Sahrin

Sahrin

The price is trading below the middle Bollinger Band (20-day SMA), which is sloping downward. Lower highs and lower lows pattern confirms the bearish market structure. Price hugging the lower band or staying in the lower half of the band zone — a classic sign of weakness. Price repeatedly fails to close above the middle band (~20-day SMA), confirming it as...

Sahrin

The current price is trading below the midline of the Bollinger Bands (usually a 20-day moving average), which typically indicates downward momentum. The chart shows a pattern of descending highs and descending lows, which is a classic bearish structure. The latest candle is red and pushing toward or near the lower Bollinger Band, suggesting increased selling...

Sahrin

The last few candles show strong red bodies, suggesting selling pressure. Price has closed below the middle Bollinger Band (20-day moving average), often a trigger point for downside momentum. This suggests a transition from neutral/bullish to bearish momentum. Recent highs failed to break the previous peak near $2,900. This forms a lower high, indicating...

Sahrin

Price is now trading above the 20-day and 50-day SMAs, which suggests bullish momentum continuation. Immediate support lies around $2,400–$2,500, near the 20-SMA and recent swing lows. Resistance is near the $2,800–$2,850 zone, which is a previous high from the current range. The recent candles are small-bodied, suggesting low volatility and indecision,...

Sahrin

The price is currently trading below the middle Bollinger Band, which is typically a 20-day simple moving average. This indicates weakness and suggests that the short-term trend is turning bearish. After the sharp rebound in April, price has been unable to make new highs. The chart shows a lower high structure, indicating diminishing bullish momentum. The...

Sahrin

The current price ($3.692) is trading below the 20-day simple moving average (middle Bollinger Band), indicating short-term weakness. This often suggests bearish momentum when combined with a failure to close above the mid-band. In early May, price touched or neared the upper Bollinger Band and was rejected. This indicates strong selling pressure and the...

Sahrin

The price is now failing to maintain above the short-term moving average, hinting at weak bullish follow-through. ZLN2025 is showing signs of exhaustion after an uptrend, with bearish pressure increasing. If bulls fail to reclaim $49.00, the next leg could favor a continuation downward toward $46 and lower. Price broke below the short-term moving average (20...

Sahrin

Short-term trend: Bearish. Price is consistently making lower highs and lower lows since late February. Medium-term trend: Also bearish, as confirmed by price staying below the midline of the Bollinger Bands. Price is near the lower Bollinger Band, suggesting it is oversold in the short term. However, it has not shown signs of a strong reversal yet. Volume is...

Sahrin

This market analysis suggests that the price of corn futures is currently in an uptrend, particularly if it stays above the 20-day moving average and the March low. Breaking above the 5,000 price level would signal a potential move towards higher targets, indicating continued strength. However, falling below the key support level of the 20-day moving average...

Sahrin

The price is below the middle line (likely a 20-day moving average) of the Bollinger Bands, which typically signals bearish momentum. Recent price action shows a lower high and a lower low pattern, indicating the continuation of a downtrend. The candlesticks are mostly red with increasing volume of selling pressure. Bands are widening, suggesting increased...

Sahrin

Currently trading below the 20-day SMA (middle of Bollinger Bands), indicating bearish momentum. Support zone: ~17,600 (recent lows and high volume area) Resistance zone: ~18,800–19,200 (middle Bollinger Band & recent highs) Failure to break above 18,800 and another test of 17,600 could lead to continuation downward, possibly toward 17,000–16,800.

Sahrin

Downtrend Confirmed: The price has been in a strong downtrend since early March 2025. Lower Highs & Lower Lows: Classic pattern of a downtrend is visible. Wide Bandwidth: Bands widened significantly during the sell-off in early April, indicating high volatility. Support Zone Near 38,000: Recent candles show buying interest around the 38,000 level with long...

Sahrin

Recent candlesticks indicate strong upward momentum after a pullback. There is a higher low formation, suggesting a possible continuation of the uptrend. The presence of long wicks in recent candles suggests volatility and buyer strength. Support Levels: Around $33.20 - $33.40 (recent swing low and moving average support). Resistance Levels: Near-term...

Sahrin

Price is currently testing the midline of the Bollinger Bands (blue line), which often acts as dynamic support/resistance. The recent price rejection at the upper band and subsequent drop toward the midline suggests a potential continuation to the lower Bollinger Band (~940-950 range) if bearish pressure continues. Increased volume on recent down days suggests...

Sahrin

Lower Highs & Lower Lows: The price consistently prints lower highs and lower lows, confirming a bearish structure. The price is moving along the lower band, indicating persistent bearish pressure. The middle band (moving average) is acting as a resistance level. Support: Around $0.20 - $0.21 (current price zone), as it appears to be stabilizing near the...

Sahrin

Support: Around $1,100 (recent swing low). Resistance: Around $1,400 (recent swing high). If the price falls below the middle band, the lower band could act as support. A drop below $1,100 could lead to further downside towards $900.

Sahrin

Higher red bars (selling volume) in recent declines indicate strong selling pressure. Support Zone: Around 5400-5500 (recent lows, lower Bollinger Band). Resistance Zone: Around 5800-6000 (upper Bollinger Band, previous swing highs). A failure to hold above 5500 could lead to another retest of recent lows (5200-5300).

Sahrin

Support: $64.50 (Recent low and lower Bollinger Band) Resistance: $67.50 - $68.00 (Near-term resistance, where the price is currently struggling) If the price fails to hold above $66 and breaks below $64.50, further downside towards $63 may occur. Watch the Middle Bollinger Band: A close above it often signals further upside. Failing there could point to...