WHEAT

544.50 -0.25 (-0.05%) Watchlist
Daily technical analysis  candlestick chart for Wheat (WHEAT) as at Feb 14, 2020
Weekly technical analysis candlestick chart for Wheat (WHEAT) as at Feb 14, 2020
Monthly technical analysis candlestick chart for Wheat (WHEAT) as at Feb 14, 2020

Market Conditions for WHEAT as at Feb 14, 2020

Loading Market Conditions for WHEAT (Wheat)...

TQ Sentiment

Technical Forecast:
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See the overall Technical Analysis forecast for today.
Last 30 Days:

Support & Resistance

R2 566.00
R1 550.75
Latest Close 544.50
S1 538.50
S2 520.50

TQ Trend

10-day
50-day
100-day

Pivot Points

S1 541.17 R3 556.17
S2 537.83 R2 552.83
S3 533.67 R1 548.67

Multi Time Period Price Performance for Wheat

Period Range Performance
1-Week
  • Today
     
    538.25
    563.00
-12.50 (-2.24%)
1-Month
  • Today
     
    538.25
    592.50
-24.50 (-4.31%)
1-Year
  • Today
     
    431.25
    592.50
4.00 (0.74%)
YTD
  • Today
     
    538.25
    592.50
-15.00 (-2.68%)

Wheat Profile

The 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.

Latest Technical Analysis Report:

WHEAT runs into sellers around 549.50 for the third day in a row

Feb 14, 2020
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