CONNECTM TECHNOLOGY SOLUTIONS - 15 min. - Technical analysis published on 09/21/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : IN PROGRESS...
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above
My targets
()
()
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CONNECTM TECHNOLOGY SOLUTIONS. As long as you are above the support located at , traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at as an objective. Crossing it would then enable buyers to target . If the support were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.8
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 hervorragend. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CONNECTM TECHNOLOGY SOLUTIONS rating is 1.12 USD. On the day, this instrument gained +2.75% and was traded between 1.08 USD and 1.22 USD over the period. The price is currently at +3.70% from its lowest and -8.20% from its highest.1.08
1.22
1.12
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on CONNECTM TECHNOLOGY SOLUTIONS were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this CONNECTM TECHNOLOGY SOLUTIONS chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.72 | 0.91 | 1.06 | 1.12 | 1.15 | 1.26 | 1.66 |
| Change (%) | -35.71% | -18.75% | -5.36% | - | +2.68% | +12.50% | +48.21% |
| Change | -0.40 | -0.21 | -0.06 | - | +0.03 | +0.14 | +0.54 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.92 | 1.00 | 1.06 | 1.14 | 1.20 | 1.28 | 1.34 |
| Camarilla | 1.08 | 1.09 | 1.11 | 1.12 | 1.13 | 1.15 | 1.16 |
| Woodie | 0.91 | 1.00 | 1.05 | 1.14 | 1.19 | 1.28 | 1.33 |
| Fibonacci | 1.00 | 1.05 | 1.09 | 1.14 | 1.19 | 1.23 | 1.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.89 | 0.98 | 1.05 | 1.14 | 1.21 | 1.30 | 1.37 |
| Camarilla | 1.08 | 1.09 | 1.11 | 1.12 | 1.14 | 1.15 | 1.16 |
| Woodie | 0.88 | 0.98 | 1.04 | 1.14 | 1.20 | 1.30 | 1.36 |
| Fibonacci | 0.98 | 1.04 | 1.08 | 1.14 | 1.20 | 1.24 | 1.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.74 | -0.03 | 0.42 | 1.13 | 1.58 | 2.29 | 2.74 |
| Camarilla | 0.56 | 0.67 | 0.77 | 0.88 | 0.99 | 1.09 | 1.20 |
| Woodie | -0.86 | -0.10 | 0.30 | 1.07 | 1.46 | 2.23 | 2.62 |
| Fibonacci | -0.03 | 0.41 | 0.68 | 1.13 | 1.57 | 1.84 | 2.29 |
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): | 48.21 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 3.06 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 1.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.11 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.12 | |
| Zig ZAG (10): | 1.13 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 69.44 | |
| TEMA (21): | 1.18 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | -0.7900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 10.12 |
| MA7: | 1.11 | |
| MA20: | 1.02 | |
| MA50: | 1.21 | |
| MA100: | 6.13 | |
| MAexp7: | 1.17 | |
| MAexp20: | 1.15 | |
| MAexp50: | 1.13 | |
| MAexp100: | 1.12 | |
| Price / MA7: | +0.90% | |
| Price / MA20: | +9.80% | |
| Price / MA50: | -7.44% | |
| Price / MA100: | -81.73% | |
| Price / MAexp7: | -3.42% | |
| Price / MAexp20: | -1.74% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.89% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on CONNECTM TECHNOLOGY SOLUTIONS at the time of the analysis were as follows:
- ConnectM Successfully Eliminates $7.5 Million in Debt, Reaching Halfway Mark in Debt-To-Equity Conversion
- ConnectM Prepares to Deleverage Balance Sheet with Board’s Approval of Debt-to-Equity Conversion
- ConnectM Publishes New Investor Materials
- ConnectM Ranks No. 104 on the Inc. 5000
- ConnectM Publishes Impact Scorecard for the Six Months Ended June 30, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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