GALA - GALA/USD - 1H - Technical analysis published on 10/23/2022 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
11%
56%
33%
My opinion
Neutral between 0.032040 USD and 0.034966 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.034966 USD. The first support is located at 0.032040 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GALA - GALA/USD.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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Additional analysis
Quotes
GALA - GALA/USD rating 0.033390 USD. The price is lower by -0.03% since the last closing and was traded between 0.032480 USD and 0.033690 USD over the period. The price is currently at +2.80% from its lowest and -0.89% from its highest.0.032480
0.033690
0.033390
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GALA - GALA/USD:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GALA - GALA/USD in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.032040 | 0.033390 | 0.033402 | 0.034966 | 0.036342 |
| Change (%) | -4.04% | - | +0.04% | +4.72% | +8.84% |
| Change | -0.001350 | - | +0.000012 | +0.001576 | +0.002952 |
| Level | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.031997 | 0.032353 | 0.032877 | 0.033233 | 0.033757 | 0.034113 | 0.034637 |
| Camarilla | 0.033158 | 0.033239 | 0.033319 | 0.033400 | 0.033481 | 0.033561 | 0.033642 |
| Woodie | 0.032080 | 0.032395 | 0.032960 | 0.033275 | 0.033840 | 0.034155 | 0.034720 |
| Fibonacci | 0.032353 | 0.032690 | 0.032897 | 0.033233 | 0.033570 | 0.033777 | 0.034113 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024143 | 0.027807 | 0.030603 | 0.034267 | 0.037063 | 0.040727 | 0.043523 |
| Camarilla | 0.031624 | 0.032216 | 0.032808 | 0.033400 | 0.033992 | 0.034584 | 0.035177 |
| Woodie | 0.023710 | 0.027590 | 0.030170 | 0.034050 | 0.036630 | 0.040510 | 0.043090 |
| Fibonacci | 0.027807 | 0.030274 | 0.031799 | 0.034267 | 0.036734 | 0.038259 | 0.040727 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019480 | 0.028970 | 0.034760 | 0.044250 | 0.050040 | 0.059530 | 0.065320 |
| Camarilla | 0.036348 | 0.037749 | 0.039149 | 0.040550 | 0.041951 | 0.043351 | 0.044752 |
| Woodie | 0.017630 | 0.028045 | 0.032910 | 0.043325 | 0.048190 | 0.058605 | 0.063470 |
| Fibonacci | 0.028970 | 0.034807 | 0.038413 | 0.044250 | 0.050087 | 0.053693 | 0.059530 |
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): | 41.04 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -10.382535 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.032947 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.033151 | |
| Elder Ray (13): | -0.000145 | |
| Super Trend (3,10): | 0.033546 | |
| Zig ZAG (10): | 0.032830 | |
| VORTEX (21): | 0.9140 | |
| Stochastique (14,3,5): | 32.56 | |
| TEMA (21): | 0.032822 | |
| Williams %R (14): | -70.80 | |
| Chande Momentum Oscillator (20): | -0.000590 | |
| Repulse (5,40,3): | -0.1014 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0252 | |
| Courbe Coppock: | 3.07 |
| MA7: | 0.033977 | |
| MA20: | 0.037582 | |
| MA50: | 0.042075 | |
| MA100: | 0.049164 | |
| MAexp7: | 0.032910 | |
| MAexp20: | 0.033066 | |
| MAexp50: | 0.033177 | |
| MAexp100: | 0.033573 | |
| Price / MA7: | -1.73% | |
| Price / MA20: | -11.15% | |
| Price / MA50: | -20.64% | |
| Price / MA100: | -32.08% | |
| Price / MAexp7: | +1.46% | |
| Price / MAexp20: | +0.98% | |
| Price / MAexp50: | +0.64% | |
| Price / MAexp100: | -0.55% |
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.
About author
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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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