REN - REN/USD - Daily - Technical analysis published on 09/27/2022 (GMT)
- 201
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Neutral between 0.100000 USD and 0.130000 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.100000 USD. The first resistance is located at 0.130000 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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.
Additional analysis
Quotes
The REN - REN/USD price is 0.120000 USD. The price registered an increase of +9.09% on the session and was traded between 0.110000 USD and 0.120000 USD over the period. The price is currently at +9.09% from its lowest and 0% from its highest.0.110000
0.120000
0.120000
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 Daily of this REN - REN/USD chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.087740 | 0.120000 | 0.140000 | 0.279300 | 0.320000 |
| Change (%) | -26.88% | - | +16.67% | +132.75% | +166.67% |
| Change | -0.032260 | - | +0.020000 | +0.159300 | +0.200000 |
| Level | Major | - | Major | 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 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 |
| Camarilla | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 |
| Woodie | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 |
| Fibonacci | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 | 0.110000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080000 | 0.090000 | 0.100000 | 0.110000 | 0.120000 | 0.130000 | 0.140000 |
| Camarilla | 0.104500 | 0.106333 | 0.108167 | 0.110000 | 0.111833 | 0.113667 | 0.115500 |
| Woodie | 0.080000 | 0.090000 | 0.100000 | 0.110000 | 0.120000 | 0.130000 | 0.140000 |
| Fibonacci | 0.090000 | 0.097640 | 0.102360 | 0.110000 | 0.117640 | 0.122360 | 0.130000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.043333 | 0.033333 | 0.076667 | 0.153333 | 0.196667 | 0.273333 | 0.316667 |
| Camarilla | 0.087000 | 0.098000 | 0.109000 | 0.120000 | 0.131000 | 0.142000 | 0.153000 |
| Woodie | -0.060000 | 0.025000 | 0.060000 | 0.145000 | 0.180000 | 0.265000 | 0.300000 |
| Fibonacci | 0.033333 | 0.079173 | 0.107493 | 0.153333 | 0.199173 | 0.227493 | 0.273333 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.96 | |
| MACD (12,26,9): | -0.0043 | |
| Directional Movement: | -3.197817 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.108582 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.126480 | |
| Elder Ray (13): | 0.002105 | |
| Super Trend (3,10): | 0.128804 | |
| Zig ZAG (10): | 0.120000 | |
| VORTEX (21): | 0.9375 | |
| Stochastique (14,3,5): | 52.78 | |
| TEMA (21): | 0.109286 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.010000 | |
| Repulse (5,40,3): | 11.3439 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.6490 | |
| Courbe Coppock: | 20.34 |
| MA7: | 0.110000 | |
| MA20: | 0.116000 | |
| MA50: | 0.129600 | |
| MA100: | 0.131800 | |
| MAexp7: | 0.112381 | |
| MAexp20: | 0.114956 | |
| MAexp50: | 0.124143 | |
| MAexp100: | 0.141666 | |
| Price / MA7: | +9.09% | |
| Price / MA20: | +3.45% | |
| Price / MA50: | -7.41% | |
| Price / MA100: | -8.95% | |
| Price / MAexp7: | +6.78% | |
| Price / MAexp20: | +4.39% | |
| Price / MAexp50: | -3.34% | |
| Price / MAexp100: | -15.29% |
Quotes :
-
Real time data
-
Cryptocompare
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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