MONSTER BEVERAGE - 1H - Technical analysis published on 02/29/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Additional analysis
Quotes
The MONSTER BEVERAGE rating is 59.09 USD. The price registered an increase of +5.80% on the session and was traded between 58.68 USD and 59.84 USD over the period. The price is currently at +0.70% from its lowest and -1.25% from its highest.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:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MONSTER BEVERAGE chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
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:
Long white line
Type : Bullish
Timeframe : 1 hour
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 56.25 | 56.90 | 57.33 | 59.09 | 59.94 |
Change (%) | -4.81% | -3.71% | -2.98% | - | +1.44% |
Change | -2.84 | -2.19 | -1.76 | - | +0.85 |
Level | Minor | Major | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 53.98 | 54.52 | 55.18 | 55.72 | 56.38 | 56.92 | 57.58 |
Camarilla | 55.52 | 55.63 | 55.74 | 55.85 | 55.96 | 56.07 | 56.18 |
Woodie | 54.05 | 54.55 | 55.25 | 55.75 | 56.45 | 56.95 | 57.65 |
Fibonacci | 54.52 | 54.98 | 55.26 | 55.72 | 56.18 | 56.46 | 56.92 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 53.92 | 54.36 | 54.82 | 55.26 | 55.72 | 56.16 | 56.62 |
Camarilla | 55.04 | 55.13 | 55.21 | 55.29 | 55.37 | 55.46 | 55.54 |
Woodie | 53.94 | 54.37 | 54.84 | 55.27 | 55.74 | 56.17 | 56.64 |
Fibonacci | 54.36 | 54.70 | 54.91 | 55.26 | 55.60 | 55.81 | 56.16 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 48.88 | 51.86 | 53.44 | 56.42 | 58.00 | 60.98 | 62.56 |
Camarilla | 53.77 | 54.18 | 54.60 | 55.02 | 55.44 | 55.86 | 56.27 |
Woodie | 48.18 | 51.51 | 52.74 | 56.07 | 57.30 | 60.63 | 61.86 |
Fibonacci | 51.86 | 53.60 | 54.68 | 56.42 | 58.16 | 59.24 | 60.98 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
RSI (14): | 84.13 | |
MACD (12,26,9): | 0.4500 | |
Directional Movement: | 40.27 | |
AROON (14): | 50.00 | |
DEMA (21): | 56.62 | |
Parabolic SAR (0,02-0,02-0,2): | 55.12 | |
Elder Ray (13): | 2.87 | |
Super Trend (3,10): | 57.08 | |
Zig ZAG (10): | 59.59 | |
VORTEX (21): | 1.0700 | |
Stochastique (14,3,5): | 84.09 | |
TEMA (21): | 56.98 | |
Williams %R (14): | -3.03 | |
Chande Momentum Oscillator (20): | 4.04 | |
Repulse (5,40,3): | 1.1500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0500 | |
Courbe Coppock: | 3.62 |
MA7: | 56.09 | |
MA20: | 55.93 | |
MA50: | 56.45 | |
MA100: | 54.78 | |
MAexp7: | 56.82 | |
MAexp20: | 56.15 | |
MAexp50: | 55.78 | |
MAexp100: | 55.76 | |
Price / MA7: | +5.35% | |
Price / MA20: | +5.65% | |
Price / MA50: | +4.68% | |
Price / MA100: | +7.87% | |
Price / MAexp7: | +4.00% | |
Price / MAexp20: | +5.24% | |
Price / MAexp50: | +5.93% | |
Price / MAexp100: | +5.97% |
News
Don't forget to follow the news on MONSTER BEVERAGE. At the time of publication of this analysis, the latest news was as follows:
- Why Monster Beverage Has The Best-Performing Stock In Over 30 Years
- Monster Enters into Asset Purchase Agreement with Vital Pharmaceuticals
- Thinking about trading options or stock in Ambarella, Apple, Jabil, Moderna, or Monster Beverage?
- Monster Beverage Analysis by FX Empire
- Thinking about trading options or stock in Boeing, Mercadolibre, Monster Beverage, Roku, or Tesla?
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