IEXEC - RLC/USD - Daily - Technical analysis published on 11/07/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.17 USD
My targets
1.32 USD (+9.09%)
1.54 USD (+27.27%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on IEXEC - RLC/USD. This is a positive signal for buyers. As long as the price remains above 1.17 USD, a purchase could be considered. The first bullish objective is located at 1.32 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.54 USD as an objective. Crossing it would then enable buyers to target 1.64 USD. In the event of a return below 1.17 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
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Additional analysis
Quotes
The IEXEC - RLC/USD rating is 1.21 USD. On the day, this instrument gained +2.54% and was traded between 1.18 USD and 1.21 USD over the period. The price is currently at +2.54% from its lowest and 0% from its highest.1.18
1.21
1.21
Here is a more detailed summary of the historical variations registered by IEXEC - RLC/USD:
Technical
A technical analysis in Daily of this IEXEC - RLC/USD chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.85 | 1.04 | 1.17 | 1.21 | 1.32 | 1.54 | 1.64 |
| Change (%) | -29.75% | -14.05% | -3.31% | - | +9.09% | +27.27% | +35.54% |
| Change | -0.36 | -0.17 | -0.04 | - | +0.11 | +0.33 | +0.43 |
| Level | Intermediate | Major | Minor | - | Intermediate | Major | Minor |
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 | 1.02 | 1.09 | 1.14 | 1.21 | 1.26 | 1.33 | 1.38 |
| Camarilla | 1.15 | 1.16 | 1.17 | 1.18 | 1.19 | 1.20 | 1.21 |
| Woodie | 1.00 | 1.09 | 1.12 | 1.21 | 1.24 | 1.33 | 1.36 |
| Fibonacci | 1.09 | 1.14 | 1.17 | 1.21 | 1.26 | 1.29 | 1.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.73 | 0.87 | 1.07 | 1.21 | 1.41 | 1.55 | 1.75 |
| Camarilla | 1.18 | 1.21 | 1.24 | 1.27 | 1.30 | 1.33 | 1.36 |
| Woodie | 0.76 | 0.89 | 1.10 | 1.23 | 1.44 | 1.57 | 1.78 |
| Fibonacci | 0.87 | 1.00 | 1.08 | 1.21 | 1.34 | 1.42 | 1.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.64 | 0.82 | 0.94 | 1.12 | 1.24 | 1.42 | 1.54 |
| Camarilla | 0.98 | 1.01 | 1.03 | 1.06 | 1.09 | 1.12 | 1.14 |
| Woodie | 0.61 | 0.81 | 0.91 | 1.11 | 1.21 | 1.41 | 1.51 |
| Fibonacci | 0.82 | 0.94 | 1.01 | 1.12 | 1.24 | 1.31 | 1.42 |
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): | 55.64 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 13.64 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 1.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.06 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 1.03 | |
| Zig ZAG (10): | 1.20 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 60.78 | |
| TEMA (21): | 1.18 | |
| Williams %R (14): | -44.12 | |
| Chande Momentum Oscillator (20): | 0.13 | |
| Repulse (5,40,3): | -1.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 19.53 |
| MA7: | 1.17 | |
| MA20: | 1.10 | |
| MA50: | 1.15 | |
| MA100: | 1.20 | |
| MAexp7: | 1.18 | |
| MAexp20: | 1.13 | |
| MAexp50: | 1.14 | |
| MAexp100: | 1.16 | |
| Price / MA7: | +3.42% | |
| Price / MA20: | +10.00% | |
| Price / MA50: | +5.22% | |
| Price / MA100: | +0.83% | |
| Price / MAexp7: | +2.54% | |
| Price / MAexp20: | +7.08% | |
| Price / MAexp50: | +6.14% | |
| Price / MAexp100: | +4.31% |
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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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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