NEO - NEO/USD - Weekly - Technical analysis published on 11/17/2021 (GMT)
- 205
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
NEO - NEO/USD Chart
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Neutral between 36.00 USD and 50.09 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 36.00 USD. The first resistance is located at 50.09 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish 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 registered by NEO - NEO/USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 baltbach.
Additional analysis
Quotes
The NEO - NEO/USD rating is 42.01 USD. Over 5 days, this instrument lost -13.77% with the lowest point at 46.94 USD and the highest point at 49.90 USD. The deviation from the price is -10.50% for the low point and -15.81% for the high point.46.94
49.90
42.01
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Weekly of this NEO - NEO/USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Weekly
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Weekly
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Weekly
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.35 | 25.72 | 36.00 | 42.01 | 54.83 | 65.69 | 122.72 |
| Change (%) | -68.22% | -38.78% | -14.31% | - | +30.52% | +56.37% | +192.12% |
| Change | -28.66 | -16.29 | -6.01 | - | +12.82 | +23.68 | +80.71 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.72 | 38.14 | 40.62 | 44.04 | 46.52 | 49.94 | 52.42 |
| Camarilla | 41.49 | 42.03 | 42.57 | 43.11 | 43.65 | 44.19 | 44.73 |
| Woodie | 34.26 | 37.91 | 40.16 | 43.81 | 46.06 | 49.71 | 51.96 |
| Fibonacci | 38.14 | 40.39 | 41.78 | 44.04 | 46.29 | 47.68 | 49.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.21 | 40.52 | 44.77 | 49.08 | 53.33 | 57.64 | 61.89 |
| Camarilla | 46.66 | 47.44 | 48.23 | 49.01 | 49.80 | 50.58 | 51.36 |
| Woodie | 36.17 | 40.51 | 44.73 | 49.07 | 53.29 | 57.63 | 61.85 |
| Fibonacci | 40.52 | 43.79 | 45.81 | 49.08 | 52.35 | 54.37 | 57.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.91 | 33.30 | 39.00 | 44.39 | 50.09 | 55.48 | 61.18 |
| Camarilla | 41.65 | 42.67 | 43.68 | 44.70 | 45.72 | 46.73 | 47.75 |
| Woodie | 28.07 | 33.38 | 39.16 | 44.47 | 50.25 | 55.56 | 61.34 |
| Fibonacci | 33.30 | 37.54 | 40.15 | 44.39 | 48.63 | 51.24 | 55.48 |
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): | 47.10 | |
| MACD (12,26,9): | -0.7000 | |
| Directional Movement: | 9.54 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 46.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.76 | |
| Elder Ray (13): | -0.50 | |
| Super Trend (3,10): | 76.04 | |
| Zig ZAG (10): | 42.13 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 31.06 | |
| TEMA (21): | 42.85 | |
| Williams %R (14): | -79.61 | |
| Chande Momentum Oscillator (20): | -12.48 | |
| Repulse (5,40,3): | -17.1800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 7.52 |
| MA7: | 46.59 | |
| MA20: | 46.53 | |
| MA50: | 45.01 | |
| MA100: | 47.99 | |
| MAexp7: | 44.95 | |
| MAexp20: | 46.55 | |
| MAexp50: | 42.98 | |
| MAexp100: | 35.44 | |
| Price / MA7: | -9.83% | |
| Price / MA20: | -9.71% | |
| Price / MA50: | -6.67% | |
| Price / MA100: | -12.46% | |
| Price / MAexp7: | -6.54% | |
| Price / MAexp20: | -9.75% | |
| Price / MAexp50: | -2.26% | |
| Price / MAexp100: | +18.54% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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