STORJ - STORJ/USD - Daily - Technical analysis published on 09/30/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.603333 USD
My targets
0.456667 USD (-0.72%)
0.363000 USD (-21.09%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STORJ - STORJ/USD as long as the price remains well below 0.603333 USD. The sellers' bearish objective is set at 0.456667 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.363000 USD. In case of crossing, the next objective would be the support located at 0.057731 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STORJ - STORJ/USD rating is 0.460000 USD. On the day, this instrument gained +2.22% and was between 0.450000 USD and 0.460000 USD. This implies that the price is at +2.22% from its lowest and at 0% from its highest.0.450000
0.460000
0.460000
Here is a more detailed summary of the historical variations registered by STORJ - STORJ/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of STORJ - STORJ/USD in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.057731 | 0.363000 | 0.460000 | 0.604762 | 0.730185 | 0.990000 |
Change (%) | -87.45% | -21.09% | - | +31.47% | +58.74% | +115.22% |
Change | -0.402269 | -0.097000 | - | +0.144762 | +0.270185 | +0.530000 |
Level | 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 | 0.420000 | 0.430000 | 0.440000 | 0.450000 | 0.460000 | 0.470000 | 0.480000 |
Camarilla | 0.444500 | 0.446333 | 0.448167 | 0.450000 | 0.451833 | 0.453667 | 0.455500 |
Woodie | 0.420000 | 0.430000 | 0.440000 | 0.450000 | 0.460000 | 0.470000 | 0.480000 |
Fibonacci | 0.430000 | 0.437640 | 0.442360 | 0.450000 | 0.457640 | 0.462360 | 0.470000 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.356667 | 0.393333 | 0.436667 | 0.473333 | 0.516667 | 0.553333 | 0.596667 |
Camarilla | 0.458000 | 0.465333 | 0.472667 | 0.480000 | 0.487333 | 0.494667 | 0.502000 |
Woodie | 0.360000 | 0.395000 | 0.440000 | 0.475000 | 0.520000 | 0.555000 | 0.600000 |
Fibonacci | 0.393333 | 0.423893 | 0.442773 | 0.473333 | 0.503893 | 0.522773 | 0.553333 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.216667 | 0.363333 | 0.456667 | 0.603333 | 0.696667 | 0.843333 | 0.936667 |
Camarilla | 0.484000 | 0.506000 | 0.528000 | 0.550000 | 0.572000 | 0.594000 | 0.616000 |
Woodie | 0.190000 | 0.350000 | 0.430000 | 0.590000 | 0.670000 | 0.830000 | 0.910000 |
Fibonacci | 0.363333 | 0.455013 | 0.511653 | 0.603333 | 0.695013 | 0.751653 | 0.843333 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 36.65 | |
MACD (12,26,9): | -0.0266 | |
Directional Movement: | -5.047710 | |
AROON (14): | -35.714286 | |
DEMA (21): | 0.442317 | |
Parabolic SAR (0,02-0,02-0,2): | 0.433528 | |
Elder Ray (13): | -0.016104 | |
Super Trend (3,10): | 0.538793 | |
Zig ZAG (10): | 0.460000 | |
VORTEX (21): | 0.8857 | |
Stochastique (14,3,5): | 25.00 | |
TEMA (21): | 0.442907 | |
Williams %R (14): | -75.00 | |
Chande Momentum Oscillator (20): | -0.020000 | |
Repulse (5,40,3): | -2.4623 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.7772 | |
Courbe Coppock: | 19.20 |
MA7: | 0.458571 | |
MA20: | 0.479500 | |
MA50: | 0.543400 | |
MA100: | 0.622700 | |
MAexp7: | 0.456431 | |
MAexp20: | 0.479316 | |
MAexp50: | 0.531594 | |
MAexp100: | 0.595141 | |
Price / MA7: | +0.31% | |
Price / MA20: | -4.07% | |
Price / MA50: | -15.35% | |
Price / MA100: | -26.13% | |
Price / MAexp7: | +0.78% | |
Price / MAexp20: | -4.03% | |
Price / MAexp50: | -13.47% | |
Price / MAexp100: | -22.71% |
Quotes :
-
Real time data
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Cryptocompare
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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