QUANT - QNT/USD - 1H - Technical analysis published on 06/29/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 75.98 USD
My targets
77.07 USD (+0.75%)
77.86 USD (+1.78%)
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 QUANT - QNT/USD. As long as you are above the support located at 75.98 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 77.07 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 77.86 USD as an objective. Crossing it would then enable buyers to target 79.42 USD. If the support 75.98 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
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
QUANT - QNT/USD rating 76.50 USD. The price is lower by -0.04% since the last closing and was between 75.53 USD and 79.39 USD. This implies that the price is at +1.28% from its lowest and at -3.64% from its highest.75.53
79.39
76.50
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of QUANT - QNT/USD indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 72.14 | 74.70 | 75.98 | 76.50 | 77.07 | 77.86 | 79.42 |
| Change (%) | -5.70% | -2.35% | -0.68% | - | +0.75% | +1.78% | +3.82% |
| Change | -4.36 | -1.80 | -0.52 | - | +0.57 | +1.36 | +2.92 |
| Level | Minor | Major | Minor | - | Major | 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 | 62.93 | 66.45 | 71.49 | 75.01 | 80.05 | 83.57 | 88.61 |
| Camarilla | 74.18 | 74.96 | 75.75 | 76.53 | 77.32 | 78.10 | 78.88 |
| Woodie | 63.69 | 66.83 | 72.25 | 75.39 | 80.81 | 83.95 | 89.37 |
| Fibonacci | 66.45 | 69.72 | 71.74 | 75.01 | 78.28 | 80.30 | 83.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.17 | 65.72 | 70.46 | 77.01 | 81.75 | 88.30 | 93.04 |
| Camarilla | 72.10 | 73.13 | 74.17 | 75.20 | 76.24 | 77.27 | 78.31 |
| Woodie | 58.27 | 65.27 | 69.56 | 76.56 | 80.85 | 87.85 | 92.14 |
| Fibonacci | 65.72 | 70.03 | 72.70 | 77.01 | 81.32 | 83.99 | 88.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.69 | 79.90 | 85.21 | 94.42 | 99.73 | 108.94 | 114.25 |
| Camarilla | 86.54 | 87.87 | 89.20 | 90.53 | 91.86 | 93.19 | 94.52 |
| Woodie | 68.75 | 78.93 | 83.27 | 93.45 | 97.79 | 107.97 | 112.31 |
| Fibonacci | 79.90 | 85.44 | 88.87 | 94.42 | 99.96 | 103.39 | 108.94 |
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): | 54.82 | |
| MACD (12,26,9): | 0.8800 | |
| Directional Movement: | 20.21 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 78.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 78.81 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 74.80 | |
| Zig ZAG (10): | 77.04 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 29.34 | |
| TEMA (21): | 78.40 | |
| Williams %R (14): | -93.47 | |
| Chande Momentum Oscillator (20): | -1.63 | |
| Repulse (5,40,3): | -1.1600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 3.74 |
| MA7: | 75.29 | |
| MA20: | 79.08 | |
| MA50: | 87.44 | |
| MA100: | 100.19 | |
| MAexp7: | 77.36 | |
| MAexp20: | 76.82 | |
| MAexp50: | 75.66 | |
| MAexp100: | 75.38 | |
| Price / MA7: | +1.61% | |
| Price / MA20: | -3.26% | |
| Price / MA50: | -12.51% | |
| Price / MA100: | -23.65% | |
| Price / MAexp7: | -1.11% | |
| Price / MAexp20: | -0.42% | |
| Price / MAexp50: | +1.11% | |
| Price / MAexp100: | +1.49% |
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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