NEO - NEO/USD - 1H - Technical analysis published on 11/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 15.48 USD
My targets
16.47 USD (+4.31%)
17.46 USD (+10.60%)
My analysis
The bullish trend is currently very strong on NEO - NEO/USD. As long as the price remains above the support at 15.48 USD, you could try to benefit from the boom. The first bullish objective is located at 16.47 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 17.46 USD as an objective. Crossing it would then enable buyers to target 21.65 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.8
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This analysis was given by sadaghiyani. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NEO - NEO/USD rating 15.79 USD. On the day, this instrument gained +9.27% and was traded between 14.39 USD and 15.97 USD over the period. The price is currently at +9.73% from its lowest and -1.13% from its highest.14.39
15.97
15.79
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NEO - NEO/USD:
Technical
Technical analysis of NEO - NEO/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.54 | 15.01 | 15.48 | 15.79 | 15.79 | 16.47 | 21.65 |
| Change (%) | -7.92% | -4.94% | -1.96% | 0% | - | +4.31% | +37.11% |
| Change | -1.25 | -0.78 | -0.31 | 0 | - | +0.68 | +5.86 |
| Level | Major | Intermediate | Minor | Intermediate | - | Intermediate | 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 | 13.19 | 13.51 | 13.98 | 14.30 | 14.77 | 15.09 | 15.56 |
| Camarilla | 14.23 | 14.31 | 14.38 | 14.45 | 14.52 | 14.60 | 14.67 |
| Woodie | 13.27 | 13.55 | 14.06 | 14.34 | 14.85 | 15.13 | 15.64 |
| Fibonacci | 13.51 | 13.81 | 14.00 | 14.30 | 14.60 | 14.79 | 15.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.50 | 11.26 | 12.98 | 15.74 | 17.46 | 20.22 | 21.94 |
| Camarilla | 13.48 | 13.89 | 14.30 | 14.71 | 15.12 | 15.53 | 15.94 |
| Woodie | 7.99 | 11.00 | 12.47 | 15.48 | 16.95 | 19.96 | 21.43 |
| Fibonacci | 11.26 | 12.97 | 14.03 | 15.74 | 17.45 | 18.51 | 20.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.04 | 10.02 | 12.37 | 16.35 | 18.70 | 22.68 | 25.03 |
| Camarilla | 12.97 | 13.55 | 14.13 | 14.71 | 15.29 | 15.87 | 16.45 |
| Woodie | 5.22 | 9.61 | 11.55 | 15.94 | 17.88 | 22.27 | 24.21 |
| Fibonacci | 10.02 | 12.44 | 13.94 | 16.35 | 18.77 | 20.27 | 22.68 |
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): | 69.01 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 34.52 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 15.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.35 | |
| Elder Ray (13): | 0.31 | |
| Super Trend (3,10): | 15.08 | |
| Zig ZAG (10): | 15.72 | |
| VORTEX (21): | 1.2800 | |
| Stochastique (14,3,5): | 82.04 | |
| TEMA (21): | 15.83 | |
| Williams %R (14): | -21.01 | |
| Chande Momentum Oscillator (20): | 0.75 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 11.15 |
| MA7: | 14.82 | |
| MA20: | 16.37 | |
| MA50: | 18.07 | |
| MA100: | 17.50 | |
| MAexp7: | 15.64 | |
| MAexp20: | 15.33 | |
| MAexp50: | 14.92 | |
| MAexp100: | 14.80 | |
| Price / MA7: | +6.55% | |
| Price / MA20: | -3.54% | |
| Price / MA50: | -12.62% | |
| Price / MA100: | -9.77% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +3.00% | |
| Price / MAexp50: | +5.83% | |
| Price / MAexp100: | +6.69% |
Quotes :
2020-11-06 19:43:13
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Real time data
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