RED CAT HOLDINGS INC.
RED CAT HOLDINGS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RCAT
ISIN:

RED CAT HOLDINGS INC. - 1H - Technical analysis published on 03/14/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 2.43 USD
My targets
2.68 USD (+3.76%)
2.98 USD (+15.50%)
My analysis
RED CAT HOLDINGS INC. 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 2.43 USD. The next resistance located at 2.68 USD is the next bullish target 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 2.98 USD. After this resistance, buyers could then target 3.55 USD.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2

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 aba0550. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The RED CAT HOLDINGS INC. price is 2.58 USD. The price registered an increase of +40.22% on the session with the lowest point at 1.86 USD and the highest point at 2.75 USD. The deviation from the price is +38.71% for the low point and -6.18% for the high point.

1.86
2.75
2.58

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by RED CAT HOLDINGS INC.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of RED CAT HOLDINGS INC. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.06 2.13 2.19 2.58 2.98 3.55 6.15
Change (%) -20.16% -17.44% -15.12% - +15.50% +37.60% +138.37%
Change -0.52 -0.45 -0.39 - +0.40 +0.97 +3.57
Level Intermediate Intermediate Intermediate - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.721.761.801.841.881.921.96
Camarilla1.821.831.831.841.851.861.86
Woodie1.721.761.801.841.881.921.96
Fibonacci1.761.791.811.841.871.891.92


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.561.631.741.811.921.992.10
Camarilla1.791.811.821.841.861.871.89
Woodie1.571.641.751.821.932.002.11
Fibonacci1.631.701.751.811.881.931.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.911.251.501.842.092.432.68
Camarilla1.581.631.691.741.791.851.90
Woodie0.861.231.451.822.042.412.63
Fibonacci1.251.481.621.842.072.212.43

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): 52.58
MACD (12,26,9): 0.0100
Directional Movement: 3.38
AROON (14): 7.15
DEMA (21): 1.84
Parabolic SAR (0,02-0,02-0,2): 1.88
Elder Ray (13): 0.01
Super Trend (3,10): 1.72
Zig ZAG (10): 1.84
VORTEX (21): 1.0800
Stochastique (14,3,5): 33.33
TEMA (21): 1.84
Williams %R (14): -50.00
Chande Momentum Oscillator (20): -0.05
Repulse (5,40,3): -0.2900
ROCnROLL: 1
TRIX (15,9): 0.1200
Courbe Coppock: 0.31
MA7: 1.81
MA20: 1.83
MA50: 1.87
MA100: 2.13
MAexp7: 1.83
MAexp20: 1.83
MAexp50: 1.81
MAexp100: 1.81
Price / MA7: +42.54%
Price / MA20: +40.98%
Price / MA50: +37.97%
Price / MA100: +21.13%
Price / MAexp7: +40.98%
Price / MAexp20: +40.98%
Price / MAexp50: +42.54%
Price / MAexp100: +42.54%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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