HARVEST FINANCE - FARM/USD - 1H - Technical analysis published on 01/09/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Bullish above 39.69 USD
My targets
44.43 USD (+3.42%)
46.64 USD (+8.57%)
My analysis
The strong short-term increase in HARVEST FINANCE - FARM/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 39.69 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 44.43 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 46.64 USD as an objective. Crossing it would then enable buyers to target 48.96 USD. Caution, a return under 39.69 USD could jeopardize the reversal.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.3
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Additional analysis
Quotes
HARVEST FINANCE - FARM/USD rating 42.96 USD. The price registered a decrease of -0.12% on the session and was between 42.46 USD and 43.25 USD. This implies that the price is at +1.18% from its lowest and at -0.67% from its highest.42.46
43.25
42.96
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of HARVEST FINANCE - FARM/USD indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.92 | 39.69 | 42.80 | 42.96 | 44.43 | 46.64 | 48.96 |
| Change (%) | -14.06% | -7.61% | -0.37% | - | +3.42% | +8.57% | +13.97% |
| Change | -6.04 | -3.27 | -0.16 | - | +1.47 | +3.68 | +6.00 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.16 | 37.67 | 40.34 | 41.85 | 44.52 | 46.03 | 48.70 |
| Camarilla | 41.86 | 42.24 | 42.63 | 43.01 | 43.39 | 43.78 | 44.16 |
| Woodie | 36.74 | 37.96 | 40.92 | 42.14 | 45.10 | 46.32 | 49.28 |
| Fibonacci | 37.67 | 39.27 | 40.25 | 41.85 | 43.45 | 44.43 | 46.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.42 | 32.62 | 38.82 | 49.02 | 55.22 | 65.42 | 71.62 |
| Camarilla | 40.52 | 42.02 | 43.53 | 45.03 | 46.53 | 48.04 | 49.54 |
| Woodie | 20.43 | 31.62 | 36.83 | 48.02 | 53.23 | 64.42 | 69.63 |
| Fibonacci | 32.62 | 38.88 | 42.75 | 49.02 | 55.28 | 59.15 | 65.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -5.93 | 12.42 | 31.13 | 49.48 | 68.19 | 86.54 | 105.25 |
| Camarilla | 39.65 | 43.05 | 46.44 | 49.84 | 53.24 | 56.63 | 60.03 |
| Woodie | -5.75 | 12.51 | 31.31 | 49.57 | 68.37 | 86.63 | 105.43 |
| Fibonacci | 12.42 | 26.58 | 35.32 | 49.48 | 63.64 | 72.38 | 86.54 |
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): | 56.52 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 2.62 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 42.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 42.34 | |
| Elder Ray (13): | 0.34 | |
| Super Trend (3,10): | 41.43 | |
| Zig ZAG (10): | 42.83 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 84.09 | |
| TEMA (21): | 43.04 | |
| Williams %R (14): | -20.10 | |
| Chande Momentum Oscillator (20): | 1.37 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 10.55 |
| MA7: | 44.42 | |
| MA20: | 44.79 | |
| MA50: | 38.38 | |
| MA100: | 32.55 | |
| MAexp7: | 42.80 | |
| MAexp20: | 42.37 | |
| MAexp50: | 42.83 | |
| MAexp100: | 43.97 | |
| Price / MA7: | -3.29% | |
| Price / MA20: | -4.09% | |
| Price / MA50: | +11.93% | |
| Price / MA100: | +31.98% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +1.39% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | -2.30% |
Quotes :
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Real time data
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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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