According to the United States Department of Agriculture (USDA), the slaughter of cattle in the United States last week amounted to 665 thousand heads. This is 20 thousand heads more than last year's level. Investors expect an increase in demand for beef in the summer season thanks to the easing of quarantine and the reopening of restaurants and cafes following the massive coronavirus vaccination. In April of this year, the export of American beef has noticeably increased.
| Indicator | VALUE | Signal |
|---|
| RSI | | Sell |
| MACD | | Sell |
| MA(200) | | Sell |
| Fractals | | Buy |
| Parabolic SAR | | Buy |
| Bollinger Bands | | Sell |
Summary of technical analysis
| Order | Buy |
| Buy stop | Above 155 |
| Stop loss | Below 145 |