ROUGH RICE

- USD (-)

- 10 min delayed data - CBOT Futures

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Commodities
Ticker:	RR
ISIN:

ROUGH RICE - Daily - Technical analysis published on 03/30/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Bullish

Technical indicators

44%

28%

My opinion

Bullish above 13.695 USD

My targets

14.290 USD (+2.29%)

14.727 USD (+5.42%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ROUGH RICE as long as the price remains well above 13.695 USD. The buyers” bullish objective is set at 14.290 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.727 USD. If there is any crossing, the next objective would be the resistance located at 15.979 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

FORCE

3.4

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ROUGH RICE rating is 13.970 USD. The price registered an increase of +1.45% on the session with the lowest point at 13.725 USD and the highest point at 14.090 USD. The deviation from the price is +1.79% for the low point and -0.85% for the high point.

13.725

14.090

13.970

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

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ROUGH RICE in Daily shows an overall bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Three black crows

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.354	13.280	13.695	13.970	14.290	15.979	18.370
Change (%)	-11.57%	-4.94%	-1.97%	-	+2.29%	+14.38%	+31.50%
Change	-1.616	-0.690	-0.275	-	+0.320	+2.009	+4.400
Level	Major	Major	Major	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.762	12.958	13.097	13.293	13.432	13.628	13.767
Camarilla	13.143	13.174	13.204	13.235	13.266	13.296	13.327
Woodie	12.733	12.944	13.068	13.279	13.403	13.614	13.738
Fibonacci	12.958	13.086	13.165	13.293	13.421	13.500	13.628

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.137	12.413	12.867	13.143	13.597	13.873	14.327
Camarilla	13.119	13.186	13.253	13.320	13.387	13.454	13.521
Woodie	12.225	12.458	12.955	13.188	13.685	13.918	14.415
Fibonacci	12.413	12.692	12.865	13.143	13.422	13.595	13.873

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.387	12.733	13.167	13.513	13.947	14.293	14.727
Camarilla	13.386	13.457	13.529	13.600	13.672	13.743	13.815
Woodie	12.430	12.755	13.210	13.535	13.990	14.315	14.770
Fibonacci	12.733	13.031	13.215	13.513	13.811	13.995	14.293

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.76
MACD (12,26,9):	0.0190
Directional Movement:	-0.246
AROON (14):	50.000
DEMA (21):	13.463
Parabolic SAR (0,02-0,02-0,2):	13.111
Elder Ray (13):	-0.150
Super Trend (3,10):	13.117
Zig ZAG (10):	13.280
VORTEX (21):	0.9590
Stochastique (14,3,5):	34.74
TEMA (21):	13.452
Williams %R (14):	-64.46
Chande Momentum Oscillator (20):	0.370
Repulse (5,40,3):	-3.5580
ROCnROLL:	2
TRIX (15,9):	0.0030
Courbe Coppock:	2.30

MA7:	13.654
MA20:	13.397
MA50:	13.470
MA100:	12.990
MAexp7:	13.456
MAexp20:	13.443
MAexp50:	13.346
MAexp100:	13.043
Price / MA7:	+2.31%
Price / MA20:	+4.28%
Price / MA50:	+3.71%
Price / MA100:	+7.54%
Price / MAexp7:	+3.82%
Price / MAexp20:	+3.92%
Price / MAexp50:	+4.68%
Price / MAexp100:	+7.11%

News

Don"t forget to follow the news on ROUGH RICE. 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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