GENIUS GROUP LTD. - Daily - Technical analysis published on 04/10/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
11%
39%
50%
My opinion
Bearish under 0.4847 USD
My targets
0.4054 USD (-3.90%)
0.3472 USD (-17.68%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GENIUS GROUP LTD.. As long as you are under the resistance located at 0.4847 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.4054 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.3472 USD as an objective. Crossing it would then enable sellers to target 0.2876 USD. If the resistance 0.4847 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.8
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This analysis was given by hervorragend. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GENIUS GROUP LTD. price is 0.4218 USD. The price registered a decrease of -4.14% on the session with the lowest point at 0.4174 USD and the highest point at 0.4441 USD. The deviation from the price is +1.05% for the low point and -5.02% for the high point.0.4174
0.4441
0.4218
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Daily chart of GENIUS GROUP LTD. indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
The probability of a further decline is low given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.2876 | 0.4218 | 0.5388 | 1.1460 | 1.5900 |
| Change (%) | -31.82% | - | +27.74% | +171.69% | +276.96% |
| Change | -0.1342 | - | +0.1170 | +0.7242 | +1.1682 |
| Level | Major | - | Intermediate | Minor | Minor |
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 | 0.3979 | 0.4142 | 0.4271 | 0.4434 | 0.4563 | 0.4726 | 0.4855 |
| Camarilla | 0.4320 | 0.4347 | 0.4373 | 0.4400 | 0.4427 | 0.4454 | 0.4480 |
| Woodie | 0.3962 | 0.4134 | 0.4254 | 0.4426 | 0.4546 | 0.4718 | 0.4838 |
| Fibonacci | 0.4142 | 0.4254 | 0.4323 | 0.4434 | 0.4546 | 0.4615 | 0.4726 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.2995 | 0.3472 | 0.4054 | 0.4531 | 0.5113 | 0.5590 | 0.6172 |
| Camarilla | 0.4344 | 0.4441 | 0.4538 | 0.4635 | 0.4732 | 0.4829 | 0.4926 |
| Woodie | 0.3047 | 0.3498 | 0.4106 | 0.4557 | 0.5165 | 0.5616 | 0.6224 |
| Fibonacci | 0.3472 | 0.3877 | 0.4127 | 0.4531 | 0.4936 | 0.5186 | 0.5590 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.1447 | 0.0677 | 0.2723 | 0.4847 | 0.6893 | 0.9017 | 1.1063 |
| Camarilla | 0.3623 | 0.4006 | 0.4388 | 0.4770 | 0.5152 | 0.5535 | 0.5917 |
| Woodie | -0.1485 | 0.0658 | 0.2685 | 0.4828 | 0.6855 | 0.8998 | 1.1025 |
| Fibonacci | 0.0677 | 0.2270 | 0.3254 | 0.4847 | 0.6440 | 0.7424 | 0.9017 |
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): | 49.85 | |
| MACD (12,26,9): | 0.0119 | |
| Directional Movement: | 8.0383 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 0.4456 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6289 | |
| Elder Ray (13): | -0.0040 | |
| Super Trend (3,10): | 0.3324 | |
| Zig ZAG (10): | 0.4200 | |
| VORTEX (21): | 1.0310 | |
| Stochastique (14,3,5): | 29.17 | |
| TEMA (21): | 0.4543 | |
| Williams %R (14): | -71.28 | |
| Chande Momentum Oscillator (20): | 0.0079 | |
| Repulse (5,40,3): | -13.9347 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.6789 | |
| Courbe Coppock: | 0.92 |
| MA7: | 0.4337 | |
| MA20: | 0.4465 | |
| MA50: | 0.3906 | |
| MA100: | 0.4835 | |
| MAexp7: | 0.4360 | |
| MAexp20: | 0.4285 | |
| MAexp50: | 0.4288 | |
| MAexp100: | 0.4989 | |
| Price / MA7: | -2.74% | |
| Price / MA20: | -5.53% | |
| Price / MA50: | +7.99% | |
| Price / MA100: | -12.76% | |
| Price / MAexp7: | -3.26% | |
| Price / MAexp20: | -1.56% | |
| Price / MAexp50: | -1.63% | |
| Price / MAexp100: | -15.45% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
News
Don't forget to follow the news on GENIUS GROUP LTD.. At the time of publication of this analysis, the latest news was as follows:
- Genius Group to Host Virtual Investor Meeting with CEO Roger Hamilton on June 28, 2023
- Genius Group Shareholders Approve Spin Off of Entrepreneur Resorts Limited and New Constitution
- Genius Group Changes Release Date of Full Year 2022 Financial Results
- Genius Group to Hold Extraordinary General Meeting on February 16
- Genius Group 2023 Financial Guidance: $48m - $52m Revenue, Positive EBITDA
This member declared not having a position on this financial instrument or a related financial instrument.
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