EBAY INC. - 1H - Technical analysis published on 03/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 50.77 USD
My targets
52.41 USD (+0.94%)
55.54 USD (+6.97%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EBAY INC.. As long as you are above the support located at 50.77 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 52.41 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 55.54 USD as an objective. Crossing it would then enable buyers to target 62.02 USD. If the support 50.77 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EBAY INC. price is 51.92 USD. On the day, this instrument lost -0.10% and was traded between 51.68 USD and 52.35 USD over the period. The price is currently at +0.46% from its lowest and -0.82% from its highest.51.68
52.35
51.92
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this EBAY INC. chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 43.62 | 48.20 | 50.77 | 51.92 | 52.41 | 55.54 | 62.02 |
| Change (%) | -15.99% | -7.16% | -2.21% | - | +0.94% | +6.97% | +19.45% |
| Change | -8.30 | -3.72 | -1.15 | - | +0.49 | +3.62 | +10.10 |
| Level | Major | Major | Intermediate | - | Major | Intermediate | 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 | 50.95 | 51.28 | 51.62 | 51.95 | 52.29 | 52.62 | 52.96 |
| Camarilla | 51.79 | 51.85 | 51.91 | 51.97 | 52.03 | 52.09 | 52.15 |
| Woodie | 50.97 | 51.28 | 51.64 | 51.95 | 52.31 | 52.62 | 52.98 |
| Fibonacci | 51.28 | 51.53 | 51.69 | 51.95 | 52.20 | 52.36 | 52.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.34 | 49.36 | 50.78 | 51.80 | 53.22 | 54.24 | 55.66 |
| Camarilla | 51.53 | 51.75 | 51.98 | 52.20 | 52.42 | 52.65 | 52.87 |
| Woodie | 48.54 | 49.46 | 50.98 | 51.90 | 53.42 | 54.34 | 55.86 |
| Fibonacci | 49.36 | 50.29 | 50.87 | 51.80 | 52.73 | 53.31 | 54.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.77 | 37.64 | 42.34 | 45.21 | 49.91 | 52.78 | 57.48 |
| Camarilla | 44.95 | 45.64 | 46.34 | 47.03 | 47.72 | 48.42 | 49.11 |
| Woodie | 35.68 | 38.10 | 43.25 | 45.67 | 50.82 | 53.24 | 58.39 |
| Fibonacci | 37.64 | 40.54 | 42.32 | 45.21 | 48.11 | 49.89 | 52.78 |
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): | 49.87 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 4.90 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 51.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 51.43 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 52.71 | |
| Zig ZAG (10): | 51.93 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 49.05 | |
| TEMA (21): | 51.94 | |
| Williams %R (14): | -54.97 | |
| Chande Momentum Oscillator (20): | 0.15 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.88 |
| MA7: | 52.00 | |
| MA20: | 49.50 | |
| MA50: | 44.92 | |
| MA100: | 42.98 | |
| MAexp7: | 51.99 | |
| MAexp20: | 51.93 | |
| MAexp50: | 51.67 | |
| MAexp100: | 50.54 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | +4.89% | |
| Price / MA50: | +15.58% | |
| Price / MA100: | +20.80% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.48% | |
| Price / MAexp100: | +2.73% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on EBAY INC. at the time of the generation of this analysis was as follows:
- eBay Inc. Reports Fourth Quarter and Full Year 2023 Results
-
Look ahead: Japan inflation; German and US consumer confidence; Puma; eBay
-
Week ahead: Consumer confidence; Core PCE; Retail sales; Ocado; Taylor Wimpey; eBay
-
Week ahead: Consumer confidence; Core PCE; Retail sales; Ocado; Taylor Wimpey; eBay
-
Week ahead: Consumer confidence; Core PCE; Retail sales; Ocado; Taylor Wimpey; eBay
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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