STORJ - STORJ/USD - Daily - Technical analysis published on 10/18/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 0.543333 USD
My targets
0.393333 USD (-12.59%)
0.363000 USD (-19.33%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on STORJ - STORJ/USD. As long as you are under the resistance located at 0.543333 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.393333 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.363000 USD as an objective. Crossing it would then enable sellers to target 0.057731 USD. If the resistance 0.543333 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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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 0.450000 USD. The price registered an increase of +4.65% on the session and was between 0.420000 USD and 0.450000 USD. This implies that the price is at +7.14% from its lowest and at 0% from its highest.0.420000
0.450000
0.450000
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 STORJ - STORJ/USD in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. 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.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.057731 | 0.363000 | 0.450000 | 0.604762 | 0.730185 | 0.990000 |
| Change (%) | -87.17% | -19.33% | - | +34.39% | +62.26% | +120.00% |
| Change | -0.392269 | -0.087000 | - | +0.154762 | +0.280185 | +0.540000 |
| Level | Minor | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.396667 | 0.403333 | 0.416667 | 0.423333 | 0.436667 | 0.443333 | 0.456667 |
| Camarilla | 0.424500 | 0.426333 | 0.428167 | 0.430000 | 0.431833 | 0.433667 | 0.435500 |
| Woodie | 0.400000 | 0.405000 | 0.420000 | 0.425000 | 0.440000 | 0.445000 | 0.460000 |
| Fibonacci | 0.403333 | 0.410973 | 0.415693 | 0.423333 | 0.430973 | 0.435693 | 0.443333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.250000 | 0.310000 | 0.360000 | 0.420000 | 0.470000 | 0.530000 | 0.580000 |
| Camarilla | 0.379750 | 0.389833 | 0.399917 | 0.410000 | 0.420083 | 0.430167 | 0.440250 |
| Woodie | 0.245000 | 0.307500 | 0.355000 | 0.417500 | 0.465000 | 0.527500 | 0.575000 |
| Fibonacci | 0.310000 | 0.352020 | 0.377980 | 0.420000 | 0.462020 | 0.487980 | 0.530000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.243333 | 0.336667 | 0.393333 | 0.486667 | 0.543333 | 0.636667 | 0.693333 |
| Camarilla | 0.408750 | 0.422500 | 0.436250 | 0.450000 | 0.463750 | 0.477500 | 0.491250 |
| Woodie | 0.225000 | 0.327500 | 0.375000 | 0.477500 | 0.525000 | 0.627500 | 0.675000 |
| Fibonacci | 0.336667 | 0.393967 | 0.429367 | 0.486667 | 0.543967 | 0.579367 | 0.636667 |
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): | 46.05 | |
| MACD (12,26,9): | -0.0168 | |
| Directional Movement: | -2.805721 | |
| AROON (14): | -35.714285 | |
| DEMA (21): | 0.417075 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.481246 | |
| Elder Ray (13): | 0.001911 | |
| Super Trend (3,10): | 0.492379 | |
| Zig ZAG (10): | 0.440000 | |
| VORTEX (21): | 0.9245 | |
| Stochastique (14,3,5): | 42.86 | |
| TEMA (21): | 0.421997 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.020000 | |
| Repulse (5,40,3): | 6.9775 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.5554 | |
| Courbe Coppock: | 13.25 |
| MA7: | 0.420000 | |
| MA20: | 0.441000 | |
| MA50: | 0.480000 | |
| MA100: | 0.566100 | |
| MAexp7: | 0.428148 | |
| MAexp20: | 0.441065 | |
| MAexp50: | 0.483162 | |
| MAexp100: | 0.549862 | |
| Price / MA7: | +7.14% | |
| Price / MA20: | +2.04% | |
| Price / MA50: | -6.25% | |
| Price / MA100: | -20.51% | |
| Price / MAexp7: | +5.10% | |
| Price / MAexp20: | +2.03% | |
| Price / MAexp50: | -6.86% | |
| Price / MAexp100: | -18.16% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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