STELLAR - XLM/USD - 1H - Technical analysis published on 05/13/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.087833 USD
My targets
0.090123 USD (+1.21%)
0.091832 USD (+3.13%)
My analysis
STELLAR - XLM/USD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.087833 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.090123 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.091832 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.093193 USD. Beware of a possible return to under the support located at 0.087833 USD which would be the sign of a correction of the bullish excesses registered in the short term.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.8
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Additional analysis
Quotes
The STELLAR - XLM/USD price is 0.089044 USD. The price registered a decrease of -0.05% on the session with the lowest point at 0.088692 USD and the highest point at 0.089250 USD. The deviation from the price is +0.40% for the low point and -0.23% for the high point.0.088692
0.089250
0.089044
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.073948 | 0.084224 | 0.087833 | 0.089044 | 0.089491 | 0.090123 | 0.091832 |
| Change (%) | -16.95% | -5.41% | -1.36% | - | +0.50% | +1.21% | +3.13% |
| Change | -0.015096 | -0.004820 | -0.001211 | - | +0.000447 | +0.001079 | +0.002788 |
| Level | Major | Minor | Intermediate | - | Major | 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 | 0.084944 | 0.086162 | 0.087624 | 0.088842 | 0.090304 | 0.091522 | 0.092984 |
| Camarilla | 0.088349 | 0.088595 | 0.088840 | 0.089086 | 0.089332 | 0.089577 | 0.089823 |
| Woodie | 0.085066 | 0.086223 | 0.087746 | 0.088903 | 0.090426 | 0.091583 | 0.093106 |
| Fibonacci | 0.086162 | 0.087186 | 0.087818 | 0.088842 | 0.089866 | 0.090498 | 0.091522 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086750 | 0.089256 | 0.090896 | 0.093402 | 0.095042 | 0.097548 | 0.099188 |
| Camarilla | 0.091396 | 0.091776 | 0.092156 | 0.092536 | 0.092916 | 0.093296 | 0.093676 |
| Woodie | 0.086317 | 0.089040 | 0.090463 | 0.093186 | 0.094609 | 0.097332 | 0.098755 |
| Fibonacci | 0.089256 | 0.090840 | 0.091818 | 0.093402 | 0.094986 | 0.095964 | 0.097548 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.062487 | 0.076813 | 0.085693 | 0.100019 | 0.108899 | 0.123225 | 0.132105 |
| Camarilla | 0.088191 | 0.090319 | 0.092446 | 0.094573 | 0.096700 | 0.098827 | 0.100955 |
| Woodie | 0.059764 | 0.075452 | 0.082970 | 0.098658 | 0.106176 | 0.121864 | 0.129382 |
| Fibonacci | 0.076813 | 0.085678 | 0.091154 | 0.100019 | 0.108884 | 0.114360 | 0.123225 |
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): | 55.36 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -5.470112 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.088918 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.087491 | |
| Elder Ray (13): | 0.000157 | |
| Super Trend (3,10): | 0.089560 | |
| Zig ZAG (10): | 0.088982 | |
| VORTEX (21): | 1.0598 | |
| Stochastique (14,3,5): | 82.64 | |
| TEMA (21): | 0.088984 | |
| Williams %R (14): | -14.51 | |
| Chande Momentum Oscillator (20): | 0.000910 | |
| Repulse (5,40,3): | -0.1087 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0013 | |
| Courbe Coppock: | 0.49 |
| MA7: | 0.089615 | |
| MA20: | 0.092464 | |
| MA50: | 0.098520 | |
| MA100: | 0.093080 | |
| MAexp7: | 0.088977 | |
| MAexp20: | 0.088877 | |
| MAexp50: | 0.088885 | |
| MAexp100: | 0.089218 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | -3.70% | |
| Price / MA50: | -9.62% | |
| Price / MA100: | -4.34% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | -0.20% |
Quotes :
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Real time data
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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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