INJECTIVE - INJ/USD - 1H - Technical analysis published on 11/09/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 22.18 USD
My targets
22.52 USD (+0.37%)
23.57 USD (+5.04%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INJECTIVE - INJ/USD as long as the price remains well above 22.18 USD. The buyers' bullish objective is set at 22.52 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 23.57 USD. If there is any crossing, the next objective would be the resistance located at 25.67 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7
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.
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Additional analysis
Quotes
The INJECTIVE - INJ/USD rating is 22.44 USD. On the day, this instrument lost -0.05% and was traded between 21.96 USD and 22.83 USD over the period. The price is currently at +2.19% from its lowest and -1.71% from its highest.21.96
22.83
22.44
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INJECTIVE - INJ/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of INJECTIVE - INJ/USD in 1H shows a strongly overall bullish trend. 82.14% 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. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 18.63 | 20.30 | 22.18 | 22.44 | 23.57 | 25.67 | 27.73 |
Change (%) | -16.98% | -9.54% | -1.16% | - | +5.04% | +14.39% | +23.57% |
Change | -3.81 | -2.14 | -0.26 | - | +1.13 | +3.23 | +5.29 |
Level | Major | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 20.24 | 20.92 | 21.69 | 22.37 | 23.14 | 23.82 | 24.59 |
Camarilla | 22.05 | 22.18 | 22.32 | 22.45 | 22.58 | 22.72 | 22.85 |
Woodie | 20.28 | 20.94 | 21.73 | 22.39 | 23.18 | 23.84 | 24.63 |
Fibonacci | 20.92 | 21.48 | 21.82 | 22.37 | 22.93 | 23.27 | 23.82 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14.18 | 15.97 | 16.96 | 18.75 | 19.74 | 21.53 | 22.52 |
Camarilla | 17.20 | 17.45 | 17.71 | 17.96 | 18.22 | 18.47 | 18.73 |
Woodie | 13.79 | 15.77 | 16.57 | 18.55 | 19.35 | 21.33 | 22.13 |
Fibonacci | 15.97 | 17.03 | 17.69 | 18.75 | 19.81 | 20.47 | 21.53 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 8.18 | 12.69 | 15.86 | 20.37 | 23.54 | 28.05 | 31.22 |
Camarilla | 16.93 | 17.63 | 18.34 | 19.04 | 19.74 | 20.45 | 21.15 |
Woodie | 7.52 | 12.36 | 15.20 | 20.04 | 22.88 | 27.72 | 30.56 |
Fibonacci | 12.69 | 15.62 | 17.43 | 20.37 | 23.30 | 25.11 | 28.05 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 57.28 | |
MACD (12,26,9): | 0.1300 | |
Directional Movement: | 13.02 | |
AROON (14): | -21.43 | |
DEMA (21): | 22.61 | |
Parabolic SAR (0,02-0,02-0,2): | 22.01 | |
Elder Ray (13): | 0.14 | |
Super Trend (3,10): | 21.77 | |
Zig ZAG (10): | 22.60 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 73.78 | |
TEMA (21): | 22.51 | |
Williams %R (14): | -28.51 | |
Chande Momentum Oscillator (20): | 0.21 | |
Repulse (5,40,3): | -0.1100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0800 | |
Courbe Coppock: | 0.23 |
MA7: | 19.78 | |
MA20: | 19.60 | |
MA50: | 20.59 | |
MA100: | 19.50 | |
MAexp7: | 22.53 | |
MAexp20: | 22.41 | |
MAexp50: | 21.95 | |
MAexp100: | 21.03 | |
Price / MA7: | +13.45% | |
Price / MA20: | +14.49% | |
Price / MA50: | +8.98% | |
Price / MA100: | +15.08% | |
Price / MAexp7: | -0.40% | |
Price / MAexp20: | +0.13% | |
Price / MAexp50: | +2.23% | |
Price / MAexp100: | +6.70% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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