# Oat Futures Technical Analysis

> A technical analysis notes oat futures rose about 100% in 2021 in a parabolic move and recently completed a double-top pattern below the 713 level. The analyst expects consolidation or retracement.

- Date: 2021-12-01 · published 2021-12-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43659-oat-futures-technical-analysis
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

A technical breakdown suggests possible near-term softening in oat futures, which could ease feed oat costs after a sharp rally.

## Read by commodity

- OATS: bearish ▼

## Sources

- grainreport.klarenbach.ca: https://www.grainreport.klarenbach.ca/p/oats

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.