Rough Rice (Globex) Weekly Commodity Futures Price Chart : CBOT

Rough Rice (Globex)
Futures Charts

Session:
Electronic
Pit

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

Weekly Commodity Futures Price Chart

Rough Rice (Globex) (CBOT)

TFC Commodity Charts


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

Fri 11/21/14

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: 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 bearish because the fast moving average is below the slow moving average.

Additional Analysis - Short Term: Recently the market has been extremely bearish, however currently the market has lost a some of its bearishness due to the following: the fast moving average slope is up from previous bar, price is above the fast moving average, price is above the slow moving average. Its possible that we may see a market rally here. if so, the rally might turn out to be a good short selling opportunity.

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

Additional Analysis - Long Term: Recently the market has been extremely bearish, however currently the market has lost a some of its bearishness due to the following: price is above the fast moving average, price is above the slow moving average. Its possible that we may see a market rally here. if so, the rally might turn out to be a good short selling opportunity.

Mov Avg-Exponential Indicator:

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

Additional Analysis: Market trend is DOWN.

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. A good downward move is possible without SlowK being oversold. However, an upmove in SlowK for this bar is a little concerning short term.

Swing Index Indicator:

Conventional Interpretation: The swing index has crossed zero, identifying this bar as a short term pivot point.

Additional Analysis: No additional interpretation.

Volatility Indicator: The volatility trend, based on a 9 bar moving average, has just switched to up.

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.

Comm Channel Index Indicator:

Conventional Interpretation: CCI (-58.22) has crossed back into the neutral region, issuing a signal to liquidate short positions and return to the sidelines. The range from -100.00 to 100.00 indicates a neutral market.

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 (-58.22) is bearish, but has begun showing some strength. Begin looking for an attractive point to cover short positions and return to the sidelines.

MACD Indicator:

Conventional Interpretation: MACD has issued a bullish signal. A bullish signal is generated when the FastMA crosses above the SlowMA, as it has here.

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 DOWN.

Momentum Indicator:

Conventional Interpretation: Momentum (0.05) 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 DOWN. Momentum is indicating an overbought market. However the market may continue to become more overbought. Look for some evidenced weakness before getting too bearish here.

Open Interest Indicator: Open Interest is trending up based on a 9 bar moving average. This is normal as delivery approaches and indicates increased liquidity.

Rate of change Indicator:

Conventional Interpretation: Rate of Change (0.36) 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 DOWN. Rate of Change is indicating an overbought market. However the market may continue to become more overbought. Look for some evidenced weakness before closing long positions here.

RSI Indicator:

Conventional Interpretation: RSI is in neutral territory. (RSI is at 42.03). 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 42.03). However, this by itself isn't a strong enough indication to signal a trade. Look for additional evidence here before getting too bullish here.

Stochastic - Fast Indicator:

Conventional Interpretation: The SlowK line crossed above the SlowD line; this indicates a buy signal.

Additional Analysis: The long term trend is DOWN. The short term trend looks a little bottomy. A possible short term up move may occur.

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.

Sponsor
Lt Crude 76.72
Nat Gas 4.236
Corn 372 6/8
Cotton #2 59.52
Gold 1201.5
Copper 3.0330
Euro 1.23890
USD Index 88.405
SP500 E-mini 2061.75
DJIA E-mini 17780
newsletter
close_icon
open_icon