SMX (SECURITY MATTERS) PUBLIC - 15 min. - Technical analysis published on 04/12/2023 (GMT)
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- Timeframe : 15 min.
- - 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:
Bullish
Underlying:
Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 1.36 USD
My targets
1.74 USD (+2.96%)
1.98 USD (+17.16%)
My analysis
A bullish trend on SMX (SECURITY MATTERS) PUBLIC both in substance and in the short term. A purchase could be considered as long as the price remains above 1.36 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.74 USD. Then the price could move towards 1.98 USD. Then 4.76 USD by extension. Be careful, a return below 1.36 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.2
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Additional analysis
Quotes
The SMX (SECURITY MATTERS) PUBLIC rating is 1.69 USD. On the day, this instrument gained +15.75% and was between 1.23 USD and 1.75 USD. This implies that the price is at +37.40% from its lowest and at -3.43% from its highest.1.23
1.75
1.69
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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
A technical analysis in 15 min. of this SMX (SECURITY MATTERS) PUBLIC chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative 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.
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.03 | 1.69 | 4.76 | 8.03 | 10.49 |
| Change (%) | -39.35% | - | +181.66% | +375.15% | +520.71% |
| Change | -0.67 | - | +3.07 | +6.34 | +8.80 |
| Level | Intermediate | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 0.98 | 1.22 | 1.36 | 1.60 | 1.74 | 1.98 |
| Camarilla | 1.36 | 1.39 | 1.43 | 1.46 | 1.50 | 1.53 | 1.57 |
| Woodie | 0.89 | 1.01 | 1.27 | 1.39 | 1.65 | 1.77 | 2.03 |
| Fibonacci | 0.98 | 1.13 | 1.22 | 1.36 | 1.51 | 1.60 | 1.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.54 | 0.63 | 0.74 | 0.83 | 0.94 | 1.03 | 1.14 |
| Camarilla | 0.79 | 0.80 | 0.82 | 0.84 | 0.86 | 0.88 | 0.90 |
| Woodie | 0.54 | 0.64 | 0.74 | 0.84 | 0.94 | 1.04 | 1.14 |
| Fibonacci | 0.63 | 0.71 | 0.76 | 0.83 | 0.91 | 0.96 | 1.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -23.04 | -11.07 | -5.06 | 6.91 | 12.92 | 24.89 | 30.90 |
| Camarilla | -4.01 | -2.36 | -0.71 | 0.94 | 2.59 | 4.24 | 5.89 |
| Woodie | -26.03 | -12.56 | -8.05 | 5.42 | 9.93 | 23.40 | 27.91 |
| Fibonacci | -11.07 | -4.20 | 0.05 | 6.91 | 13.78 | 18.03 | 24.89 |
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): | 43.11 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | -11.65 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.49 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 1.27 | |
| Zig ZAG (10): | 1.34 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 28.56 | |
| TEMA (21): | 1.41 | |
| Williams %R (14): | -59.07 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | 3.3200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.6000 | |
| Courbe Coppock: | 7.99 |
| MA7: | 1.10 | |
| MA20: | 1.24 | |
| MA50: | 5.03 | |
| MA100: | 7.60 | |
| MAexp7: | 1.39 | |
| MAexp20: | 1.38 | |
| MAexp50: | 1.26 | |
| MAexp100: | 1.12 | |
| Price / MA7: | +53.64% | |
| Price / MA20: | +36.29% | |
| Price / MA50: | -66.40% | |
| Price / MA100: | -77.76% | |
| Price / MAexp7: | +21.58% | |
| Price / MAexp20: | +22.46% | |
| Price / MAexp50: | +34.13% | |
| Price / MAexp100: | +50.89% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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