Stock Information for WTI - 3h

#WTI #3h #Commodities───────────

Ensemble model

• Overview: The synthetic investment attractiveness indicator equals -22 (out of +/-100). The model ensemble suggests the trading will tend to be unattractive in the nearest future.

Optimal past

• Optimal past: The optimal lookback period for modelling is currently 136 candles. The market is currently bearish, depreciating by 4.0% during the latest phase.

Elliot Waves

• Elliot Waves: The market's trend has changed and currently goes up.

• Elliot Waves Settings: Elliot Waves were updated. The current wavelength is 13.

Price Bound Modelling

• HAR model at confidence level 95.0%: the HAR model forecasts volatility of 0.5889% in the next candle, the price will fluctuate around 78.3 and with 95.0% probability will not go below 77.54 or above 79.06.

• BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 78.29 and with 95.0% probability will not go below 77.49 or above 79.09.

• Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 78.29 and with 95.0% probability will not go below 77.58 or above 79.07.

• Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 78.68 and with 95.0% probability will not go below 63.16 or above 91.55.

• Fibonacci with seven retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 78.4 at the level of 50.0%. The nearest Fibonacci support is 76.91 at the level of 38.2%.

• Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 78.4 at the level of 50.0%. The nearest Fibonacci support is 76.91 at the level of 38.2%.

• Fibonacci with four retracements: the price is likely to rebound upward from the nearest Fibonacci support of 76.91 at the level of 38.2%. The nearest Fibonacci resistance is 79.89 at the level of 61.8%.

• MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 78.32 and with 95.0% probability will not go below 77.52 or above 78.99.

Forecast

• MA model at confidence level 95.0%: the MA model forecasts a return of 0.0003% in the next candle, the price will fluctuate around 78.31 and with 95.0% probability will not go below 77.24 or above 79.38.

• AR model at confidence level 95.0%: the AR model forecasts a return of 0.0003% in the next candle, the price will fluctuate around 78.31 and with 95.0% probability will not go below 77.55 or above 79.07.

Stability Indicators

• Generalised extreme value: According to the indicator, the stability of the market is uncertain

• Power law: According to the indicator, the stability of the market is uncertain

• Student degrees of freedom: According to the indicator, the stability of the market is uncertain

• Tukey lambda: According to the indicator, the stability of the market is uncertain

Seasonality test

• Seasonality test: According to the generalised seasonality test, there are no seasonal effects on the market.

Distribution analysis

• Best-fit distribution: Best-fit distribution has changed, and now it is Power

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Not investment advice.

#WTI #3h #trading #Distribution analysis