GASOL

- USD (-)

- 10 min delayed data - NYMEX Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Commodities
Ticker:	RBOB
ISIN:

GASOL - Daily - Technical analysis published on 09/23/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 2.1542 USD

My targets

1.9644 USD (-7.26%)

1.8436 USD (-12.96%)

My analysis

GASOL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.1542 USD. The next support located at 1.9644 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.8436 USD. Below this support, sellers could then target 1.6748 USD.

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

Force

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 GASOL price is 2.1181 USD. On the day, this instrument lost -0.27% and was traded between 2.1161 USD and 2.1313 USD over the period. The price is currently at +0.09% from its lowest and -0.62% from its highest.

2.1161

2.1313

2.1181

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GASOL:

Technical

Technical analysis of this Daily chart of GASOL indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.5535	1.6748	1.8436	2.1181	2.1542	2.2702	3.1333
Change (%)	-26.66%	-20.93%	-12.96%	-	+1.70%	+7.18%	+47.93%
Change	-0.5646	-0.4433	-0.2745	-	+0.0361	+0.1521	+1.0152
Level	Intermediate	Minor	Major	-	Major	Major	Minor

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	2.0378	2.0614	2.0927	2.1163	2.1476	2.1712	2.2025
Camarilla	2.1088	2.1138	2.1189	2.1239	2.1289	2.1340	2.1390
Woodie	2.0416	2.0633	2.0965	2.1182	2.1514	2.1731	2.2063
Fibonacci	2.0614	2.0824	2.0954	2.1163	2.1373	2.1503	2.1712

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.0473	2.0972	2.1361	2.1860	2.2249	2.2748	2.3137
Camarilla	2.1507	2.1588	2.1670	2.1751	2.1832	2.1914	2.1995
Woodie	2.0419	2.0945	2.1307	2.1833	2.2195	2.2721	2.3083
Fibonacci	2.0972	2.1311	2.1521	2.1860	2.2199	2.2409	2.2748

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6346	1.8198	1.9644	2.1496	2.2942	2.4794	2.6240
Camarilla	2.0182	2.0484	2.0787	2.1089	2.1391	2.1694	2.1996
Woodie	1.6142	1.8097	1.9440	2.1395	2.2738	2.4693	2.6036
Fibonacci	1.8198	1.9458	2.0237	2.1496	2.2756	2.3535	2.4794

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):	44.49
MACD (12,26,9):	-0.0181
Directional Movement:	-9.5412
AROON (14):	-28.5714
DEMA (21):	2.1294
Parabolic SAR (0,02-0,02-0,2):	2.2593
Elder Ray (13):	-0.0209
Super Trend (3,10):	2.0541
Zig ZAG (10):	2.1229
VORTEX (21):	0.9566
Stochastique (14,3,5):	27.66
TEMA (21):	2.1276
Williams %R (14):	-67.51
Chande Momentum Oscillator (20):	-0.0045
Repulse (5,40,3):	-0.2348
ROCnROLL:	2
TRIX (15,9):	-0.1169
Courbe Coppock:	1.53

MA7:	2.1471
MA20:	2.1513
MA50:	2.1996
MA100:	2.1966
MAexp7:	2.1357
MAexp20:	2.1536
MAexp50:	2.1772
MAexp100:	2.1414
Price / MA7:	-1.35%
Price / MA20:	-1.54%
Price / MA50:	-3.71%
Price / MA100:	-3.57%
Price / MAexp7:	-0.82%
Price / MAexp20:	-1.65%
Price / MAexp50:	-2.71%
Price / MAexp100:	-1.09%

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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