EXP WORLD HOLDINGS INC. - Daily - Technical analysis published on 03/05/2020 (GMT)
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- Timeframe : Daily
- - 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 bearish
De fond:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 10.18 USD
My targets
9.33 USD (-6.51%)
9.00 USD (-9.82%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EXP WORLD HOLDINGS INC. as long as the price remains well below 10.18 USD. The sellers” bearish objective is set at 9.33 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 9.00 USD. In case of crossing, the next objective would be the support located at 8.56 USD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
4.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EXP WORLD HOLDINGS INC. price is 9.98 USD. The price is lower by +1.94% since the last closing and was traded between 9.73 USD and 10.03 USD over the period. The price is currently at +2.57% from its lowest and -0.50% from its highest.9.73
10.03
9.98
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EXP WORLD HOLDINGS INC. indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 8.56 | 9.00 | 9.33 | 9.98 | 10.18 | 10.68 | 11.15 |
| Change (%) | -14.23% | -9.82% | -6.51% | - | +2.00% | +7.01% | +11.72% |
| Change | -1.42 | -0.98 | -0.65 | - | +0.20 | +0.70 | +1.17 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.97 | 9.29 | 9.54 | 9.86 | 10.11 | 10.43 | 10.68 |
| Camarilla | 9.63 | 9.69 | 9.74 | 9.79 | 9.84 | 9.89 | 9.95 |
| Woodie | 8.94 | 9.27 | 9.51 | 9.84 | 10.08 | 10.41 | 10.65 |
| Fibonacci | 9.29 | 9.51 | 9.64 | 9.86 | 10.08 | 10.21 | 10.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.84 | 8.13 | 8.85 | 10.14 | 10.85 | 12.14 | 12.86 |
| Camarilla | 9.01 | 9.19 | 9.38 | 9.56 | 9.74 | 9.93 | 10.11 |
| Woodie | 6.55 | 7.99 | 8.56 | 9.99 | 10.56 | 12.00 | 12.57 |
| Fibonacci | 8.13 | 8.90 | 9.37 | 10.14 | 10.90 | 11.38 | 12.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.15 | 7.79 | 8.67 | 10.31 | 11.20 | 12.84 | 13.72 |
| Camarilla | 8.87 | 9.10 | 9.33 | 9.56 | 9.79 | 10.02 | 10.25 |
| Woodie | 5.77 | 7.60 | 8.30 | 10.12 | 10.82 | 12.65 | 13.35 |
| Fibonacci | 7.79 | 8.75 | 9.35 | 10.31 | 11.28 | 11.87 | 12.84 |
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): | 36.81 | |
| MACD (12,26,9): | -0.3300 | |
| Directional Movement: | -16.39 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 10.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.82 | |
| Elder Ray (13): | -0.61 | |
| Super Trend (3,10): | 11.02 | |
| Zig ZAG (10): | 9.98 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 19.78 | |
| TEMA (21): | 10.00 | |
| Williams %R (14): | -76.73 | |
| Chande Momentum Oscillator (20): | -1.34 | |
| Repulse (5,40,3): | -0.8000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 21.14 |
| MA7: | 10.15 | |
| MA20: | 10.97 | |
| MA50: | 11.05 | |
| MA100: | 10.48 | |
| MAexp7: | 10.17 | |
| MAexp20: | 10.69 | |
| MAexp50: | 10.84 | |
| MAexp100: | 10.60 | |
| Price / MA7: | -1.67% | |
| Price / MA20: | -9.02% | |
| Price / MA50: | -9.68% | |
| Price / MA100: | -4.77% | |
| Price / MAexp7: | -1.87% | |
| Price / MAexp20: | -6.64% | |
| Price / MAexp50: | -7.93% | |
| Price / MAexp100: | -5.85% |
News
Don"t forget to follow the news on EXP WORLD HOLDINGS INC.. At the time of publication of this analysis, the latest news was as follows:
- eXp Realty Announces February ICON Agents
- eXp Realty Welcomes Chuck and Angela Fazio and Revelation Real Estate, One of the Largest Independent Brokerages in the US
- eXp UK Sees Strong Growth in First 3 Months
- eXp World Holdings Announces Sixth Annual Shareholder Summit
- eXp Realty Surpasses 900 Agents Across Canada, Opens in Nova Scotia
This member declared not having a position on this financial instrument or a related financial instrument.
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