MONDAY.COM

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MNDY
ISIN:	IL0011762130

MONDAY.COM - Daily - Technical analysis published on 06/28/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 213.89 USD

My targets

246.44 USD (+4.30%)

287.96 USD (+21.87%)

My analysis

The basic bullish trend is very strong on MONDAY.COM but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 213.89 USD. Crossing the first resistance at 246.44 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 287.96 USD as an objective. Crossing it would then enable buyers to target 326.20 USD. Caution, a return to below 213.89 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Comment on the analysis

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 AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

MONDAY.COM rating 236.28 USD. On the day, this instrument gained +2.95% with the lowest point at 229.25 USD and the highest point at 239.38 USD. The deviation from the price is +3.07% for the low point and -1.30% for the high point.

229.25

239.38

236.28

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of MONDAY.COM in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	177.94	213.89	235.57	236.28	246.44	326.20	406.49
Change (%)	-24.69%	-9.48%	-0.30%	-	+4.30%	+38.06%	+72.04%
Change	-58.34	-22.39	-0.71	-	+10.16	+89.92	+170.21
Level	Major	Major	Major	-	Intermediate	Minor	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	220.43	224.84	230.56	234.97	240.69	245.10	250.82
Camarilla	233.49	234.42	235.35	236.28	237.21	238.14	239.07
Woodie	221.09	225.17	231.22	235.30	241.35	245.43	251.48
Fibonacci	224.84	228.71	231.10	234.97	238.84	241.23	245.10

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	196.30	203.15	214.06	220.91	231.82	238.67	249.58
Camarilla	220.09	221.71	223.34	224.97	226.60	228.23	229.85
Woodie	198.33	204.17	216.09	221.93	233.85	239.69	251.61
Fibonacci	203.15	209.93	214.13	220.91	227.69	231.89	238.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	116.97	148.00	186.95	217.98	256.93	287.96	326.91
Camarilla	206.67	213.08	219.50	225.91	232.33	238.74	245.16
Woodie	120.94	149.98	190.92	219.96	260.90	289.94	330.88
Fibonacci	148.00	174.73	191.24	217.98	244.71	261.22	287.96

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):	61.21
MACD (12,26,9):	3.1800
Directional Movement:	11.03
AROON (14):	-42.86
DEMA (21):	229.50
Parabolic SAR (0,02-0,02-0,2):	210.43
Elder Ray (13):	8.00
Super Trend (3,10):	243.68
Zig ZAG (10):	236.28
VORTEX (21):	0.9000
Stochastique (14,3,5):	67.23
TEMA (21):	228.67
Williams %R (14):	-11.04
Chande Momentum Oscillator (20):	11.07
Repulse (5,40,3):	6.4400
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	3.12

MA7:	225.57
MA20:	224.23
MA50:	211.36
MA100:	214.52
MAexp7:	227.80
MAexp20:	224.82
MAexp50:	218.35
MAexp100:	211.25
Price / MA7:	+4.75%
Price / MA20:	+5.37%
Price / MA50:	+11.79%
Price / MA100:	+10.14%
Price / MAexp7:	+3.72%
Price / MAexp20:	+5.10%
Price / MAexp50:	+8.21%
Price / MAexp100:	+11.85%

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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