DIRECT DIGITAL HLD. - 1H - Technical analysis published on 03/09/2022 (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:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 2.14 USD
My targets
2.45 USD (+10.00%)
2.69 USD (+20.63%)
My analysis
DIRECT DIGITAL HLD. is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 2.14 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 2.45 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 2.69 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 3.50 USD. Beware of a possible return to under the support located at 2.14 USD which would be the sign of a correction of the bullish excesses registered in the short term.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DIRECT DIGITAL HLD. price is 2.23 USD. The price registered an increase of +85.83% on the session 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 the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of DIRECT DIGITAL HLD. indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
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 : 1 hour
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 80.86 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 51.74 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 1.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.19 | |
| Elder Ray (13): | 0.70 | |
| Super Trend (3,10): | 1.76 | |
| Zig ZAG (10): | 2.22 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 56.32 | |
| TEMA (21): | 1.62 | |
| Williams %R (14): | -20.69 | |
| Chande Momentum Oscillator (20): | 0.74 | |
| Repulse (5,40,3): | -6.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2800 | |
| Courbe Coppock: | 23.48 |
| MA7: | 1.52 | |
| MA20: | - | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 1.66 | |
| MAexp20: | 1.39 | |
| MAexp50: | 1.50 | |
| MAexp100: | 1.79 | |
| Price / MA7: | +46.71% | |
| Price / MA20: | - | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +34.34% | |
| Price / MAexp20: | +60.43% | |
| Price / MAexp50: | +48.67% | |
| Price / MAexp100: | +24.58% |
Quotes :
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15 min delayed data
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