or
Faster, Cleaner, Better.

Soybean Meal May '23 (ZMK23)

428.1s +1.5 (+0.35%) 05/12/23 [CBOT]
N/A x N/A N/A x N/A
underlying price ()
Trader's Cheat Sheet for Fri, May 12th, 2023
Using The Trader's Cheat Sheet To Identify Support & Resistance: Watch the Webinar
Projection Effective Date: May 15th, 2023
Support/Resistance
Turning Points
Support/Resistance Levels Price Key Turning Points
895.4 Price Crosses 18-40 Day Moving Average
657.8 Price Crosses 9-40 Day Moving Average
14 Day RSI at 80% 537.0
527.1 Price Crosses 9-18 Day Moving Average
52-Week High 498.0
13-Week High 498.0
Price 3 Standard Deviations Resistance 485.1
14 Day RSI at 70% 481.9
Price 2 Standard Deviations Resistance 474.7
1-Month High 471.1
466.3 38.2% Retracement From 13 Week High
466.0 Price Crosses 40 Day Moving Average Stalls
Price 1 Standard Deviation Resistance 461.0
456.5 50% Retracement From 13 Week High/Low
454.4 Price Crosses 18 Day Moving Average Stalls
450.3 61.8% Retracement from the 52 Week Low
449.7 38.2% Retracement From 4 Week High
446.7 38.2% Retracement From 13 Week Low
445.4 Price Crosses 40 Day Moving Average
443.0 50% Retracement From 4 Week High/Low
437.9 14 Day RSI at 50%
436.4 38.2% Retracement From 4 Week Low
436.0 14-3 Day Raw Stochastic at 80%
435.5 50% Retracement From 52 Week High/Low
433.3 14-3 Day Raw Stochastic at 70%
430.8 Price Crosses 18 Day Moving Average
Pivot Point 3rd Level Resistance 430.0
429.8 Price Crosses 9 Day Moving Average Stalls
Pivot Point 2nd Level Resistance 429.0
Pivot Point 1st Resistance Point 428.6
428.2 3-10 Day Moving Average Crossover Stalls
428.1 14-3 Day Raw Stochastic at 50%
High 428.1 High
Last 428.1s Last
427.6 Pivot Point
Pivot Point 1st Support Point 427.2
Low 426.7 Low
Previous Close 426.6 Previous Close
Pivot Point 2nd Support Point 426.2
Pivot Point 3rd Support Point 425.8
424.8 Price Crosses 9 Day Moving Average
422.9 14-3 Day Raw Stochastic at 30%
420.8 38.2% Retracement From 52 Week Low
420.2 14-3 Day Raw Stochastic at 20%
417.0 3-10-16 Day MACD Moving Average Stalls
1-Month Low 415.0
13-Week Low 415.0
414.9 14 Day %k Stochastic Stalls
14 Day RSI at 30% 406.9
Price 1 Standard Deviation Support 395.2
Price 2 Standard Deviations Support 381.5
52-Week Low 373.1
Price 3 Standard Deviations Support 371.1
14 Day RSI at 20% 368.2
Target Price N/A
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.
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.
Use your up/down arrows to move through the symbols.
Free Barchart Webinar
Chart Patterns That Actually Work: Proven Setups Traders Use to Win