CONNECTM TECHNOLOGY SOLUTIONS
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USD
(-)
- 15 min delayed data - NASDAQ Stocks
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Stocks |
| Ticker: | CNTM |
| ISIN: |
CONNECTM TECHNOLOGY SOLUTIONS - 1H - Technical analysis published on 10/01/2024 (GMT)
- 98
- 0
- 10/01/2024 - 11:08
- Timeframe : 1H
- - Analysis generated on 10/01/2024 - 11:08
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
28%
44%
28%
My opinion
Neutral between 1.12 USD and 1.19 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1.12 USD. The first resistance is located at 1.19 USD. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by CONNECTM TECHNOLOGY SOLUTIONS.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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This analysis was given by hervorragend. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CONNECTM TECHNOLOGY SOLUTIONS rating 1.15 USD. The price is lower by -2.54% since the last closing and was traded between 1.12 USD and 1.19 USD over the period. The price is currently at +2.68% from its lowest and -3.36% from its highest.1.12
1.19
1.15
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CONNECTM TECHNOLOGY SOLUTIONS in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.91 | 1.06 | 1.12 | 1.15 | 1.22 | 1.35 | 1.43 |
| Change (%) | -20.87% | -7.83% | -2.61% | - | +6.09% | +17.39% | +24.35% |
| Change | -0.24 | -0.09 | -0.03 | - | +0.07 | +0.20 | +0.28 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | 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 | 1.05 | 1.08 | 1.12 | 1.15 | 1.19 | 1.22 | 1.26 |
| Camarilla | 1.13 | 1.14 | 1.14 | 1.15 | 1.16 | 1.16 | 1.17 |
| Woodie | 1.05 | 1.08 | 1.12 | 1.15 | 1.19 | 1.22 | 1.26 |
| Fibonacci | 1.08 | 1.11 | 1.13 | 1.15 | 1.18 | 1.20 | 1.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.05 | 1.08 | 1.12 | 1.15 | 1.19 | 1.22 | 1.26 |
| Camarilla | 1.13 | 1.14 | 1.14 | 1.15 | 1.16 | 1.16 | 1.17 |
| Woodie | 1.05 | 1.08 | 1.12 | 1.15 | 1.19 | 1.22 | 1.26 |
| Fibonacci | 1.08 | 1.11 | 1.13 | 1.15 | 1.18 | 1.20 | 1.22 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.86 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -4.65 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.32 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 1.26 | |
| Zig ZAG (10): | 1.15 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 14.84 | |
| TEMA (21): | 1.13 | |
| Williams %R (14): | -76.92 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 13.20 |
| MA7: | 1.17 | |
| MA20: | 1.11 | |
| MA50: | 1.06 | |
| MA100: | 5.52 | |
| MAexp7: | 1.15 | |
| MAexp20: | 1.17 | |
| MAexp50: | 1.17 | |
| MAexp100: | 1.14 | |
| Price / MA7: | -1.71% | |
| Price / MA20: | +3.60% | |
| Price / MA50: | +8.49% | |
| Price / MA100: | -79.17% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -1.71% | |
| Price / MAexp50: | -1.71% | |
| Price / MAexp100: | +0.88% |
Quotes :
09/30/2024 - 19:59
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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:
- 09/26/2024 - 12:30 ConnectM Eliminates $13.7 Million Debt
- 09/17/2024 - 12:30 ConnectM Successfully Eliminates $7.5 Million in Debt, Reaching Halfway Mark in Debt-To-Equity Conversion
- 08/28/2024 - 12:30 ConnectM Prepares to Deleverage Balance Sheet with Board’s Approval of Debt-to-Equity Conversion
- 08/22/2024 - 12:30 ConnectM Publishes New Investor Materials
- 08/13/2024 - 12:30 ConnectM Ranks No. 104 on the Inc. 5000
This member declared not having a position on this financial instrument or a related financial instrument.
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