ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-22 07:23 CT

Price Action

Last: 530.25,
Bars: Medium,
Mom: Momentum slow.

WSFG Weekly

Short-Term
WSFG Current: 0%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Aug

Intermediate-Term
MSFG Current: -39%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2025

Long-Term
YSFG Current: -35%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 517.25,
4. Pvt. Next: Pvt high 534.75,
5. Levels R: 534.75, 554.37, 569.48, 590.00, 600.00, 621.75,
6. Levels S: 517.25.

Daily Benchmarks

(Short-Term) 5 Day: 520.5 Down Trend,
(Short-Term) 10 Day: 526.0 Down Trend,
(Intermediate-Term) 20 Day: 538.7 Down Trend,
(Intermediate-Term) 55 Day: 569.5 Down Trend,
(Long-Term) 100 Day: 590.0 Down Trend,
(Long-Term) 200 Day: 605.0 Down Trend.

Additional Metrics

ATR: 51,
VOLMA: 77,996.

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Bearish,
Long-Term: Bearish.

Key Insights Summary

Chicago SRW Wheat Futures (ZW) continues to exhibit a pronounced bearish structure across all timeframes. Price action remains below all key moving averages, with the most recent swing pivot confirming a new short-term low at 517.25. The monthly and yearly session fib grids both show price trading well below their respective neutral zones, reinforcing the prevailing downtrend. Momentum is slow, and recent bars are of medium size, suggesting a lack of aggressive selling but no sign of reversal strength. Volume remains steady, with no significant spikes to indicate capitulation or a reversal attempt. Resistance levels are stacked above, with the nearest at 534.75 and more significant barriers at 554.37 and 569.48. Support is thin, with the only notable level at the recent low. The overall technical landscape points to continued downside pressure, with no clear evidence of a bottoming process or trend change at this stage.