RALLY - RLY/USD - 1H - Technical analysis published on 11/15/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.011394 USD
My targets
0.010000 USD (-7.41%)
0.009301 USD (-13.88%)
My analysis
In a bearish trend, the price of RALLY - RLY/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.011394 USD. A bearish break in the support located at 0.010000 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.009301 USD. PS: if there is a bullish break in the resistance located at 0.011394 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
0.4
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Additional analysis
Quotes
The RALLY - RLY/USD price is 0.010800 USD. On the day, this instrument gained +9.08% with the lowest point at 0.009211 USD and the highest point at 0.010800 USD. The deviation from the price is +17.25% for the low point and 0% for the high point.0.009211
0.010800
0.010800
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RALLY - RLY/USD:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of RALLY - RLY/USD indicates that the overall trend is bearish. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.009301 | 0.010000 | 0.010800 | 0.011394 | 0.012600 | 0.016500 |
| Change (%) | -13.88% | -7.41% | - | +5.50% | +16.67% | +52.78% |
| Change | -0.001499 | -0.000800 | - | +0.000594 | +0.001800 | +0.005700 |
| Level | Minor | 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 | 0.007436 | 0.008368 | 0.009135 | 0.010067 | 0.010834 | 0.011766 | 0.012533 |
| Camarilla | 0.009434 | 0.009590 | 0.009745 | 0.009901 | 0.010057 | 0.010213 | 0.010368 |
| Woodie | 0.007353 | 0.008327 | 0.009052 | 0.010026 | 0.010751 | 0.011725 | 0.012450 |
| Fibonacci | 0.008368 | 0.009017 | 0.009418 | 0.010067 | 0.010716 | 0.011117 | 0.011766 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004467 | 0.002767 | 0.006833 | 0.014067 | 0.018133 | 0.025367 | 0.029433 |
| Camarilla | 0.007793 | 0.008828 | 0.009864 | 0.010900 | 0.011936 | 0.012972 | 0.014008 |
| Woodie | -0.006050 | 0.001975 | 0.005250 | 0.013275 | 0.016550 | 0.024575 | 0.027850 |
| Fibonacci | 0.002767 | 0.007083 | 0.009750 | 0.014067 | 0.018383 | 0.021050 | 0.025367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004733 | 0.004633 | 0.009567 | 0.018933 | 0.023867 | 0.033233 | 0.038167 |
| Camarilla | 0.010568 | 0.011878 | 0.013189 | 0.014500 | 0.015811 | 0.017122 | 0.018433 |
| Woodie | -0.006950 | 0.003525 | 0.007350 | 0.017825 | 0.021650 | 0.032125 | 0.035950 |
| Fibonacci | 0.004633 | 0.010096 | 0.013471 | 0.018933 | 0.024396 | 0.027771 | 0.033233 |
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): | 49.29 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -7.545698 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.010014 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.010392 | |
| Elder Ray (13): | -0.000020 | |
| Super Trend (3,10): | 0.010676 | |
| Zig ZAG (10): | 0.010000 | |
| VORTEX (21): | 1.0580 | |
| Stochastique (14,3,5): | 52.65 | |
| TEMA (21): | 0.010061 | |
| Williams %R (14): | -47.01 | |
| Chande Momentum Oscillator (20): | -0.000400 | |
| Repulse (5,40,3): | 0.3835 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0651 | |
| Courbe Coppock: | 4.30 |
| MA7: | 0.010714 | |
| MA20: | 0.013620 | |
| MA50: | 0.016640 | |
| MA100: | 0.024322 | |
| MAexp7: | 0.010044 | |
| MAexp20: | 0.010104 | |
| MAexp50: | 0.010308 | |
| MAexp100: | 0.010857 | |
| Price / MA7: | +0.80% | |
| Price / MA20: | -20.70% | |
| Price / MA50: | -35.10% | |
| Price / MA100: | -55.60% | |
| Price / MAexp7: | +7.53% | |
| Price / MAexp20: | +6.89% | |
| Price / MAexp50: | +4.77% | |
| Price / MAexp100: | -0.53% |
Quotes :
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Real time data
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Cryptocompare
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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