MICROSTRATEGY INC. - 1H - Technical analysis published on 05/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 1,272.94 USD
My targets
1,201.46 USD (-2.58%)
1,131.99 USD (-8.21%)
My analysis
In the short term, we can see an acceleration in the bearish trend on MICROSTRATEGY INC., which is a positive signal for sellers. As long as the price remains above 1,272.94 USD, a sale could be considered. The first bearish objective is located at 1,201.46 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,131.99 USD as an objective. Crossing it would then enable sellers to target 1,028.27 USD. If the price were to return above 1,272.94 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICROSTRATEGY INC. rating 1,233.22 USD. On the day, this instrument gained +4.47% and was between 1,203.00 USD and 1,264.15 USD. This implies that the price is at +2.51% from its lowest and at -2.45% from its highest.1,203.00
1,264.15
1,233.22
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this MICROSTRATEGY INC. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,028.27 | 1,131.99 | 1,201.46 | 1,233.22 | 1,272.94 | 1,566.00 | 1,782.36 |
Change (%) | -16.62% | -8.21% | -2.58% | - | +3.22% | +26.98% | +44.53% |
Change | -204.95 | -101.23 | -31.76 | - | +39.72 | +332.78 | +549.14 |
Level | Intermediate | Intermediate | Intermediate | - | Major | Intermediate | 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 | 1,015.22 | 1,096.87 | 1,138.68 | 1,220.33 | 1,262.14 | 1,343.79 | 1,385.60 |
Camarilla | 1,146.53 | 1,157.85 | 1,169.16 | 1,180.48 | 1,191.80 | 1,203.11 | 1,214.43 |
Woodie | 995.29 | 1,086.91 | 1,118.75 | 1,210.37 | 1,242.21 | 1,333.83 | 1,365.67 |
Fibonacci | 1,096.87 | 1,144.04 | 1,173.17 | 1,220.33 | 1,267.50 | 1,296.63 | 1,343.79 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 965.87 | 1,072.20 | 1,126.34 | 1,232.67 | 1,286.81 | 1,393.14 | 1,447.28 |
Camarilla | 1,136.35 | 1,151.06 | 1,165.77 | 1,180.48 | 1,195.19 | 1,209.90 | 1,224.61 |
Woodie | 939.78 | 1,059.15 | 1,100.25 | 1,219.62 | 1,260.72 | 1,380.09 | 1,421.19 |
Fibonacci | 1,072.20 | 1,133.50 | 1,171.37 | 1,232.67 | 1,293.97 | 1,331.84 | 1,393.14 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 162.34 | 612.76 | 838.89 | 1,289.31 | 1,515.44 | 1,965.86 | 2,191.99 |
Camarilla | 878.98 | 941.00 | 1,003.01 | 1,065.03 | 1,127.05 | 1,189.06 | 1,251.08 |
Woodie | 50.21 | 556.69 | 726.76 | 1,233.24 | 1,403.31 | 1,909.79 | 2,079.86 |
Fibonacci | 612.76 | 871.20 | 1,030.87 | 1,289.31 | 1,547.75 | 1,707.42 | 1,965.86 |
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): | 49.23 | |
MACD (12,26,9): | -2.4600 | |
Directional Movement: | -0.39 | |
AROON (14): | -42.85 | |
DEMA (21): | 1,233.08 | |
Parabolic SAR (0,02-0,02-0,2): | 1,185.18 | |
Elder Ray (13): | -2.07 | |
Super Trend (3,10): | 1,285.90 | |
Zig ZAG (10): | 1,232.09 | |
VORTEX (21): | 0.9400 | |
Stochastique (14,3,5): | 47.37 | |
TEMA (21): | 1,226.38 | |
Williams %R (14): | -55.72 | |
Chande Momentum Oscillator (20): | -58.23 | |
Repulse (5,40,3): | -0.5400 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0500 | |
Courbe Coppock: | 4.41 |
MA7: | 1,237.05 | |
MA20: | 1,222.55 | |
MA50: | 1,416.40 | |
MA100: | 1,017.50 | |
MAexp7: | 1,233.18 | |
MAexp20: | 1,236.08 | |
MAexp50: | 1,233.85 | |
MAexp100: | 1,251.18 | |
Price / MA7: | -0.31% | |
Price / MA20: | +0.87% | |
Price / MA50: | -12.93% | |
Price / MA100: | +21.20% | |
Price / MAexp7: | +0.00% | |
Price / MAexp20: | -0.23% | |
Price / MAexp50: | -0.05% | |
Price / MAexp100: | -1.44% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on MICROSTRATEGY INC.. At the time of publication of this analysis, the latest news was as follows:
- MicroStrategy Cloud enables University of Auckland to Revolutionise Data Accessibility
- Thinking about trading options or stock in NVIDIA, Mongodb, MicroStrategy, Carnival, or AT&T?
- Vertosoft Named as New Distributor for MicroStrategy
- Thinking about buying stock in Johnson & Johnson, Fortress Biotech, MicroStrategy, Neximmune, or ShiftPixy?
- MicroStrategy Announces Second Quarter 2023 Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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