VOLCON INC. - Daily - Technical analysis published on 01/30/2024 (GMT)
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- Timeframe : Daily
- - 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:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 0.1908 USD
My targets
0.1285 USD (-8.21%)
0.1021 USD (-27.07%)
My analysis
The basic trend is bearish on VOLCON INC. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.1908 USD. Buyers would then use the next resistance located at 0.2825 USD as an objective. Crossing it would then enable buyers to target 8.4700 USD. If there is a return to below the support located at 0.1285 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.1021 USD and 0.0727 USD by extension.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0
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Additional analysis
Quotes
The VOLCON INC. rating is 0.1400 USD. The price has increased by +15.13% since the last closing with the lowest point at 0.1287 USD and the highest point at 0.1543 USD. The deviation from the price is +8.78% for the low point and -9.27% for the high point.0.1287
0.1543
0.1400
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of VOLCON INC. in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.0727 | 0.1400 | 8.4700 | 16.0000 | 29.0000 |
| Change (%) | -48.07% | - | +5,950.00% | +11,328.57% | +20,614.29% |
| Change | -0.0673 | - | +8.3300 | +15.8600 | +28.8600 |
| Level | Major | - | Minor | Major | Major |
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 | 0.1021 | 0.1154 | 0.1277 | 0.1410 | 0.1533 | 0.1666 | 0.1789 |
| Camarilla | 0.1330 | 0.1353 | 0.1377 | 0.1400 | 0.1424 | 0.1447 | 0.1470 |
| Woodie | 0.1016 | 0.1152 | 0.1272 | 0.1408 | 0.1528 | 0.1664 | 0.1784 |
| Fibonacci | 0.1154 | 0.1252 | 0.1312 | 0.1410 | 0.1508 | 0.1568 | 0.1666 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1021 | 0.1154 | 0.1277 | 0.1410 | 0.1533 | 0.1666 | 0.1789 |
| Camarilla | 0.1330 | 0.1353 | 0.1377 | 0.1400 | 0.1424 | 0.1447 | 0.1470 |
| Woodie | 0.1016 | 0.1152 | 0.1272 | 0.1408 | 0.1528 | 0.1664 | 0.1784 |
| Fibonacci | 0.1154 | 0.1252 | 0.1312 | 0.1410 | 0.1508 | 0.1568 | 0.1666 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.55 | |
| MACD (12,26,9): | -0.0522 | |
| Directional Movement: | 5.7638 | |
| AROON (14): | 21.4285 | |
| DEMA (21): | 0.0331 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0849 | |
| Elder Ray (13): | 0.0249 | |
| Super Trend (3,10): | 0.1735 | |
| Zig ZAG (10): | 0.1400 | |
| VORTEX (21): | 1.0125 | |
| Stochastique (14,3,5): | 55.20 | |
| TEMA (21): | 0.2457 | |
| Williams %R (14): | -37.51 | |
| Chande Momentum Oscillator (20): | 0.0510 | |
| Repulse (5,40,3): | -9.5732 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -3.9370 | |
| Courbe Coppock: | 45.36 |
| MA7: | 0.1201 | |
| MA20: | 0.1068 | |
| MA50: | 0.1314 | |
| MA100: | 3.4195 | |
| MAexp7: | 0.1232 | |
| MAexp20: | 0.1258 | |
| MAexp50: | 0.8536 | |
| MAexp100: | 4.0476 | |
| Price / MA7: | +16.57% | |
| Price / MA20: | +31.09% | |
| Price / MA50: | +6.54% | |
| Price / MA100: | -95.91% | |
| Price / MAexp7: | +13.64% | |
| Price / MAexp20: | +11.29% | |
| Price / MAexp50: | -83.60% | |
| Price / MAexp100: | -96.54% |
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.
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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