SCWORX CORP. - 15 min. - Technical analysis published on 07/13/2021 (GMT)
- 249
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 3.31 USD
My targets
4.23 USD (+8.66%)
5.12 USD (+31.70%)
My analysis
SCWORX CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.31 USD. The next resistance located at 4.23 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 5.12 USD. After this resistance, buyers could then target 11.95 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.1
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 aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SCWORX CORP. rating 3.89 USD. The price registered an increase of +46.24% on the session with the lowest point at 3.83 USD and the highest point at 4.03 USD. The deviation from the price is +1.57% for the low point and -3.47% for the high point.3.83
4.03
3.89
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
Here is a more detailed summary of the historical variations registered by SCWORX CORP.:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 15 min. chart of SCWORX CORP. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.22 | 2.49 | 2.91 | 3.89 | 11.95 | 21.47 | 30.78 |
| Change (%) | -42.93% | -35.99% | -25.19% | - | +207.20% | +451.93% | +691.26% |
| Change | -1.67 | -1.40 | -0.98 | - | +8.06 | +17.58 | +26.89 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 | 0.08 | 0.87 | 1.76 | 2.55 | 3.44 | 4.23 | 5.12 |
| Camarilla | 2.20 | 2.35 | 2.51 | 2.66 | 2.81 | 2.97 | 3.12 |
| Woodie | 0.14 | 0.90 | 1.82 | 2.58 | 3.50 | 4.26 | 5.18 |
| Fibonacci | 0.87 | 1.51 | 1.91 | 2.55 | 3.19 | 3.59 | 4.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.26 | 1.36 | 1.51 | 1.61 | 1.76 | 1.86 | 2.01 |
| Camarilla | 1.60 | 1.62 | 1.65 | 1.67 | 1.69 | 1.72 | 1.74 |
| Woodie | 1.30 | 1.37 | 1.55 | 1.62 | 1.80 | 1.87 | 2.05 |
| Fibonacci | 1.36 | 1.45 | 1.51 | 1.61 | 1.70 | 1.76 | 1.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.34 | 0.92 | 1.33 | 1.91 | 2.32 | 2.90 | 3.31 |
| Camarilla | 1.47 | 1.56 | 1.65 | 1.74 | 1.83 | 1.92 | 2.01 |
| Woodie | 0.26 | 0.88 | 1.25 | 1.87 | 2.24 | 2.86 | 3.23 |
| Fibonacci | 0.92 | 1.30 | 1.53 | 1.91 | 2.29 | 2.52 | 2.90 |
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): | 59.58 | |
| MACD (12,26,9): | 0.2600 | |
| Directional Movement: | 22.63 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 2.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.33 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 2.35 | |
| Zig ZAG (10): | 2.63 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 53.63 | |
| TEMA (21): | 2.86 | |
| Williams %R (14): | -50.23 | |
| Chande Momentum Oscillator (20): | 0.57 | |
| Repulse (5,40,3): | -9.5200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.7000 | |
| Courbe Coppock: | 74.07 |
| MA7: | 1.79 | |
| MA20: | 1.72 | |
| MA50: | 1.64 | |
| MA100: | 1.79 | |
| MAexp7: | 2.69 | |
| MAexp20: | 2.41 | |
| MAexp50: | 2.07 | |
| MAexp100: | 1.88 | |
| Price / MA7: | +117.32% | |
| Price / MA20: | +126.16% | |
| Price / MA50: | +137.20% | |
| Price / MA100: | +117.32% | |
| Price / MAexp7: | +44.61% | |
| Price / MAexp20: | +61.41% | |
| Price / MAexp50: | +87.92% | |
| Price / MAexp100: | +106.91% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on SCWORX CORP. at the time of the analysis were as follows:
- SCWorx Confirms Plans for Distribution of COVID-19 Rapid Testing Units
- SCWorx To Host Business Update Conference Call Wednesday, April 15, 2020 at 11am Eastern Time
- SCWorx Announces First Installment of Purchase Order For 48 Million COVID-19 Rapid Testing Units Over Twenty-Four Weeks at $35 Million Dollars Per Week
- SCWorx Announces an Annual Data Management Contract with a Leading Cancer Research Institute
- SCWorx Subsidiary Direct Worx Sources One Million Surgical Masks for Existing Large Hospital Customer to Help Maintain Safety for Healthcare Providers Treating Patients Affected By COVID-19 Pandemic
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis SCWORX CORP. - 15 min.