MONGODB INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MDB
ISIN:

MONGODB INC. - 1H - Technical analysis published on 09/11/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 380.31 USD

My targets

400.52 USD (+1.78%)

414.00 USD (+5.21%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MONGODB INC. as long as the price remains well above 380.31 USD. The buyers' bullish objective is set at 400.52 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 414.00 USD. If there is any crossing, the next objective would be the resistance located at 422.85 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MONGODB INC. rating is 393.51 USD. The price has increased by +4.30% since the last closing and was between 379.72 USD and 395.05 USD. This implies that the price is at +3.63% from its lowest and at -0.39% from its highest.

379.72

395.05

393.51

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:

Technical

A technical analysis in 1H of this MONGODB INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	350.83	368.68	380.31	393.51	400.52	414.00	422.85
Change (%)	-10.85%	-6.31%	-3.35%	-	+1.78%	+5.21%	+7.46%
Change	-42.68	-24.83	-13.20	-	+7.01	+20.49	+29.34
Level	Major	Intermediate	Major	-	Minor	Intermediate	Major

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	364.80	369.99	373.64	378.83	382.48	387.67	391.32
Camarilla	374.86	375.67	376.48	377.29	378.10	378.91	379.72
Woodie	364.03	369.61	372.87	378.45	381.71	387.29	390.55
Fibonacci	369.99	373.37	375.45	378.83	382.21	384.29	387.67

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	334.66	351.72	364.51	381.57	394.36	411.42	424.21
Camarilla	369.08	371.82	374.55	377.29	380.03	382.76	385.50
Woodie	332.52	350.65	362.37	380.50	392.22	410.35	422.07
Fibonacci	351.72	363.13	370.17	381.57	392.98	400.02	411.42

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	257.59	299.80	340.55	382.76	423.51	465.72	506.47
Camarilla	358.49	366.09	373.70	381.30	388.91	396.51	404.11
Woodie	256.86	299.44	339.82	382.40	422.78	465.36	505.74
Fibonacci	299.80	331.49	351.07	382.76	414.45	434.03	465.72

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):	66.91
MACD (12,26,9):	2.4200
Directional Movement:	20.80
AROON (14):	71.43
DEMA (21):	387.31
Parabolic SAR (0,02-0,02-0,2):	379.12
Elder Ray (13):	7.57
Super Trend (3,10):	381.83
Zig ZAG (10):	394.15
VORTEX (21):	1.1300
Stochastique (14,3,5):	94.87
TEMA (21):	389.35
Williams %R (14):	-5.28
Chande Momentum Oscillator (20):	17.60
Repulse (5,40,3):	0.9900
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	5.99

MA7:	385.61
MA20:	370.27
MA50:	388.89
MA100:	346.77
MAexp7:	389.53
MAexp20:	385.20
MAexp50:	382.37
MAexp100:	379.11
Price / MA7:	+2.05%
Price / MA20:	+6.28%
Price / MA50:	+1.19%
Price / MA100:	+13.48%
Price / MAexp7:	+1.02%
Price / MAexp20:	+2.16%
Price / MAexp50:	+2.91%
Price / MAexp100:	+3.80%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on MONGODB INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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