ZS Soybean Futures Daily Chart Analysis: 2026-Apr-24 07:09 CT

Price Action

• Last: 1180.79,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -24%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -18%
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 1201.25,
• 4. Pvt. Next: Pvt low 1171.75,
• 5. Levels R: 1254.25, 1201.25, 1188.00, 1184.25, 1168.00,
• 6. Levels S: 1171.75, 1156.00, 1108.25, 1082.50, 1068.50, 1068.00, 1003.00.

Daily Benchmarks

• (Short-Term) 5 Day: 1181.75 Down Trend,
• (Short-Term) 10 Day: 1184.25 Down Trend,
• (Intermediate-Term) 20 Day: 1168.25 Up Trend,
• (Intermediate-Term) 55 Day: 1146.64 Up Trend,
• (Long-Term) 100 Day: 1123.99 Up Trend,
• (Long-Term) 200 Day: 1096.75 Up Trend.

Additional Metrics

• ATR: 82,
• VOLMA: 155181.

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: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Soybean futures are currently experiencing a period of consolidation after a recent pullback from the March/April highs. Short-term and intermediate-term trends are both bearish, as indicated by the WSFG and MSFG trends, with price trading below the NTZ center and both the 5-day and 10-day moving averages trending down. The swing pivot structure shows a short-term uptrend, but the next pivot is a potential low at 1171.75, suggesting risk of further downside if support breaks. Resistance levels are clustered above, with 1201.25 and 1254.25 as key swing highs. Long-term trend remains bullish, supported by all major moving averages (20, 55, 100, 200 day) trending up and price still above the yearly NTZ. Volatility is moderate (ATR 82), and volume is steady. Recent trade signals have favored the short side, aligning with the prevailing short- and intermediate-term bearish bias. The market is in a corrective phase within a broader uptrend, with traders watching for either a breakdown below support or a reversal back above resistance to signal the next directional move.