THE SANDBOX - SAND/USD - 1H - Technical analysis published on 06/27/2024 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 0.326847 USD
My targets
0.337838 USD (+1.24%)
0.341168 USD (+2.24%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on THE SANDBOX - SAND/USD as long as the price remains well above 0.326847 USD. The buyers' bullish objective is set at 0.337838 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.341168 USD. If there is any crossing, the next objective would be the resistance located at 0.491142 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THE SANDBOX - SAND/USD rating is 0.333697 USD. The price registered a decrease of -0.06% on the session with the lowest point at 0.328581 USD and the highest point at 0.335796 USD. The deviation from the price is +1.56% for the low point and -0.63% for the high point.0.328581
0.335796
0.333697
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THE SANDBOX - SAND/USD:
Technical
Technical analysis of THE SANDBOX - SAND/USD in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.317477 | 0.326847 | 0.333535 | 0.333697 | 0.337838 | 0.341168 | 0.491142 |
| Change (%) | -4.86% | -2.05% | -0.05% | - | +1.24% | +2.24% | +47.18% |
| Change | -0.016220 | -0.006850 | -0.000162 | - | +0.004141 | +0.007471 | +0.157445 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.317283 | 0.323156 | 0.328529 | 0.334402 | 0.339775 | 0.345648 | 0.351021 |
| Camarilla | 0.330808 | 0.331839 | 0.332870 | 0.333901 | 0.334932 | 0.335963 | 0.336994 |
| Woodie | 0.317032 | 0.323031 | 0.328278 | 0.334277 | 0.339524 | 0.345523 | 0.350770 |
| Fibonacci | 0.323156 | 0.327452 | 0.330106 | 0.334402 | 0.338698 | 0.341352 | 0.345648 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.195757 | 0.245056 | 0.287833 | 0.337132 | 0.379909 | 0.429208 | 0.471985 |
| Camarilla | 0.305288 | 0.313728 | 0.322169 | 0.330609 | 0.339049 | 0.347490 | 0.355930 |
| Woodie | 0.192495 | 0.243426 | 0.284571 | 0.335502 | 0.376647 | 0.427578 | 0.468723 |
| Fibonacci | 0.245056 | 0.280229 | 0.301959 | 0.337132 | 0.372305 | 0.394035 | 0.429208 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.323818 | 0.362413 | 0.397011 | 0.435606 | 0.470204 | 0.508799 | 0.543397 |
| Camarilla | 0.411480 | 0.418189 | 0.424899 | 0.431608 | 0.438317 | 0.445027 | 0.451736 |
| Woodie | 0.321819 | 0.361414 | 0.395012 | 0.434607 | 0.468205 | 0.507800 | 0.541398 |
| Fibonacci | 0.362413 | 0.390373 | 0.407647 | 0.435606 | 0.463566 | 0.480840 | 0.508799 |
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): | 56.76 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | 6.266814 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.332109 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.336069 | |
| Elder Ray (13): | 0.002280 | |
| Super Trend (3,10): | 0.335651 | |
| Zig ZAG (10): | 0.334850 | |
| VORTEX (21): | 0.9857 | |
| Stochastique (14,3,5): | 61.31 | |
| TEMA (21): | 0.331352 | |
| Williams %R (14): | -14.64 | |
| Chande Momentum Oscillator (20): | 0.000986 | |
| Repulse (5,40,3): | 1.0633 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0348 | |
| Courbe Coppock: | 1.44 |
| MA7: | 0.330947 | |
| MA20: | 0.360346 | |
| MA50: | 0.409834 | |
| MA100: | 0.476280 | |
| MAexp7: | 0.332415 | |
| MAexp20: | 0.332851 | |
| MAexp50: | 0.332754 | |
| MAexp100: | 0.331577 | |
| Price / MA7: | +0.83% | |
| Price / MA20: | -7.40% | |
| Price / MA50: | -18.58% | |
| Price / MA100: | -29.94% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.28% | |
| Price / MAexp100: | +0.64% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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