IEXEC - RLC/USD - 1H - Technical analysis published on 04/23/2024 (GMT)
- 139
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 2.99 USD
My targets
3.10 USD (+2.31%)
3.40 USD (+12.21%)
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 IEXEC - RLC/USD. As long as you are above the support located at 2.99 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3.10 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 3.40 USD as an objective. Crossing it would then enable buyers to target 4.08 USD. If the support 2.99 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
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
2.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IEXEC - RLC/USD rating is 3.03 USD. The price is lower by -0.33% since the last closing with the lowest point at 3.02 USD and the highest point at 3.09 USD. The deviation from the price is +0.33% for the low point and -1.94% for the high point.3.02
3.09
3.03
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 an overall bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 7 technical indicators out of 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 2.43 | 2.62 | 2.99 | 3.03 | 3.10 | 3.40 | 4.08 |
| Change (%) | -19.80% | -13.53% | -1.32% | - | +2.31% | +12.21% | +34.65% |
| Change | -0.60 | -0.41 | -0.04 | - | +0.07 | +0.37 | +1.05 |
| Level | Minor | Minor | Minor | - | Intermediate | Intermediate | Minor |
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 | 2.88 | 2.93 | 2.99 | 3.04 | 3.10 | 3.15 | 3.21 |
| Camarilla | 3.01 | 3.02 | 3.03 | 3.04 | 3.05 | 3.06 | 3.07 |
| Woodie | 2.88 | 2.93 | 2.99 | 3.04 | 3.10 | 3.15 | 3.21 |
| Fibonacci | 2.93 | 2.98 | 3.00 | 3.04 | 3.09 | 3.11 | 3.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.64 | 1.90 | 2.43 | 2.69 | 3.22 | 3.48 | 4.01 |
| Camarilla | 2.73 | 2.81 | 2.88 | 2.95 | 3.02 | 3.10 | 3.17 |
| Woodie | 1.77 | 1.97 | 2.56 | 2.76 | 3.35 | 3.55 | 4.14 |
| Fibonacci | 1.90 | 2.21 | 2.39 | 2.69 | 3.00 | 3.18 | 3.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.18 | 2.08 | 2.98 | 3.88 | 4.78 | 5.68 | 6.58 |
| Camarilla | 3.39 | 3.55 | 3.72 | 3.88 | 4.05 | 4.21 | 4.38 |
| Woodie | 1.18 | 2.08 | 2.98 | 3.88 | 4.78 | 5.68 | 6.58 |
| Fibonacci | 2.08 | 2.77 | 3.19 | 3.88 | 4.57 | 4.99 | 5.68 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.30 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 3.97 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 3.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.00 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.96 | |
| Zig ZAG (10): | 3.05 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 48.52 | |
| TEMA (21): | 3.04 | |
| Williams %R (14): | -44.44 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.2800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.24 |
| MA7: | 2.80 | |
| MA20: | 2.96 | |
| MA50: | 3.50 | |
| MA100: | 3.11 | |
| MAexp7: | 3.05 | |
| MAexp20: | 3.04 | |
| MAexp50: | 3.01 | |
| MAexp100: | 2.91 | |
| Price / MA7: | +8.21% | |
| Price / MA20: | +2.36% | |
| Price / MA50: | -13.43% | |
| Price / MA100: | -2.57% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | +0.66% | |
| Price / MAexp100: | +4.12% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis IEXEC - RLC/USD - 1H