SUPERCOM - Weekly - Technical analysis published on 03/03/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.91 USD
My targets
1.55 USD (+8.39%)
2.16 USD (+51.26%)
My analysis
The bullish trend is currently very strong on SUPERCOM. As long as the price remains above the support at 0.91 USD, you could try to benefit from the boom. The first bullish objective is located at 1.55 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.16 USD as an objective. Crossing it would then enable buyers to target 2.67 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
0
10
7
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Additional analysis
Quotes
SUPERCOM rating 1.43 USD. The price is lower by -4.03% over the 5 days and was traded between 1.37 USD and 1.58 USD over the period. The price is currently at +4.38% from its lowest point and -9.49% from its highest point.1.37
1.58
1.43
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Weekly of this SUPERCOM chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Weekly
The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Downside gap
Type : Bearish
Timeframe : Weekly
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.33 | 0.73 | 1.43 | 1.55 | 2.67 | 3.56 |
| Change (%) | -76.92% | -48.95% | - | +8.39% | +86.71% | +148.95% |
| Change | -1.10 | -0.70 | - | +0.12 | +1.24 | +2.13 |
| Level | Minor | Major | - | Intermediate | Major | 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 | 1.28 | 1.35 | 1.42 | 1.50 | 1.57 | 1.64 | 1.72 |
| Camarilla | 1.46 | 1.47 | 1.49 | 1.50 | 1.51 | 1.53 | 1.54 |
| Woodie | 1.28 | 1.35 | 1.43 | 1.50 | 1.57 | 1.65 | 1.72 |
| Fibonacci | 1.35 | 1.41 | 1.44 | 1.50 | 1.55 | 1.59 | 1.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.78 | 1.08 | 1.24 | 1.54 | 1.70 | 2.00 | 2.16 |
| Camarilla | 1.28 | 1.33 | 1.37 | 1.41 | 1.45 | 1.49 | 1.54 |
| Woodie | 0.72 | 1.05 | 1.18 | 1.51 | 1.64 | 1.97 | 2.10 |
| Fibonacci | 1.08 | 1.25 | 1.36 | 1.54 | 1.71 | 1.82 | 2.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.34 | 0.42 | 0.91 | 1.67 | 2.16 | 2.92 | 3.41 |
| Camarilla | 1.07 | 1.18 | 1.30 | 1.41 | 1.53 | 1.64 | 1.75 |
| Woodie | -0.47 | 0.35 | 0.79 | 1.60 | 2.04 | 2.85 | 3.29 |
| Fibonacci | 0.42 | 0.89 | 1.19 | 1.67 | 2.14 | 2.44 | 2.92 |
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): | 54.56 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | 19.15 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.16 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 1.01 | |
| Zig ZAG (10): | 1.43 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 46.67 | |
| TEMA (21): | 1.63 | |
| Williams %R (14): | -67.81 | |
| Chande Momentum Oscillator (20): | 0.34 | |
| Repulse (5,40,3): | -28.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.3400 | |
| Courbe Coppock: | 156.68 |
| MA7: | 1.54 | |
| MA20: | 1.75 | |
| MA50: | 1.42 | |
| MA100: | 1.16 | |
| MAexp7: | 1.53 | |
| MAexp20: | 1.32 | |
| MAexp50: | 1.18 | |
| MAexp100: | 1.26 | |
| Price / MA7: | -7.14% | |
| Price / MA20: | -18.29% | |
| Price / MA50: | +0.70% | |
| Price / MA100: | +23.28% | |
| Price / MAexp7: | -6.54% | |
| Price / MAexp20: | +8.33% | |
| Price / MAexp50: | +21.19% | |
| Price / MAexp100: | +13.49% |
Quotes :
2021-03-02 20:59:59
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15 min delayed data
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NASDAQ Stocks
News
The last news published on SUPERCOM at the time of the generation of this analysis was as follows:
- SuperCom to Launch Immediate Coronavirus Quarantine Compliance Pilot in Israel
- SuperCom Closes $7 Million Financing
- SuperCom Names New President and CEO - Mr. Ordan Trabelsi
- SuperCom Regains Compliance with Nasdaq Minimum Bid Price Requirement
- SuperCom's Cyber Security Division Selected by an Israeli Government Security Agency for a $1.2 Million Program
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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