SERUM - SRM/USD - Daily - Technical analysis published on 04/22/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 6.44 USD
My targets
8.10 USD (+13.60%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SERUM - SRM/USD as long as the price remains well above 6.44 USD. The buyers” bullish objective is set at 8.10 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.3
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 Vincent Launay.
Additional analysis
Quotes
The SERUM - SRM/USD price is 7.13 USD. On the day, this instrument gained +19.83% with the lowest point at 5.82 USD and the highest point at 7.17 USD. The deviation from the price is +22.51% for the low point and -0.56% for the high point.5.82
7.17
7.13
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SERUM - SRM/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of SERUM - SRM/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : Daily
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 5.67 | 6.44 | 7.03 | 7.13 | 8.10 |
| Change (%) | -20.48% | -9.68% | -1.40% | - | +13.60% |
| Change | -1.46 | -0.69 | -0.10 | - | +0.97 |
| Level | Major | Minor | 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 | 4.84 | 5.30 | 5.62 | 6.08 | 6.40 | 6.86 | 7.18 |
| Camarilla | 5.74 | 5.81 | 5.88 | 5.95 | 6.02 | 6.09 | 6.17 |
| Woodie | 4.78 | 5.27 | 5.56 | 6.05 | 6.34 | 6.83 | 7.12 |
| Fibonacci | 5.30 | 5.60 | 5.78 | 6.08 | 6.38 | 6.56 | 6.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.04 | 5.20 | 5.86 | 7.02 | 7.68 | 8.84 | 9.50 |
| Camarilla | 6.01 | 6.18 | 6.34 | 6.51 | 6.68 | 6.84 | 7.01 |
| Woodie | 3.78 | 5.08 | 5.60 | 6.90 | 7.42 | 8.72 | 9.24 |
| Fibonacci | 5.20 | 5.90 | 6.33 | 7.02 | 7.72 | 8.15 | 8.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.20 | 2.54 | 4.02 | 5.36 | 6.84 | 8.18 | 9.66 |
| Camarilla | 4.73 | 4.98 | 5.24 | 5.50 | 5.76 | 6.02 | 6.28 |
| Woodie | 1.27 | 2.58 | 4.09 | 5.40 | 6.91 | 8.22 | 9.73 |
| Fibonacci | 2.54 | 3.62 | 4.28 | 5.36 | 6.44 | 7.10 | 8.18 |
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): | 56.05 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | -0.61 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 6.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.94 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 5.10 | |
| Zig ZAG (10): | 6.85 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 39.20 | |
| TEMA (21): | 6.58 | |
| Williams %R (14): | -41.56 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | 14.5500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.8200 | |
| Courbe Coppock: | 3.33 |
| MA7: | 6.29 | |
| MA20: | 6.60 | |
| MA50: | 5.82 | |
| MA100: | 4.61 | |
| MAexp7: | 6.43 | |
| MAexp20: | 6.38 | |
| MAexp50: | 5.79 | |
| MAexp100: | 4.83 | |
| Price / MA7: | +13.35% | |
| Price / MA20: | +8.03% | |
| Price / MA50: | +22.51% | |
| Price / MA100: | +54.66% | |
| Price / MAexp7: | +10.89% | |
| Price / MAexp20: | +11.76% | |
| Price / MAexp50: | +23.14% | |
| Price / MAexp100: | +47.62% |
Quotes :
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Real time 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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