HOUR LOOP INC. - 15 min. - Technical analysis published on 03/02/2022 (GMT)
- 135
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 2.56 USD
My targets
2.76 USD (+2.11%)
2.92 USD (+8.04%)
My analysis
A bullish trend on HOUR LOOP INC. both in substance and in the short term. A purchase could be considered as long as the price remains above 2.56 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 2.76 USD. Then the price could move towards 2.92 USD. Then 3.13 USD by extension. Be careful, a return below 2.56 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
6.6
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 aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HOUR LOOP INC. rating is 2.70 USD. The price has increased by +20.54% since the last closing and was traded between 2.21 USD and 2.78 USD over the period. The price is currently at +22.17% from its lowest and -2.88% from its highest.2.21
2.78
2.70
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of HOUR LOOP INC. indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.39 | 2.70 | 3.08 | 3.50 | 5.64 |
| Change (%) | -11.48% | - | +14.07% | +29.63% | +108.89% |
| Change | -0.31 | - | +0.38 | +0.80 | +2.94 |
| Level | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.78 | 1.99 | 2.35 | 2.56 | 2.92 | 3.13 | 3.49 |
| Camarilla | 2.54 | 2.60 | 2.65 | 2.70 | 2.75 | 2.81 | 2.86 |
| Woodie | 1.85 | 2.03 | 2.42 | 2.60 | 2.99 | 3.17 | 3.56 |
| Fibonacci | 1.99 | 2.21 | 2.35 | 2.56 | 2.78 | 2.92 | 3.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.35 | 1.62 | 1.92 | 2.19 | 2.49 | 2.76 | 3.06 |
| Camarilla | 2.07 | 2.13 | 2.18 | 2.23 | 2.28 | 2.34 | 2.39 |
| Woodie | 1.38 | 1.63 | 1.95 | 2.20 | 2.52 | 2.77 | 3.09 |
| Fibonacci | 1.62 | 1.83 | 1.97 | 2.19 | 2.40 | 2.54 | 2.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.39 | 1.14 | 1.70 | 2.45 | 3.01 | 3.76 | 4.32 |
| Camarilla | 1.91 | 2.03 | 2.15 | 2.27 | 2.39 | 2.51 | 2.63 |
| Woodie | 0.31 | 1.09 | 1.62 | 2.40 | 2.93 | 3.71 | 4.24 |
| Fibonacci | 1.14 | 1.64 | 1.95 | 2.45 | 2.95 | 3.26 | 3.76 |
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): | 57.54 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.02 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 2.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.33 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.19 | |
| Zig ZAG (10): | 2.30 | |
| VORTEX (21): | 0.7500 | |
| Stochastique (14,3,5): | 81.48 | |
| TEMA (21): | 2.27 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 5.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 2.06 |
| MA7: | 2.25 | |
| MA20: | 2.48 | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 2.27 | |
| MAexp20: | 2.26 | |
| MAexp50: | 2.26 | |
| MAexp100: | 2.26 | |
| Price / MA7: | +20.00% | |
| Price / MA20: | +8.87% | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +18.94% | |
| Price / MAexp20: | +19.47% | |
| Price / MAexp50: | +19.47% | |
| Price / MAexp100: | +19.47% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on HOUR LOOP INC. at the time of the analysis were as follows:
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 HOUR LOOP INC. - 15 min.