NEO - NEO/USD - 1H - Technical analysis published on 09/09/2020 (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
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 17.02 USD
My targets
18.70 USD (+5.49%)
18.91 USD (+6.66%)
My analysis
NEO - NEO/USD 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 17.02 USD. The next resistance located at 18.70 USD is the next bullish target 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 18.91 USD. After this resistance, buyers could then target 19.79 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEO - NEO/USD price is 17.73 USD. On the day, this instrument gained +3.50% and was traded between 16.72 USD and 17.93 USD over the period. The price is currently at +6.04% from its lowest and -1.12% from its highest.16.72
17.93
17.73
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
Here is a more detailed summary of the historical variations registered by NEO - NEO/USD:
Technical
A technical analysis in 1H of this NEO - NEO/USD chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong 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, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 12.45 | 16.47 | 17.02 | 17.73 | 18.91 | 19.79 | 21.61 |
| Change (%) | -29.78% | -7.11% | -4.00% | - | +6.66% | +11.62% | +21.88% |
| Change | -5.28 | -1.26 | -0.71 | - | +1.18 | +2.06 | +3.88 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | Major |
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 | 14.33 | 15.47 | 16.30 | 17.44 | 18.27 | 19.41 | 20.24 |
| Camarilla | 16.59 | 16.77 | 16.95 | 17.13 | 17.31 | 17.49 | 17.67 |
| Woodie | 14.18 | 15.39 | 16.15 | 17.36 | 18.12 | 19.33 | 20.09 |
| Fibonacci | 15.47 | 16.22 | 16.69 | 17.44 | 18.19 | 18.66 | 19.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.05 | 12.19 | 14.56 | 18.70 | 21.07 | 25.21 | 27.58 |
| Camarilla | 15.13 | 15.73 | 16.32 | 16.92 | 17.52 | 18.11 | 18.71 |
| Woodie | 7.16 | 11.75 | 13.67 | 18.26 | 20.18 | 24.77 | 26.69 |
| Fibonacci | 12.19 | 14.68 | 16.22 | 18.70 | 21.19 | 22.73 | 25.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.97 | 7.41 | 13.96 | 18.40 | 24.95 | 29.39 | 35.94 |
| Camarilla | 17.48 | 18.49 | 19.49 | 20.50 | 21.51 | 22.52 | 23.52 |
| Woodie | 4.02 | 7.94 | 15.01 | 18.93 | 26.00 | 29.92 | 36.99 |
| Fibonacci | 7.41 | 11.61 | 14.21 | 18.40 | 22.60 | 25.20 | 29.39 |
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): | 59.86 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 13.57 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 17.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.15 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 16.97 | |
| Zig ZAG (10): | 17.62 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 87.97 | |
| TEMA (21): | 17.61 | |
| Williams %R (14): | -26.45 | |
| Chande Momentum Oscillator (20): | 0.56 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 6.84 |
| MA7: | 17.72 | |
| MA20: | 18.53 | |
| MA50: | 15.44 | |
| MA100: | 13.11 | |
| MAexp7: | 17.59 | |
| MAexp20: | 17.39 | |
| MAexp50: | 17.34 | |
| MAexp100: | 17.56 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | -4.32% | |
| Price / MA50: | +14.83% | |
| Price / MA100: | +35.24% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +1.96% | |
| Price / MAexp50: | +2.25% | |
| Price / MAexp100: | +0.97% |
Quotes :
2020-09-09 16:54:50
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Real time data
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