MICROSTRATEGY INC. - Weekly - Technical analysis published on 11/20/2024 (GMT)
- 56
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 334.01 USD
My targets
-
My analysis
MICROSTRATEGY INC. 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 334.01 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, 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
9.1
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This analysis was given by althani. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICROSTRATEGY INC. rating 430.54 USD. Over 5 days, this instrument gained +31.11% and has been traded over the last 5 days between 339.38 USD and 449.00 USD. This implies that the 5 day price is +26.86% from its lowest point and -4.11% from its highest point.339.38
449.00
430.54
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on MICROSTRATEGY INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Weekly chart of MICROSTRATEGY INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Long white line
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 86.00 | 127.29 | 191.92 | 430.54 |
| Change (%) | -80.03% | -70.43% | -55.42% | - |
| Change | -344.54 | -303.25 | -238.62 | - |
| Level | Minor | Major | 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 | 323.36 | 352.18 | 391.36 | 420.18 | 459.36 | 488.18 | 527.36 |
| Camarilla | 411.84 | 418.07 | 424.31 | 430.54 | 436.77 | 443.01 | 449.24 |
| Woodie | 328.54 | 354.77 | 396.54 | 422.77 | 464.54 | 490.77 | 532.54 |
| Fibonacci | 352.18 | 378.16 | 394.20 | 420.18 | 446.16 | 462.20 | 488.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 204.73 | 249.02 | 294.83 | 339.12 | 384.93 | 429.22 | 475.03 |
| Camarilla | 315.87 | 324.13 | 332.39 | 340.65 | 348.91 | 357.17 | 365.43 |
| Woodie | 205.50 | 249.40 | 295.60 | 339.50 | 385.70 | 429.60 | 475.80 |
| Fibonacci | 249.02 | 283.44 | 304.70 | 339.12 | 373.54 | 394.80 | 429.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.51 | 112.27 | 178.38 | 223.14 | 289.25 | 334.01 | 400.12 |
| Camarilla | 214.01 | 224.17 | 234.34 | 244.50 | 254.66 | 264.83 | 274.99 |
| Woodie | 78.20 | 117.61 | 189.07 | 228.48 | 299.94 | 339.35 | 410.81 |
| Fibonacci | 112.27 | 154.62 | 180.78 | 223.14 | 265.49 | 291.65 | 334.01 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 85.42 | |
| MACD (12,26,9): | 52.3200 | |
| Directional Movement: | 42.97 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 276.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 189.50 | |
| Elder Ray (13): | 146.58 | |
| Super Trend (3,10): | 249.25 | |
| Zig ZAG (10): | 430.54 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 90.94 | |
| TEMA (21): | 309.87 | |
| Williams %R (14): | -5.51 | |
| Chande Momentum Oscillator (20): | 298.12 | |
| Repulse (5,40,3): | 41.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.7300 | |
| Courbe Coppock: | 209.51 |
| MA7: | 358.37 | |
| MA20: | 283.89 | |
| MA50: | 216.04 | |
| MA100: | 178.96 | |
| MAexp7: | 295.31 | |
| MAexp20: | 218.11 | |
| MAexp50: | 158.42 | |
| MAexp100: | 114.61 | |
| Price / MA7: | +20.14% | |
| Price / MA20: | +51.66% | |
| Price / MA50: | +99.29% | |
| Price / MA100: | +140.58% | |
| Price / MAexp7: | +45.79% | |
| Price / MAexp20: | +97.40% | |
| Price / MAexp50: | +171.77% | |
| Price / MAexp100: | +275.66% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on MICROSTRATEGY INC. at the time of the generation of this analysis was as follows:
- MicroStrategy Announces Proposed Private Offering of $1.75 Billion of Convertible Senior Notes
- MicroStrategy Announces BTC and ATM Activity; Raised $2.03 billion; Purchased 27,200 BTC; Now Holds 279,420 BTC with BTC Yield of 26.4% YTD
- Vortex Brands Co. Acquires MicroStrategy Stock as Strategic Asset
- Vertosoft Named as Federal Partner of the Year at MicroStrategy World 2024
- MicroStrategy Cloud enables University of Auckland to Revolutionise Data Accessibility
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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