Market Conditions for WHEAT as at Feb 14, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Wheat
Wheat ProfileThe Wheat (WHEAT) CFD is closely tracking the ZW future traded at the Chicago Board of Trade (ECBOT) exchange in America. Its price is quoted in US Dollar (USD) and it moves in increments of 0.25, with each tick being worth $12.50. At the end of Friday's trading session, Wheat closed -0.05% lower at $544.50, representing a notional value of $27,225.00 per contract.
Technical Analysis Summary for Feb. 14, 2020
Although WHEAT is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Friday's trading range has been $7.50 (1.38%), that's far below the last trading month's daily average range of $11.24. Buying might speed up should prices move above the nearby swing high at 550.50 where further buy stops could get triggered.