Londinia Opportunities Analyses - 04/26/2024 (GMT) PRT US VOLATILITY INDEX - 1H

PRT US VOLATILITY INDEX
- USD (-)
- 10 min delayed data - CME E-mini Options
Type: Indices
Ticker: PRTUSVI
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 15.66 USD
My targets
14.86 USD (-2.69%)
13.75 USD (-9.95%)
My analysis
The bearish trend is currently very strong for PRT US VOLATILITY INDEX. As long as the price remains below the resistance at 15.66 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 14.86 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 13.75 USD as an objective. Crossing it would then enable sellers to target 12.82 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9

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Additional analysis

Quotes

The PRT US VOLATILITY INDEX price is 15.27 USD. The price registered a decrease of -0.78% on the session and was traded between 15.18 USD and 15.82 USD over the period. The price is currently at +0.59% from its lowest and -3.48% from its highest.

15.18
15.82
15.27

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 1H of this PRT US VOLATILITY INDEX chart shows a sharp bearish trend. 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 market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



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

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 12.82 14.86 15.27 15.83 16.61 17.75
Change (%) -16.04% -2.69% - +3.67% +8.78% +16.24%
Change -2.45 -0.41 - +0.56 +1.34 +2.48
Level Intermediate Major - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.1711.3213.3615.5117.5519.7021.74
Camarilla14.2414.6215.0115.3915.7716.1616.54
Woodie9.1111.2913.3015.4817.4919.6721.68
Fibonacci11.3212.9213.9115.5117.1118.1019.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.1213.7516.3218.9521.5224.1526.72
Camarilla17.4617.9418.4118.8919.3719.8420.32
Woodie11.0913.7416.2918.9421.4924.1426.69
Fibonacci13.7515.7416.9618.9520.9422.1624.15


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.3810.3712.0214.0115.6617.6519.30
Camarilla12.6612.9913.3313.6613.9914.3314.66
Woodie8.2010.2911.8413.9315.4817.5719.12
Fibonacci10.3711.7612.6214.0115.4016.2617.65

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): 37.37
MACD (12,26,9): -0.2700
Directional Movement: -26.56
AROON (14): -28.57
DEMA (21): 15.47
Parabolic SAR (0,02-0,02-0,2): 16.24
Elder Ray (13): -0.31
Super Trend (3,10): 16.59
Zig ZAG (10): 15.30
VORTEX (21): 0.9600
Stochastique (14,3,5): 56.35
TEMA (21): 15.37
Williams %R (14): -40.51
Chande Momentum Oscillator (20): -1.07
Repulse (5,40,3): -1.7900
ROCnROLL: 2
TRIX (15,9): -0.1500
Courbe Coppock: 13.49
MA7: 16.61
MA20: 16.30
MA50: 14.88
MA100: 14.06
MAexp7: 15.45
MAexp20: 15.79
MAexp50: 16.23
MAexp100: 16.66
Price / MA7: -8.07%
Price / MA20: -6.32%
Price / MA50: +2.62%
Price / MA100: +8.61%
Price / MAexp7: -1.17%
Price / MAexp20: -3.29%
Price / MAexp50: -5.91%
Price / MAexp100: -8.34%

Quotes : - 10 min delayed data - Options CME E-mini