QUANT - QNT/USD - 1H - Technical analysis published on 09/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 71.46 USD
My targets
63.74 USD (-9.29%)
58.52 USD (-16.72%)
My analysis
With a strongly bearish trend, the price of QUANT - QNT/USD is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 71.46 USD remains possible. It would be possible for traders to only trade short positions (for sale) on QUANT - QNT/USD as long as the price remains well below 71.46 USD. The next bearish objective for sellers is set at 63.74 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 58.52 USD. In case of crossing, the next objective would be the support located at 44.41 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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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 70.27 USD. The price registered a decrease of -0.45% on the session and was traded between 69.56 USD and 71.90 USD over the period. The price is currently at +1.02% from its lowest and -2.27% from its highest.69.56
71.90
70.27
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:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this QUANT - QNT/USD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
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 | 44.41 | 58.52 | 70.09 | 70.27 | 71.46 | 72.42 | 75.89 |
| Change (%) | -36.80% | -16.72% | -0.26% | - | +1.69% | +3.06% | +8.00% |
| Change | -25.86 | -11.75 | -0.18 | - | +1.19 | +2.15 | +5.62 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 65.19 | 67.40 | 69.00 | 71.21 | 72.81 | 75.02 | 76.62 |
| Camarilla | 69.54 | 69.89 | 70.24 | 70.59 | 70.94 | 71.29 | 71.64 |
| Woodie | 64.88 | 67.25 | 68.69 | 71.06 | 72.50 | 74.87 | 76.31 |
| Fibonacci | 67.40 | 68.86 | 69.76 | 71.21 | 72.67 | 73.57 | 75.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.00 | 53.12 | 63.74 | 70.86 | 81.48 | 88.60 | 99.22 |
| Camarilla | 69.49 | 71.12 | 72.74 | 74.37 | 76.00 | 77.62 | 79.25 |
| Woodie | 47.76 | 54.00 | 65.50 | 71.74 | 83.24 | 89.48 | 100.98 |
| Fibonacci | 53.12 | 59.89 | 64.08 | 70.86 | 77.63 | 81.82 | 88.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.79 | 39.46 | 50.93 | 61.60 | 73.07 | 83.74 | 95.21 |
| Camarilla | 56.32 | 58.35 | 60.38 | 62.41 | 64.44 | 66.47 | 68.50 |
| Woodie | 29.20 | 39.66 | 51.34 | 61.80 | 73.48 | 83.94 | 95.62 |
| Fibonacci | 39.46 | 47.91 | 53.14 | 61.60 | 70.05 | 75.28 | 83.74 |
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): | 45.48 | |
| MACD (12,26,9): | -0.2200 | |
| Directional Movement: | 3.55 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 69.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 69.83 | |
| Elder Ray (13): | -0.22 | |
| Super Trend (3,10): | 69.37 | |
| Zig ZAG (10): | 70.01 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 18.80 | |
| TEMA (21): | 70.25 | |
| Williams %R (14): | -80.39 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | -0.7900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 0.48 |
| MA7: | 73.27 | |
| MA20: | 67.11 | |
| MA50: | 65.77 | |
| MA100: | 70.88 | |
| MAexp7: | 70.20 | |
| MAexp20: | 70.31 | |
| MAexp50: | 71.16 | |
| MAexp100: | 71.98 | |
| Price / MA7: | -4.09% | |
| Price / MA20: | +4.71% | |
| Price / MA50: | +6.84% | |
| Price / MA100: | -0.86% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -1.25% | |
| Price / MAexp100: | -2.38% |
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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