STELLAR - XLM/USD - Daily - Technical analysis published on 04/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.103700 USD
My targets
0.082741 USD (-12.10%)
0.077117 USD (-18.07%)
My analysis
The strong short-term decrease of STELLAR - XLM/USD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.103700 USD, a sale could be considered. The first bearish objective is located at 0.082741 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.077117 USD. If there is any crossing, the next objective would be support 0.070778 USD. Caution, if there is a return to above 0.103700 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STELLAR - XLM/USD price is 0.094131 USD. On the day, this instrument lost -0.22% and was traded between 0.093695 USD and 0.095845 USD over the period. The price is currently at +0.47% from its lowest and -1.79% from its highest.0.093695
0.095845
0.094131
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 STELLAR - XLM/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of STELLAR - XLM/USD in Daily shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.070778 | 0.077117 | 0.082741 | 0.094131 | 0.094641 | 0.103700 | 0.107472 |
Change (%) | -24.81% | -18.07% | -12.10% | - | +0.54% | +10.17% | +14.17% |
Change | -0.023353 | -0.017014 | -0.011390 | - | +0.000510 | +0.009569 | +0.013341 |
Level | Major | Minor | Intermediate | - | Major | Minor | Intermediate |
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 | 0.090926 | 0.091831 | 0.093083 | 0.093988 | 0.095240 | 0.096145 | 0.097397 |
Camarilla | 0.093741 | 0.093939 | 0.094136 | 0.094334 | 0.094532 | 0.094730 | 0.094927 |
Woodie | 0.091099 | 0.091918 | 0.093256 | 0.094075 | 0.095413 | 0.096232 | 0.097570 |
Fibonacci | 0.091831 | 0.092655 | 0.093164 | 0.093988 | 0.094812 | 0.095321 | 0.096145 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.073227 | 0.082631 | 0.089098 | 0.098502 | 0.104969 | 0.114373 | 0.120840 |
Camarilla | 0.091202 | 0.092656 | 0.094111 | 0.095566 | 0.097021 | 0.098476 | 0.099931 |
Woodie | 0.071760 | 0.081897 | 0.087631 | 0.097768 | 0.103502 | 0.113639 | 0.119373 |
Fibonacci | 0.082631 | 0.088693 | 0.092439 | 0.098502 | 0.104564 | 0.108310 | 0.114373 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.048919 | 0.061827 | 0.087002 | 0.099910 | 0.125085 | 0.137993 | 0.163168 |
Camarilla | 0.101705 | 0.105196 | 0.108687 | 0.112178 | 0.115669 | 0.119160 | 0.122651 |
Woodie | 0.055054 | 0.064894 | 0.093137 | 0.102977 | 0.131220 | 0.141060 | 0.169303 |
Fibonacci | 0.061827 | 0.076374 | 0.085362 | 0.099910 | 0.114457 | 0.123445 | 0.137993 |
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): | 40.87 | |
MACD (12,26,9): | -0.0018 | |
Directional Movement: | -3.076725 | |
AROON (14): | -85.714286 | |
DEMA (21): | 0.096390 | |
Parabolic SAR (0,02-0,02-0,2): | 0.096949 | |
Elder Ray (13): | -0.001916 | |
Super Trend (3,10): | 0.105127 | |
Zig ZAG (10): | 0.093932 | |
VORTEX (21): | 0.8545 | |
Stochastique (14,3,5): | 16.05 | |
TEMA (21): | 0.092954 | |
Williams %R (14): | -83.22 | |
Chande Momentum Oscillator (20): | -0.013535 | |
Repulse (5,40,3): | -1.0371 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0729 | |
Courbe Coppock: | 21.29 |
MA7: | 0.094338 | |
MA20: | 0.100101 | |
MA50: | 0.096939 | |
MA100: | 0.092974 | |
MAexp7: | 0.094873 | |
MAexp20: | 0.097918 | |
MAexp50: | 0.097016 | |
MAexp100: | 0.094612 | |
Price / MA7: | -0.22% | |
Price / MA20: | -5.96% | |
Price / MA50: | -2.90% | |
Price / MA100: | +1.24% | |
Price / MAexp7: | -0.78% | |
Price / MAexp20: | -3.87% | |
Price / MAexp50: | -2.97% | |
Price / MAexp100: | -0.51% |
Quotes :
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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
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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