PUNDI X - PUNDIX/USD - 1H - Technical analysis published on 08/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.424400 USD
My targets
0.410040 USD (-1.05%)
0.398967 USD (-3.72%)
My analysis
In the short term, we can see an acceleration in the bearish trend on PUNDI X - PUNDIX/USD, which is a positive signal for sellers. As long as the price remains above 0.424400 USD, a sale could be considered. The first bearish objective is located at 0.410040 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.398967 USD as an objective. Crossing it would then enable sellers to target 0.379320 USD. If the price were to return above 0.424400 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.1
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Additional analysis
Quotes
The PUNDI X - PUNDIX/USD rating is 0.414400 USD. The price registered a decrease of -0.02% on the session and was traded between 0.413600 USD and 0.433100 USD over the period. The price is currently at +0.19% from its lowest and -4.32% from its highest.0.413600
0.433100
0.414400
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PUNDI X - PUNDIX/USD:
Technical
A technical analysis in 1H of this PUNDI X - PUNDIX/USD chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.379320 | 0.398967 | 0.410040 | 0.414400 | 0.424400 | 0.437450 | 0.460700 |
| Change (%) | -8.47% | -3.72% | -1.05% | - | +2.41% | +5.56% | +11.17% |
| Change | -0.035080 | -0.015433 | -0.004360 | - | +0.010000 | +0.023050 | +0.046300 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.369067 | 0.389633 | 0.402067 | 0.422633 | 0.435067 | 0.455633 | 0.468067 |
| Camarilla | 0.405425 | 0.408450 | 0.411475 | 0.414500 | 0.417525 | 0.420550 | 0.423575 |
| Woodie | 0.365000 | 0.387600 | 0.398000 | 0.420600 | 0.431000 | 0.453600 | 0.464000 |
| Fibonacci | 0.389633 | 0.402239 | 0.410027 | 0.422633 | 0.435239 | 0.443027 | 0.455633 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.328767 | 0.354033 | 0.395467 | 0.420733 | 0.462167 | 0.487433 | 0.528867 |
| Camarilla | 0.418558 | 0.424672 | 0.430786 | 0.436900 | 0.443014 | 0.449128 | 0.455243 |
| Woodie | 0.336850 | 0.358075 | 0.403550 | 0.424775 | 0.470250 | 0.491475 | 0.536950 |
| Fibonacci | 0.354033 | 0.379513 | 0.395254 | 0.420733 | 0.446213 | 0.461954 | 0.487433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.169367 | 0.258933 | 0.342867 | 0.432433 | 0.516367 | 0.605933 | 0.689867 |
| Camarilla | 0.379088 | 0.394992 | 0.410896 | 0.426800 | 0.442704 | 0.458608 | 0.474513 |
| Woodie | 0.166550 | 0.257525 | 0.340050 | 0.431025 | 0.513550 | 0.604525 | 0.687050 |
| Fibonacci | 0.258933 | 0.325210 | 0.366156 | 0.432433 | 0.498710 | 0.539656 | 0.605933 |
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): | 34.99 | |
| MACD (12,26,9): | -0.0044 | |
| Directional Movement: | 13.255821 | |
| AROON (14): | 42.857142 | |
| DEMA (21): | 0.412384 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.411978 | |
| Elder Ray (13): | -0.001761 | |
| Super Trend (3,10): | 0.420807 | |
| Zig ZAG (10): | 0.414400 | |
| VORTEX (21): | 0.7841 | |
| Stochastique (14,3,5): | 20.09 | |
| TEMA (21): | 0.411923 | |
| Williams %R (14): | -81.66 | |
| Chande Momentum Oscillator (20): | -0.001300 | |
| Repulse (5,40,3): | -0.6121 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1758 | |
| Courbe Coppock: | 2.87 |
| MA7: | 0.421400 | |
| MA20: | 0.400830 | |
| MA50: | 0.400834 | |
| MA100: | 0.431978 | |
| MAexp7: | 0.415043 | |
| MAexp20: | 0.418608 | |
| MAexp50: | 0.425035 | |
| MAexp100: | 0.423973 | |
| Price / MA7: | -1.66% | |
| Price / MA20: | +3.39% | |
| Price / MA50: | +3.38% | |
| Price / MA100: | -4.07% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -1.01% | |
| Price / MAexp50: | -2.50% | |
| Price / MAexp100: | -2.26% |
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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