ENZYME - MLN/USD - 1H - Technical analysis published on 12/30/2023 (GMT)
- 183
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
56%
11%
33%
My opinion
Neutral between 20.26 USD and 22.04 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 20.26 USD. The first resistance is located at 22.04 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ENZYME - MLN/USD rating is 21.10 USD. On the day, this instrument gained +3.69% with the lowest point at 20.33 USD and the highest point at 21.16 USD. The deviation from the price is +3.79% for the low point and -0.28% for the high point.20.33
21.16
21.10
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ENZYME - MLN/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ENZYME - MLN/USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17.35 | 18.35 | 21.04 | 21.10 | 22.04 | 23.86 | 25.57 |
| Change (%) | -17.77% | -13.03% | -0.28% | - | +4.45% | +13.08% | +21.18% |
| Change | -3.75 | -2.75 | -0.06 | - | +0.94 | +2.76 | +4.47 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | 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 | 17.35 | 18.62 | 19.49 | 20.76 | 21.63 | 22.90 | 23.77 |
| Camarilla | 19.76 | 19.96 | 20.15 | 20.35 | 20.55 | 20.74 | 20.94 |
| Woodie | 17.14 | 18.52 | 19.28 | 20.66 | 21.42 | 22.80 | 23.56 |
| Fibonacci | 18.62 | 19.44 | 19.95 | 20.76 | 21.58 | 22.09 | 22.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.88 | 13.41 | 16.07 | 17.60 | 20.26 | 21.79 | 24.45 |
| Camarilla | 17.59 | 17.97 | 18.36 | 18.74 | 19.12 | 19.51 | 19.89 |
| Woodie | 12.46 | 13.69 | 16.65 | 17.88 | 20.84 | 22.07 | 25.03 |
| Fibonacci | 13.41 | 15.01 | 16.00 | 17.60 | 19.20 | 20.19 | 21.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.99 | 11.63 | 13.40 | 16.04 | 17.81 | 20.45 | 22.22 |
| Camarilla | 13.95 | 14.35 | 14.76 | 15.16 | 15.56 | 15.97 | 16.37 |
| Woodie | 8.55 | 11.41 | 12.96 | 15.82 | 17.37 | 20.23 | 21.78 |
| Fibonacci | 11.63 | 13.32 | 14.36 | 16.04 | 17.73 | 18.77 | 20.45 |
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): | 49.58 | |
| MACD (12,26,9): | -0.2100 | |
| Directional Movement: | 8.80 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 20.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.16 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 21.28 | |
| Zig ZAG (10): | 20.81 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 58.38 | |
| TEMA (21): | 20.48 | |
| Williams %R (14): | -37.16 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | 0.3200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2200 | |
| Courbe Coppock: | 5.33 |
| MA7: | 20.77 | |
| MA20: | 18.16 | |
| MA50: | 16.76 | |
| MA100: | 16.11 | |
| MAexp7: | 20.62 | |
| MAexp20: | 20.70 | |
| MAexp50: | 21.18 | |
| MAexp100: | 21.10 | |
| Price / MA7: | +1.59% | |
| Price / MA20: | +16.19% | |
| Price / MA50: | +25.89% | |
| Price / MA100: | +30.97% | |
| Price / MAexp7: | +2.33% | |
| Price / MAexp20: | +1.93% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -0% |
Quotes :
-
Real time data
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Cryptocompare
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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