EBAY INC. - 1H - Technical analysis published on 11/04/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 61.42 USD
My targets
57.51 USD (-4.12%)
56.33 USD (-6.09%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 61.42 USD remains possible. It is advisable to trade EBAY INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 61.42 USD. The next bearish objective for sellers is set at 57.51 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 56.33 USD. In case of crossing, the next objective would be the support located at 55.19 USD. PS: if there is a bullish break in the resistance located at 61.42 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.8
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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 59.98 USD. The price has increased by +3.22% since the last closing and was between 58.05 USD and 60.04 USD. This implies that the price is at +3.32% from its lowest and at -0.10% from its highest.58.05
60.04
59.98
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EBAY INC. chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
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 | 55.19 | 56.33 | 57.51 | 59.98 | 61.42 | 63.27 | 64.51 |
Change (%) | -7.99% | -6.09% | -4.12% | - | +2.40% | +5.49% | +7.55% |
Change | -4.79 | -3.65 | -2.47 | - | +1.44 | +3.29 | +4.53 |
Level | Minor | Intermediate | Minor | - | Intermediate | 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 | 56.89 | 57.22 | 57.66 | 57.99 | 58.43 | 58.76 | 59.20 |
Camarilla | 57.90 | 57.97 | 58.04 | 58.11 | 58.18 | 58.25 | 58.32 |
Woodie | 56.96 | 57.25 | 57.73 | 58.02 | 58.50 | 58.79 | 59.27 |
Fibonacci | 57.22 | 57.51 | 57.69 | 57.99 | 58.28 | 58.46 | 58.76 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 47.93 | 52.13 | 55.12 | 59.32 | 62.31 | 66.51 | 69.50 |
Camarilla | 56.13 | 56.79 | 57.45 | 58.11 | 58.77 | 59.43 | 60.09 |
Woodie | 47.33 | 51.83 | 54.52 | 59.02 | 61.71 | 66.21 | 68.90 |
Fibonacci | 52.13 | 54.88 | 56.57 | 59.32 | 62.07 | 63.76 | 66.51 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 41.82 | 49.08 | 53.29 | 60.55 | 64.76 | 72.02 | 76.23 |
Camarilla | 54.36 | 55.41 | 56.46 | 57.51 | 58.56 | 59.61 | 60.66 |
Woodie | 40.31 | 48.32 | 51.78 | 59.79 | 63.25 | 71.26 | 74.72 |
Fibonacci | 49.08 | 53.46 | 56.17 | 60.55 | 64.93 | 67.64 | 72.02 |
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): | 50.62 | |
MACD (12,26,9): | -0.4900 | |
Directional Movement: | -2.32 | |
AROON (14): | 71.42 | |
DEMA (21): | 58.43 | |
Parabolic SAR (0,02-0,02-0,2): | 60.91 | |
Elder Ray (13): | 0.60 | |
Super Trend (3,10): | 57.97 | |
Zig ZAG (10): | 59.69 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 88.62 | |
TEMA (21): | 58.84 | |
Williams %R (14): | -10.77 | |
Chande Momentum Oscillator (20): | 2.18 | |
Repulse (5,40,3): | 0.6800 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.2300 | |
Courbe Coppock: | 3.80 |
MA7: | 60.98 | |
MA20: | 63.96 | |
MA50: | 62.98 | |
MA100: | 58.69 | |
MAexp7: | 59.32 | |
MAexp20: | 59.31 | |
MAexp50: | 60.77 | |
MAexp100: | 62.30 | |
Price / MA7: | -1.64% | |
Price / MA20: | -6.22% | |
Price / MA50: | -4.76% | |
Price / MA100: | +2.20% | |
Price / MAexp7: | +1.11% | |
Price / MAexp20: | +1.13% | |
Price / MAexp50: | -1.30% | |
Price / MAexp100: | -3.72% |
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 Third Quarter 2024 Results
- eBay Dropping Rare Basketball Trading Cards in 24-Hour Auction Series
- eBay and McLaren Formula 1 Team Unveil Custom American Muscle Car at US Grand Prix
- eBay expands Circular Fashion Fund to start-ups, delivering $1.2 million investment by the end of 2025
- Watch Business Live: eBay selling fees are scrapped to boost to reselling
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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