AIRBNB INC. - Weekly - Technical analysis published on 11/17/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 117.69 USD
My targets
89.08 USD (-11.04%)
My analysis
The bearish basic trend is very strong on AIRBNB INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 117.69 USD. Crossing the first support at 89.08 USD would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 117.69 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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 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
6.6
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This analysis was given by ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AIRBNB INC. rating is 100.14 USD. The price registered a decrease of -2.21% over 5 days and has been traded over the last 5 days between 99.89 USD and 111.24 USD. This implies that the 5 day price is +0.25% from its lowest point and -9.97% from its highest point.99.89
111.24
100.14
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Weekly of this AIRBNB INC. chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Weekly
In fact, 10 technical indicators on 18 studied are currently bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Weekly
Support of channel is broken
Type : Bearish
Timeframe : Weekly
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : Weekly
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 89.08 | 100.14 | 101.75 | 131.94 | 153.14 |
| Change (%) | -11.04% | - | +1.61% | +31.76% | +52.93% |
| Change | -11.06 | - | +1.61 | +31.80 | +53.00 |
| Level | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.99 | 102.18 | 103.31 | 105.50 | 106.63 | 108.82 | 109.95 |
| Camarilla | 103.52 | 103.82 | 104.13 | 104.43 | 104.73 | 105.04 | 105.34 |
| Woodie | 99.45 | 101.92 | 102.77 | 105.24 | 106.09 | 108.56 | 109.41 |
| Fibonacci | 102.18 | 103.45 | 104.24 | 105.50 | 106.77 | 107.56 | 108.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.15 | 87.72 | 98.64 | 104.21 | 115.13 | 120.70 | 131.62 |
| Camarilla | 105.04 | 106.55 | 108.06 | 109.57 | 111.08 | 112.59 | 114.11 |
| Woodie | 84.84 | 89.06 | 101.33 | 105.55 | 117.82 | 122.04 | 134.31 |
| Fibonacci | 87.72 | 94.02 | 97.91 | 104.21 | 110.51 | 114.40 | 120.70 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.63 | 91.40 | 99.16 | 109.93 | 117.69 | 128.46 | 136.22 |
| Camarilla | 101.81 | 103.51 | 105.21 | 106.91 | 108.61 | 110.31 | 112.01 |
| Woodie | 79.12 | 90.65 | 97.65 | 109.18 | 116.18 | 127.71 | 134.71 |
| Fibonacci | 91.40 | 98.48 | 102.86 | 109.93 | 117.01 | 121.39 | 128.46 |
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): | 42.88 | |
| MACD (12,26,9): | -6.5100 | |
| Directional Movement: | -8.91 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 102.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.87 | |
| Elder Ray (13): | -3.62 | |
| Super Trend (3,10): | 142.05 | |
| Zig ZAG (10): | 100.31 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 27.97 | |
| TEMA (21): | 104.73 | |
| Williams %R (14): | -76.75 | |
| Chande Momentum Oscillator (20): | -12.72 | |
| Repulse (5,40,3): | -9.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8700 | |
| Courbe Coppock: | 3.66 |
| MA7: | 103.50 | |
| MA20: | 105.76 | |
| MA50: | 110.21 | |
| MA100: | 109.59 | |
| MAexp7: | 106.84 | |
| MAexp20: | 112.21 | |
| MAexp50: | 126.96 | |
| MAexp100: | 149.10 | |
| Price / MA7: | -3.25% | |
| Price / MA20: | -5.31% | |
| Price / MA50: | -9.14% | |
| Price / MA100: | -8.62% | |
| Price / MAexp7: | -6.27% | |
| Price / MAexp20: | -10.76% | |
| Price / MAexp50: | -21.12% | |
| Price / MAexp100: | -32.84% |
Quotes :
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15 min delayed data
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This member declared not having a position on this financial instrument or a related financial instrument.
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