FASTNED - 1H - Technical analysis published on 09/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 28.58 EUR
My targets
29.52 EUR (+0.89%)
30.09 EUR (+2.84%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on FASTNED as long as the price remains well above 28.58 EUR. The buyers' bullish objective is set at 29.52 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 30.09 EUR. If there is any crossing, the next objective would be the resistance located at 31.35 EUR.
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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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FASTNED price is 29.26 EUR. The price has increased by +2.31% since the last closing and was between 28.26 EUR and 29.30 EUR. This implies that the price is at +3.54% from its lowest and at -0.14% from its highest.28.26
29.30
29.26
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FASTNED chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
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 : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 25.18 | 27.82 | 28.58 | 29.26 | 29.52 | 30.09 | 31.35 |
| Change (%) | -13.94% | -4.92% | -2.32% | - | +0.89% | +2.84% | +7.14% |
| Change | -4.08 | -1.44 | -0.68 | - | +0.26 | +0.83 | +2.09 |
| Level | Intermediate | Intermediate | Minor | - | Major | 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 | 26.18 | 26.84 | 27.72 | 28.38 | 29.26 | 29.92 | 30.80 |
| Camarilla | 28.18 | 28.32 | 28.46 | 28.60 | 28.74 | 28.88 | 29.02 |
| Woodie | 26.29 | 26.90 | 27.83 | 28.44 | 29.37 | 29.98 | 30.91 |
| Fibonacci | 26.84 | 27.43 | 27.79 | 28.38 | 28.97 | 29.33 | 29.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.50 | 27.14 | 28.02 | 29.66 | 30.54 | 32.18 | 33.06 |
| Camarilla | 28.21 | 28.44 | 28.67 | 28.90 | 29.13 | 29.36 | 29.59 |
| Woodie | 25.12 | 26.95 | 27.64 | 29.47 | 30.16 | 31.99 | 32.68 |
| Fibonacci | 27.14 | 28.10 | 28.70 | 29.66 | 30.62 | 31.22 | 32.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.73 | 20.29 | 25.37 | 31.93 | 37.01 | 43.57 | 48.65 |
| Camarilla | 27.24 | 28.31 | 29.37 | 30.44 | 31.51 | 32.57 | 33.64 |
| Woodie | 12.98 | 19.92 | 24.62 | 31.56 | 36.26 | 43.20 | 47.90 |
| Fibonacci | 20.29 | 24.74 | 27.49 | 31.93 | 36.38 | 39.13 | 43.57 |
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): | 62.79 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 27.09 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 28.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.22 | |
| Elder Ray (13): | 0.41 | |
| Super Trend (3,10): | 28.35 | |
| Zig ZAG (10): | 29.26 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 95.88 | |
| TEMA (21): | 29.18 | |
| Williams %R (14): | -2.35 | |
| Chande Momentum Oscillator (20): | 1.52 | |
| Repulse (5,40,3): | 1.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 8.91 |
| MA7: | 28.93 | |
| MA20: | 29.34 | |
| MA50: | 29.52 | |
| MA100: | 28.45 | |
| MAexp7: | 29.01 | |
| MAexp20: | 28.65 | |
| MAexp50: | 28.78 | |
| MAexp100: | 29.15 | |
| Price / MA7: | +1.14% | |
| Price / MA20: | -0.27% | |
| Price / MA50: | -0.88% | |
| Price / MA100: | +2.85% | |
| Price / MAexp7: | +0.86% | |
| Price / MAexp20: | +2.13% | |
| Price / MAexp50: | +1.67% | |
| Price / MAexp100: | +0.38% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
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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