INNOVIZ TECHNOLOGIES - 1H - Technical analysis published on 12/14/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.8526 USD
My targets
0.9517 USD (+2.33%)
1.0582 USD (+13.78%)
My analysis
INNOVIZ TECHNOLOGIES is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.8526 USD. The next resistance located at 0.9517 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.0582 USD. After this resistance, buyers could then target 1.1200 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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This analysis was given by Qaisali123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INNOVIZ TECHNOLOGIES rating is 0.9300 USD. On the day, this instrument gained +6.91% and was traded between 0.8358 USD and 0.9300 USD over the period. The price is currently at +11.27% from its lowest and 0% from its highest.0.8358
0.9300
0.9300
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of INNOVIZ TECHNOLOGIES in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6933 | 0.7900 | 0.8305 | 0.9300 | 0.9517 | 1.1200 | 1.3020 |
| Change (%) | -25.45% | -15.05% | -10.70% | - | +2.33% | +20.43% | +40.00% |
| Change | -0.2367 | -0.1400 | -0.0995 | - | +0.0217 | +0.1900 | +0.3720 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7730 | 0.8044 | 0.8672 | 0.8986 | 0.9614 | 0.9928 | 1.0556 |
| Camarilla | 0.9041 | 0.9127 | 0.9214 | 0.9300 | 0.9386 | 0.9473 | 0.9559 |
| Woodie | 0.7887 | 0.8123 | 0.8829 | 0.9065 | 0.9771 | 1.0007 | 1.0713 |
| Fibonacci | 0.8044 | 0.8404 | 0.8626 | 0.8986 | 0.9346 | 0.9568 | 0.9928 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.3906 | 0.5188 | 0.7244 | 0.8526 | 1.0582 | 1.1864 | 1.3920 |
| Camarilla | 0.8382 | 0.8688 | 0.8994 | 0.9300 | 0.9606 | 0.9912 | 1.0218 |
| Woodie | 0.4293 | 0.5382 | 0.7631 | 0.8720 | 1.0969 | 1.2058 | 1.4307 |
| Fibonacci | 0.5188 | 0.6463 | 0.7251 | 0.8526 | 0.9801 | 1.0589 | 1.1864 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.2036 | 0.3268 | 0.5436 | 0.6668 | 0.8836 | 1.0068 | 1.2236 |
| Camarilla | 0.6669 | 0.6981 | 0.7292 | 0.7604 | 0.7916 | 0.8227 | 0.8539 |
| Woodie | 0.2504 | 0.3502 | 0.5904 | 0.6902 | 0.9304 | 1.0302 | 1.2704 |
| Fibonacci | 0.3268 | 0.4567 | 0.5369 | 0.6668 | 0.7967 | 0.8769 | 1.0068 |
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): | 68.10 | |
| MACD (12,26,9): | 0.0521 | |
| Directional Movement: | 19.9704 | |
| AROON (14): | 7.1429 | |
| DEMA (21): | 0.9144 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.8001 | |
| Elder Ray (13): | 0.0372 | |
| Super Trend (3,10): | 0.7661 | |
| Zig ZAG (10): | 0.9180 | |
| VORTEX (21): | 1.1611 | |
| Stochastique (14,3,5): | 72.55 | |
| TEMA (21): | 0.9370 | |
| Williams %R (14): | -28.25 | |
| Chande Momentum Oscillator (20): | 0.0060 | |
| Repulse (5,40,3): | 3.2542 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.9765 | |
| Courbe Coppock: | 37.45 |
| MA7: | 0.7455 | |
| MA20: | 0.6625 | |
| MA50: | 0.6871 | |
| MA100: | 0.7019 | |
| MAexp7: | 0.8993 | |
| MAexp20: | 0.8472 | |
| MAexp50: | 0.7758 | |
| MAexp100: | 0.7226 | |
| Price / MA7: | +24.75% | |
| Price / MA20: | +40.38% | |
| Price / MA50: | +35.35% | |
| Price / MA100: | +32.50% | |
| Price / MAexp7: | +2.08% | |
| Price / MAexp20: | +8.36% | |
| Price / MAexp50: | +18.33% | |
| Price / MAexp100: | +27.04% |
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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