Rough Rice (Globex)
Futures Charts


Contract month:


Chart term:
Intraday
Daily
Weekly (Continuous)
Monthly (Continuous)
Historical

Chart format:
Bar chart
Candlestick
Bar (no indicators)
Java
Advanced chart
Dynamic intraday chart

Market insight:
News
Specifications
Analysis
Sentiment survey



Daily Commodity Futures Price Chart: Nov. 2017

Rough Rice (Globex) (CBOT)

TFC Commodity Charts

Trade Rough Rice (Globex) now with:

Chart Legend« To set chart options, use the handy form found to the left. «

Market data delayed 10 minutes as per exchange requirements.





Most Recent Headlines    [ Complete Futures News ]    Search News:
[ More Rice News ]

Contract Specifications:ZR,CBOT
Trading Unit: 2,000 cwt
Tick Size: 1/2 cent/cwt ($10/contract)
Quoted Units: US $ per hundredweight
Initial Margin: $1,283   Maint Margin: $950
Contract Months: Jan, Mar, May, Jul, Sep, Nov
First Notice Day: Last business day of month preceding contract month.
Last Trading Day: Seventh business day preceding the last business day of the delivery month.
Trading Hours: Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:15 p.m.Central Time, Sun.-Fri.
Trading in expiring contracts closes at noon on the last trading day.
Daily Limit: +- 50 cents/cwt ($1,000/contract), spot month none

Analysis

Tue 10/17/17

Bollinger Bands Indicator:

Conventional Interpretation: The Bollinger Bands are indicating an overbought market. An overbought reading occurs when the close is nearer to the top band than the bottom band.

Additional Analysis: Volatility appears to be picking up a bit, as evidenced by an increasing distance between the upper and lower bands over the last few bars. The market is in overbought territory.

Mov Avg 3 lines Indicator:

Note: In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average

Conventional Interpretation - Short Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Short Term: Even though based on conventional interpretation the market is technically bullish, we will not classify it as extremely bullish until the following occurs: price goes above the fast moving average.

Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Long Term: Even though based on conventional interpretation the market is technically bullish, we will not classify it as extremely bullish until the following occurs: the slow moving average slope is up from previous bar.

Mov Avg-Exponential Indicator:

Conventional Interpretation: Price is below the moving average so the trend is down.

Additional Analysis: Market trend is DOWN.

Stochastic - Fast Indicator:

Conventional Interpretation: The SlowK line crossed below the SlowD line; this indicates a sell signal.

Additional Analysis: The long term trend is DOWN. The short term trend is DOWN. SlowK was down this bar for the second bar in a row. We may have seen the top of the up move for a while. The market looks weak both long term and short term. The SlowK is at (62.26). A good downward move is possible without SlowK being oversold.

Stochastic - Slow Indicator:

Conventional Interpretation: The stochastic is bullish because the SlowK line is above SlowD line.

Additional Analysis: The long term trend is DOWN. The short term trend is DOWN. SlowK was down this bar for the first time in a while. Its possible that we may see a down move here. if next bar's SlowK is also down, then a possible top may have been established. The market looks weak both long term and short term. The SlowK is at (63.87). A good downward move is possible without SlowK being oversold.

Swing Index Indicator:

Conventional Interpretation: The swing index is most often used to identify bars where the market is likely to change direction. A signal is generated when the swing index crosses zero. No signal has been generated here.

Additional Analysis: No additional interpretation.

Volatility Indicator: Volatility is in a downtrend based on a 9 bar moving average.

Volume Indicator:

Conventional Interpretation: No indications for volume.

Additional Analysis: The long term market trend, based on a 45 bar moving average, is DOWN. The short term market trend, based on a 5 bar moving average, is UP. Volume is trending lower. In general this is bearish.

RSI Indicator:

Conventional Interpretation: RSI is in neutral territory. (RSI is at 45.80). This indicator issues buy signals when the RSI line dips below the bottom line into the oversold zone; a sell signal is generated when the RSI rises above the top line into the overbought zone.

Additional Analysis: RSI is somewhat oversold (RSI is at 45.80). However, this by itself isn't a strong enough indication to signal a trade. Look for additional evidence here before getting too bullish here.

ADX Indicator:

Conventional Interpretation: ADX measures the strength of the prevailing trend. A rising ADX indicates a strong underlying trend while a falling ADX suggests a weakening trend which is subject to reversal. Currently the ADX is falling.

Additional Analysis: The long term trend, based on a 45 bar moving average, is down. A falling ADX indicates that the current trend is weakening and may possibly reverse. Look for a choppy market ahead.

Comm Channel Index Indicator:

Conventional Interpretation: CCI (6.32) is in neutral territory. A signal is generated only when the CCI crosses above or below the neutral center region.

Additional Analysis: CCI often misses the early part of a new move because of the large amount of time spent out of the market in the neutral region. Initiating signals when CCI crosses zero, rather than waiting for CCI to cross out of the neutral region can often help overcome this. Given this interpretation, CCI (6.32) has crossed above zero, issuing a signal to close short positions and initiate long positions.

DMI Indicator:

Conventional Interpretation: DMI+ is less than DMI-, indicating a downward trending market. A signal is generated when DMI+ crosses DMI-.

Additional Analysis: DMI is in bearish territory.

MACD Indicator:

Conventional Interpretation: MACD is in bullish territory, but has not issued a signal here. MACD generates a signal when the FastMA crosses above or below the SlowMA.

Additional Analysis: The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 9 bar moving average, is UP. MACD is in bullish territory.

Momentum Indicator:

Conventional Interpretation: Momentum (0.12) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 9 bar moving average, is UP. Momentum is in bullish territory.upside move is likely.

Open Interest Indicator: Open Interest is in a downtrend based on a 9 bar moving average. While this is normal following delivery of nearer term contracts, be cautious. Decreasing open interest indicates lower liquidity.

Rate of change Indicator:

Conventional Interpretation: Rate of Change (0.96) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 9 bar moving average, is UP. Rate of Change is in bullish territory.

Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.

Lt Crude 51.94
Nat Gas 2.922
Corn 350
Cotton #2 67.77
Gold 1287.0
Copper 3.2015
Euro 1.18035
USD Index 93.350
SP500 E-mini 2556.50
DJIA E-mini 22951
close_icon
open_icon