Cocoa #7 Jul '24 (CAN24)
7,488s -726 (-8.84%) 07/16/24 [ICE/EU]
N/A x N/A N/A x N/A
for Tue, Jul 16th, 2024
Using The Trader's Cheat Sheet To Identify Support & Resistance: Watch the Webinar
Projection Effective Date: Jul 17th, 2024
Support/Resistance
Turning Points
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 14,103 | |
| 13,145 | Price Crosses 18-40 Day Moving Average | |
| 14 Day RSI at 70% | 10,510 | |
| 52-Week High | 9,980 | |
| 13-Week High | 9,980 | |
| 9,856 | Price Crosses 9-40 Day Moving Average | |
| 1-Month High | 8,901 | |
| Pivot Point 3rd Level Resistance | 8,576 | |
| Pivot Point 2nd Level Resistance | 8,359 | |
| 8,329 | 38.2% Retracement From 13 Week High | |
| 8,311 | Price Crosses 18 Day Moving Average Stalls | |
| Previous Close | 8,214 | Previous Close |
| Price 3 Standard Deviations Resistance | 8,173 | |
| High | 8,141 | High |
| 8,105 | 38.2% Retracement From 4 Week High | |
| 8,047 | Price Crosses 9-18 Day Moving Average | |
| Price 2 Standard Deviations Resistance | 8,047 | |
| 7,956 | 14-3 Day Raw Stochastic at 80% | |
| Pivot Point 1st Resistance Point | 7,923 | |
| Price 1 Standard Deviation Resistance | 7,884 | |
| 7,860 | 50% Retracement From 4 Week High/Low | |
| 7,820 | 50% Retracement From 13 Week High/Low | |
| 7,813 | 14-3 Day Raw Stochastic at 70% | |
| 7,706 | Pivot Point | |
| 7,704 | Price Crosses 40 Day Moving Average | |
| 7,636 | 14 Day RSI at 50% | |
| 7,614 | 38.2% Retracement From 4 Week Low | |
| 7,568 | 3-10-16 Day MACD Moving Average Stalls | |
| 7,543 | 3-10 Day Moving Average Crossover Stalls | |
| 7,529 | 14-3 Day Raw Stochastic at 50% | |
| 7,528 | Price Crosses 18 Day Moving Average | |
| 7,495 | Price Crosses 9 Day Moving Average | |
| Low | 7,488 | Low |
| Last | 7,488s | Last |
| 7,421 | 14 Day %k Stochastic Stalls | |
| 7,310 | 38.2% Retracement From 13 Week Low | |
| Pivot Point 1st Support Point | 7,270 | |
| 7,245 | 14-3 Day Raw Stochastic at 30% | |
| 7,230 | Price Crosses 9 Day Moving Average Stalls | |
| 7,102 | 14-3 Day Raw Stochastic at 20% | |
| Price 1 Standard Deviation Support | 7,092 | |
| 7,069 | 61.8% Retracement from the 52 Week Low | |
| Pivot Point 2nd Support Point | 7,053 | |
| Price 2 Standard Deviations Support | 6,929 | |
| 1-Month Low | 6,818 | |
| Price 3 Standard Deviations Support | 6,803 | |
| Pivot Point 3rd Support Point | 6,617 | |
| 6,170 | 50% Retracement From 52 Week High/Low | |
| 6,111 | Price Crosses 40 Day Moving Average Stalls | |
| 13-Week Low | 5,659 | |
| 5,271 | 38.2% Retracement From 52 Week Low | |
| 14 Day RSI at 30% | 4,960 | |
| 52-Week Low | 2,360 | |
| 14 Day RSI at 20% | 1,614 | |
| N/A | 14 Day %d Stochastic Stalls |
Standard deviation is calculated using the closing price over the past 5-periods. To calculate standard deviation:
- Step 1: Average = Calculate the average closing price over the past 5-days.
- Step 2: Difference = Calculate the variance from the Average for each Price.
- Step 3: Square the variance of each data point.
- Step 4: Sum of the squared variance value.
- Step 5: For Standard Deviation 2 multiple the result by 2. For Standard Deviation 3 multiple the result by 3.
- Step 6: Divide the result by the number of data points in the series less 1.
- Step 7: The final result is the Square root of the result of Step 6.
Legend:
Blue areas below the Last Price will tend to provide support to limit the downward move.
Red areas above the Last Price will tend to provide resistance to limit the upward move.
Blue areas above the Last Price will tend to provide support to confirm the upward move.
Red areas below the Last Price will tend to provide resistance to confirm the downward move.
Blue areas below the Last Price will tend to provide support to limit the downward move.
Red areas above the Last Price will tend to provide resistance to limit the upward move.
Blue areas above the Last Price will tend to provide support to confirm the upward move.
Red areas below the Last Price will tend to provide resistance to confirm the downward move.