ADVENTURE GOLD - AGLD/USD - 1H - Technical analysis published on 10/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 0.559038 USD
My targets
0.541643 USD (-1.29%)
0.536837 USD (-2.17%)
My analysis
ADVENTURE GOLD - AGLD/USD 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 0.559038 USD. The next support located at 0.541643 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.536837 USD. Below this support, sellers could then target 0.472808 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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.
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 0.548738 USD. On the day, this instrument lost -0.11% with the lowest point at 0.542299 USD and the highest point at 0.560576 USD. The deviation from the price is +1.19% for the low point and -2.11% for the high point.0.542299
0.560576
0.548738
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ADVENTURE GOLD - AGLD/USD in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. 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
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.472808 | 0.536837 | 0.541643 | 0.548738 | 0.549857 | 0.559038 | 0.570834 |
| Change (%) | -13.84% | -2.17% | -1.29% | - | +0.20% | +1.88% | +4.03% |
| Change | -0.075930 | -0.011901 | -0.007095 | - | +0.001119 | +0.010300 | +0.022096 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.501189 | 0.521490 | 0.535406 | 0.555707 | 0.569623 | 0.589924 | 0.603840 |
| Camarilla | 0.539913 | 0.543050 | 0.546186 | 0.549323 | 0.552460 | 0.555596 | 0.558733 |
| Woodie | 0.497998 | 0.519894 | 0.532215 | 0.554111 | 0.566432 | 0.588328 | 0.600649 |
| Fibonacci | 0.521490 | 0.534561 | 0.542636 | 0.555707 | 0.568778 | 0.576853 | 0.589924 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.474451 | 0.505627 | 0.532148 | 0.563324 | 0.589845 | 0.621021 | 0.647542 |
| Camarilla | 0.542803 | 0.548092 | 0.553381 | 0.558670 | 0.563959 | 0.569248 | 0.574537 |
| Woodie | 0.472125 | 0.504463 | 0.529822 | 0.562160 | 0.587519 | 0.619857 | 0.645216 |
| Fibonacci | 0.505627 | 0.527667 | 0.541283 | 0.563324 | 0.585364 | 0.598980 | 0.621021 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.026817 | 0.217091 | 0.410083 | 0.653991 | 0.846983 | 1.090891 | 1.283883 |
| Camarilla | 0.482927 | 0.522976 | 0.563025 | 0.603074 | 0.643123 | 0.683172 | 0.723222 |
| Woodie | -0.052276 | 0.204362 | 0.384624 | 0.641262 | 0.821524 | 1.078162 | 1.258424 |
| Fibonacci | 0.217091 | 0.383987 | 0.487096 | 0.653991 | 0.820887 | 0.923996 | 1.090891 |
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): | 44.37 | |
| MACD (12,26,9): | -0.0028 | |
| Directional Movement: | -6.884283 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.548215 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.543598 | |
| Elder Ray (13): | -0.000138 | |
| Super Trend (3,10): | 0.544156 | |
| Zig ZAG (10): | 0.549341 | |
| VORTEX (21): | 0.8466 | |
| Stochastique (14,3,5): | 63.77 | |
| TEMA (21): | 0.548435 | |
| Williams %R (14): | -61.60 | |
| Chande Momentum Oscillator (20): | 0.002349 | |
| Repulse (5,40,3): | -1.0490 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1163 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.556664 | |
| MA20: | 0.576628 | |
| MA50: | 0.581813 | |
| MA100: | 0.614562 | |
| MAexp7: | 0.551231 | |
| MAexp20: | 0.552743 | |
| MAexp50: | 0.557230 | |
| MAexp100: | 0.558972 | |
| Price / MA7: | -1.42% | |
| Price / MA20: | -4.84% | |
| Price / MA50: | -5.68% | |
| Price / MA100: | -10.71% | |
| Price / MAexp7: | -0.45% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | -1.52% | |
| Price / MAexp100: | -1.83% |
Quotes :
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Real time data
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Cryptocompare
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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