EOS - EOS/USD - Daily - Technical analysis published on 10/01/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 1.38 USD
My targets
0.91 USD (-24.42%)
My analysis
In the short term, we can see an acceleration in the bearish trend on EOS - EOS/USD, which is a positive signal for sellers. As long as the price remains above 1.38 USD, a sale could be considered. The first bearish objective is located at 0.91 USD. The bearish momentum would be revived by a break in this support. If the price were to return above 1.38 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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Additional analysis
Quotes
The EOS - EOS/USD rating is 1.20 USD. The price registered an increase of +1.70% on the session and was traded between 1.18 USD and 1.21 USD over the period. The price is currently at +1.69% from its lowest and -0.83% from its highest.1.18
1.21
1.20
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of EOS - EOS/USD indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced 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.
On the 18 technical indicators analysed, 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.89 | 1.19 | 1.20 | 1.38 | 1.84 | 2.34 |
Change (%) | -25.83% | -0.83% | - | +15.00% | +53.33% | +95.00% |
Change | -0.31 | -0.01 | - | +0.18 | +0.64 | +1.14 |
Level | Major | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.10 | 1.13 | 1.16 | 1.19 | 1.22 | 1.25 | 1.28 |
Camarilla | 1.16 | 1.17 | 1.18 | 1.18 | 1.19 | 1.19 | 1.20 |
Woodie | 1.09 | 1.13 | 1.15 | 1.19 | 1.21 | 1.25 | 1.27 |
Fibonacci | 1.13 | 1.16 | 1.17 | 1.19 | 1.22 | 1.23 | 1.25 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.77 | 0.97 | 1.08 | 1.28 | 1.39 | 1.59 | 1.70 |
Camarilla | 1.12 | 1.14 | 1.17 | 1.20 | 1.23 | 1.26 | 1.29 |
Woodie | 0.74 | 0.95 | 1.05 | 1.26 | 1.36 | 1.57 | 1.67 |
Fibonacci | 0.97 | 1.09 | 1.16 | 1.28 | 1.40 | 1.47 | 1.59 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.16 | 0.63 | 0.91 | 1.38 | 1.66 | 2.13 | 2.41 |
Camarilla | 0.97 | 1.04 | 1.11 | 1.18 | 1.25 | 1.32 | 1.39 |
Woodie | 0.06 | 0.58 | 0.81 | 1.33 | 1.56 | 2.08 | 2.31 |
Fibonacci | 0.63 | 0.92 | 1.10 | 1.38 | 1.67 | 1.85 | 2.13 |
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): | 42.11 | |
MACD (12,26,9): | -0.0800 | |
Directional Movement: | -4.84 | |
AROON (14): | -78.57 | |
DEMA (21): | 1.18 | |
Parabolic SAR (0,02-0,02-0,2): | 1.23 | |
Elder Ray (13): | -0.04 | |
Super Trend (3,10): | 1.46 | |
Zig ZAG (10): | 1.20 | |
VORTEX (21): | 0.7800 | |
Stochastique (14,3,5): | 23.25 | |
TEMA (21): | 1.12 | |
Williams %R (14): | -75.00 | |
Chande Momentum Oscillator (20): | -0.10 | |
Repulse (5,40,3): | 0.5000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.7900 | |
Courbe Coppock: | 35.28 |
MA7: | 1.18 | |
MA20: | 1.29 | |
MA50: | 1.43 | |
MA100: | 1.27 | |
MAexp7: | 1.20 | |
MAexp20: | 1.28 | |
MAexp50: | 1.35 | |
MAexp100: | 1.37 | |
Price / MA7: | +1.69% | |
Price / MA20: | -6.98% | |
Price / MA50: | -16.08% | |
Price / MA100: | -5.51% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | -6.25% | |
Price / MAexp50: | -11.11% | |
Price / MAexp100: | -12.41% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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