AEHR TEST SYSTEMS - 1H - Technical analysis published on 07/28/2021 (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:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 5.43 USD
My targets
6.31 USD (+6.59%)
6.58 USD (+11.15%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AEHR TEST SYSTEMS as long as the price remains well above 5.43 USD. The buyers' bullish objective is set at 6.31 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.58 USD. If there is any crossing, the next objective would be the resistance located at 7.15 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
5.5
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AEHR TEST SYSTEMS rating is 5.92 USD. On the day, this instrument gained +6.09% with the lowest point at 5.36 USD and the highest point at 5.98 USD. The deviation from the price is +10.45% for the low point and -1.00% for the high point.5.36
5.98
5.92
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AEHR TEST SYSTEMS:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of AEHR TEST SYSTEMS in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.40 | 4.23 | 5.43 | 5.92 | 6.58 | 7.15 | 8.09 |
| Change (%) | -42.57% | -28.55% | -8.28% | - | +11.15% | +20.78% | +36.66% |
| Change | -2.52 | -1.69 | -0.49 | - | +0.66 | +1.23 | +2.17 |
| Level | Major | Minor | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.37 | 4.70 | 5.14 | 5.47 | 5.91 | 6.24 | 6.68 |
| Camarilla | 5.37 | 5.44 | 5.51 | 5.58 | 5.65 | 5.72 | 5.79 |
| Woodie | 4.43 | 4.73 | 5.20 | 5.50 | 5.97 | 6.27 | 6.74 |
| Fibonacci | 4.70 | 4.99 | 5.18 | 5.47 | 5.76 | 5.95 | 6.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.35 | 1.94 | 4.02 | 6.31 | 8.39 | 10.68 | 12.76 |
| Camarilla | 4.90 | 5.30 | 5.70 | 6.10 | 6.50 | 6.90 | 7.30 |
| Woodie | -0.46 | 1.89 | 3.92 | 6.26 | 8.29 | 10.63 | 12.66 |
| Fibonacci | 1.94 | 3.61 | 4.64 | 6.31 | 7.98 | 9.01 | 10.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.79 | 2.02 | 2.39 | 2.62 | 2.99 | 3.22 | 3.59 |
| Camarilla | 2.60 | 2.65 | 2.71 | 2.76 | 2.82 | 2.87 | 2.93 |
| Woodie | 1.86 | 2.06 | 2.46 | 2.66 | 3.06 | 3.26 | 3.66 |
| Fibonacci | 2.02 | 2.25 | 2.39 | 2.62 | 2.85 | 2.99 | 3.22 |
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): | 47.19 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | 8.56 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 5.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.80 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 6.27 | |
| Zig ZAG (10): | 5.41 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 56.04 | |
| TEMA (21): | 5.25 | |
| Williams %R (14): | -48.82 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3000 | |
| Courbe Coppock: | 9.87 |
| MA7: | 6.08 | |
| MA20: | 4.11 | |
| MA50: | 3.14 | |
| MA100: | 2.75 | |
| MAexp7: | 5.48 | |
| MAexp20: | 5.61 | |
| MAexp50: | 5.40 | |
| MAexp100: | 4.73 | |
| Price / MA7: | -2.63% | |
| Price / MA20: | +44.04% | |
| Price / MA50: | +88.54% | |
| Price / MA100: | +115.27% | |
| Price / MAexp7: | +8.03% | |
| Price / MAexp20: | +5.53% | |
| Price / MAexp50: | +9.63% | |
| Price / MAexp100: | +25.16% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on AEHR TEST SYSTEMS at the time of the analysis were as follows:
- Aehr to Present at the LD Micro 500 Virtual Conference
-
Aehr Test Systems - AEHR Stock Chart Technical Analysis for 04-05-2019
- Investor Network: AEHR TEST SYSTEMS to Host Earnings Call
- Investor Network: AEHR TEST SYSTEMS to Host Earnings Call
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Aehr Test Systems
This member declared not having a position on this financial instrument or a related financial instrument.
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