30Y TBOND FULL0624
30Y TBOND FULL0624
- USD (-)
- 10 min delayed data - CBOT Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: ZBXXXX
ISIN: ZBXXXX

30Y TBOND FULL0624 - Weekly - Technical analysis published on 01/26/2021 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bullish
Technical indicators
22%
72%
6%
My opinion
Bearish under 170.00 USD
My targets
165.81 USD (-2.40%)
157.31 USD (-7.40%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for 30Y TBOND FULL0321 as long as the price remains well below 170.00 USD. The next bearish objective for sellers is set at 165.81 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 157.31 USD. In case of crossing, the next objective would be the support located at 152.80 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 165.81 USD. With this support, against the trend traders who want to buy 30Y TBOND FULL0321 on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.3

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 SuperLubeCrude. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The 30Y TBOND FULL0321 rating is 169.88 USD. The price registered an increase of +0.54% over 5 days with the lowest point at 168.22 USD and the highest point at 170.19 USD. The deviation from the price is +0.99% for the low point and -0.18% for the high point.

168.22
170.19
169.88

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Weekly chart of 30Y TBOND FULL0321 indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 4 are bullish, 1 are neutral and 13 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Weekly

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 152.80 157.31 165.81 169.88 170.00 177.45 182.78
Change (%) -10.05% -7.40% -2.40% - +0.07% +4.46% +7.59%
Change -17.08 -12.57 -4.07 - +0.12 +7.57 +12.90
Level Major Intermediate Minor - Major Intermediate 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
Standard167.39167.99168.98169.58170.57171.18172.17
Camarilla169.53169.68169.82169.97170.12170.26170.41
Woodie167.58168.09169.17169.68170.77171.27172.36
Fibonacci167.99168.60168.98169.58170.19170.57171.18


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard167.06167.63168.25168.81169.44170.00170.62
Camarilla168.55168.66168.77168.88168.98169.09169.20
Woodie167.10167.64168.28168.83169.47170.02170.66
Fibonacci167.63168.08168.36168.81169.27169.55170.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard168.29169.71171.45172.87174.60176.02177.76
Camarilla172.32172.61172.90173.19173.48173.77174.06
Woodie168.45169.79171.61172.95174.77176.10177.92
Fibonacci169.71170.91171.66172.87174.07174.82176.02

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): 42.20
MACD (12,26,9): -1.5300
Directional Movement: -14.76
AROON (14): -71.42
DEMA (21): 170.83
Parabolic SAR (0,02-0,02-0,2): 172.50
Elder Ray (13): -2.17
Super Trend (3,10): 177.47
Zig ZAG (10): 170.03
VORTEX (21): 0.9000
Stochastique (14,3,5): 22.00
TEMA (21): 168.81
Williams %R (14): -68.39
Chande Momentum Oscillator (20): -3.28
Repulse (5,40,3): 0.2000
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 4.32
MA7: 169.17
MA20: 169.93
MA50: 171.75
MA100: 173.17
MAexp7: 170.48
MAexp20: 172.54
MAexp50: 172.11
MAexp100: 167.40
Price / MA7: +0.42%
Price / MA20: -0.03%
Price / MA50: -1.09%
Price / MA100: -1.90%
Price / MAexp7: -0.35%
Price / MAexp20: -1.54%
Price / MAexp50: -1.30%
Price / MAexp100: +1.48%

Quotes : 2021-01-26 22:46:13 - 10 min delayed data - CBOT Futures

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

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