HELLO GROUP INC. ADS - Daily - Technical analysis published on 12/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Neutral between 34.15 USD and 36.59 USD
My targets
-
My analysis
The short-term decline on MOMO INC. ADS remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 34.15 USD. The first resistance is located at 36.59 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MOMO INC. ADS rating 35.79 USD. On the day, this instrument lost -1.05% with the lowest point at 35.47 USD and the highest point at 36.32 USD. The deviation from the price is +0.90% for the low point and -1.46% for the high point.35.47
36.32
35.79
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MOMO INC. ADS in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
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 | 26.02 | 29.31 | 31.02 | 35.79 | 36.59 | 39.16 | 40.81 |
| Change (%) | -27.30% | -18.11% | -13.33% | - | +2.24% | +9.42% | +14.03% |
| Change | -9.77 | -6.48 | -4.77 | - | +0.80 | +3.37 | +5.02 |
| Level | Minor | Minor | Major | - | Major | Minor | Intermediate |
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 | 34.92 | 35.32 | 35.74 | 36.14 | 36.56 | 36.96 | 37.38 |
| Camarilla | 35.95 | 36.02 | 36.10 | 36.17 | 36.25 | 36.32 | 36.40 |
| Woodie | 34.94 | 35.33 | 35.76 | 36.15 | 36.58 | 36.97 | 37.40 |
| Fibonacci | 35.32 | 35.63 | 35.82 | 36.14 | 36.45 | 36.64 | 36.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.61 | 35.47 | 36.38 | 37.24 | 38.15 | 39.01 | 39.92 |
| Camarilla | 36.81 | 36.98 | 37.14 | 37.30 | 37.46 | 37.62 | 37.79 |
| Woodie | 34.65 | 35.48 | 36.42 | 37.25 | 38.19 | 39.02 | 39.96 |
| Fibonacci | 35.47 | 36.14 | 36.56 | 37.24 | 37.91 | 38.33 | 39.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.11 | 30.87 | 34.15 | 36.91 | 40.19 | 42.95 | 46.23 |
| Camarilla | 35.77 | 36.32 | 36.88 | 37.43 | 37.98 | 38.54 | 39.09 |
| Woodie | 28.37 | 31.00 | 34.41 | 37.04 | 40.45 | 43.08 | 46.49 |
| Fibonacci | 30.87 | 33.18 | 34.60 | 36.91 | 39.22 | 40.64 | 42.95 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.02 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | -10.80 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 37.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.74 | |
| Elder Ray (13): | -0.86 | |
| Super Trend (3,10): | 34.63 | |
| Zig ZAG (10): | 35.79 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 34.82 | |
| TEMA (21): | 36.52 | |
| Williams %R (14): | -69.31 | |
| Chande Momentum Oscillator (20): | -1.31 | |
| Repulse (5,40,3): | -2.6100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 5.72 |
| MA7: | 36.61 | |
| MA20: | 37.14 | |
| MA50: | 35.71 | |
| MA100: | 34.69 | |
| MAexp7: | 36.49 | |
| MAexp20: | 36.77 | |
| MAexp50: | 36.07 | |
| MAexp100: | 35.11 | |
| Price / MA7: | -2.24% | |
| Price / MA20: | -3.63% | |
| Price / MA50: | +0.22% | |
| Price / MA100: | +3.17% | |
| Price / MAexp7: | -1.92% | |
| Price / MAexp20: | -2.67% | |
| Price / MAexp50: | -0.78% | |
| Price / MAexp100: | +1.94% |
News
Don"t forget to follow the news on MOMO INC. ADS. At the time of publication of this analysis, the latest news was as follows:
- Momo Announces Unaudited Financial Results for the Third Quarter of 2019
- Momo to Report Third Quarter 2019 Results on November 26, 2019
- Momo Announces Unaudited Financial Results for the Second Quarter of 2019
- Momo to Report Second Quarter 2019 Results on August 27, 2019
- Hagens Berman Reminds Momo Inc. (MOMO) Investors of Lead Plaintiff Deadline, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm
This member declared not having a position on this financial instrument or a related financial instrument.
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