CRESCENT - Daily - Technical analysis published on 11/11/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.0163 EUR
My targets
0.0190 EUR (+6.74%)
0.0216 EUR (+21.35%)
My analysis
The current short-term bullish acceleration on CRESCENT should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.0163 EUR. Short-term buyers will use the resistance located at 0.0190 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.0216 EUR. Crossing this resistance would then open the door for buyers to target 0.0243 EUR. Caution, if there is a return to under 0.0163 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
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
3.2
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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CRESCENT rating is 0.0178 EUR. The price has increased by +6.59% since the last closing and was between 0.0170 EUR and 0.0178 EUR. This implies that the price is at +4.71% from its lowest and at 0% from its highest.0.0170
0.0178
0.0178
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CRESCENT in Daily shows a neutral overall 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.0154 | 0.0163 | 0.0178 | 0.0180 | 0.0190 | 0.0216 |
| Change (%) | -13.48% | -8.43% | - | +1.12% | +6.74% | +21.35% |
| Change | -0.0024 | -0.0015 | - | +0.0002 | +0.0012 | +0.0038 |
| Level | Major | Minor | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0158 | 0.0161 | 0.0164 | 0.0167 | 0.0170 | 0.0173 | 0.0176 |
| Camarilla | 0.0165 | 0.0166 | 0.0167 | 0.0167 | 0.0168 | 0.0168 | 0.0169 |
| Woodie | 0.0158 | 0.0161 | 0.0164 | 0.0167 | 0.0170 | 0.0173 | 0.0176 |
| Fibonacci | 0.0161 | 0.0163 | 0.0165 | 0.0167 | 0.0169 | 0.0171 | 0.0173 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0126 | 0.0139 | 0.0157 | 0.0170 | 0.0188 | 0.0201 | 0.0219 |
| Camarilla | 0.0167 | 0.0169 | 0.0172 | 0.0175 | 0.0178 | 0.0181 | 0.0184 |
| Woodie | 0.0129 | 0.0140 | 0.0160 | 0.0171 | 0.0191 | 0.0202 | 0.0222 |
| Fibonacci | 0.0139 | 0.0151 | 0.0158 | 0.0170 | 0.0182 | 0.0189 | 0.0201 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0127 | -0.0063 | 0.0046 | 0.0110 | 0.0219 | 0.0283 | 0.0392 |
| Camarilla | 0.0107 | 0.0123 | 0.0139 | 0.0155 | 0.0171 | 0.0187 | 0.0203 |
| Woodie | -0.0105 | -0.0052 | 0.0069 | 0.0121 | 0.0242 | 0.0294 | 0.0415 |
| Fibonacci | -0.0063 | 0.0003 | 0.0044 | 0.0110 | 0.0176 | 0.0217 | 0.0283 |
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): | 56.78 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -26.3986 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 0.0166 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0066 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 0.0141 | |
| Zig ZAG (10): | 0.0178 | |
| VORTEX (21): | 1.0257 | |
| Stochastique (14,3,5): | 73.57 | |
| TEMA (21): | 0.0169 | |
| Williams %R (14): | -16.13 | |
| Chande Momentum Oscillator (20): | 0.0017 | |
| Repulse (5,40,3): | 2.6788 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0991 | |
| Courbe Coppock: | 5.80 |
| MA7: | 0.0170 | |
| MA20: | 0.0165 | |
| MA50: | 0.0169 | |
| MA100: | 0.0173 | |
| MAexp7: | 0.0169 | |
| MAexp20: | 0.0166 | |
| MAexp50: | 0.0168 | |
| MAexp100: | 0.0174 | |
| Price / MA7: | +4.71% | |
| Price / MA20: | +7.88% | |
| Price / MA50: | +5.33% | |
| Price / MA100: | +2.89% | |
| Price / MAexp7: | +5.33% | |
| Price / MAexp20: | +7.23% | |
| Price / MAexp50: | +5.95% | |
| Price / MAexp100: | +2.30% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The last news published on CRESCENT at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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