NEO - NEO/USD - 1H - Technical analysis published on 04/30/2021 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 89.44 USD
My targets
95.66 USD (+3.11%)
98.01 USD (+5.64%)
My analysis
The bullish trend is currently very strong on NEO - NEO/USD. As long as the price remains above the support at 89.44 USD, you could try to benefit from the boom. The first bullish objective is located at 95.66 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 98.01 USD as an objective. Crossing it would then enable buyers to target 104.90 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.
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
7.9
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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 92.78 USD. On the day, this instrument gained +3.62% with the lowest point at 88.01 USD and the highest point at 93.40 USD. The deviation from the price is +5.42% for the low point and -0.66% for the high point.88.01
93.40
92.78
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. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 82.56 | 87.16 | 89.44 | 92.78 | 92.85 | 98.01 | 104.90 |
| Change (%) | -11.02% | -6.06% | -3.60% | - | +0.08% | +5.64% | +13.06% |
| Change | -10.22 | -5.62 | -3.34 | - | +0.07 | +5.23 | +12.12 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 79.19 | 82.75 | 86.15 | 89.71 | 93.11 | 96.67 | 100.07 |
| Camarilla | 87.63 | 88.26 | 88.90 | 89.54 | 90.18 | 90.82 | 91.45 |
| Woodie | 79.10 | 82.71 | 86.06 | 89.67 | 93.02 | 96.63 | 99.98 |
| Fibonacci | 82.75 | 85.41 | 87.06 | 89.71 | 92.37 | 94.02 | 96.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.57 | 36.15 | 57.94 | 95.66 | 117.45 | 155.17 | 176.96 |
| Camarilla | 63.36 | 68.81 | 74.27 | 79.72 | 85.18 | 90.63 | 96.09 |
| Woodie | -9.55 | 32.17 | 49.97 | 91.68 | 109.48 | 151.19 | 168.99 |
| Fibonacci | 36.15 | 58.89 | 72.93 | 95.66 | 118.40 | 132.44 | 155.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.63 | 32.00 | 41.42 | 46.79 | 56.21 | 61.58 | 71.00 |
| Camarilla | 46.77 | 48.13 | 49.48 | 50.84 | 52.20 | 53.55 | 54.91 |
| Woodie | 28.66 | 33.01 | 43.45 | 47.80 | 58.24 | 62.59 | 73.03 |
| Fibonacci | 32.00 | 37.65 | 41.14 | 46.79 | 52.44 | 55.93 | 61.58 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.60 | |
| MACD (12,26,9): | 0.3800 | |
| Directional Movement: | 0.16 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 90.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.37 | |
| Elder Ray (13): | 1.56 | |
| Super Trend (3,10): | 89.05 | |
| Zig ZAG (10): | 92.47 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 94.17 | |
| TEMA (21): | 91.50 | |
| Williams %R (14): | -0.82 | |
| Chande Momentum Oscillator (20): | 3.14 | |
| Repulse (5,40,3): | 1.8900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 5.92 |
| MA7: | 88.28 | |
| MA20: | 87.33 | |
| MA50: | 63.49 | |
| MA100: | 48.73 | |
| MAexp7: | 91.59 | |
| MAexp20: | 90.54 | |
| MAexp50: | 90.52 | |
| MAexp100: | 90.27 | |
| Price / MA7: | +5.10% | |
| Price / MA20: | +6.24% | |
| Price / MA50: | +46.13% | |
| Price / MA100: | +90.40% | |
| Price / MAexp7: | +1.30% | |
| Price / MAexp20: | +2.47% | |
| Price / MAexp50: | +2.50% | |
| Price / MAexp100: | +2.78% |
Quotes :
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Real time data
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