TRUEFI - TRU/EUR - 1H - Technical analysis published on 12/05/2024 (GMT)
- 113
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.141983 EUR
My targets
0.119300 EUR (-9.08%)
0.111827 EUR (-14.77%)
My analysis
The strong short-term decline of TRUEFI - TRU/EUR reinforces the current slightly bearish trend. As long as the price remains below 0.141983 EUR, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.119300 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.111827 EUR as an objective. Crossing it would then enable sellers to target 0.105985 EUR. A return to above 0.141983 EUR would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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.
This analysis was given by Mask1290. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TRUEFI - TRU/EUR price is 0.131210 EUR. The price is lower by -2.39% since the last closing with the lowest point at 0.128210 EUR and the highest point at 0.137400 EUR. The deviation from the price is +2.34% for the low point and -4.51% for the high point.0.128210
0.137400
0.131210
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this TRUEFI - TRU/EUR chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
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 | 0.094177 | 0.105985 | 0.119300 | 0.131210 | 0.131280 | 0.147082 | 0.159730 |
| Change (%) | -28.22% | -19.22% | -9.08% | - | +0.05% | +12.10% | +21.74% |
| Change | -0.037033 | -0.025225 | -0.011910 | - | +0.000070 | +0.015872 | +0.028520 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | 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 | 0.115057 | 0.124053 | 0.129237 | 0.138233 | 0.143417 | 0.152413 | 0.157597 |
| Camarilla | 0.130521 | 0.131820 | 0.133120 | 0.134420 | 0.135720 | 0.137020 | 0.138320 |
| Woodie | 0.113150 | 0.123100 | 0.127330 | 0.137280 | 0.141510 | 0.151460 | 0.155690 |
| Fibonacci | 0.124053 | 0.129470 | 0.132817 | 0.138233 | 0.143650 | 0.146997 | 0.152413 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040603 | 0.061137 | 0.091293 | 0.111827 | 0.141983 | 0.162517 | 0.192673 |
| Camarilla | 0.107510 | 0.112157 | 0.116803 | 0.121450 | 0.126097 | 0.130743 | 0.135390 |
| Woodie | 0.045415 | 0.063543 | 0.096105 | 0.114233 | 0.146795 | 0.164923 | 0.197485 |
| Fibonacci | 0.061137 | 0.080500 | 0.092463 | 0.111827 | 0.131190 | 0.143153 | 0.162517 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001097 | 0.027777 | 0.074613 | 0.103487 | 0.150323 | 0.179197 | 0.226033 |
| Camarilla | 0.100630 | 0.107570 | 0.114510 | 0.121450 | 0.128390 | 0.135330 | 0.142270 |
| Woodie | 0.007885 | 0.032268 | 0.083595 | 0.107978 | 0.159305 | 0.183688 | 0.235015 |
| Fibonacci | 0.027777 | 0.056698 | 0.074565 | 0.103487 | 0.132408 | 0.150275 | 0.179197 |
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): | 39.84 | |
| MACD (12,26,9): | -0.0020 | |
| Directional Movement: | -9.278691 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.132003 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.128369 | |
| Elder Ray (13): | -0.002346 | |
| Super Trend (3,10): | 0.139052 | |
| Zig ZAG (10): | 0.130990 | |
| VORTEX (21): | 0.8391 | |
| Stochastique (14,3,5): | 38.29 | |
| TEMA (21): | 0.130284 | |
| Williams %R (14): | -65.12 | |
| Chande Momentum Oscillator (20): | -0.001470 | |
| Repulse (5,40,3): | -1.5642 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2106 | |
| Courbe Coppock: | 5.22 |
| MA7: | 0.125969 | |
| MA20: | 0.102707 | |
| MA50: | 0.085485 | |
| MA100: | 0.083583 | |
| MAexp7: | 0.132034 | |
| MAexp20: | 0.134725 | |
| MAexp50: | 0.135289 | |
| MAexp100: | 0.130835 | |
| Price / MA7: | +4.16% | |
| Price / MA20: | +27.75% | |
| Price / MA50: | +53.49% | |
| Price / MA100: | +56.98% | |
| Price / MAexp7: | -0.62% | |
| Price / MAexp20: | -2.61% | |
| Price / MAexp50: | -3.02% | |
| Price / MAexp100: | +0.29% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis TRUEFI - TRU/EUR - 1H