# A Now, A Message From Oats

> A DTN technical analysis says December oats broke above a four-month high, reaching $2.19 and then $2.18 3/4 on a weekly basis. The author argues long-term indicators show the major trend has turned up, with an initial target near $2.49 3/4.

- Date: 2016-10-24 · published 2016-10-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9238-a-now-a-message-from-oats
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

The chart signals are technical and do not reflect a new supply or demand change. They suggest only modest upward pressure on oat prices in the near term.

## Read by commodity

- OATS: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2016/10/24/now-message-oats

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