Wheat Price Trend in Short Term can be predicted using Indicators like Stochastic Oscillator (Fast & Slow). Below's the Wheat Trend chart (Candle Stick) with the Stochastic Indicator for the last 4 months.

Look closely and you can see 2 lines (One looks like bluish green and other is kind of a grey line). They are the Stochastic trend lines.

  • If the Blue Line is above the Grey Line, Trend is Positive.
  • If the Blue Line is below the Grey Line, Trend is Negative.
  • Trend change mostly happens when Stochastic indicator is above 80 or below 20