AIRBNB INC. - Weekly - Technical analysis published on 12/07/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 131.94 USD
My targets
153.29 USD (+8.98%)
186.64 USD (+32.69%)
My analysis
A bullish trend on AIRBNB INC. both in substance and in the short term. A purchase could be considered as long as the price remains above 131.94 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 153.29 USD. Then the price could move towards 186.64 USD. Then 207.21 USD by extension. Be careful, a return below 131.94 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5
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This analysis was given by lrxtrader. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AIRBNB INC. rating is 140.66 USD. Over 5 days, this instrument gained +11.33% and has been traded over the last 5 days between 132.66 USD and 141.05 USD. This implies that the 5 day price is +6.03% from its lowest point and -0.28% from its highest point.132.66
141.05
140.66
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of AIRBNB INC. indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Weekly
In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
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:
Near resistance of channel
Type : Bearish
Timeframe : Weekly
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Three white soldiers
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 89.08 | 114.09 | 131.94 | 140.66 | 153.29 | 186.64 | 207.21 |
| Change (%) | -36.67% | -18.89% | -6.20% | - | +8.98% | +32.69% | +47.31% |
| Change | -51.58 | -26.57 | -8.72 | - | +12.63 | +45.98 | +66.55 |
| Level | Minor | Major | Major | - | Major | Minor | Intermediate |
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 | 130.80 | 132.97 | 134.14 | 136.31 | 137.48 | 139.65 | 140.82 |
| Camarilla | 134.39 | 134.70 | 135.00 | 135.31 | 135.62 | 135.92 | 136.23 |
| Woodie | 130.30 | 132.72 | 133.64 | 136.06 | 136.98 | 139.40 | 140.32 |
| Fibonacci | 132.97 | 134.25 | 135.03 | 136.31 | 137.59 | 138.37 | 139.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 117.92 | 121.50 | 128.26 | 131.84 | 138.60 | 142.18 | 148.94 |
| Camarilla | 132.18 | 133.12 | 134.07 | 135.02 | 135.97 | 136.92 | 137.86 |
| Woodie | 119.51 | 122.30 | 129.85 | 132.64 | 140.19 | 142.98 | 150.53 |
| Fibonacci | 121.50 | 125.45 | 127.89 | 131.84 | 135.79 | 138.23 | 142.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 98.90 | 106.50 | 116.42 | 124.02 | 133.94 | 141.54 | 151.46 |
| Camarilla | 121.52 | 123.13 | 124.73 | 126.34 | 127.95 | 129.55 | 131.16 |
| Woodie | 100.06 | 107.08 | 117.58 | 124.60 | 135.10 | 142.12 | 152.62 |
| Fibonacci | 106.50 | 113.19 | 117.33 | 124.02 | 130.71 | 134.85 | 141.54 |
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): | 57.83 | |
| MACD (12,26,9): | 1.4900 | |
| Directional Movement: | 8.61 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 130.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 113.24 | |
| Elder Ray (13): | 7.54 | |
| Super Trend (3,10): | 151.84 | |
| Zig ZAG (10): | 140.45 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 56.46 | |
| TEMA (21): | 129.82 | |
| Williams %R (14): | -27.67 | |
| Chande Momentum Oscillator (20): | -2.12 | |
| Repulse (5,40,3): | 13.7300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 10.10 |
| MA7: | 133.03 | |
| MA20: | 128.16 | |
| MA50: | 125.38 | |
| MA100: | 131.89 | |
| MAexp7: | 130.70 | |
| MAexp20: | 128.70 | |
| MAexp50: | 125.80 | |
| MAexp100: | 131.85 | |
| Price / MA7: | +5.74% | |
| Price / MA20: | +9.75% | |
| Price / MA50: | +12.19% | |
| Price / MA100: | +6.65% | |
| Price / MAexp7: | +7.62% | |
| Price / MAexp20: | +9.29% | |
| Price / MAexp50: | +11.81% | |
| Price / MAexp100: | +6.68% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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