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VOLCON INC.
VOLCON INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: VLCN
ISIN:

VOLCON INC. - Daily - Technical analysis published on 05/10/2024 (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: Neutral
Underlying: Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.3785 USD
My targets
0.3037 USD (-16.51%)
0.2617 USD (-28.06%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on VOLCON INC.. As long as you are under the resistance located at 0.3785 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.3037 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.2617 USD as an objective. Crossing it would then enable sellers to target 0.0912 USD. If the resistance 0.3785 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.1

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.

nfkhamis
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15 min. 1H Weekly

Additional analysis

Quotes

The VOLCON INC. price is 0.3638 USD. The price registered an increase of +20.07% on the session and was between 0.3166 USD and 0.3750 USD. This implies that the price is at +14.91% from its lowest and at -2.99% from its highest.

0.3166
0.3750
0.3638

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VOLCON INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on VOLCON INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of VOLCON INC. in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.3638 2.7694 381.1500 568.1249
Change (%) - +661.24% +104,669.10% +156,064.07%
Change - +2.4056 +380.7862 +567.7611
Level - Minor Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.23000.24930.27620.29550.32240.34170.3686
Camarilla0.29030.29450.29880.30300.30720.31150.3157
Woodie0.23370.25120.27990.29740.32610.34360.3723
Fibonacci0.24930.26700.27790.29550.31320.32410.3417


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.17770.20290.21970.24490.26170.28690.3037
Camarilla0.22510.22890.23280.23660.24050.24430.2482
Woodie0.17360.20080.21560.24280.25760.28480.2996
Fibonacci0.20290.21890.22880.24490.26090.27080.2869


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.3628-0.07550.09120.37850.54520.83250.9992
Camarilla0.13300.17460.21620.25780.29940.34100.3827
Woodie-0.4232-0.10570.03080.34840.48480.80240.9388
Fibonacci-0.07550.09800.20510.37850.55200.65910.8325

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): 47.25
MACD (12,26,9): -0.0835
Directional Movement: 9.4239
AROON (14): 100.0000
DEMA (21): 0.1714
Parabolic SAR (0,02-0,02-0,2): 0.2280
Elder Ray (13): 0.0608
Super Trend (3,10): 0.1981
Zig ZAG (10): 0.3621
VORTEX (21): 1.0197
Stochastique (14,3,5): 67.02
TEMA (21): 0.3781
Williams %R (14): -4.18
Chande Momentum Oscillator (20): 0.1101
Repulse (5,40,3): 30.3329
ROCnROLL: -1
TRIX (15,9): -3.3685
Courbe Coppock: 30.80
MA7: 0.2784
MA20: 0.2612
MA50: 0.4930
MA100: 2.0556
MAexp7: 0.2959
MAexp20: 0.3096
MAexp50: 2.6265
MAexp100: 40.2464
Price / MA7: +30.68%
Price / MA20: +39.28%
Price / MA50: -26.21%
Price / MA100: -82.30%
Price / MAexp7: +22.95%
Price / MAexp20: +17.51%
Price / MAexp50: -86.15%
Price / MAexp100: -99.10%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on VOLCON INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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