LIVEONE INC. - Daily - Technical analysis published on 04/03/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 1.82 USD
My targets
1.94 USD (+3.74%)
2.14 USD (+14.44%)
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 LIVEONE INC.. As long as you are above the support located at 1.82 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.94 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 2.14 USD as an objective. Crossing it would then enable buyers to target 3.46 USD. If the support 1.82 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by PawelBodytko. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LIVEONE INC. rating 1.87 USD. On the day, this instrument gained +1.08% and was traded between 1.84 USD and 1.89 USD over the period. The price is currently at +1.63% from its lowest and -1.06% from its highest.1.84
1.89
1.87
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
Technical
A technical analysis in Daily of this LIVEONE INC. chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.40 | 1.58 | 1.82 | 1.87 | 1.94 | 2.14 | 3.46 |
| Change (%) | -25.13% | -15.51% | -2.67% | - | +3.74% | +14.44% | +85.03% |
| Change | -0.47 | -0.29 | -0.05 | - | +0.07 | +0.27 | +1.59 |
| Level | Major | Major | Major | - | Intermediate | Major | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.79 | 1.82 | 1.84 | 1.87 | 1.89 | 1.92 | 1.94 |
| Camarilla | 1.86 | 1.86 | 1.87 | 1.87 | 1.88 | 1.88 | 1.88 |
| Woodie | 1.80 | 1.82 | 1.85 | 1.87 | 1.90 | 1.92 | 1.95 |
| Fibonacci | 1.82 | 1.84 | 1.85 | 1.87 | 1.89 | 1.90 | 1.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.60 | 1.71 | 1.83 | 1.94 | 2.06 | 2.17 | 2.29 |
| Camarilla | 1.89 | 1.91 | 1.93 | 1.95 | 1.97 | 1.99 | 2.01 |
| Woodie | 1.61 | 1.71 | 1.84 | 1.94 | 2.07 | 2.17 | 2.30 |
| Fibonacci | 1.71 | 1.80 | 1.85 | 1.94 | 2.03 | 2.08 | 2.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.93 | 1.22 | 1.58 | 1.87 | 2.23 | 2.52 | 2.88 |
| Camarilla | 1.77 | 1.83 | 1.89 | 1.95 | 2.01 | 2.07 | 2.13 |
| Woodie | 0.98 | 1.24 | 1.63 | 1.89 | 2.28 | 2.54 | 2.93 |
| Fibonacci | 1.22 | 1.47 | 1.62 | 1.87 | 2.12 | 2.27 | 2.52 |
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): | 52.93 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | -2.85 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 1.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.78 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 1.61 | |
| Zig ZAG (10): | 1.87 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 38.19 | |
| TEMA (21): | 1.96 | |
| Williams %R (14): | -71.79 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | -4.3400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.8300 | |
| Courbe Coppock: | 10.97 |
| MA7: | 1.93 | |
| MA20: | 1.91 | |
| MA50: | 1.67 | |
| MA100: | 1.41 | |
| MAexp7: | 1.91 | |
| MAexp20: | 1.87 | |
| MAexp50: | 1.70 | |
| MAexp100: | 1.54 | |
| Price / MA7: | -3.11% | |
| Price / MA20: | -2.09% | |
| Price / MA50: | +11.98% | |
| Price / MA100: | +32.62% | |
| Price / MAexp7: | -2.09% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +10.00% | |
| Price / MAexp100: | +21.43% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on LIVEONE INC. at the time of the generation of this analysis was as follows:
- LiveOne (Nasdaq: LVO) Announces $11.3M Series A Preferred Stock Conversion to Common Stock at $2.10 per Share, Led by Harvest Small Cap Partners Master, Ltd. and Trinad Capital Master Fund
- LiveOne (Nasdaq: LVO) Subsidiary Drumify Launches Subscription Marketplace Integrating Cyanite.ai Tech Stack
- LiveOne (Nasdaq: LVO) Surpasses 3.7M Total Members a +26% YoY Increase
- Update - LiveOne (NASDAQ: LVO) Hosts Event Celebrating Women in the Entertainment Industry
- LiveOne (NASDAQ: LVO) Hosts Event Celebrating Women in the Entertainment Industry
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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