KLEROS - PNK/USD - 1H - Technical analysis published on 08/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 0.016901 USD
My targets
0.016490 USD (-0.78%)
0.015391 USD (-7.40%)
My analysis
The bearish basic trend is very strong on KLEROS - PNK/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.016901 USD. Crossing the first support at 0.016490 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.015391 USD as an objective. Crossing it would then enable sellers to target 0.013113 USD. Caution, a return to above the resistance located at 0.016901 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.5
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Additional analysis
Quotes
The KLEROS - PNK/USD price is 0.016620 USD. The price registered a decrease of -0.18% on the session with the lowest point at 0.016620 USD and the highest point at 0.016754 USD. The deviation from the price is 0% for the low point and -0.80% for the high point.0.016620
0.016754
0.016620
Here is a more detailed summary of the historical variations registered by KLEROS - PNK/USD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of KLEROS - PNK/USD in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 0.013113 | 0.016490 | 0.016620 | 0.016901 | 0.017663 | 0.018253 |
| Change (%) | -21.10% | -0.78% | - | +1.69% | +6.28% | +9.83% |
| Change | -0.003507 | -0.000130 | - | +0.000281 | +0.001043 | +0.001633 |
| Level | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.015846 | 0.016168 | 0.016409 | 0.016731 | 0.016972 | 0.017294 | 0.017535 |
| Camarilla | 0.016495 | 0.016547 | 0.016598 | 0.016650 | 0.016702 | 0.016753 | 0.016805 |
| Woodie | 0.015806 | 0.016148 | 0.016369 | 0.016711 | 0.016932 | 0.017274 | 0.017495 |
| Fibonacci | 0.016168 | 0.016383 | 0.016516 | 0.016731 | 0.016946 | 0.017079 | 0.017294 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007853 | 0.012721 | 0.015391 | 0.020259 | 0.022929 | 0.027797 | 0.030467 |
| Camarilla | 0.015987 | 0.016678 | 0.017369 | 0.018060 | 0.018751 | 0.019442 | 0.020133 |
| Woodie | 0.006753 | 0.012172 | 0.014291 | 0.019710 | 0.021829 | 0.027248 | 0.029367 |
| Fibonacci | 0.012721 | 0.015601 | 0.017380 | 0.020259 | 0.023139 | 0.024918 | 0.027797 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013463 | 0.018297 | 0.021613 | 0.026447 | 0.029763 | 0.034597 | 0.037913 |
| Camarilla | 0.022689 | 0.023436 | 0.024183 | 0.024930 | 0.025677 | 0.026424 | 0.027171 |
| Woodie | 0.012705 | 0.017918 | 0.020855 | 0.026068 | 0.029005 | 0.034218 | 0.037155 |
| Fibonacci | 0.018297 | 0.021410 | 0.023333 | 0.026447 | 0.029560 | 0.031483 | 0.034597 |
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): | 49.61 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -0.819114 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.016645 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.016490 | |
| Elder Ray (13): | 0.000003 | |
| Super Trend (3,10): | 0.016884 | |
| Zig ZAG (10): | 0.016753 | |
| VORTEX (21): | 0.9024 | |
| Stochastique (14,3,5): | 46.38 | |
| TEMA (21): | 0.016653 | |
| Williams %R (14): | -37.23 | |
| Chande Momentum Oscillator (20): | 0.000033 | |
| Repulse (5,40,3): | 0.5138 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0543 | |
| Courbe Coppock: | 0.96 |
| MA7: | 0.017222 | |
| MA20: | 0.020492 | |
| MA50: | 0.022862 | |
| MA100: | 0.025131 | |
| MAexp7: | 0.016702 | |
| MAexp20: | 0.016726 | |
| MAexp50: | 0.016859 | |
| MAexp100: | 0.017089 | |
| Price / MA7: | -3.50% | |
| Price / MA20: | -18.90% | |
| Price / MA50: | -27.30% | |
| Price / MA100: | -33.87% | |
| Price / MAexp7: | -0.49% | |
| Price / MAexp20: | -0.63% | |
| Price / MAexp50: | -1.42% | |
| Price / MAexp100: | -2.74% |
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.
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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