NEO - NEO/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	NEOUSD
ISIN:

NEO - NEO/USD - Daily - Technical analysis published on 03/27/2023 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 11.66 USD

My targets

13.37 USD (+3.72%)

14.50 USD (+12.49%)

My analysis

The bullish trend is currently very strong on NEO - NEO/USD. As long as the price remains above the support at 11.66 USD, you could try to benefit from the boom. The first bullish objective is located at 13.37 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.50 USD as an objective. Crossing it would then enable buyers to target 25.68 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

8.6

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

Additional analysis

Quotes

NEO - NEO/USD rating 12.89 USD. On the day, this instrument gained +5.66% and was traded between 12.19 USD and 12.95 USD over the period. The price is currently at +5.74% from its lowest and -0.46% from its highest.

12.19

12.95

12.89

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:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in Daily of this NEO - NEO/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.15	8.96	11.66	12.89	13.37	14.50	25.68
Change (%)	-36.77%	-30.49%	-9.54%	-	+3.72%	+12.49%	+99.22%
Change	-4.74	-3.93	-1.23	-	+0.48	+1.61	+12.79
Level	Minor	Major	Intermediate	-	Minor	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	11.40	11.61	11.91	12.12	12.42	12.63	12.93
Camarilla	12.06	12.11	12.15	12.20	12.25	12.29	12.34
Woodie	11.44	11.63	11.95	12.14	12.46	12.65	12.97
Fibonacci	11.61	11.81	11.93	12.12	12.32	12.44	12.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.54	9.91	10.93	12.30	13.32	14.69	15.71
Camarilla	11.29	11.51	11.73	11.95	12.17	12.39	12.61
Woodie	8.37	9.82	10.76	12.21	13.15	14.60	15.54
Fibonacci	9.91	10.82	11.39	12.30	13.21	13.78	14.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.74	4.94	9.24	12.44	16.74	19.94	24.24
Camarilla	11.47	12.16	12.84	13.53	14.22	14.91	15.59
Woodie	2.28	5.22	9.78	12.72	17.28	20.22	24.78
Fibonacci	4.94	7.81	9.58	12.44	15.31	17.08	19.94

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):	57.03
MACD (12,26,9):	0.3700
Directional Movement:	12.95
AROON (14):	50.00
DEMA (21):	12.40
Parabolic SAR (0,02-0,02-0,2):	11.43
Elder Ray (13):	0.27
Super Trend (3,10):	9.36
Zig ZAG (10):	12.53
VORTEX (21):	0.9800
Stochastique (14,3,5):	61.92
TEMA (21):	12.37
Williams %R (14):	-33.53
Chande Momentum Oscillator (20):	2.09
Repulse (5,40,3):	3.4800
ROCnROLL:	1
TRIX (15,9):	0.3800
Courbe Coppock:	37.07

MA7:	12.34
MA20:	11.54
MA50:	11.20
MA100:	9.21
MAexp7:	12.33
MAexp20:	11.92
MAexp50:	11.08
MAexp100:	10.05
Price / MA7:	+4.46%
Price / MA20:	+11.70%
Price / MA50:	+15.09%
Price / MA100:	+39.96%
Price / MAexp7:	+4.54%
Price / MAexp20:	+8.14%
Price / MAexp50:	+16.34%
Price / MAexp100:	+28.26%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15437

Number of analyses :

88364

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…