AEYE INC. - Weekly - Technical analysis published on 11/08/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 1.24 USD
My targets
0.96 USD (-12.45%)
0.86 USD (-22.09%)
My analysis
The bearish trend is currently very strong for AEYE INC.. As long as the price remains below the resistance at 1.24 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.96 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.86 USD as an objective. Crossing it would then enable sellers to target 0.68 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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 MARCE. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AEYE INC. rating 1.10 USD. The price registered an increase of +1.85% over 5 days and was traded between 1.05 USD and 1.16 USD over the period. The price is currently at +4.76% from its lowest point and -5.49% from its highest point.1.05
1.16
1.10
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this AEYE INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Weekly
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
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
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 1.10 | 4.89 | 80.40 | 124.20 |
| Change (%) | - | +344.55% | +7,209.09% | +11,190.91% |
| Change | - | +3.79 | +79.30 | +123.10 |
| Level | - | Minor | Minor | 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 | 1.03 | 1.05 | 1.08 | 1.10 | 1.13 | 1.15 | 1.18 |
| Camarilla | 1.09 | 1.09 | 1.10 | 1.10 | 1.11 | 1.11 | 1.11 |
| Woodie | 1.03 | 1.05 | 1.08 | 1.10 | 1.13 | 1.15 | 1.18 |
| Fibonacci | 1.05 | 1.07 | 1.08 | 1.10 | 1.12 | 1.13 | 1.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.82 | 0.93 | 1.00 | 1.11 | 1.18 | 1.29 | 1.36 |
| Camarilla | 1.03 | 1.05 | 1.06 | 1.08 | 1.10 | 1.11 | 1.13 |
| Woodie | 0.81 | 0.92 | 0.99 | 1.10 | 1.17 | 1.28 | 1.35 |
| Fibonacci | 0.93 | 1.00 | 1.04 | 1.11 | 1.18 | 1.22 | 1.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.68 | 0.86 | 0.96 | 1.14 | 1.24 | 1.42 | 1.52 |
| Camarilla | 0.99 | 1.02 | 1.04 | 1.07 | 1.10 | 1.12 | 1.15 |
| Woodie | 0.65 | 0.84 | 0.93 | 1.12 | 1.21 | 1.40 | 1.49 |
| Fibonacci | 0.86 | 0.96 | 1.03 | 1.14 | 1.24 | 1.31 | 1.42 |
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): | 38.58 | |
| MACD (12,26,9): | -0.3100 | |
| Directional Movement: | 6.24 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 0.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.32 | |
| Elder Ray (13): | -0.13 | |
| Super Trend (3,10): | 0.93 | |
| Zig ZAG (10): | 1.10 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 11.11 | |
| TEMA (21): | 1.23 | |
| Williams %R (14): | -91.36 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | -5.9300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.3300 | |
| Courbe Coppock: | 48.95 |
| MA7: | 1.10 | |
| MA20: | 1.15 | |
| MA50: | 1.15 | |
| MA100: | 1.35 | |
| MAexp7: | 1.15 | |
| MAexp20: | 1.36 | |
| MAexp50: | 3.82 | |
| MAexp100: | 22.70 | |
| Price / MA7: | -0% | |
| Price / MA20: | -4.35% | |
| Price / MA50: | -4.35% | |
| Price / MA100: | -18.52% | |
| Price / MAexp7: | -4.35% | |
| Price / MAexp20: | -19.12% | |
| Price / MAexp50: | -71.20% | |
| Price / MAexp100: | -95.15% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on AEYE INC. at the time of the generation of this analysis was as follows:
- AEye Reports Second Quarter 2023 Results
- AEye to Participate in Upcoming Conferences
- AEye to Report Second Quarter 2023 Financial Results on Monday, August 7
- AEye Unveils 4Sight+ – Dramatically Increasing Spatial Resolution and Range to Deliver Industry-Leading Path-Planning, Obstacle Avoidance, and Prediction Capabilities
- AEye Reports First Quarter 2023 Results
This member declared not having a position on this financial instrument or a related financial instrument.
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