NEAR - NEAR/USD - 15 min. - Technical analysis published on 03/16/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.87 USD
My targets
1.98 USD (+1.17%)
2.10 USD (+6.99%)
My analysis
The strong short-term increase of NEAR - NEAR/USD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 1.87 USD, a purchase could be considered. The first bullish objective is located at 1.98 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 2.10 USD. If there is any crossing, the next objective would be the resistance at 2.27 USD. Caution, if there is a return under 1.87 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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
3.8
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEAR - NEAR/USD price is 1.96 USD. The price registered an increase of +2.08% on the session and was between 1.90 USD and 1.96 USD. This implies that the price is at +3.16% from its lowest and at 0% from its highest.1.90
1.96
1.96
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Technical
A technical analysis in 15 min. of this NEAR - NEAR/USD chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.71 | 1.88 | 1.95 | 1.96 | 2.05 | 2.16 | 2.22 |
| Change (%) | -12.76% | -4.08% | -0.51% | - | +4.59% | +10.20% | +13.27% |
| Change | -0.25 | -0.08 | -0.01 | - | +0.09 | +0.20 | +0.26 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Major |
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 | 1.52 | 1.69 | 1.81 | 1.98 | 2.10 | 2.27 | 2.39 |
| Camarilla | 1.84 | 1.87 | 1.89 | 1.92 | 1.95 | 1.97 | 2.00 |
| Woodie | 1.49 | 1.68 | 1.78 | 1.97 | 2.07 | 2.26 | 2.36 |
| Fibonacci | 1.69 | 1.80 | 1.87 | 1.98 | 2.09 | 2.16 | 2.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.16 | 1.42 | 1.61 | 1.87 | 2.06 | 2.32 | 2.51 |
| Camarilla | 1.69 | 1.73 | 1.77 | 1.81 | 1.85 | 1.89 | 1.93 |
| Woodie | 1.14 | 1.40 | 1.59 | 1.85 | 2.04 | 2.30 | 2.49 |
| Fibonacci | 1.42 | 1.59 | 1.70 | 1.87 | 2.04 | 2.15 | 2.32 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.36 | 1.73 | 2.10 | 2.47 | 2.84 | 3.21 | 3.58 |
| Camarilla | 2.27 | 2.33 | 2.40 | 2.47 | 2.54 | 2.61 | 2.67 |
| Woodie | 1.36 | 1.73 | 2.10 | 2.47 | 2.84 | 3.21 | 3.58 |
| Fibonacci | 1.73 | 2.01 | 2.19 | 2.47 | 2.75 | 2.93 | 3.21 |
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): | 55.71 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 6.08 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.93 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.96 | |
| Zig ZAG (10): | 1.95 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 74.36 | |
| TEMA (21): | 1.95 | |
| Williams %R (14): | -7.69 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.8400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.92 |
| MA7: | 1.94 | |
| MA20: | 2.12 | |
| MA50: | 2.29 | |
| MA100: | 1.95 | |
| MAexp7: | 1.95 | |
| MAexp20: | 1.94 | |
| MAexp50: | 1.95 | |
| MAexp100: | 1.98 | |
| Price / MA7: | +1.03% | |
| Price / MA20: | -7.55% | |
| Price / MA50: | -14.41% | |
| Price / MA100: | +0.51% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +1.03% | |
| Price / MAexp50: | +0.51% | |
| Price / MAexp100: | -1.01% |
Quotes :
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Real time data
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