AMPLEFORTH - AMPL/USD - Daily - Technical analysis published on 08/13/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1.16 USD
My targets
1.00 USD (-7.41%)
0.86 USD (-20.37%)
My analysis
There is a bearish trend on AMPLEFORTH - AMPL/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.16 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.00 USD. Then the price could move towards 0.86 USD. Then 0.71 USD by extension. Be careful, a return to above the resistance 1.16 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMPLEFORTH - AMPL/USD rating is 1.08 USD. On the day, this instrument gained +1.89% with the lowest point at 1.06 USD and the highest point at 1.08 USD. The deviation from the price is +1.89% for the low point and 0% for the high point.1.06
1.08
1.08
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AMPLEFORTH - AMPL/USD in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.71 | 0.86 | 1.00 | 1.08 | 1.16 | 1.21 | 1.36 |
| Change (%) | -34.26% | -20.37% | -7.41% | - | +7.41% | +12.04% | +25.93% |
| Change | -0.37 | -0.22 | -0.08 | - | +0.08 | +0.13 | +0.28 |
| Level | Major | Minor | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.02 | 1.04 | 1.05 | 1.07 | 1.08 | 1.10 | 1.11 |
| Camarilla | 1.05 | 1.06 | 1.06 | 1.06 | 1.06 | 1.07 | 1.07 |
| Woodie | 1.02 | 1.04 | 1.05 | 1.07 | 1.08 | 1.10 | 1.11 |
| Fibonacci | 1.04 | 1.05 | 1.06 | 1.07 | 1.08 | 1.09 | 1.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.95 | 1.00 | 1.03 | 1.08 | 1.11 | 1.16 | 1.19 |
| Camarilla | 1.04 | 1.05 | 1.05 | 1.06 | 1.07 | 1.08 | 1.08 |
| Woodie | 0.94 | 1.00 | 1.02 | 1.08 | 1.10 | 1.16 | 1.18 |
| Fibonacci | 1.00 | 1.03 | 1.05 | 1.08 | 1.11 | 1.13 | 1.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.60 | 0.81 | 0.95 | 1.16 | 1.30 | 1.51 | 1.65 |
| Camarilla | 0.99 | 1.03 | 1.06 | 1.09 | 1.12 | 1.15 | 1.19 |
| Woodie | 0.57 | 0.79 | 0.92 | 1.14 | 1.27 | 1.49 | 1.62 |
| Fibonacci | 0.81 | 0.94 | 1.03 | 1.16 | 1.29 | 1.38 | 1.51 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.91 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -6.90 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 1.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.15 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 1.18 | |
| Zig ZAG (10): | 1.07 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 16.06 | |
| TEMA (21): | 1.07 | |
| Williams %R (14): | -79.09 | |
| Chande Momentum Oscillator (20): | -0.09 | |
| Repulse (5,40,3): | -1.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2300 | |
| Courbe Coppock: | 4.96 |
| MA7: | 1.08 | |
| MA20: | 1.10 | |
| MA50: | 1.17 | |
| MA100: | 1.12 | |
| MAexp7: | 1.08 | |
| MAexp20: | 1.10 | |
| MAexp50: | 1.12 | |
| MAexp100: | 1.13 | |
| Price / MA7: | -0% | |
| Price / MA20: | -1.82% | |
| Price / MA50: | -7.69% | |
| Price / MA100: | -3.57% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -1.82% | |
| Price / MAexp50: | -3.57% | |
| Price / MAexp100: | -4.42% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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