ADVENTURE GOLD - AGLD/USD - 1H - Technical analysis published on 10/20/2024 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.17 USD
My targets
1.21 USD (+0.83%)
1.30 USD (+8.33%)
My analysis
The basic bullish trend is very strong on ADVENTURE GOLD - AGLD/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.17 USD. Crossing the first resistance at 1.21 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1.30 USD as an objective. Crossing it would then enable buyers to target 1.56 USD. Caution, a return to below 1.17 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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Additional analysis
Quotes
The ADVENTURE GOLD - AGLD/USD rating is 1.20 USD. The price has increased by +0.84% since the last closing and was between 1.19 USD and 1.20 USD. This implies that the price is at +0.84% from its lowest and at 0% from its highest.1.19
1.20
1.20
Here is a more detailed summary of the historical variations registered by ADVENTURE GOLD - AGLD/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ADVENTURE GOLD - AGLD/USD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.08 | 1.12 | 1.17 | 1.20 | 1.21 | 1.30 | 1.56 |
| Change (%) | -10.00% | -6.67% | -2.50% | - | +0.83% | +8.33% | +30.00% |
| Change | -0.12 | -0.08 | -0.03 | - | +0.01 | +0.10 | +0.36 |
| Level | Major | Minor | Minor | - | Intermediate | Major | Intermediate |
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 | 1.11 | 1.14 | 1.16 | 1.19 | 1.21 | 1.24 | 1.26 |
| Camarilla | 1.18 | 1.18 | 1.19 | 1.19 | 1.20 | 1.20 | 1.20 |
| Woodie | 1.12 | 1.14 | 1.17 | 1.19 | 1.22 | 1.24 | 1.27 |
| Fibonacci | 1.14 | 1.16 | 1.17 | 1.19 | 1.21 | 1.22 | 1.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.83 | 0.91 | 1.05 | 1.13 | 1.27 | 1.35 | 1.49 |
| Camarilla | 1.13 | 1.15 | 1.17 | 1.19 | 1.21 | 1.23 | 1.25 |
| Woodie | 0.86 | 0.93 | 1.08 | 1.15 | 1.30 | 1.37 | 1.52 |
| Fibonacci | 0.91 | 0.99 | 1.05 | 1.13 | 1.21 | 1.27 | 1.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.34 | 0.50 | 0.70 | 0.86 | 1.06 | 1.22 | 1.42 |
| Camarilla | 0.81 | 0.84 | 0.88 | 0.91 | 0.94 | 0.98 | 1.01 |
| Woodie | 0.37 | 0.51 | 0.73 | 0.87 | 1.09 | 1.23 | 1.45 |
| Fibonacci | 0.50 | 0.63 | 0.72 | 0.86 | 0.99 | 1.08 | 1.22 |
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): | 63.03 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 4.97 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.17 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.17 | |
| Zig ZAG (10): | 1.19 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 93.74 | |
| TEMA (21): | 1.19 | |
| Williams %R (14): | -7.24 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 1.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 3.01 |
| MA7: | 1.15 | |
| MA20: | 1.00 | |
| MA50: | 0.90 | |
| MA100: | 0.87 | |
| MAexp7: | 1.19 | |
| MAexp20: | 1.18 | |
| MAexp50: | 1.17 | |
| MAexp100: | 1.14 | |
| Price / MA7: | +4.35% | |
| Price / MA20: | +20.00% | |
| Price / MA50: | +33.33% | |
| Price / MA100: | +37.93% | |
| Price / MAexp7: | +0.84% | |
| Price / MAexp20: | +1.69% | |
| Price / MAexp50: | +2.56% | |
| Price / MAexp100: | +5.26% |
Quotes :
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Real time data
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