ZW DATA ACTION TECHNOLOGIES

ZW DATA ACTION TECHNOLOGIES

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CNET
ISIN:

ZW DATA ACTION TECHNOLOGIES - 1H - Technical analysis published on 01/19/2021 (GMT)

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Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

28%

28%

44%

My opinion

Bullish above 2.19 USD

My targets

2.64 USD (+8.64%)

2.66 USD (+9.47%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 2.19 USD remains possible. It is advisable to trade ZW DATA ACTION TECHNOLOGIES with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.19 USD. The next bullish objective for buyers is set at 2.64 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.66 USD. If there is any crossing, the next objective would be the resistance located at 3.09 USD. PS: if there is a bearish break in the support located at 2.19 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

0

10

2.5

Comment on the analysis

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 osborncomp. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ZW DATA ACTION TECHNOLOGIES rating 2.43 USD. The price registered a decrease of -3.95% on the session and was traded between 2.35 USD and 2.50 USD over the period. The price is currently at +3.40% from its lowest and -2.80% from its highest.

2.35

2.50

2.43

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 ZW DATA ACTION TECHNOLOGIES:

Abnormal volumes on ZW DATA ACTION TECHNOLOGIES were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of ZW DATA ACTION TECHNOLOGIES indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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	1.04	1.57	2.19	2.43	2.66	3.09	3.48
Change (%)	-57.20%	-35.39%	-9.88%	-	+9.47%	+27.16%	+43.21%
Change	-1.39	-0.86	-0.24	-	+0.23	+0.66	+1.05
Level	Major	Major	Major	-	Minor	Major	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	2.17	2.26	2.39	2.48	2.61	2.70	2.83
Camarilla	2.47	2.49	2.51	2.53	2.55	2.57	2.59
Woodie	2.20	2.27	2.42	2.49	2.64	2.71	2.86
Fibonacci	2.26	2.34	2.39	2.48	2.56	2.61	2.70

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.80	1.45	1.99	2.64	3.18	3.83	4.37
Camarilla	2.20	2.31	2.42	2.53	2.64	2.75	2.86
Woodie	0.75	1.42	1.94	2.61	3.13	3.80	4.32
Fibonacci	1.45	1.91	2.19	2.64	3.10	3.38	3.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-1.34	-0.07	0.64	1.91	2.62	3.89	4.60
Camarilla	0.81	0.99	1.17	1.35	1.53	1.71	1.89
Woodie	-1.62	-0.21	0.36	1.77	2.34	3.75	4.32
Fibonacci	-0.07	0.69	1.15	1.91	2.67	3.13	3.89

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):	52.80
MACD (12,26,9):	0.0300
Directional Movement:	11.99
AROON (14):	7.14
DEMA (21):	2.54
Parabolic SAR (0,02-0,02-0,2):	2.73
Elder Ray (13):	0.03
Super Trend (3,10):	2.30
Zig ZAG (10):	2.53
VORTEX (21):	0.8600
Stochastique (14,3,5):	22.65
TEMA (21):	2.48
Williams %R (14):	-77.59
Chande Momentum Oscillator (20):	-0.19
Repulse (5,40,3):	4.1900
ROCnROLL:	-1
TRIX (15,9):	0.1400
Courbe Coppock:	7.39

MA7:	2.55
MA20:	1.73
MA50:	1.58
MA100:	1.49
MAexp7:	2.47
MAexp20:	2.49
MAexp50:	2.34
MAexp100:	2.08
Price / MA7:	-4.71%
Price / MA20:	+40.46%
Price / MA50:	+53.80%
Price / MA100:	+63.09%
Price / MAexp7:	-1.62%
Price / MAexp20:	-2.41%
Price / MAexp50:	+3.85%
Price / MAexp100:	+16.83%

Quotes : 2021-01-19 15:50:23 - 15 min delayed data - NASDAQ Stocks

News

Don"t forget to follow the news on ZW DATA ACTION TECHNOLOGIES. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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