QUANT - QNT/USD - 1H - Technical analysis published on 06/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 90.36 USD
My targets
92.26 USD (+1.37%)
93.41 USD (+2.64%)
My analysis
The basic trend is currently slightly bullish on QUANT - QNT/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 90.36 USD, purchases could be favourable. The first bullish objective would be the resistance located at 92.26 USD. Then the price could move towards 93.41 USD. Then 96.54 USD by extension. A return under the support to 90.36 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
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
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
QUANT - QNT/USD rating 91.01 USD. The price registered a decrease of -0.22% on the session and was between 89.48 USD and 91.81 USD. This implies that the price is at +1.71% from its lowest and at -0.87% from its highest.89.48
91.81
91.01
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of QUANT - QNT/USD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 89.77 | 90.36 | 90.83 | 91.01 | 91.53 | 92.26 | 92.73 |
| Change (%) | -1.36% | -0.71% | -0.20% | - | +0.57% | +1.37% | +1.89% |
| Change | -1.24 | -0.65 | -0.18 | - | +0.52 | +1.25 | +1.72 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | Minor |
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 | 88.45 | 89.23 | 90.22 | 91.00 | 91.99 | 92.77 | 93.76 |
| Camarilla | 90.72 | 90.89 | 91.05 | 91.21 | 91.37 | 91.54 | 91.70 |
| Woodie | 88.56 | 89.28 | 90.33 | 91.05 | 92.10 | 92.82 | 93.87 |
| Fibonacci | 89.23 | 89.91 | 90.32 | 91.00 | 91.68 | 92.09 | 92.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.05 | 86.08 | 88.48 | 91.51 | 93.91 | 96.94 | 99.34 |
| Camarilla | 89.40 | 89.90 | 90.39 | 90.89 | 91.39 | 91.89 | 92.38 |
| Woodie | 82.75 | 85.92 | 88.18 | 91.35 | 93.61 | 96.78 | 99.04 |
| Fibonacci | 86.08 | 88.15 | 89.43 | 91.51 | 93.58 | 94.86 | 96.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 66.48 | 77.79 | 84.16 | 95.47 | 101.84 | 113.15 | 119.52 |
| Camarilla | 85.67 | 87.29 | 88.91 | 90.53 | 92.15 | 93.77 | 95.39 |
| Woodie | 64.01 | 76.56 | 81.69 | 94.24 | 99.37 | 111.92 | 117.05 |
| Fibonacci | 77.79 | 84.54 | 88.72 | 95.47 | 102.22 | 106.40 | 113.15 |
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): | 55.40 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 0.92 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 90.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 89.72 | |
| Elder Ray (13): | 0.34 | |
| Super Trend (3,10): | 91.79 | |
| Zig ZAG (10): | 91.11 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 86.08 | |
| TEMA (21): | 90.85 | |
| Williams %R (14): | -5.59 | |
| Chande Momentum Oscillator (20): | 0.53 | |
| Repulse (5,40,3): | 0.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.12 |
| MA7: | 90.93 | |
| MA20: | 93.67 | |
| MA50: | 98.48 | |
| MA100: | 110.72 | |
| MAexp7: | 90.90 | |
| MAexp20: | 90.80 | |
| MAexp50: | 90.90 | |
| MAexp100: | 91.01 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | -2.84% | |
| Price / MA50: | -7.59% | |
| Price / MA100: | -17.80% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | -0% |
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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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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