178
Woodie	12.770	12.920	13.000	13.150	13.230	13.380	13.460
Fibonacci	12.932	13.020	13.074	13.162	13.250	13.304	13.392

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.285	12.605	12.860	13.180	13.435	13.755	14.010
Camarilla	12.957	13.010	13.062	13.115	13.168	13.220	13.273
Woodie	12.253	12.589	12.828	13.164	13.403	13.739	13.978
Fibonacci	12.605	12.825	12.960	13.180	13.400	13.535	13.755

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	50.56
MACD (12,26,9):	-0.0080
Directional Movement:	13.479
AROON (14):	-28.571
DEMA (21):	13.128
Parabolic SAR (0,02-0,02-0,2):	13.185
Elder Ray (13):	-0.007
Super Trend (3,10):	13.081
Zig ZAG (10):	13.130
VORTEX (21):	0.7310
Stochastique (14,3,5):	23.81
TEMA (21):	13.117
Williams %R (14):	-95.24
Chande Momentum Oscillator (20):	0.025
Repulse (5,40,3):	0.0810
ROCnROLL:	1
TRIX (15,9):	-0.0150
Courbe Coppock:	0.01

MA7:	13.176
MA20:	13.132
MA50:	13.141
MA100:	12.869
MAexp7:	13.139
MAexp20:	13.147
MAexp50:	13.161
MAexp100:	13.156
Price / MA7:	-0.12%
Price / MA20:	+0.21%
Price / MA50:	+0.14%
Price / MA100:	+2.26%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.10%
Price / MAexp50:	-0.01%
Price / MAexp100:	+0.03%

Quotes : - 10 min delayed data - CBOT Futures

News

The last news published on ROUGH RICE at the time of the generation of this analysis was as follows:

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

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