NEO - NEO/USD - 1H - Technical analysis published on 07/30/2021 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 33.00 USD
My targets
34.75 USD (+1.40%)
35.53 USD (+3.68%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEO - NEO/USD as long as the price remains well above 33.00 USD. The buyers' bullish objective is set at 34.75 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 35.53 USD. If there is any crossing, the next objective would be the resistance located at 43.49 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5
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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
NEO - NEO/USD rating 34.27 USD. The price is lower by -2.86% since the last closing with the lowest point at 33.71 USD and the highest point at 36.68 USD. The deviation from the price is +1.66% for the low point and -6.57% for the high point.33.71
36.68
34.27
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NEO - NEO/USD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
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 | 27.93 | 30.12 | 31.42 | 34.27 | 34.75 | 35.53 | 43.49 |
| Change (%) | -18.50% | -12.11% | -8.32% | - | +1.40% | +3.68% | +26.90% |
| Change | -6.34 | -4.15 | -2.85 | - | +0.48 | +1.26 | +9.22 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.16 | 32.88 | 34.08 | 34.80 | 36.00 | 36.72 | 37.92 |
| Camarilla | 34.75 | 34.93 | 35.10 | 35.28 | 35.46 | 35.63 | 35.81 |
| Woodie | 32.40 | 33.00 | 34.32 | 34.92 | 36.24 | 36.84 | 38.16 |
| Fibonacci | 32.88 | 33.61 | 34.07 | 34.80 | 35.53 | 35.99 | 36.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.88 | 23.04 | 26.94 | 29.10 | 33.00 | 35.16 | 39.06 |
| Camarilla | 29.17 | 29.73 | 30.29 | 30.84 | 31.40 | 31.95 | 32.51 |
| Woodie | 21.75 | 23.48 | 27.81 | 29.54 | 33.87 | 35.60 | 39.93 |
| Fibonacci | 23.04 | 25.36 | 26.79 | 29.10 | 31.42 | 32.85 | 35.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.15 | 12.56 | 24.51 | 38.22 | 50.17 | 63.88 | 75.83 |
| Camarilla | 29.40 | 31.76 | 34.11 | 36.46 | 38.81 | 41.16 | 43.52 |
| Woodie | -2.03 | 12.12 | 23.63 | 37.78 | 49.29 | 63.44 | 74.95 |
| Fibonacci | 12.56 | 22.36 | 28.42 | 38.22 | 48.02 | 54.08 | 63.88 |
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): | 50.26 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | -2.89 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 34.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 33.80 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 33.06 | |
| Zig ZAG (10): | 34.10 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 61.47 | |
| TEMA (21): | 34.20 | |
| Williams %R (14): | -56.07 | |
| Chande Momentum Oscillator (20): | -0.16 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.09 |
| MA7: | 32.30 | |
| MA20: | 31.32 | |
| MA50: | 36.06 | |
| MA100: | 57.95 | |
| MAexp7: | 34.19 | |
| MAexp20: | 34.14 | |
| MAexp50: | 33.81 | |
| MAexp100: | 33.02 | |
| Price / MA7: | +6.10% | |
| Price / MA20: | +9.42% | |
| Price / MA50: | -4.96% | |
| Price / MA100: | -40.86% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +1.36% | |
| Price / MAexp100: | +3.79% |
Quotes :
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Real time data
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