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Soybeans

Check the daily chart of Soybeans. The closing price of 2022-09-30 was USD 284.24 per share.

Soybeans Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Soybeans Daily Moving Averages ChartSoybeans Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Soybeans:

  • The Moving Average Convergence/Divergence (MACD) is -1.323. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
  • The MACD is lower than the signal line. This is a bearish indication. -1
Soybeans Daily Moving Average Convergence/Divergence (MACD) ChartSoybeans Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Soybeans:

  • The ADX is 14.357. Not trending. -2
  • The ADX is rising, a new trend could be forming. +1
  • The +DI crossed the -DI to the downside. The trend is reversing to a down trend. -1
Soybeans Daily Directional Movement Index (DMI) ChartSoybeans Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • Soybeans Daily Parabolic SAR ChartSoybeans Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)
    • The RSI is below 50. -1
    Soybeans Daily Relative Strength Index (RSI) ChartSoybeans Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    Soybeans Daily Stochastic Oscillator ChartSoybeans Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    Soybeans Daily Commodity Channel Index (CCI) ChartSoybeans Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    Soybeans Daily Chande Momentum Oscillator (CMO) ChartSoybeans Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    Soybeans Daily Williams %R ChartSoybeans Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    Soybeans Daily Bollinger Bands ChartSoybeans Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    Soybeans Daily Average True Range (ATR) ChartSoybeans Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    Soybeans Daily On-Balance Volume (OBV) ChartSoybeans Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    Soybeans Daily Money Flow Index (MFI) ChartSoybeans Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for Soybeans.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2022-09-22MACD SHORT ENTRY LONG CLOSE
    2022-09-23SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    2022-09-27DMI LONG ENTRY SHORT CLOSE
    STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    2022-09-28DMI SHORT ENTRY LONG CLOSE
    2022-09-29DMI LONG ENTRY SHORT CLOSE
    ATR LONG ENTRY SHORT CLOSE

    5.2. Technical Score

    Let's check the technical score of Soybeans based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5036.794
    Ma 20Greater thanMa 50297.942
    Ma 50Greater thanMa 100295.953
    Ma 100Greater thanMa 200300.336
    OpenGreater thanClose294.970
    Total3/5 (60.0%)

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