DSS INC. - 1H - Technical analysis published on 02/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.551 USD
My targets
0.650 USD (+3.17%)
0.663 USD (+5.19%)
My analysis
The bullish trend is currently very strong on DSS INC.. As long as the price remains above the support at 0.551 USD, you could try to benefit from the boom. The first bullish objective is located at 0.650 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.663 USD as an objective. Crossing it would then enable buyers to target 1.158 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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Additional analysis
Quotes
DSS INC. rating 0.630 USD. On the day, this instrument gained +64.06% and was between 0.395 USD and 0.670 USD. This implies that the price is at +59.49% from its lowest and at -5.97% from its highest.0.395
0.670
0.630
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DSS INC. chart shows a strongly bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
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 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.367 | 0.414 | 0.551 | 0.630 | 0.650 | 1.158 | 1.840 |
| Change (%) | -41.75% | -34.29% | -12.54% | - | +3.17% | +83.81% | +192.06% |
| Change | -0.263 | -0.216 | -0.079 | - | +0.020 | +0.528 | +1.210 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.319 | 0.341 | 0.362 | 0.384 | 0.405 | 0.427 | 0.448 |
| Camarilla | 0.372 | 0.376 | 0.380 | 0.384 | 0.388 | 0.392 | 0.396 |
| Woodie | 0.320 | 0.341 | 0.363 | 0.384 | 0.406 | 0.427 | 0.449 |
| Fibonacci | 0.341 | 0.357 | 0.367 | 0.384 | 0.400 | 0.410 | 0.427 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.246 | 0.288 | 0.336 | 0.378 | 0.426 | 0.468 | 0.516 |
| Camarilla | 0.359 | 0.368 | 0.376 | 0.384 | 0.392 | 0.401 | 0.409 |
| Woodie | 0.249 | 0.290 | 0.339 | 0.380 | 0.429 | 0.470 | 0.519 |
| Fibonacci | 0.288 | 0.322 | 0.344 | 0.378 | 0.412 | 0.434 | 0.468 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.173 | 0.079 | 0.245 | 0.497 | 0.663 | 0.915 | 1.081 |
| Camarilla | 0.295 | 0.333 | 0.372 | 0.410 | 0.448 | 0.487 | 0.525 |
| Woodie | -0.217 | 0.058 | 0.201 | 0.476 | 0.619 | 0.894 | 1.037 |
| Fibonacci | 0.079 | 0.239 | 0.338 | 0.497 | 0.657 | 0.756 | 0.915 |
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): | 81.84 | |
| MACD (12,26,9): | 0.0270 | |
| Directional Movement: | 41.495 | |
| AROON (14): | 100.000 | |
| DEMA (21): | 0.441 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.375 | |
| Elder Ray (13): | 0.081 | |
| Super Trend (3,10): | 0.422 | |
| Zig ZAG (10): | 0.520 | |
| VORTEX (21): | 1.2290 | |
| Stochastique (14,3,5): | 86.74 | |
| TEMA (21): | 0.467 | |
| Williams %R (14): | -4.68 | |
| Chande Momentum Oscillator (20): | 0.150 | |
| Repulse (5,40,3): | 13.3080 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4110 | |
| Courbe Coppock: | 46.80 |
| MA7: | 0.402 | |
| MA20: | 0.400 | |
| MA50: | 0.539 | |
| MA100: | 0.790 | |
| MAexp7: | 0.457 | |
| MAexp20: | 0.412 | |
| MAexp50: | 0.394 | |
| MAexp100: | 0.400 | |
| Price / MA7: | +56.72% | |
| Price / MA20: | +57.50% | |
| Price / MA50: | +16.88% | |
| Price / MA100: | -20.25% | |
| Price / MAexp7: | +37.86% | |
| Price / MAexp20: | +52.91% | |
| Price / MAexp50: | +59.90% | |
| Price / MAexp100: | +57.50% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
News
The latest news and videos published on DSS INC. at the time of the analysis were as follows:
- DSS Announces Letter to Shareholders
- DSS to Present at Aegis Virtual Conference
- DSS Receives $17 Million Investment from Alset EHome International
- DSS Acquires 25.1% of Alset International Limited
- DSS Expands American Medical REIT Subsidiary with Acquisition of 21,900 Sq. Ft. Medical Office Building
This member declared not having a position on this financial instrument or a related financial instrument.
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