Canola (RS.FUT) - Close: 467.50 (-1.30), Feb 12, 2016

Chart Technical Analysis Canola (RS)

rsi chart
 Neutral -Medium term, Feb 12, 2016Analysis Explanation
Canola has broken through the floor of a rising trend channel. This indicates a slower rising rate at first, or the start of a more horizontal development. The future is between the support at 460 and the resistance at 474. A definitive break through of one of these levels predicts the new direction. The future is assessed as technically neutral for the medium long term.

1 day-1.05%7.53-0.28%
5 days-3.983.18%6.52-0.26%
22 days-8.137.20%6.20-7.70%
66 days-14.7113.29%5.55-2.54%
Trend 14%474.39 - 589.19
Long Term Trading Range2016-02-09
Short Term Trading Range2016-02-02
Moving average2015-12-28
Inverse Head and Shoulders 2015-05-21
Head and Shoulders Pattern2015-04-16


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