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 2.69 USD
My targets
3.48 USD (+7.65%)
3.50 USD (+8.36%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on DIRECT DIGITAL HLD. as long as the price remains well above 2.69 USD. The buyers' bullish objective is set at 3.48 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.50 USD.
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
5.4
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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 3.23 USD. The price registered an increase of +169.17% on the session and was traded between 1.86 USD and 3.65 USD over the period. The price is currently at +73.66% from its lowest and -11.51% from its highest.1.86
3.65
3.23
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 scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
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:
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
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.44 | 2.14 | 2.69 | 3.23 | 3.50 |
| Change (%) | -55.42% | -33.75% | -16.72% | - | +8.36% |
| Change | -1.79 | -1.09 | -0.54 | - | +0.27 |
| Level | Major | Minor | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
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 the technical indicators and moving averages at the time of publication of this technical analysis:
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: | +112.50% | |
| Price / MA20: | - | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +94.58% | |
| Price / MAexp20: | +132.37% | |
| Price / MAexp50: | +115.33% | |
| Price / MAexp100: | +80.45% |
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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