DIRECT DIGITAL HLD. - 1H - Technical analysis published on 03/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 2.69 USD
My targets
3.48 USD (+12.52%)
3.65 USD (+18.12%)
My analysis
DIRECT DIGITAL HLD. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.69 USD. The next resistance located at 3.48 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.65 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8.6
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Additional analysis
Quotes
The DIRECT DIGITAL HLD. rating is 3.09 USD. The price has increased by +13.60% since the last closing and was between 2.69 USD and 3.35 USD. This implies that the price is at +14.87% from its lowest and at -7.76% from its highest.2.69
3.35
3.09
A study of price movements over other periods shows the following variations:
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 strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.99 | 2.27 | 2.69 | 3.09 | 3.65 |
| Change (%) | -35.60% | -26.54% | -12.94% | - | +18.12% |
| Change | -1.10 | -0.82 | -0.40 | - | +0.56 |
| Level | Minor | Major | Minor | - | Intermediate |
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 | 1.66 | 1.97 | 2.34 | 2.65 | 3.02 | 3.33 | 3.70 |
| Camarilla | 2.53 | 2.60 | 2.66 | 2.72 | 2.78 | 2.85 | 2.91 |
| Woodie | 1.70 | 1.99 | 2.38 | 2.67 | 3.06 | 3.35 | 3.74 |
| Fibonacci | 1.97 | 2.23 | 2.39 | 2.65 | 2.91 | 3.07 | 3.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.07 | 0.06 | 1.39 | 2.52 | 3.85 | 4.98 | 6.31 |
| Camarilla | 2.04 | 2.27 | 2.50 | 2.72 | 2.95 | 3.17 | 3.40 |
| Woodie | -0.97 | 0.11 | 1.49 | 2.57 | 3.95 | 5.03 | 6.41 |
| Fibonacci | 0.06 | 1.00 | 1.58 | 2.52 | 3.46 | 4.04 | 4.98 |
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): | 60.60 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | 14.71 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 2.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.49 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 1.93 | |
| Zig ZAG (10): | 2.72 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 54.41 | |
| TEMA (21): | 2.81 | |
| Williams %R (14): | -23.96 | |
| Chande Momentum Oscillator (20): | 0.48 | |
| Repulse (5,40,3): | 2.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.9000 | |
| Courbe Coppock: | 19.24 |
| MA7: | 1.86 | |
| MA20: | 1.95 | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 2.64 | |
| MAexp20: | 2.42 | |
| MAexp50: | 2.09 | |
| MAexp100: | 2.04 | |
| Price / MA7: | +66.13% | |
| Price / MA20: | +58.46% | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +17.05% | |
| Price / MAexp20: | +27.69% | |
| Price / MAexp50: | +47.85% | |
| Price / MAexp100: | +51.47% |
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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