10Y TNOTE FULL0624 - Daily - Technical analysis published on 02/28/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 133.863 USD
My targets
127.925 USD (-3.61%)
121.234 USD (-8.65%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on 10Y TNOTE FULL0621 as long as the price remains well below 133.863 USD. The sellers” bearish objective is set at 127.925 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 121.234 USD. In case of crossing, the next objective would be the support located at 117.684 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The 10Y TNOTE FULL0621 price is 132.719 USD. The price has increased by +0.11% since the last closing and was between 132.250 USD and 133.328 USD. This implies that the price is at +0.35% from its lowest and at -0.46% from its highest.132.250
133.328
132.719
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
Here is a more detailed summary of the historical variations registered by 10Y TNOTE FULL0621:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of 10Y TNOTE FULL0621 in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. 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:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Long black line
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 117.684 | 121.234 | 127.925 | 132.719 | 133.863 | 136.391 | 137.094 |
| Change (%) | -11.33% | -8.65% | -3.61% | - | +0.86% | +2.77% | +3.30% |
| Change | -15.035 | -11.485 | -4.794 | - | +1.144 | +3.672 | +4.375 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 127.979 | 129.974 | 131.276 | 133.271 | 134.573 | 136.568 | 137.870 |
| Camarilla | 131.671 | 131.974 | 132.276 | 132.578 | 132.880 | 133.183 | 133.485 |
| Woodie | 127.633 | 129.801 | 130.930 | 133.098 | 134.227 | 136.395 | 137.524 |
| Fibonacci | 129.974 | 131.233 | 132.012 | 133.271 | 134.531 | 135.309 | 136.568 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 133.890 | 134.609 | 135.031 | 135.750 | 136.172 | 136.891 | 137.313 |
| Camarilla | 135.139 | 135.244 | 135.348 | 135.453 | 135.558 | 135.662 | 135.767 |
| Woodie | 133.742 | 134.535 | 134.883 | 135.676 | 136.024 | 136.817 | 137.165 |
| Fibonacci | 134.609 | 135.045 | 135.314 | 135.750 | 136.186 | 136.455 | 136.891 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 133.948 | 134.989 | 136.089 | 137.130 | 138.230 | 139.271 | 140.371 |
| Camarilla | 136.599 | 136.796 | 136.992 | 137.188 | 137.384 | 137.581 | 137.777 |
| Woodie | 133.977 | 135.004 | 136.118 | 137.145 | 138.259 | 139.286 | 140.400 |
| Fibonacci | 134.989 | 135.807 | 136.313 | 137.130 | 137.948 | 138.454 | 139.271 |
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): | 21.55 | |
| MACD (12,26,9): | -0.8340 | |
| Directional Movement: | -43.853 | |
| AROON (14): | -71.428 | |
| DEMA (21): | 134.633 | |
| Parabolic SAR (0,02-0,02-0,2): | 135.719 | |
| Elder Ray (13): | -2.327 | |
| Super Trend (3,10): | 135.154 | |
| Zig ZAG (10): | 133.156 | |
| VORTEX (21): | 0.6030 | |
| Stochastique (14,3,5): | 16.25 | |
| TEMA (21): | 134.097 | |
| Williams %R (14): | -76.69 | |
| Chande Momentum Oscillator (20): | -3.766 | |
| Repulse (5,40,3): | -1.1350 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0510 | |
| Courbe Coppock: | 3.32 |
| MA7: | 134.707 | |
| MA20: | 135.950 | |
| MA50: | 136.779 | |
| MA100: | 137.535 | |
| MAexp7: | 134.415 | |
| MAexp20: | 135.586 | |
| MAexp50: | 136.534 | |
| MAexp100: | 137.262 | |
| Price / MA7: | -1.48% | |
| Price / MA20: | -2.38% | |
| Price / MA50: | -2.97% | |
| Price / MA100: | -3.50% | |
| Price / MAexp7: | -1.26% | |
| Price / MAexp20: | -2.11% | |
| Price / MAexp50: | -2.79% | |
| Price / MAexp100: | -3.31% |
Quotes :
2021-02-26 22:41:07
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10 min delayed data
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CBOT Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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