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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. - 1H - Technical analysis published on 06/07/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - 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: Strongly bearish
Underlying: Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 9.4833 USD
My targets
8.8000 USD (-6.28%)
My analysis
VOLCON INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 9.4833 USD. The next support located at 8.8000 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem 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
5

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.

euletthomas
This analysis was given by euletthomas. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The VOLCON INC. rating is 9.3900 USD. The price has increased by +6,607.14% since the last closing with the lowest point at 9.1950 USD and the highest point at 10.9900 USD. The deviation from the price is +2.12% for the low point and -14.56% for the high point.

9.1950
10.9900
9.3900

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

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 results:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



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

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of VOLCON INC. indicates that the overall trend is strongly bearish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 9.3900 12.1600 22.7815 27.0000
Change (%) - +29.50% +142.61% +187.54%
Change - +2.7700 +13.3915 +17.6100
Level - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.900011.820012.910013.830014.920015.840016.9300
Camarilla13.447313.631513.815814.000014.184314.368514.5528
Woodie10.985011.862512.995013.872515.005015.882517.0150
Fibonacci11.820012.587813.062213.830014.597815.072215.8400


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.800012.980015.340019.520021.880026.060028.4200
Camarilla15.901516.501017.100517.700018.299518.899019.4985
Woodie7.890012.525014.430019.065020.970025.605027.5100
Fibonacci12.980015.478317.021719.520022.018323.561726.0600


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-14.62671.26679.483325.376733.593349.486757.7033
Camarilla11.069813.279815.489917.700019.910122.120224.3303
Woodie-18.4650-0.65255.645023.457529.755047.567553.8650
Fibonacci1.266710.476716.166725.376734.586740.276749.4867

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): 43.64
MACD (12,26,9): -0.8560
Directional Movement: -3.5854
AROON (14): -7.1429
DEMA (21): 13.3561
Parabolic SAR (0,02-0,02-0,2): 16.0743
Elder Ray (13): 0.1615
Super Trend (3,10): 15.5333
Zig ZAG (10): 14.3900
VORTEX (21): 1.0122
Stochastique (14,3,5): 55.02
TEMA (21): 13.4968
Williams %R (14): -13.90
Chande Momentum Oscillator (20): 1.2000
Repulse (5,40,3): 2.0831
ROCnROLL: -1
TRIX (15,9): -0.9482
Courbe Coppock: 21.00
MA7: 16.7329
MA20: 23.5960
MA50: 28.4440
MA100: 130.5491
MAexp7: 14.0425
MAexp20: 14.6043
MAexp50: 16.6251
MAexp100: 19.3911
Price / MA7: -43.88%
Price / MA20: -60.21%
Price / MA50: -66.99%
Price / MA100: -92.81%
Price / MAexp7: -33.13%
Price / MAexp20: -35.70%
Price / MAexp50: -43.52%
Price / MAexp100: -51.58%

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.

About author

Londinia
Londinia AI

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