Wheat WHEAT technical analysis

$640.50▼ 0.43%

Zones and indicators are computed from live candles, not opinions - the same engine that draws the agent's charts.

Daily trend

Mixed trend

RSI-14 · 4h

27 · oversold

RSI-14 · 1D

28 · oversold

Daily SMAs

SMA20 677.737 · SMA50 697.705 · SMA200 620.957

Swenai's read

as of Oct 21, 03:06 UTC

WHEAT trades at $640.5, down 0.43% over 24 hours, within a mixed daily structure: price sits below the SMA20 at 677.737 and SMA50 at 697.705 but above the SMA200 at 620.957. Momentum is weak, with 4h RSI14 at 27 and 1D RSI14 at 28.

The active battle is between support at 631.5-634.75 (4 touches) and near-term resistance at 649.539-651.461 (1 touch) and 652.5-656.25 (2 touches). Above that, heavier supply sits at 661.5-670.75 (7 touches on 4h, 5 on 1D).

Bulls would need a reclaim of 652.5-656.25 and then 661.5-670.75 to challenge the falling trendline near 677.646. Bears need a break of 631.5-634.75 to expose 625.914-627.836 and 615-618.25.

Wheat 4h chart with computed support and resistance zones

Wheat 1D chart with computed support and resistance zones

Trendlines

Line	Timeframe	At price now	Touches	From price
Falling resistance	1D	677.646	2	+5.8%

A trendline moves with every candle - the "at price now" value is where the line sits on the newest bar. Both lines are drawn on the charts above.

4h zones

Zone	Range	Touches	From price
Resistance	652.5-656.25	2	+2.2%
Resistance	661.5-670.75	7	+4.0%
Resistance	675-687.25	9	+6.3%

1D zones

Zone	Range	Touches	From price
Support	631.5-634.75	4	-1.2%
Support	625.914-627.836	2	-2.1%
Support	615-618.25

Want an actual setup?

Fast TA turns these zones into an entry, take-profits and a stop drawn on the chart - in seconds, personalized to your position if you share it.

Get a Fast TA →

Or ask the agent

Why is WHEAT moving today?How crowded is positioning?Deep research WHEAT

Zones, RSI and moving averages are computed from exchange candles and refresh through the day; the written read updates every few hours. Educational information, not financial advice.