POWERBRIDGE TECHNOLOGIES CO. - Daily - Technical analysis published on 07/13/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
POWERBRIDGE TECHNOLOGIES CO. Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
44%
22%
33%
My opinion
Bullish above 1.35 USD
My targets
2.09 USD (+3.47%)
2.10 USD (+4.11%)
My analysis
The strong short-term increase of POWERBRIDGE TECHNOLOGIES CO. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 1.35 USD, a purchase could be considered. The first bullish objective is located at 2.09 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 2.10 USD. If there is any crossing, the next objective would be the resistance at 3.16 USD. Caution, if there is a return under 1.35 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 not called into question, despite technical indicators being indecisive.
Force
0
10
2.5
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This analysis was given by aba0550.
Additional analysis
Quotes
The POWERBRIDGE TECHNOLOGIES CO. rating is 2.02 USD. The price registered a decrease of -8.60% on the session and was traded between 1.95 USD and 2.22 USD over the period. The price is currently at +3.59% from its lowest and -9.01% from its highest.1.95
2.22
2.02
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of POWERBRIDGE TECHNOLOGIES CO. in Daily shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 1.08 | 2.02 | 2.09 | 3.16 | 3.85 |
Change (%) | -46.53% | - | +3.47% | +56.44% | +90.59% |
Change | -0.94 | - | +0.07 | +1.14 | +1.83 |
Level | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.64 | 1.79 | 1.91 | 2.06 | 2.18 | 2.33 | 2.45 |
Camarilla | 1.95 | 1.97 | 2.00 | 2.02 | 2.05 | 2.07 | 2.09 |
Woodie | 1.62 | 1.78 | 1.89 | 2.05 | 2.16 | 2.32 | 2.43 |
Fibonacci | 1.79 | 1.90 | 1.96 | 2.06 | 2.17 | 2.23 | 2.33 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.64 | 1.79 | 1.91 | 2.06 | 2.18 | 2.33 | 2.45 |
Camarilla | 1.95 | 1.97 | 2.00 | 2.02 | 2.05 | 2.07 | 2.09 |
Woodie | 1.62 | 1.78 | 1.89 | 2.05 | 2.16 | 2.32 | 2.43 |
Fibonacci | 1.79 | 1.90 | 1.96 | 2.06 | 2.17 | 2.23 | 2.33 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.22 | 0.53 | 1.35 | 2.10 | 2.92 | 3.67 | 4.49 |
Camarilla | 1.73 | 1.87 | 2.02 | 2.16 | 2.30 | 2.45 | 2.59 |
Woodie | -0.20 | 0.55 | 1.38 | 2.12 | 2.95 | 3.69 | 4.52 |
Fibonacci | 0.53 | 1.13 | 1.50 | 2.10 | 2.70 | 3.07 | 3.67 |
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): | 52.00 | |
MACD (12,26,9): | 0.2200 | |
Directional Movement: | 23.15 | |
AROON (14): | 71.43 | |
DEMA (21): | 2.23 | |
Parabolic SAR (0,02-0,02-0,2): | 1.75 | |
Elder Ray (13): | -0.01 | |
Super Trend (3,10): | 1.54 | |
Zig ZAG (10): | 2.02 | |
VORTEX (21): | 1.0400 | |
Stochastique (14,3,5): | 38.28 | |
TEMA (21): | 2.44 | |
Williams %R (14): | -69.83 | |
Chande Momentum Oscillator (20): | 0.55 | |
Repulse (5,40,3): | -16.0100 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 1.8200 | |
Courbe Coppock: | 117.90 |
MA7: | 2.31 | |
MA20: | 1.85 | |
MA50: | 1.54 | |
MA100: | 2.31 | |
MAexp7: | 2.21 | |
MAexp20: | 1.96 | |
MAexp50: | 1.85 | |
MAexp100: | 2.07 | |
Price / MA7: | -12.55% | |
Price / MA20: | +9.19% | |
Price / MA50: | +31.17% | |
Price / MA100: | -12.55% | |
Price / MAexp7: | -8.60% | |
Price / MAexp20: | +3.06% | |
Price / MAexp50: | +9.19% | |
Price / MAexp100: | -2.42% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on POWERBRIDGE TECHNOLOGIES CO. at the time of the generation of this analysis was as follows:
- Powerbridge Technologies Co., Ltd. Receives NASDAQ Notice on Late Filing of Its Form 20-F
- Powerbridge Technologies Launches New Products and Solutions for Smart Connected City Applications
- Powerbridge Technologies Awarded Pingxiang Project Contract for its Smart Monitoring Control Platform
- Powerbridge Technologies Reports Financial Results and Business Update for the Six Months Ended June 30, 2020
- Powerbridge Technologies Expects to Accelerate its Revenue Growth by Expanding into Out of Home Advertising and Media Business
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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