LIVE CATTLE - 1H - Technical analysis published on 01/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
50%
11%
39%
My opinion
Neutral between 136.392 USD and 137.833 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 136.392 USD. The first resistance is located at 137.833 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LIVE CATTLE rating 137.000 USD. The price registered an increase of +0.31% on the session and was between 136.650 USD and 137.250 USD. This implies that the price is at +0.26% from its lowest and at -0.18% from its highest.136.650
137.250
137.000
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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 LIVE CATTLE in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 132.067 | 135.500 | 136.392 | 137.000 | 137.833 | 138.442 | 139.275 |
| Change (%) | -3.60% | -1.09% | -0.44% | - | +0.61% | +1.05% | +1.66% |
| Change | -4.933 | -1.500 | -0.608 | - | +0.833 | +1.442 | +2.275 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | 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 | 136.083 | 136.367 | 136.683 | 136.967 | 137.283 | 137.567 | 137.883 |
| Camarilla | 136.835 | 136.890 | 136.945 | 137.000 | 137.055 | 137.110 | 137.165 |
| Woodie | 136.100 | 136.375 | 136.700 | 136.975 | 137.300 | 137.575 | 137.900 |
| Fibonacci | 136.367 | 136.596 | 136.738 | 136.967 | 137.196 | 137.338 | 137.567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 131.642 | 134.008 | 135.667 | 138.033 | 139.692 | 142.058 | 143.717 |
| Camarilla | 136.218 | 136.587 | 136.956 | 137.325 | 137.694 | 138.063 | 138.432 |
| Woodie | 131.288 | 133.831 | 135.313 | 137.856 | 139.338 | 141.881 | 143.363 |
| Fibonacci | 134.008 | 135.546 | 136.496 | 138.033 | 139.571 | 140.521 | 142.058 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 130.400 | 132.950 | 136.325 | 138.875 | 142.250 | 144.800 | 148.175 |
| Camarilla | 138.071 | 138.614 | 139.157 | 139.700 | 140.243 | 140.786 | 141.329 |
| Woodie | 130.813 | 133.156 | 136.738 | 139.081 | 142.663 | 145.006 | 148.588 |
| Fibonacci | 132.950 | 135.213 | 136.612 | 138.875 | 141.138 | 142.537 | 144.800 |
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): | 51.80 | |
| MACD (12,26,9): | -0.0960 | |
| Directional Movement: | 3.881 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 136.834 | |
| Parabolic SAR (0,02-0,02-0,2): | 137.941 | |
| Elder Ray (13): | 0.169 | |
| Super Trend (3,10): | 137.905 | |
| Zig ZAG (10): | 137.175 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 36.89 | |
| TEMA (21): | 136.965 | |
| Williams %R (14): | -46.55 | |
| Chande Momentum Oscillator (20): | -0.400 | |
| Repulse (5,40,3): | 0.1840 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0130 | |
| Courbe Coppock: | 0.38 |
| MA7: | 137.121 | |
| MA20: | 137.953 | |
| MA50: | 137.517 | |
| MA100: | 135.149 | |
| MAexp7: | 136.960 | |
| MAexp20: | 136.993 | |
| MAexp50: | 137.345 | |
| MAexp100: | 137.673 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -0.69% | |
| Price / MA50: | -0.38% | |
| Price / MA100: | +1.37% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.36% |
Quotes :
-
10 min delayed data
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CME Globex Futures
News
The last news published on LIVE CATTLE at the time of the generation of this analysis was as follows:
Judge Rinder joins 'Together Against Antisemitism' rally at Parliament SquareThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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