RALLY - RLY/USD - 1H - Technical analysis published on 04/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.012587 USD
My targets
0.013410 USD (+3.63%)
0.013808 USD (+6.71%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on RALLY - RLY/USD as long as the price remains well above 0.012587 USD. The buyers' bullish objective is set at 0.013410 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.013808 USD. If there is any crossing, the next objective would be the resistance located at 0.014698 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RALLY - RLY/USD rating 0.012940 USD. The price registered an increase of +6.15% on the session and was between 0.012090 USD and 0.013460 USD. This implies that the price is at +7.03% from its lowest and at -3.86% from its highest.0.012090
0.013460
0.012940
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of RALLY - RLY/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
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 | 0.011410 | 0.011940 | 0.012587 | 0.012940 | 0.013410 | 0.013808 | 0.014698 |
| Change (%) | -11.82% | -7.73% | -2.73% | - | +3.63% | +6.71% | +13.59% |
| Change | -0.001530 | -0.001000 | -0.000353 | - | +0.000470 | +0.000868 | +0.001758 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010680 | 0.011390 | 0.011790 | 0.012500 | 0.012900 | 0.013610 | 0.014010 |
| Camarilla | 0.011885 | 0.011987 | 0.012088 | 0.012190 | 0.012292 | 0.012394 | 0.012495 |
| Woodie | 0.010525 | 0.011313 | 0.011635 | 0.012423 | 0.012745 | 0.013533 | 0.013855 |
| Fibonacci | 0.011390 | 0.011814 | 0.012076 | 0.012500 | 0.012924 | 0.013186 | 0.013610 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007543 | 0.009477 | 0.010833 | 0.012767 | 0.014123 | 0.016057 | 0.017413 |
| Camarilla | 0.011285 | 0.011587 | 0.011888 | 0.012190 | 0.012492 | 0.012793 | 0.013095 |
| Woodie | 0.007255 | 0.009333 | 0.010545 | 0.012623 | 0.013835 | 0.015913 | 0.017125 |
| Fibonacci | 0.009477 | 0.010733 | 0.011510 | 0.012767 | 0.014023 | 0.014800 | 0.016057 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.023817 | -0.006203 | 0.003433 | 0.021047 | 0.030683 | 0.048297 | 0.057933 |
| Camarilla | 0.005576 | 0.008074 | 0.010572 | 0.013070 | 0.015568 | 0.018066 | 0.020564 |
| Woodie | -0.027805 | -0.008198 | -0.000555 | 0.019053 | 0.026695 | 0.046303 | 0.053945 |
| Fibonacci | -0.006203 | 0.004206 | 0.010637 | 0.021047 | 0.031456 | 0.037887 | 0.048297 |
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): | 53.57 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.025183 | |
| AROON (14): | 21.428571 | |
| DEMA (21): | 0.012789 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.012196 | |
| Elder Ray (13): | 0.000210 | |
| Super Trend (3,10): | 0.012030 | |
| Zig ZAG (10): | 0.012950 | |
| VORTEX (21): | 1.0334 | |
| Stochastique (14,3,5): | 62.77 | |
| TEMA (21): | 0.012858 | |
| Williams %R (14): | -37.23 | |
| Chande Momentum Oscillator (20): | 0.000400 | |
| Repulse (5,40,3): | -2.0553 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0493 | |
| Courbe Coppock: | 4.32 |
| MA7: | 0.012670 | |
| MA20: | 0.014430 | |
| MA50: | 0.014901 | |
| MA100: | 0.012568 | |
| MAexp7: | 0.012899 | |
| MAexp20: | 0.012774 | |
| MAexp50: | 0.012775 | |
| MAexp100: | 0.012846 | |
| Price / MA7: | +2.13% | |
| Price / MA20: | -10.33% | |
| Price / MA50: | -13.16% | |
| Price / MA100: | +2.96% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | +1.30% | |
| Price / MAexp50: | +1.29% | |
| Price / MAexp100: | +0.73% |
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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