NEXO - NEXO/USD - 1H - Technical analysis published on 07/18/2023 (GMT)
- 144
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
39%
11%
50%
My opinion
Neutral between 0.608878 USD and 0.625000 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on NEXO - NEXO/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 0.608878 USD. The first resistance is located at 0.625000 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 NEXO - NEXO/USD rating is 0.620000 USD. On the day, this instrument lost -0.06% with the lowest point at 0.602000 USD and the highest point at 0.626800 USD. The deviation from the price is +2.99% for the low point and -1.08% for the high point.0.602000
0.626800
0.620000
Here is a more detailed summary of the historical variations registered by NEXO - NEXO/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NEXO - NEXO/USD chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD 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 support of triangle
Type : Bullish
Timeframe : 1 hour
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 | 0.602500 | 0.608878 | 0.617455 | 0.620000 | 0.625000 | 0.645300 | 0.656000 |
| Change (%) | -2.82% | -1.79% | -0.41% | - | +0.81% | +4.08% | +5.81% |
| Change | -0.017500 | -0.011122 | -0.002545 | - | +0.005000 | +0.025300 | +0.036000 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | 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 | 0.573933 | 0.591267 | 0.605833 | 0.623167 | 0.637733 | 0.655067 | 0.669633 |
| Camarilla | 0.611628 | 0.614552 | 0.617476 | 0.620400 | 0.623324 | 0.626248 | 0.629173 |
| Woodie | 0.572550 | 0.590575 | 0.604450 | 0.622475 | 0.636350 | 0.654375 | 0.668250 |
| Fibonacci | 0.591267 | 0.603453 | 0.610981 | 0.623167 | 0.635353 | 0.642881 | 0.655067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.506300 | 0.555700 | 0.588400 | 0.637800 | 0.670500 | 0.719900 | 0.752600 |
| Camarilla | 0.598523 | 0.606048 | 0.613574 | 0.621100 | 0.628626 | 0.636152 | 0.643678 |
| Woodie | 0.497950 | 0.551525 | 0.580050 | 0.633625 | 0.662150 | 0.715725 | 0.744250 |
| Fibonacci | 0.555700 | 0.587062 | 0.606438 | 0.637800 | 0.669162 | 0.688538 | 0.719900 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.409967 | 0.473633 | 0.559667 | 0.623333 | 0.709367 | 0.773033 | 0.859067 |
| Camarilla | 0.604533 | 0.618255 | 0.631978 | 0.645700 | 0.659423 | 0.673145 | 0.686868 |
| Woodie | 0.421150 | 0.479225 | 0.570850 | 0.628925 | 0.720550 | 0.778625 | 0.870250 |
| Fibonacci | 0.473633 | 0.530819 | 0.566148 | 0.623333 | 0.680519 | 0.715848 | 0.773033 |
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): | 52.15 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -2.255338 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.619309 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.609003 | |
| Elder Ray (13): | 0.001155 | |
| Super Trend (3,10): | 0.633507 | |
| Zig ZAG (10): | 0.622600 | |
| VORTEX (21): | 0.9574 | |
| Stochastique (14,3,5): | 72.22 | |
| TEMA (21): | 0.619332 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.001900 | |
| Repulse (5,40,3): | -0.7625 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0168 | |
| Courbe Coppock: | 0.07 |
| MA7: | 0.628329 | |
| MA20: | 0.629425 | |
| MA50: | 0.632924 | |
| MA100: | 0.658343 | |
| MAexp7: | 0.621230 | |
| MAexp20: | 0.619831 | |
| MAexp50: | 0.621289 | |
| MAexp100: | 0.623345 | |
| Price / MA7: | -1.33% | |
| Price / MA20: | -1.50% | |
| Price / MA50: | -2.04% | |
| Price / MA100: | -5.82% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | -0.21% | |
| Price / MAexp100: | -0.54% |
Quotes :
-
Real time data
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Cryptocompare
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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