🟡 **Cotton Futures** is currently trading at **82.86** (+2.13% in the last session). The overall technical posture is **neutral / consolidating**.
The RSI(14) stands at **71.3**, placing it in overbought territory.
Price is trading above its 50-period moving average (76.38), confirming medium-term bullish momentum.
Price has pushed above the upper Bollinger Band (82.54), signalling potential over-extension.
The MACD histogram is positive, favouring buyers (+0.2831).
ADX at 25.5 indicates a strong trend.
Key support is seen near **72.29**, while resistance is clustered around **83.92**. A decisive break of either level could define the next directional move.
*This analysis is generated automatically using technical indicators and is for informational purposes only. It does not constitute investment advice. Past performance is not indicative of future results. Always conduct your own research and consult a licensed financial adviser before making investment decisions.*
Futures
Neutral
Auto-generated
Cotton Futures (CT1) Technical Analysis — Neutral [05 Aug 2026 09:21 UTC]
Published Ağustos 5, 2026 at 09:21 UTC
Price
82,8600
Değiştir
2,13%
RSI (14)
71,3
MA 50
76,3760
MACD Hist
0,28307
ADX
25,5
This analysis is auto-generated by template-based technical indicators and is for informational purposes only. It does not constitute investment advice.