MERCURITY FINTECH HOLDING - 1H - Technical analysis published on 03/24/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
39%
17%
44%
My opinion
Bullish above 2.56 USD
My targets
2.75 USD (+2.61%)
2.81 USD (+4.74%)
My analysis
The strong short-term increase in MERCURITY FINTECH HOLDING calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 2.56 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 2.75 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.81 USD as an objective. Crossing it would then enable buyers to target 3.01 USD. Caution, a return under 2.56 USD could jeopardize the reversal.
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
1.4
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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 MERCURITY FINTECH HOLDING price is 2.68 USD. The price has increased by +27.62% since the last closing with the lowest point at 2.61 USD and the highest point at 3.06 USD. The deviation from the price is +2.68% for the low point and -12.42% for the high point.2.61
3.06
2.68
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of MERCURITY FINTECH HOLDING in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.79 | 2.17 | 2.54 | 2.68 | 2.75 | 3.01 | 3.49 |
| Change (%) | -33.21% | -19.03% | -5.22% | - | +2.61% | +12.31% | +30.22% |
| Change | -0.89 | -0.51 | -0.14 | - | +0.07 | +0.33 | +0.81 |
| Level | Minor | Intermediate | Minor | - | Intermediate | 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 | 1.68 | 1.84 | 1.97 | 2.13 | 2.26 | 2.42 | 2.55 |
| Camarilla | 2.02 | 2.05 | 2.07 | 2.10 | 2.13 | 2.15 | 2.18 |
| Woodie | 1.67 | 1.83 | 1.96 | 2.12 | 2.25 | 2.41 | 2.54 |
| Fibonacci | 1.84 | 1.95 | 2.02 | 2.13 | 2.24 | 2.31 | 2.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.64 | 1.13 | 1.60 | 2.09 | 2.56 | 3.05 | 3.52 |
| Camarilla | 1.81 | 1.89 | 1.98 | 2.07 | 2.16 | 2.25 | 2.33 |
| Woodie | 0.63 | 1.13 | 1.59 | 2.09 | 2.55 | 3.05 | 3.51 |
| Fibonacci | 1.13 | 1.50 | 1.72 | 2.09 | 2.46 | 2.68 | 3.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.47 | 1.41 | 1.87 | 2.81 | 3.27 | 4.21 | 4.67 |
| Camarilla | 1.96 | 2.08 | 2.21 | 2.34 | 2.47 | 2.60 | 2.73 |
| Woodie | 0.24 | 1.29 | 1.64 | 2.69 | 3.04 | 4.09 | 4.44 |
| Fibonacci | 1.41 | 1.94 | 2.27 | 2.81 | 3.34 | 3.67 | 4.21 |
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): | 52.30 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.71 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 2.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.25 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.25 | |
| Zig ZAG (10): | 2.10 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 23.33 | |
| TEMA (21): | 2.10 | |
| Williams %R (14): | -63.33 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 2.2400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.15 |
| MA7: | 2.04 | |
| MA20: | 2.33 | |
| MA50: | 2.69 | |
| MA100: | 2.98 | |
| MAexp7: | 2.08 | |
| MAexp20: | 2.07 | |
| MAexp50: | 2.11 | |
| MAexp100: | 2.24 | |
| Price / MA7: | +31.37% | |
| Price / MA20: | +15.02% | |
| Price / MA50: | -0.37% | |
| Price / MA100: | -10.07% | |
| Price / MAexp7: | +28.85% | |
| Price / MAexp20: | +29.47% | |
| Price / MAexp50: | +27.01% | |
| Price / MAexp100: | +19.64% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on MERCURITY FINTECH HOLDING. At the time of publication of this analysis, the latest news was as follows:
- JMU Limited Announces Director Resignation
- JMU Limited Announces Listing Transfer to The Nasdaq Capital Market
- JMU Limited Announces Changes to the Board of Directors
- JMU Limited Reports Unaudited Third Quarter of Fiscal Year 2019 Financial Results
-
JMU Limited - JMU Stock Chart Technical Analysis for 10-15-2019
This member declared not having a position on this financial instrument or a related financial instrument.
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