BEST INC. ADS - 15 min. - Technical analysis published on 06/23/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 1.50 USD
My targets
1.62 USD (+3.18%)
1.71 USD (+8.73%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BEST INC. ADS. This is a positive signal for buyers. As long as the price remains above 1.50 USD, a purchase could be considered. The first bullish objective is located at 1.62 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.71 USD as an objective. Crossing it would then enable buyers to target 1.94 USD. In the event of a return below 1.50 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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Additional analysis
Quotes
The BEST INC. ADS price is 1.57 USD. The price has increased by +16.30% since the last closing with the lowest point at 1.37 USD and the highest point at 1.62 USD. The deviation from the price is +14.60% for the low point and -3.09% for the high point.1.37
1.62
1.57
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BEST INC. ADS:
Technical
Technical analysis of this 15 min. chart of BEST INC. ADS indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.44 | 1.48 | 1.55 | 1.57 | 1.62 | 1.94 | 2.48 |
| Change (%) | -8.28% | -5.73% | -1.27% | - | +3.18% | +23.57% | +57.96% |
| Change | -0.13 | -0.09 | -0.02 | - | +0.05 | +0.37 | +0.91 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.17 | 1.24 | 1.30 | 1.37 | 1.43 | 1.50 | 1.56 |
| Camarilla | 1.31 | 1.33 | 1.34 | 1.35 | 1.36 | 1.37 | 1.39 |
| Woodie | 1.16 | 1.24 | 1.29 | 1.37 | 1.42 | 1.50 | 1.55 |
| Fibonacci | 1.24 | 1.29 | 1.32 | 1.37 | 1.42 | 1.45 | 1.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.02 | 1.13 | 1.21 | 1.32 | 1.40 | 1.51 | 1.59 |
| Camarilla | 1.23 | 1.25 | 1.26 | 1.28 | 1.30 | 1.32 | 1.33 |
| Woodie | 1.00 | 1.12 | 1.19 | 1.31 | 1.38 | 1.50 | 1.57 |
| Fibonacci | 1.13 | 1.21 | 1.25 | 1.32 | 1.40 | 1.44 | 1.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.82 | 0.97 | 1.19 | 1.34 | 1.56 | 1.71 | 1.93 |
| Camarilla | 1.32 | 1.35 | 1.39 | 1.42 | 1.45 | 1.49 | 1.52 |
| Woodie | 0.87 | 0.99 | 1.24 | 1.36 | 1.61 | 1.73 | 1.98 |
| Fibonacci | 0.97 | 1.11 | 1.20 | 1.34 | 1.48 | 1.57 | 1.71 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.58 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 13.30 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 1.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.34 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.38 | |
| Zig ZAG (10): | 1.35 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 1.34 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.3200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.14 |
| MA7: | 1.31 | |
| MA20: | 1.38 | |
| MA50: | 1.35 | |
| MA100: | 1.80 | |
| MAexp7: | 1.34 | |
| MAexp20: | 1.34 | |
| MAexp50: | 1.33 | |
| MAexp100: | 1.33 | |
| Price / MA7: | +19.85% | |
| Price / MA20: | +13.77% | |
| Price / MA50: | +16.30% | |
| Price / MA100: | -12.78% | |
| Price / MAexp7: | +17.16% | |
| Price / MAexp20: | +17.16% | |
| Price / MAexp50: | +18.05% | |
| Price / MAexp100: | +18.05% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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