VOLCON INC. - Daily - Technical analysis published on 01/04/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 0.1285 USD
My targets
0.0553 USD (-50.95%)
0.0368 USD (-67.38%)
My analysis
The bearish basic trend is very strong on VOLCON INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.1285 USD. Crossing the first support at 0.0553 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.0368 USD as an objective. Caution, a return to above the resistance located at 0.1285 USD would be a sign of a possible consolidation phase of 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by nfkhamis. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VOLCON INC. price is 0.1128 USD. The price registered an increase of +15.57% on the session and was traded between 0.1001 USD and 0.1210 USD over the period. The price is currently at +12.69% from its lowest and -6.78% from its highest.0.1001
0.1210
0.1128
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VOLCON INC.:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this VOLCON INC. chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.1128 | 15.8630 | 29.0000 | 34.7500 |
| Change (%) | - | +13,962.94% | +25,609.22% | +30,706.74% |
| Change | - | +15.7502 | +28.8872 | +34.6372 |
| Level | - | Intermediate | 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 | 0.0844 | 0.0872 | 0.0924 | 0.0952 | 0.1004 | 0.1032 | 0.1084 |
| Camarilla | 0.0954 | 0.0961 | 0.0969 | 0.0976 | 0.0983 | 0.0991 | 0.0998 |
| Woodie | 0.0856 | 0.0878 | 0.0936 | 0.0958 | 0.1016 | 0.1038 | 0.1096 |
| Fibonacci | 0.0872 | 0.0903 | 0.0921 | 0.0952 | 0.0983 | 0.1001 | 0.1032 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0709 | 0.0116 | 0.0553 | 0.1378 | 0.1815 | 0.2640 | 0.3077 |
| Camarilla | 0.0644 | 0.0760 | 0.0875 | 0.0991 | 0.1107 | 0.1222 | 0.1338 |
| Woodie | -0.0902 | 0.0019 | 0.0360 | 0.1281 | 0.1622 | 0.2543 | 0.2884 |
| Fibonacci | 0.0116 | 0.0598 | 0.0896 | 0.1378 | 0.1860 | 0.2158 | 0.2640 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.1172 | -0.0255 | 0.0368 | 0.1285 | 0.1908 | 0.2825 | 0.3448 |
| Camarilla | 0.0568 | 0.0709 | 0.0850 | 0.0991 | 0.1132 | 0.1273 | 0.1415 |
| Woodie | -0.1319 | -0.0329 | 0.0221 | 0.1212 | 0.1761 | 0.2752 | 0.3301 |
| Fibonacci | -0.0255 | 0.0333 | 0.0697 | 0.1285 | 0.1873 | 0.2237 | 0.2825 |
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): | 25.37 | |
| MACD (12,26,9): | -0.2001 | |
| Directional Movement: | -16.7645 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 0.1704 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.2149 | |
| Elder Ray (13): | -0.0028 | |
| Super Trend (3,10): | 0.2033 | |
| Zig ZAG (10): | 0.1010 | |
| VORTEX (21): | 0.8703 | |
| Stochastique (14,3,5): | 21.36 | |
| TEMA (21): | 0.2862 | |
| Williams %R (14): | -75.91 | |
| Chande Momentum Oscillator (20): | 0.0109 | |
| Repulse (5,40,3): | -10.8220 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -7.0992 | |
| Courbe Coppock: | 11.77 |
| MA7: | 0.1085 | |
| MA20: | 0.0988 | |
| MA50: | 0.4157 | |
| MA100: | 5.2748 | |
| MAexp7: | 0.1014 | |
| MAexp20: | 0.1709 | |
| MAexp50: | 1.5182 | |
| MAexp100: | 5.3631 | |
| Price / MA7: | +3.96% | |
| Price / MA20: | +14.17% | |
| Price / MA50: | -72.87% | |
| Price / MA100: | -97.86% | |
| Price / MAexp7: | +11.24% | |
| Price / MAexp20: | -34.00% | |
| Price / MAexp50: | -92.57% | |
| Price / MAexp100: | -97.90% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on VOLCON INC. at the time of the generation of this analysis was as follows:
- Volcon Stag Manufacturing Update December 2023
- Volcon ePowersports Operational Update for December 2023
- Volcon ePowersports Welcomes Doug Cline as Director of Sales for the United States
- Volcon ePowersports Reports Third Quarter 2023 Operational and Financial Results
- Volcon ePowersports Strikes Exclusive Distribution Deal with Indi Imports in New Zealand
This member declared not having a position on this financial instrument or a related financial instrument.
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