VOLCON INC. - 15 min. - Technical analysis published on 01/25/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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:
Bullish
Underlying:
Strongly bullish
Technical indicators
11%
44%
44%
My opinion
Bullish above 0.1202 USD
My targets
0.1361 USD (+1.06%)
0.1433 USD (+6.36%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VOLCON INC. as long as the price remains well above 0.1202 USD. The buyers' bullish objective is set at 0.1361 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.1433 USD. If there is any crossing, the next objective would be the resistance located at 0.1750 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 are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.6
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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. rating is 0.1347 USD. On the day, this instrument gained +14.15% and was between 0.1303 USD and 0.1395 USD. This implies that the price is at +3.38% from its lowest and at -3.44% from its highest.0.1303
0.1395
0.1347
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of VOLCON INC. indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.0727 | 0.1048 | 0.1221 | 0.1347 | 0.1750 | 0.2202 | 15.8630 |
| Change (%) | -46.03% | -22.20% | -9.35% | - | +29.92% | +63.47% | +11,676.54% |
| Change | -0.0620 | -0.0299 | -0.0126 | - | +0.0403 | +0.0855 | +15.7283 |
| Level | Major | Minor | Minor | - | Minor | Intermediate | 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 | 0.0947 | 0.1037 | 0.1109 | 0.1199 | 0.1271 | 0.1361 | 0.1433 |
| Camarilla | 0.1136 | 0.1150 | 0.1165 | 0.1180 | 0.1195 | 0.1210 | 0.1225 |
| Woodie | 0.0937 | 0.1033 | 0.1099 | 0.1195 | 0.1261 | 0.1357 | 0.1423 |
| Fibonacci | 0.1037 | 0.1099 | 0.1137 | 0.1199 | 0.1261 | 0.1299 | 0.1361 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0546 | 0.0724 | 0.0874 | 0.1052 | 0.1202 | 0.1380 | 0.1530 |
| Camarilla | 0.0935 | 0.0965 | 0.0995 | 0.1025 | 0.1055 | 0.1085 | 0.1115 |
| Woodie | 0.0533 | 0.0717 | 0.0861 | 0.1045 | 0.1189 | 0.1373 | 0.1517 |
| Fibonacci | 0.0724 | 0.0849 | 0.0926 | 0.1052 | 0.1177 | 0.1254 | 0.1380 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.17 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 0.0356 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.1202 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.1254 | |
| Elder Ray (13): | -0.0020 | |
| Super Trend (3,10): | 0.1266 | |
| Zig ZAG (10): | 0.1180 | |
| VORTEX (21): | 0.9322 | |
| Stochastique (14,3,5): | 18.60 | |
| TEMA (21): | 0.1182 | |
| Williams %R (14): | -78.26 | |
| Chande Momentum Oscillator (20): | -0.0076 | |
| Repulse (5,40,3): | 1.2448 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1559 | |
| Courbe Coppock: | 7.59 |
| MA7: | 0.1079 | |
| MA20: | 0.1050 | |
| MA50: | 0.1697 | |
| MA100: | 3.7696 | |
| MAexp7: | 0.1184 | |
| MAexp20: | 0.1193 | |
| MAexp50: | 0.1163 | |
| MAexp100: | 0.1121 | |
| Price / MA7: | +24.84% | |
| Price / MA20: | +28.29% | |
| Price / MA50: | -20.62% | |
| Price / MA100: | -96.43% | |
| Price / MAexp7: | +13.77% | |
| Price / MAexp20: | +12.91% | |
| Price / MAexp50: | +15.82% | |
| Price / MAexp100: | +20.16% |
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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