REQUEST - REQ/USD - 1H - Technical analysis published on 07/21/2024 (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:
Bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.108964 USD
My targets
0.117690 USD (+2.81%)
0.126164 USD (+10.22%)
My analysis
A bullish trend on REQUEST NETWORK - REQ/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.108964 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.117690 USD. Then the price could move towards 0.126164 USD. Then 0.136840 USD by extension. Be careful, a return below 0.108964 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
REQUEST NETWORK - REQ/USD rating 0.114470 USD. The price registered a decrease of -0.19% on the session and was between 0.112910 USD and 0.115398 USD. This implies that the price is at +1.38% from its lowest and at -0.80% from its highest.0.112910
0.115398
0.114470
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of REQUEST NETWORK - REQ/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.098598 | 0.104966 | 0.108964 | 0.114470 | 0.115125 | 0.117690 | 0.136840 |
| Change (%) | -13.87% | -8.30% | -4.81% | - | +0.57% | +2.81% | +19.54% |
| Change | -0.015872 | -0.009504 | -0.005506 | - | +0.000655 | +0.003220 | +0.022370 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.109245 | 0.111218 | 0.112955 | 0.114928 | 0.116665 | 0.118638 | 0.120375 |
| Camarilla | 0.113673 | 0.114013 | 0.114353 | 0.114693 | 0.115033 | 0.115373 | 0.115713 |
| Woodie | 0.109128 | 0.111159 | 0.112838 | 0.114869 | 0.116548 | 0.118579 | 0.120258 |
| Fibonacci | 0.111218 | 0.112635 | 0.113510 | 0.114928 | 0.116345 | 0.117220 | 0.118638 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.092049 | 0.097784 | 0.106239 | 0.111974 | 0.120429 | 0.126164 | 0.134619 |
| Camarilla | 0.110791 | 0.112092 | 0.113392 | 0.114693 | 0.115994 | 0.117295 | 0.118595 |
| Woodie | 0.093408 | 0.098464 | 0.107598 | 0.112654 | 0.121788 | 0.126844 | 0.135978 |
| Fibonacci | 0.097784 | 0.103205 | 0.106554 | 0.111974 | 0.117395 | 0.120744 | 0.126164 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039674 | 0.071349 | 0.090286 | 0.121961 | 0.140898 | 0.172573 | 0.191510 |
| Camarilla | 0.095304 | 0.099943 | 0.104583 | 0.109222 | 0.113861 | 0.118501 | 0.123140 |
| Woodie | 0.033304 | 0.068165 | 0.083916 | 0.118777 | 0.134528 | 0.169389 | 0.185140 |
| Fibonacci | 0.071349 | 0.090683 | 0.102628 | 0.121961 | 0.141295 | 0.153240 | 0.172573 |
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): | 55.47 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.433207 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.114390 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.113118 | |
| Elder Ray (13): | 0.000517 | |
| Super Trend (3,10): | 0.115235 | |
| Zig ZAG (10): | 0.114912 | |
| VORTEX (21): | 0.9471 | |
| Stochastique (14,3,5): | 74.12 | |
| TEMA (21): | 0.114209 | |
| Williams %R (14): | -17.42 | |
| Chande Momentum Oscillator (20): | 0.000766 | |
| Repulse (5,40,3): | 0.3960 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0164 | |
| Courbe Coppock: | 0.55 |
| MA7: | 0.114212 | |
| MA20: | 0.105318 | |
| MA50: | 0.114929 | |
| MA100: | 0.122821 | |
| MAexp7: | 0.114465 | |
| MAexp20: | 0.114359 | |
| MAexp50: | 0.114169 | |
| MAexp100: | 0.113333 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | +8.69% | |
| Price / MA50: | -0.40% | |
| Price / MA100: | -6.80% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.26% | |
| Price / MAexp100: | +1.00% |
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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