BAND PROTOCOL - BAND/USD - Daily - Technical analysis published on 04/26/2023 (GMT)
- 168
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
33%
39%
28%
My opinion
Neutral between 1.66 USD and 1.84 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on BAND PROTOCOL - BAND/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 1.66 USD. The first resistance is located at 1.84 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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.
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Additional analysis
Quotes
The BAND PROTOCOL - BAND/USD rating is 1.80 USD. On the day, this instrument gained +6.51% and was traded between 1.68 USD and 1.80 USD over the period. The price is currently at +7.14% from its lowest and 0% from its highest.1.68
1.80
1.80
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Technical
Technical analysis of BAND PROTOCOL - BAND/USD in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.10 | 1.46 | 1.66 | 1.80 | 1.84 | 2.07 | 2.25 |
Change (%) | -38.89% | -18.89% | -7.78% | - | +2.22% | +15.00% | +25.00% |
Change | -0.70 | -0.34 | -0.14 | - | +0.04 | +0.27 | +0.45 |
Level | Major | Major | Intermediate | - | Intermediate | Intermediate | 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 | 1.53 | 1.56 | 1.63 | 1.66 | 1.73 | 1.76 | 1.83 |
Camarilla | 1.66 | 1.67 | 1.68 | 1.69 | 1.70 | 1.71 | 1.72 |
Woodie | 1.54 | 1.57 | 1.64 | 1.67 | 1.74 | 1.77 | 1.84 |
Fibonacci | 1.56 | 1.60 | 1.63 | 1.66 | 1.70 | 1.73 | 1.76 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.09 | 1.37 | 1.54 | 1.82 | 1.99 | 2.27 | 2.44 |
Camarilla | 1.60 | 1.64 | 1.68 | 1.72 | 1.76 | 1.80 | 1.84 |
Woodie | 1.05 | 1.34 | 1.50 | 1.79 | 1.95 | 2.24 | 2.40 |
Fibonacci | 1.37 | 1.54 | 1.65 | 1.82 | 1.99 | 2.10 | 2.27 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.90 | 1.12 | 1.50 | 1.72 | 2.10 | 2.32 | 2.70 |
Camarilla | 1.71 | 1.76 | 1.82 | 1.87 | 1.93 | 1.98 | 2.04 |
Woodie | 0.97 | 1.16 | 1.57 | 1.76 | 2.17 | 2.36 | 2.77 |
Fibonacci | 1.12 | 1.35 | 1.49 | 1.72 | 1.95 | 2.09 | 2.32 |
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): | 46.00 | |
MACD (12,26,9): | -0.0400 | |
Directional Movement: | -2.56 | |
AROON (14): | -64.29 | |
DEMA (21): | 1.77 | |
Parabolic SAR (0,02-0,02-0,2): | 1.93 | |
Elder Ray (13): | -0.05 | |
Super Trend (3,10): | 1.99 | |
Zig ZAG (10): | 1.75 | |
VORTEX (21): | 0.9600 | |
Stochastique (14,3,5): | 19.95 | |
TEMA (21): | 1.73 | |
Williams %R (14): | -67.21 | |
Chande Momentum Oscillator (20): | -0.21 | |
Repulse (5,40,3): | 5.1500 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 18.15 |
MA7: | 1.71 | |
MA20: | 1.85 | |
MA50: | 1.78 | |
MA100: | 1.87 | |
MAexp7: | 1.74 | |
MAexp20: | 1.80 | |
MAexp50: | 1.82 | |
MAexp100: | 1.81 | |
Price / MA7: | +5.26% | |
Price / MA20: | -2.70% | |
Price / MA50: | +1.12% | |
Price / MA100: | -3.74% | |
Price / MAexp7: | +3.45% | |
Price / MAexp20: | -0% | |
Price / MAexp50: | -1.10% | |
Price / MAexp100: | -0.55% |
Quotes :
-
Real time data
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Cryptocompare
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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