EBAY INC. - 1H - Technical analysis published on 08/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 56.52 USD
My targets
57.68 USD (+1.35%)
61.71 USD (+8.43%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EBAY INC. as long as the price remains well above 56.52 USD. The buyers' bullish objective is set at 57.68 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 61.71 USD. If there is any crossing, the next objective would be the resistance located at 64.81 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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:
Additional analysis
Quotes
The EBAY INC. rating is 56.91 USD. The price has increased by +2.54% since the last closing and was traded between 55.29 USD and 56.94 USD over the period. The price is currently at +2.93% from its lowest and -0.05% from its highest.55.29
56.94
56.91
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EBAY INC. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 55.25 | 55.69 | 56.52 | 56.91 | 57.18 | 57.68 | 61.71 |
| Change (%) | -2.92% | -2.14% | -0.69% | - | +0.47% | +1.35% | +8.43% |
| Change | -1.66 | -1.22 | -0.39 | - | +0.27 | +0.77 | +4.80 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Minor |
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 | 53.67 | 54.23 | 54.87 | 55.43 | 56.07 | 56.63 | 57.27 |
| Camarilla | 55.17 | 55.28 | 55.39 | 55.50 | 55.61 | 55.72 | 55.83 |
| Woodie | 53.70 | 54.25 | 54.90 | 55.45 | 56.10 | 56.65 | 57.30 |
| Fibonacci | 54.23 | 54.69 | 54.98 | 55.43 | 55.89 | 56.18 | 56.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.09 | 53.45 | 54.47 | 55.83 | 56.85 | 58.21 | 59.23 |
| Camarilla | 54.85 | 55.06 | 55.28 | 55.50 | 55.72 | 55.94 | 56.16 |
| Woodie | 51.93 | 53.37 | 54.31 | 55.75 | 56.69 | 58.13 | 59.07 |
| Fibonacci | 53.45 | 54.36 | 54.92 | 55.83 | 56.74 | 57.30 | 58.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.31 | 50.67 | 53.14 | 54.50 | 56.97 | 58.33 | 60.80 |
| Camarilla | 54.56 | 54.91 | 55.26 | 55.61 | 55.96 | 56.31 | 56.66 |
| Woodie | 49.87 | 50.95 | 53.70 | 54.78 | 57.53 | 58.61 | 61.36 |
| Fibonacci | 50.67 | 52.13 | 53.04 | 54.50 | 55.96 | 56.87 | 58.33 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 61.92 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 4.28 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 56.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.02 | |
| Elder Ray (13): | 0.68 | |
| Super Trend (3,10): | 55.70 | |
| Zig ZAG (10): | 56.88 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 96.26 | |
| TEMA (21): | 56.38 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 1.09 | |
| Repulse (5,40,3): | 1.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.86 |
| MA7: | 56.01 | |
| MA20: | 55.29 | |
| MA50: | 54.24 | |
| MA100: | 52.86 | |
| MAexp7: | 56.41 | |
| MAexp20: | 56.13 | |
| MAexp50: | 56.00 | |
| MAexp100: | 55.70 | |
| Price / MA7: | +1.61% | |
| Price / MA20: | +2.93% | |
| Price / MA50: | +4.92% | |
| Price / MA100: | +7.66% | |
| Price / MAexp7: | +0.89% | |
| Price / MAexp20: | +1.39% | |
| Price / MAexp50: | +1.63% | |
| Price / MAexp100: | +2.17% |
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 Second Quarter 2024 Results
- eBay Seller Capital and Liberis Partner to Accelerate Small Business Growth
- Elton John Partners with eBay to Release a Personal Collection of Pre-loved Fashion in Support of Elton John AIDS Foundation
- Collectors and eBay Transactions Close, Summer Launch Expected for Integrated, End-to-End Hobby Experience
- eBay Announces Inaugural 'Recommerce Day' to Celebrate Pre-Loved Shopping
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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