SCWORX CORP. - Daily - Technical analysis published on 07/22/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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:
Bullish
Underlying:
Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 1.96 USD
My targets
2.32 USD (+8.41%)
2.41 USD (+12.62%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on SCWORX CORP. as long as the price remains well above 1.96 USD. The buyers' bullish objective is set at 2.32 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.41 USD. If there is any crossing, the next objective would be the resistance located at 2.91 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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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 SCWORX CORP. price is 2.14 USD. On the day, this instrument gained +1.91% and was between 2.04 USD and 2.14 USD. This implies that the price is at +4.90% from its lowest and at 0% from its highest.2.04
2.14
2.14
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of SCWORX CORP. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.69 | 1.96 | 2.13 | 2.14 | 2.41 | 2.91 | 3.18 |
| Change (%) | -21.03% | -8.41% | -0.47% | - | +12.62% | +35.98% | +48.60% |
| Change | -0.45 | -0.18 | -0.01 | - | +0.27 | +0.77 | +1.04 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | 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 | 1.40 | 1.73 | 1.92 | 2.25 | 2.44 | 2.77 | 2.96 |
| Camarilla | 1.96 | 2.01 | 2.05 | 2.10 | 2.15 | 2.20 | 2.24 |
| Woodie | 1.32 | 1.70 | 1.84 | 2.22 | 2.36 | 2.74 | 2.88 |
| Fibonacci | 1.73 | 1.93 | 2.06 | 2.25 | 2.45 | 2.58 | 2.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.87 | -0.11 | 1.28 | 3.04 | 4.43 | 6.19 | 7.58 |
| Camarilla | 1.80 | 2.09 | 2.38 | 2.67 | 2.96 | 3.25 | 3.54 |
| Woodie | -2.06 | -0.20 | 1.10 | 2.95 | 4.25 | 6.10 | 7.40 |
| Fibonacci | -0.11 | 1.09 | 1.84 | 3.04 | 4.24 | 4.99 | 6.19 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.68 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 21.14 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 2.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.80 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 3.68 | |
| Zig ZAG (10): | 2.10 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 27.56 | |
| TEMA (21): | 2.54 | |
| Williams %R (14): | -80.60 | |
| Chande Momentum Oscillator (20): | 0.43 | |
| Repulse (5,40,3): | -17.3900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.4400 | |
| Courbe Coppock: | 96.12 |
| MA7: | 2.58 | |
| MA20: | 2.03 | |
| MA50: | 1.79 | |
| MA100: | 1.80 | |
| MAexp7: | 2.37 | |
| MAexp20: | 2.15 | |
| MAexp50: | 1.93 | |
| MAexp100: | 1.86 | |
| Price / MA7: | -17.05% | |
| Price / MA20: | +5.42% | |
| Price / MA50: | +19.55% | |
| Price / MA100: | +18.89% | |
| Price / MAexp7: | -9.70% | |
| Price / MAexp20: | -0.47% | |
| Price / MAexp50: | +10.88% | |
| Price / MAexp100: | +15.05% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on SCWORX CORP.. At the time of publication of this analysis, the latest news was 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
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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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