GNOSIS - GNO/USD - 1H - Technical analysis published on 02/03/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
56%
6%
39%
My opinion
Bullish above 208.13 USD
My targets
218.30 USD (+1.61%)
225.15 USD (+4.80%)
My analysis
The strong short-term increase of GNOSIS - GNO/USD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 208.13 USD, a purchase could be considered. The first bullish objective is located at 218.30 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 225.15 USD. If there is any crossing, the next objective would be the resistance at 243.27 USD. Caution, if there is a return under 208.13 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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
3.4
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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 GNOSIS - GNO/USD price is 214.84 USD. On the day, this instrument lost -0.02% and was between 214.59 USD and 215.29 USD. This implies that the price is at +0.12% from its lowest and at -0.21% from its highest.214.59
215.29
214.84
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
Here is a more detailed summary of the historical variations registered by GNOSIS - GNO/USD:
Technical
A technical analysis in 1H of this GNOSIS - GNO/USD chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 182.07 | 198.42 | 208.13 | 214.84 | 218.30 | 225.15 | 243.27 |
| Change (%) | -15.25% | -7.64% | -3.12% | - | +1.61% | +4.80% | +13.23% |
| Change | -32.77 | -16.42 | -6.71 | - | +3.46 | +10.31 | +28.43 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | 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 | 207.27 | 209.40 | 212.14 | 214.27 | 217.01 | 219.14 | 221.88 |
| Camarilla | 213.55 | 214.00 | 214.44 | 214.89 | 215.34 | 215.78 | 216.23 |
| Woodie | 207.59 | 209.55 | 212.46 | 214.42 | 217.33 | 219.29 | 222.20 |
| Fibonacci | 209.40 | 211.26 | 212.41 | 214.27 | 216.13 | 217.28 | 219.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 170.90 | 180.82 | 196.93 | 206.85 | 222.96 | 232.88 | 248.99 |
| Camarilla | 205.88 | 208.27 | 210.65 | 213.04 | 215.43 | 217.81 | 220.20 |
| Woodie | 174.00 | 182.37 | 200.03 | 208.40 | 226.06 | 234.43 | 252.09 |
| Fibonacci | 180.82 | 190.76 | 196.91 | 206.85 | 216.79 | 222.94 | 232.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.87 | 134.59 | 174.22 | 216.94 | 256.57 | 299.29 | 338.92 |
| Camarilla | 191.21 | 198.76 | 206.31 | 213.86 | 221.41 | 228.96 | 236.51 |
| Woodie | 90.34 | 133.82 | 172.69 | 216.17 | 255.04 | 298.52 | 337.39 |
| Fibonacci | 134.59 | 166.04 | 185.48 | 216.94 | 248.39 | 267.83 | 299.29 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.37 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | -1.06 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 214.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 216.10 | |
| Elder Ray (13): | 0.74 | |
| Super Trend (3,10): | 218.65 | |
| Zig ZAG (10): | 214.70 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 65.69 | |
| TEMA (21): | 214.43 | |
| Williams %R (14): | -35.78 | |
| Chande Momentum Oscillator (20): | 1.37 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.19 |
| MA7: | 216.75 | |
| MA20: | 211.56 | |
| MA50: | 203.86 | |
| MA100: | 189.34 | |
| MAexp7: | 214.25 | |
| MAexp20: | 214.13 | |
| MAexp50: | 214.66 | |
| MAexp100: | 215.04 | |
| Price / MA7: | -0.88% | |
| Price / MA20: | +1.55% | |
| Price / MA50: | +5.39% | |
| Price / MA100: | +13.47% | |
| Price / MAexp7: | +0.28% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | -0.09% |
Quotes :
-
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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