CRESCENT - Daily - Technical analysis published on 12/31/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.0108 EUR
My targets
0.0098 EUR (-3.92%)
0.0090 EUR (-11.76%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CRESCENT as long as the price remains well below 0.0108 EUR. The next bearish objective for sellers is set at 0.0098 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0090 EUR. If there is any crossing, the next objective would be the support located at 0.0074 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CRESCENT rating 0.0102 EUR. The price has increased by +4.08% since the last closing with the lowest point at 0.0098 EUR and the highest point at 0.0102 EUR. The deviation from the price is +4.08% for the low point and 0% for the high point.0.0098
0.0102
0.0102
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this CRESCENT chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
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 | 0.0074 | 0.0090 | 0.0098 | 0.0102 | 0.0108 | 0.0126 | 0.0138 |
| Change (%) | -27.45% | -11.76% | -3.92% | - | +5.88% | +23.53% | +35.29% |
| Change | -0.0028 | -0.0012 | -0.0004 | - | +0.0006 | +0.0024 | +0.0036 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0095 | 0.0097 | 0.0099 | 0.0101 | 0.0103 | 0.0105 | 0.0107 |
| Camarilla | 0.0101 | 0.0101 | 0.0102 | 0.0102 | 0.0102 | 0.0103 | 0.0103 |
| Woodie | 0.0096 | 0.0097 | 0.0100 | 0.0101 | 0.0104 | 0.0105 | 0.0108 |
| Fibonacci | 0.0097 | 0.0098 | 0.0099 | 0.0101 | 0.0102 | 0.0103 | 0.0105 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0095 | 0.0097 | 0.0099 | 0.0101 | 0.0103 | 0.0105 | 0.0107 |
| Camarilla | 0.0101 | 0.0101 | 0.0102 | 0.0102 | 0.0102 | 0.0103 | 0.0103 |
| Woodie | 0.0096 | 0.0097 | 0.0100 | 0.0101 | 0.0104 | 0.0105 | 0.0108 |
| Fibonacci | 0.0097 | 0.0098 | 0.0099 | 0.0101 | 0.0102 | 0.0103 | 0.0105 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0086 | 0.0092 | 0.0096 | 0.0102 | 0.0106 | 0.0112 | 0.0116 |
| Camarilla | 0.0097 | 0.0098 | 0.0099 | 0.0100 | 0.0101 | 0.0102 | 0.0103 |
| Woodie | 0.0085 | 0.0092 | 0.0095 | 0.0102 | 0.0105 | 0.0112 | 0.0115 |
| Fibonacci | 0.0092 | 0.0096 | 0.0098 | 0.0102 | 0.0106 | 0.0108 | 0.0112 |
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): | 48.00 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 51.0754 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.0103 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0268 | |
| Elder Ray (13): | -0.0004 | |
| Super Trend (3,10): | 0.0061 | |
| Zig ZAG (10): | 0.0102 | |
| VORTEX (21): | 0.9697 | |
| Stochastique (14,3,5): | 7.41 | |
| TEMA (21): | 0.0104 | |
| Williams %R (14): | -91.67 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | 0.0159 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0785 | |
| Courbe Coppock: | 4.19 |
| MA7: | 0.0104 | |
| MA20: | 0.0104 | |
| MA50: | 0.0103 | |
| MA100: | 0.0110 | |
| MAexp7: | 0.0103 | |
| MAexp20: | 0.0104 | |
| MAexp50: | 0.0105 | |
| MAexp100: | 0.0108 | |
| Price / MA7: | -1.92% | |
| Price / MA20: | -1.92% | |
| Price / MA50: | -0.97% | |
| Price / MA100: | -7.27% | |
| Price / MAexp7: | -0.97% | |
| Price / MAexp20: | -1.92% | |
| Price / MAexp50: | -2.86% | |
| Price / MAexp100: | -5.56% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The latest news and videos published on CRESCENT at the time of the analysis were 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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