ADVENTURE GOLD - AGLD/USD - 1H - Technical analysis published on 05/14/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 1.00 USD
My targets
0.98 USD (-1.01%)
0.96 USD (-3.03%)
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 ADVENTURE GOLD - AGLD/USD. As long as you are under the resistance located at 1.00 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.98 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 0.96 USD as an objective. Crossing it would then enable sellers to target 0.94 USD. If the resistance 1.00 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 neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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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 0.99 USD. The price has increased by +1.02% since the last closing and was between 0.98 USD and 0.99 USD. This implies that the price is at +1.02% from its lowest and at 0% from its highest.0.98
0.99
0.99
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.94 | 0.96 | 0.98 | 0.99 | 1.00 | 1.02 | 1.06 |
| Change (%) | -5.05% | -3.03% | -1.01% | - | +1.01% | +3.03% | +7.07% |
| Change | -0.05 | -0.03 | -0.01 | - | +0.01 | +0.03 | +0.07 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Major |
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 | 0.86 | 0.90 | 0.94 | 0.98 | 1.02 | 1.06 | 1.10 |
| Camarilla | 0.96 | 0.97 | 0.97 | 0.98 | 0.99 | 1.00 | 1.00 |
| Woodie | 0.86 | 0.90 | 0.94 | 0.98 | 1.02 | 1.06 | 1.10 |
| Fibonacci | 0.90 | 0.93 | 0.95 | 0.98 | 1.01 | 1.03 | 1.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.81 | 0.88 | 0.95 | 1.02 | 1.09 | 1.16 | 1.23 |
| Camarilla | 0.97 | 0.98 | 1.00 | 1.01 | 1.02 | 1.04 | 1.05 |
| Woodie | 0.80 | 0.88 | 0.94 | 1.02 | 1.08 | 1.16 | 1.22 |
| Fibonacci | 0.88 | 0.94 | 0.97 | 1.02 | 1.08 | 1.11 | 1.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.10 | 0.39 | 0.73 | 1.22 | 1.56 | 2.05 | 2.39 |
| Camarilla | 0.83 | 0.91 | 0.98 | 1.06 | 1.14 | 1.21 | 1.29 |
| Woodie | -0.19 | 0.35 | 0.65 | 1.18 | 1.48 | 2.01 | 2.31 |
| Fibonacci | 0.39 | 0.71 | 0.91 | 1.22 | 1.54 | 1.74 | 2.05 |
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): | 48.29 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.14 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 0.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.02 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 0.97 | |
| Zig ZAG (10): | 0.99 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 14.35 | |
| TEMA (21): | 0.99 | |
| Williams %R (14): | -77.94 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.88 |
| MA7: | 1.02 | |
| MA20: | 1.06 | |
| MA50: | 1.25 | |
| MA100: | 1.36 | |
| MAexp7: | 0.99 | |
| MAexp20: | 0.99 | |
| MAexp50: | 1.00 | |
| MAexp100: | 1.01 | |
| Price / MA7: | -2.94% | |
| Price / MA20: | -6.60% | |
| Price / MA50: | -20.80% | |
| Price / MA100: | -27.21% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -1.00% | |
| Price / MAexp100: | -1.98% |
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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