ADVENTURE GOLD - AGLD/USD - Daily - Technical analysis published on 03/21/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
44%
22%
33%
My opinion
Bearish under 0.430500 USD
My targets
0.372800 USD (-10.83%)
0.339038 USD (-18.91%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for ADVENTURE GOLD - AGLD/USD as long as the price remains well below 0.430500 USD. The next bearish objective for sellers is set at 0.372800 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.339038 USD. In case of crossing, the next objective would be the support located at 0.206300 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 0.372800 USD. With this support, against the trend traders who want to buy ADVENTURE GOLD - AGLD/USD on a buy signal from their trading strategy should not hesitate to act.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ADVENTURE GOLD - AGLD/USD rating is 0.418100 USD. On the day, this instrument lost -0.07% and was traded between 0.416100 USD and 0.424900 USD over the period. The price is currently at +0.48% from its lowest and -1.60% from its highest.0.416100
0.424900
0.418100
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of ADVENTURE GOLD - AGLD/USD in Daily shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Moving Average bearish crossovers : MA20 & MA50
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 scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.206300 | 0.339038 | 0.372800 | 0.418100 | 0.430500 | 0.511100 | 0.577400 |
| Change (%) | -50.66% | -18.91% | -10.83% | - | +2.97% | +22.24% | +38.10% |
| Change | -0.211800 | -0.079062 | -0.045300 | - | +0.012400 | +0.093000 | +0.159300 |
| Level | Minor | Major | Major | - | Intermediate | Minor | 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 | 0.363433 | 0.390067 | 0.404233 | 0.430867 | 0.445033 | 0.471667 | 0.485833 |
| Camarilla | 0.407180 | 0.410920 | 0.414660 | 0.418400 | 0.422140 | 0.425880 | 0.429620 |
| Woodie | 0.357200 | 0.386950 | 0.398000 | 0.427750 | 0.438800 | 0.468550 | 0.479600 |
| Fibonacci | 0.390067 | 0.405652 | 0.415281 | 0.430867 | 0.446452 | 0.456081 | 0.471667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.227533 | 0.287667 | 0.361533 | 0.421667 | 0.495533 | 0.555667 | 0.629533 |
| Camarilla | 0.398550 | 0.410833 | 0.423117 | 0.435400 | 0.447683 | 0.459967 | 0.472250 |
| Woodie | 0.234400 | 0.291100 | 0.368400 | 0.425100 | 0.502400 | 0.559100 | 0.636400 |
| Fibonacci | 0.287667 | 0.338855 | 0.370479 | 0.421667 | 0.472855 | 0.504479 | 0.555667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.140933 | 0.096233 | 0.339967 | 0.577133 | 0.820867 | 1.058033 | 1.301767 |
| Camarilla | 0.451453 | 0.495535 | 0.539618 | 0.583700 | 0.627783 | 0.671865 | 0.715948 |
| Woodie | -0.137650 | 0.097875 | 0.343250 | 0.578775 | 0.824150 | 1.059675 | 1.305050 |
| Fibonacci | 0.096233 | 0.279937 | 0.393430 | 0.577133 | 0.760837 | 0.874330 | 1.058033 |
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): | 47.49 | |
| MACD (12,26,9): | -0.0099 | |
| Directional Movement: | 9.029187 | |
| AROON (14): | 21.428571 | |
| DEMA (21): | 0.426081 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.341886 | |
| Elder Ray (13): | -0.009845 | |
| Super Trend (3,10): | 0.535080 | |
| Zig ZAG (10): | 0.421300 | |
| VORTEX (21): | 0.8541 | |
| Stochastique (14,3,5): | 63.74 | |
| TEMA (21): | 0.405776 | |
| Williams %R (14): | -43.45 | |
| Chande Momentum Oscillator (20): | 0.036300 | |
| Repulse (5,40,3): | -7.9826 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3646 | |
| Courbe Coppock: | 11.32 |
| MA7: | 0.426357 | |
| MA20: | 0.433575 | |
| MA50: | 0.442508 | |
| MA100: | 0.366030 | |
| MAexp7: | 0.425756 | |
| MAexp20: | 0.436951 | |
| MAexp50: | 0.426742 | |
| MAexp100: | 0.393593 | |
| Price / MA7: | -1.94% | |
| Price / MA20: | -3.57% | |
| Price / MA50: | -5.52% | |
| Price / MA100: | +14.23% | |
| Price / MAexp7: | -1.80% | |
| Price / MAexp20: | -4.31% | |
| Price / MAexp50: | -2.03% | |
| Price / MAexp100: | +6.23% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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