Londinia Opportunities Analyses - 04/25/2024 (GMT) ARCELLX INC. - 1H

ARCELLX INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: ACLX
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 51.83 USD
My targets
48.74 USD (-3.43%)
46.90 USD (-7.07%)
My analysis
ARCELLX INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 51.83 USD. The next support located at 48.74 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 46.90 USD. Below this support, sellers could then target 37.40 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The ARCELLX INC. rating is 50.47 USD. On the day, this instrument lost -4.45% and was traded between 49.66 USD and 51.52 USD over the period. The price is currently at +1.63% from its lowest and -2.04% from its highest.

49.66
51.52
50.47

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ARCELLX INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of ARCELLX INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 31.56 37.40 46.90 50.47 51.83 55.28 59.92
Change (%) -37.47% -25.90% -7.07% - +2.69% +9.53% +18.72%
Change -18.91 -13.07 -3.57 - +1.36 +4.81 +9.45
Level Major Intermediate Major - Major 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
Standard49.5351.0351.9353.4354.3355.8356.73
Camarilla52.1652.3852.6052.8253.0453.2653.48
Woodie49.2250.8851.6253.2854.0255.6856.42
Fibonacci51.0351.9552.5253.4354.3554.9255.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.6345.8348.7453.9456.8562.0564.96
Camarilla49.4250.1650.9151.6552.3953.1453.88
Woodie39.4945.2647.6053.3755.7161.4863.82
Fibonacci45.8348.9350.8453.9457.0458.9562.05


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.5361.3665.4570.2874.3779.2083.29
Camarilla67.1067.9268.7369.5570.3771.1972.00
Woodie56.1761.1865.0970.1074.0179.0282.93
Fibonacci61.3664.7666.8770.2873.6875.7979.20

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): 31.05
MACD (12,26,9): -0.3700
Directional Movement: -26.59
AROON (14): -78.57
DEMA (21): 52.93
Parabolic SAR (0,02-0,02-0,2): 55.27
Elder Ray (13): -2.36
Super Trend (3,10): 53.90
Zig ZAG (10): 50.23
VORTEX (21): 0.9300
Stochastique (14,3,5): 15.43
TEMA (21): 52.98
Williams %R (14): -99.06
Chande Momentum Oscillator (20): -5.11
Repulse (5,40,3): -5.7300
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.25
MA7: 52.68
MA20: 58.43
MA50: 64.03
MA100: 60.42
MAexp7: 51.96
MAexp20: 53.31
MAexp50: 54.38
MAexp100: 56.93
Price / MA7: -4.20%
Price / MA20: -13.62%
Price / MA50: -21.18%
Price / MA100: -16.47%
Price / MAexp7: -2.87%
Price / MAexp20: -5.33%
Price / MAexp50: -7.19%
Price / MAexp100: -11.35%

Quotes : - 15 min delayed data - Actions NASDAQ

News


The latest news and videos published on ARCELLX INC. at the time of the analysis were as follows: