NEO - NEO/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	NEOUSD
ISIN:

NEO - NEO/USD - Daily - Technical analysis published on 04/06/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 54.83 USD

My targets

64.91 USD (+1.95%)

73.84 USD (+15.97%)

My analysis

The bullish trend is currently very strong on NEO - NEO/USD. As long as the price remains above the support at 54.83 USD, you could try to benefit from the boom. The first bullish objective is located at 64.91 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 73.84 USD as an objective. 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.

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

9.1

Comment on the analysis

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 spoof. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NEO - NEO/USD price is 63.67 USD. The price has increased by +7.73% since the last closing with the lowest point at 57.87 USD and the highest point at 64.69 USD. The deviation from the price is +10.02% for the low point and -1.58% for the high point.

57.87

64.69

63.67

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NEO - NEO/USD:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NEO - NEO/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	38.72	46.34	54.83	63.67
Change (%)	-39.19%	-27.22%	-13.88%	-
Change	-24.95	-17.33	-8.84	-
Level	Intermediate	Intermediate	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.29	49.05	54.07	56.83	61.85	64.61	69.63
Camarilla	56.96	57.67	58.39	59.10	59.81	60.53	61.24
Woodie	47.43	49.62	55.21	57.40	62.99	65.18	70.77
Fibonacci	49.05	52.02	53.86	56.83	59.80	61.64	64.61

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.73	33.85	42.26	49.38	57.79	64.91	73.32
Camarilla	46.40	47.82	49.25	50.67	52.09	53.52	54.94
Woodie	27.38	34.17	42.91	49.70	58.44	65.23	73.97
Fibonacci	33.85	39.78	43.45	49.38	55.31	58.98	64.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.08	29.16	40.00	46.08	56.92	63.00	73.84
Camarilla	46.19	47.74	49.29	50.84	52.39	53.94	55.49
Woodie	25.46	30.35	42.38	47.27	59.30	64.19	76.22
Fibonacci	29.16	35.62	39.62	46.08	52.54	56.54	63.00

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):	76.94
MACD (12,26,9):	4.7400
Directional Movement:	32.03
AROON (14):	85.71
DEMA (21):	54.38
Parabolic SAR (0,02-0,02-0,2):	44.08
Elder Ray (13):	9.66
Super Trend (3,10):	46.87
Zig ZAG (10):	63.83
VORTEX (21):	1.2200
Stochastique (14,3,5):	94.44
TEMA (21):	56.97
Williams %R (14):	-4.46
Chande Momentum Oscillator (20):	24.65
Repulse (5,40,3):	21.4000
ROCnROLL:	1
TRIX (15,9):	0.9400
Courbe Coppock:	63.46

MA7:	54.91
MA20:	46.81
MA50:	43.31
MA100:	33.69
MAexp7:	55.38
MAexp20:	48.94
MAexp50:	42.82
MAexp100:	36.26
Price / MA7:	+15.95%
Price / MA20:	+36.02%
Price / MA50:	+47.01%
Price / MA100:	+88.99%
Price / MAexp7:	+14.97%
Price / MAexp20:	+30.10%
Price / MAexp50:	+48.69%
Price / MAexp100:	+75.59%

Quotes : 2021-04-06 07:38:17 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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