CXAPP INC. - 1H - Technical analysis published on 04/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 11.94 USD
My targets
22.58 USD (+63.05%)
31.32 USD (+126.12%)
My analysis
CXAPP 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 11.94 USD. The next resistance located at 22.58 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 31.32 USD. After this resistance, buyers could then target 41.96 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CXAPP INC. price is 13.85 USD. The price has increased by +94.25% since the last closing with the lowest point at 11.50 USD and the highest point at 20.67 USD. The deviation from the price is +20.43% for the low point and -32.99% for the high point.11.50
20.67
13.85
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this CXAPP INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
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 presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 2.50 | 3.63 | 5.51 | 13.85 |
| Change (%) | -81.95% | -73.79% | -60.22% | - |
| Change | -11.35 | -10.22 | -8.34 | - |
| Level | Intermediate | Minor | Minor | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 6.17 | 10.01 | 15.34 | 19.18 | 24.51 | 28.35 |
| Camarilla | 11.33 | 12.17 | 13.01 | 13.85 | 14.69 | 15.53 | 16.37 |
| Woodie | 0.10 | 5.80 | 9.27 | 14.97 | 18.44 | 24.14 | 27.61 |
| Fibonacci | 6.17 | 9.67 | 11.84 | 15.34 | 18.84 | 21.01 | 24.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -16.18 | -7.44 | 3.20 | 11.94 | 22.58 | 31.32 | 41.96 |
| Camarilla | 8.52 | 10.30 | 12.07 | 13.85 | 15.63 | 17.40 | 19.18 |
| Woodie | -15.22 | -6.97 | 4.16 | 12.42 | 23.54 | 31.80 | 42.92 |
| Fibonacci | -7.44 | -0.04 | 4.53 | 11.94 | 19.34 | 23.91 | 31.32 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -3.89 | -1.24 | 0.29 | 2.94 | 4.47 | 7.12 | 8.65 |
| Camarilla | 0.66 | 1.04 | 1.43 | 1.81 | 2.19 | 2.58 | 2.96 |
| Woodie | -4.46 | -1.52 | -0.28 | 2.66 | 3.90 | 6.84 | 8.08 |
| Fibonacci | -1.24 | 0.36 | 1.35 | 2.94 | 4.54 | 5.53 | 7.12 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 76.76 | |
| MACD (12,26,9): | 3.2300 | |
| Directional Movement: | 43.20 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 12.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.78 | |
| Elder Ray (13): | 3.44 | |
| Super Trend (3,10): | 11.48 | |
| Zig ZAG (10): | 13.85 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 62.20 | |
| TEMA (21): | 14.56 | |
| Williams %R (14): | -37.95 | |
| Chande Momentum Oscillator (20): | 9.60 | |
| Repulse (5,40,3): | -5.6500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 11.4700 | |
| Courbe Coppock: | 1,335.53 |
| MA7: | 4.06 | |
| MA20: | 2.63 | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 12.43 | |
| MAexp20: | 8.55 | |
| MAexp50: | 5.17 | |
| MAexp100: | 3.73 | |
| Price / MA7: | +241.13% | |
| Price / MA20: | +426.62% | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +11.42% | |
| Price / MAexp20: | +61.99% | |
| Price / MAexp50: | +167.89% | |
| Price / MAexp100: | +271.31% |
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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