IEXEC - RLC/USD - 1H - Technical analysis published on 08/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.923333 USD
My targets
1.050000 USD (+0.96%)
1.140000 USD (+9.62%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for IEXEC - RLC/USD as long as the price remains well above 0.923333 USD. The buyers' bullish objective is set at 1.050000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.140000 USD. If there is any crossing, the next objective would be the resistance located at 1.220000 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3
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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 IEXEC - RLC/USD price is 1.040000 USD. The price registered a decrease of -0.95% on the session with the lowest point at 1.000000 USD and the highest point at 1.060000 USD. The deviation from the price is +4.00% for the low point and -1.89% for the high point.1.000000
1.060000
1.040000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IEXEC - RLC/USD:
Technical
Technical analysis of IEXEC - RLC/USD in 1H 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 detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.910000 | 1.040000 | 1.050000 | 1.140000 | 1.220000 |
| Change (%) | -12.50% | - | +0.96% | +9.62% | +17.31% |
| Change | -0.130000 | - | +0.010000 | +0.100000 | +0.180000 |
| Level | Intermediate | - | Minor | Minor | Major |
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 | 0.986667 | 1.003333 | 1.026667 | 1.043333 | 1.066667 | 1.083333 | 1.106667 |
| Camarilla | 1.039000 | 1.042667 | 1.046333 | 1.050000 | 1.053667 | 1.057333 | 1.061000 |
| Woodie | 0.990000 | 1.005000 | 1.030000 | 1.045000 | 1.070000 | 1.085000 | 1.110000 |
| Fibonacci | 1.003333 | 1.018613 | 1.028053 | 1.043333 | 1.058613 | 1.068053 | 1.083333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.483333 | 0.696667 | 0.873333 | 1.086667 | 1.263333 | 1.476667 | 1.653333 |
| Camarilla | 0.942750 | 0.978500 | 1.014250 | 1.050000 | 1.085750 | 1.121500 | 1.157250 |
| Woodie | 0.465000 | 0.687500 | 0.855000 | 1.077500 | 1.245000 | 1.467500 | 1.635000 |
| Fibonacci | 0.696667 | 0.845647 | 0.937687 | 1.086667 | 1.235647 | 1.327687 | 1.476667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.746667 | 0.923333 | 1.056667 | 1.233333 | 1.366667 | 1.543333 | 1.676667 |
| Camarilla | 1.104750 | 1.133167 | 1.161583 | 1.190000 | 1.218417 | 1.246833 | 1.275250 |
| Woodie | 0.725000 | 0.912500 | 1.035000 | 1.222500 | 1.345000 | 1.532500 | 1.655000 |
| Fibonacci | 0.923333 | 1.041753 | 1.114913 | 1.233333 | 1.351753 | 1.424913 | 1.543333 |
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): | 50.17 | |
| MACD (12,26,9): | -0.0037 | |
| Directional Movement: | -1.808998 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 1.022174 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.001584 | |
| Elder Ray (13): | 0.009075 | |
| Super Trend (3,10): | 1.041291 | |
| Zig ZAG (10): | 1.030000 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 1.022141 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.010000 | |
| Repulse (5,40,3): | -2.1123 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0746 | |
| Courbe Coppock: | 0.96 |
| MA7: | 1.070000 | |
| MA20: | 1.173500 | |
| MA50: | 1.206400 | |
| MA100: | 1.313800 | |
| MAexp7: | 1.025744 | |
| MAexp20: | 1.027759 | |
| MAexp50: | 1.035730 | |
| MAexp100: | 1.055843 | |
| Price / MA7: | -2.80% | |
| Price / MA20: | -11.38% | |
| Price / MA50: | -13.79% | |
| Price / MA100: | -20.84% | |
| Price / MAexp7: | +1.39% | |
| Price / MAexp20: | +1.19% | |
| Price / MAexp50: | +0.41% | |
| Price / MAexp100: | -1.50% |
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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