ZS Soybean Futures Weekly Chart Analysis: 2026-Apr-23 07:12 CT

Price Action

• Last: 1177.00,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -18%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -16%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 23%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 5. Levels R: 1254.25, 1312.00, 1480.50, 1533.50,
• 6. Levels S: 1121.25, 1098.00, 1063.00, 1047.50, 1034.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 1181 Up Trend,
• (Intermediate-Term) 10 Week: 1118 Up Trend,
• (Long-Term) 20 Week: 1146.81 Up Trend,
• (Long-Term) 55 Week: 1137.75 Up Trend,
• (Long-Term) 100 Week: 1121.16 Down Trend,
• (Long-Term) 200 Week: 1174.25 Up Trend.

Recent Trade Signals

• 23 Apr 2026: Short ZS 07-26 @ 1179.75 Signals.USAR-WSFG
• 22 Apr 2026: Short ZS 07-26 @ 1180.75 Signals.USAR-MSFG
• 22 Apr 2026: Short ZS 07-26 @ 1180.75 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

Soybean futures are currently experiencing a short-term downtrend, as indicated by the WSFG and recent short trade signals. The price is trading below the short-term and intermediate-term NTZ/F0% levels, confirming a bearish bias in the near term. However, the intermediate-term HiLo trend has shifted to an uptrend, suggesting some underlying support or a potential for a bounce. The long-term yearly trend remains bullish, with price holding above the yearly NTZ/F0% and most long-term moving averages trending up, except for the 100-week MA, which is still down. Key resistance levels are clustered above at 1254.25 and higher, while support is layered below at 1121.25 and down to 1034.50. The market appears to be in a corrective phase within a broader uptrend, with recent momentum average and medium-sized bars reflecting a possible consolidation or pause after a prior move. Swing traders should note the mixed signals across timeframes, with short-term weakness but longer-term structural strength, and watch for reactions at key support and resistance levels for clues on the next directional move.