DIRECT DIGITAL HLD. - 15 min. - Technical analysis published on 03/09/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 1.86 USD
My targets
2.45 USD (+10.00%)
2.69 USD (+20.63%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DIRECT DIGITAL HLD.. This is a positive signal for buyers. As long as the price remains above 1.86 USD, a purchase could be considered. The first bullish objective is located at 2.45 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.69 USD as an objective. Crossing it would then enable buyers to target 3.50 USD. In the event of a return below 1.86 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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Additional analysis
Quotes
The DIRECT DIGITAL HLD. price is 2.23 USD. On the day, this instrument gained +85.83% and was traded between 1.86 USD and 2.50 USD over the period. The price is currently at +19.89% from its lowest and -10.80% from its highest.1.86
2.50
2.23
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DIRECT DIGITAL HLD.:
New HIGH record (1 month)
Type : Bullish
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 DIRECT DIGITAL HLD. in 15 min. shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
Price
| S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.44 | 2.14 | 2.23 | 2.69 | 3.50 |
| Change (%) | -35.43% | -4.04% | - | +20.63% | +56.95% |
| Change | -0.79 | -0.09 | - | +0.46 | +1.27 |
| Level | Major | Minor | - | Minor | Major |
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 | 1.05 | 1.12 | 1.16 | 1.23 | 1.27 | 1.34 | 1.38 |
| Camarilla | 1.17 | 1.18 | 1.19 | 1.20 | 1.21 | 1.22 | 1.23 |
| Woodie | 1.04 | 1.11 | 1.15 | 1.22 | 1.26 | 1.33 | 1.37 |
| Fibonacci | 1.12 | 1.16 | 1.19 | 1.23 | 1.27 | 1.30 | 1.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.08 | 1.22 | 1.34 | 1.48 | 1.60 | 1.74 | 1.86 |
| Camarilla | 1.38 | 1.40 | 1.43 | 1.45 | 1.47 | 1.50 | 1.52 |
| Woodie | 1.06 | 1.22 | 1.32 | 1.48 | 1.58 | 1.74 | 1.84 |
| Fibonacci | 1.22 | 1.32 | 1.38 | 1.48 | 1.58 | 1.64 | 1.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.28 | -0.43 | 0.60 | 2.45 | 3.48 | 5.33 | 6.36 |
| Camarilla | 0.83 | 1.09 | 1.36 | 1.62 | 1.88 | 2.15 | 2.41 |
| Woodie | -2.70 | -0.64 | 0.18 | 2.25 | 3.06 | 5.13 | 5.94 |
| Fibonacci | -0.43 | 0.67 | 1.35 | 2.45 | 3.55 | 4.23 | 5.33 |
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): | 88.28 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 58.59 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 1.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.21 | |
| Elder Ray (13): | 0.66 | |
| Super Trend (3,10): | 1.77 | |
| Zig ZAG (10): | 2.24 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 78.53 | |
| TEMA (21): | 1.76 | |
| Williams %R (14): | -20.26 | |
| Chande Momentum Oscillator (20): | 0.85 | |
| Repulse (5,40,3): | -3.5200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3600 | |
| Courbe Coppock: | 65.73 |
| MA7: | 1.52 | |
| MA20: | - | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 1.75 | |
| MAexp20: | 1.39 | |
| MAexp50: | 1.36 | |
| MAexp100: | 1.39 | |
| Price / MA7: | +46.71% | |
| Price / MA20: | - | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +27.43% | |
| Price / MAexp20: | +60.43% | |
| Price / MAexp50: | +63.97% | |
| Price / MAexp100: | +60.43% |
Quotes :
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15 min delayed data
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This member declared not having a position on this financial instrument or a related financial instrument.
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