ALLSPRING INC. OPPORTUNITIES FUND
EAD
5.73 USD (-2.88%)
03/31/2025 - 09:47 Open 15 min delayed data - NYSE MKT Stocks
Open: 5.85
Change: -0.17
Volume: 91,703
Low: 5.61
High: 5.86
High / Low range: 0.25
Type: ETF
Ticker: EAD
ISIN:

ALLSPRING INC. OPPORTUNITIES FUND - 1H - Technical analysis published on 11/13/2024 (GMT)

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  • 11/13/2024 - 19:10
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  • Timeframe : 1H
  • - Analysis generated on 11/13/2024 - 19:10
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 6.88 USD
My targets
6.78 USD (-0.88%)
6.70 USD (-2.05%)
My analysis
The basic trend is currently slightly bearish on ALLSPRING INC. OPPORTUNITIES FUND and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 6.88 USD, sales could be favoured. The first bearish objective would be located at 6.78 USD. Sellers would then use the next support located at 6.70 USD as an objective. Crossing it would then enable sellers to target 6.55 USD. A return to above the resistance at 6.88 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.2

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ALLSPRING INC. OPPORTUNITIES FUND rating 6.84 USD. The price is lower by -0.44% since the last closing with the lowest point at 6.80 USD and the highest point at 6.89 USD. The deviation from the price is +0.59% for the low point and -0.73% for the high point.

6.80
6.89
6.84

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

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:
Created with Raphaël 2.3.0-25-12.5012.525January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ALLSPRING INC. OPPORTUNITIES FUND in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.70 6.78 6.82 6.84 6.85 6.88 6.92
Change (%) -2.05% -0.88% -0.29% - +0.15% +0.58% +1.17%
Change -0.14 -0.06 -0.02 - +0.01 +0.04 +0.08
Level Intermediate Major Minor - Minor Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.746.796.836.886.926.977.01
Camarilla6.856.856.866.876.886.896.90
Woodie6.746.796.836.886.926.977.01
Fibonacci6.796.826.856.886.916.946.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.626.696.846.917.067.137.28
Camarilla6.926.946.966.987.007.027.04
Woodie6.656.716.876.937.097.157.31
Fibonacci6.696.786.836.917.007.057.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.196.456.616.877.037.297.45
Camarilla6.676.706.746.786.826.866.90
Woodie6.156.436.576.856.997.277.41
Fibonacci6.456.616.716.877.037.137.29

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell13
Moving averages
Created with Raphaël 2.3.0Sell16

RSI (14): 36.19
MACD (12,26,9): -0.0200
Directional Movement: -18.32
AROON (14): -85.71
DEMA (21): 6.85
Parabolic SAR (0,02-0,02-0,2): 6.86
Elder Ray (13): -0.05
Super Trend (3,10): 6.89
Zig ZAG (10): 6.82
VORTEX (21): 0.6700
Stochastique (14,3,5): 6.84
TEMA (21): 6.81
Williams %R (14): -90.62
Chande Momentum Oscillator (20): -0.13
Repulse (5,40,3): -0.3700
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 3.63
MA7: 6.88
MA20: 6.84
MA50: 6.92
MA100: 6.80
MAexp7: 6.83
MAexp20: 6.87
MAexp50: 6.87
MAexp100: 6.87
Price / MA7: -0.58%
Price / MA20: -0%
Price / MA50: -1.16%
Price / MA100: +0.59%
Price / MAexp7: +0.15%
Price / MAexp20: -0.44%
Price / MAexp50: -0.44%
Price / MAexp100: -0.44%

Quotes : 11/13/2024 - 18:54 - 15 min delayed data - NYSE MKT Stocks

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

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