XMONEY - UTK/USD - 1H - Technical analysis published on 12/11/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 0.087084 USD
My targets
0.097242 USD (+6.67%)
0.102536 USD (+12.47%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on UTRUST - UTK/USD. As long as you are above the support located at 0.087084 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.097242 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.102536 USD as an objective. Crossing it would then enable buyers to target 0.151120 USD. If the support 0.087084 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UTRUST - UTK/USD rating 0.091164 USD. On the day, this instrument lost -1.35% and was between 0.086945 USD and 0.092708 USD. This implies that the price is at +4.85% from its lowest and at -1.67% from its highest.0.086945
0.092708
0.091164
Here is a more detailed summary of the historical variations registered by UTRUST - UTK/USD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of UTRUST - UTK/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.078878 | 0.083360 | 0.087084 | 0.091164 | 0.091709 | 0.151120 | 0.297560 |
| Change (%) | -13.48% | -8.56% | -4.48% | - | +0.60% | +65.77% | +226.40% |
| Change | -0.012286 | -0.007804 | -0.004080 | - | +0.000545 | +0.059956 | +0.206396 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 | 0.076458 | 0.083345 | 0.087877 | 0.094764 | 0.099296 | 0.106183 | 0.110715 |
| Camarilla | 0.089270 | 0.090317 | 0.091363 | 0.092410 | 0.093457 | 0.094504 | 0.095550 |
| Woodie | 0.075282 | 0.082756 | 0.086701 | 0.094175 | 0.098120 | 0.105594 | 0.109539 |
| Fibonacci | 0.083345 | 0.087707 | 0.090402 | 0.094764 | 0.099126 | 0.101821 | 0.106183 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.067578 | 0.072872 | 0.082410 | 0.087704 | 0.097242 | 0.102536 | 0.112074 |
| Camarilla | 0.087868 | 0.089228 | 0.090587 | 0.091947 | 0.093307 | 0.094666 | 0.096026 |
| Woodie | 0.069699 | 0.073933 | 0.084531 | 0.088765 | 0.099363 | 0.103597 | 0.114195 |
| Fibonacci | 0.072872 | 0.078538 | 0.082039 | 0.087704 | 0.093370 | 0.096871 | 0.102536 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038775 | 0.048023 | 0.064860 | 0.074108 | 0.090945 | 0.100193 | 0.117030 |
| Camarilla | 0.074525 | 0.076916 | 0.079307 | 0.081698 | 0.084089 | 0.086480 | 0.088871 |
| Woodie | 0.042571 | 0.049920 | 0.068656 | 0.076005 | 0.094741 | 0.102090 | 0.120826 |
| Fibonacci | 0.048023 | 0.057987 | 0.064143 | 0.074108 | 0.084072 | 0.090228 | 0.100193 |
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): | 47.66 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -4.070031 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.090437 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.087484 | |
| Elder Ray (13): | 0.000243 | |
| Super Trend (3,10): | 0.093924 | |
| Zig ZAG (10): | 0.090737 | |
| VORTEX (21): | 0.9291 | |
| Stochastique (14,3,5): | 65.87 | |
| TEMA (21): | 0.089886 | |
| Williams %R (14): | -34.91 | |
| Chande Momentum Oscillator (20): | -0.001673 | |
| Repulse (5,40,3): | -0.4538 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0862 | |
| Courbe Coppock: | 3.35 |
| MA7: | 0.087980 | |
| MA20: | 0.080957 | |
| MA50: | 0.071555 | |
| MA100: | 0.062744 | |
| MAexp7: | 0.090562 | |
| MAexp20: | 0.091063 | |
| MAexp50: | 0.091121 | |
| MAexp100: | 0.089691 | |
| Price / MA7: | +3.62% | |
| Price / MA20: | +12.61% | |
| Price / MA50: | +27.40% | |
| Price / MA100: | +45.30% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +1.64% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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