XMONEY - UTK/USD - 1H - Technical analysis published on 01/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.068550 USD
My targets
0.064377 USD (-4.44%)
0.061508 USD (-8.70%)
My analysis
UTRUST - UTK/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.068550 USD. The next support located at 0.064377 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.061508 USD. Below this support, sellers could then target 0.057492 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
5.4
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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 0.067371 USD. The price registered a decrease of -0.08% on the session and was traded between 0.066412 USD and 0.068170 USD over the period. The price is currently at +1.44% from its lowest and -1.17% from its highest.0.066412
0.068170
0.067371
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 UTRUST - UTK/USD chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
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 : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.057492 | 0.061508 | 0.064377 | 0.067371 | 0.067714 | 0.071937 | 0.073571 |
| Change (%) | -14.66% | -8.70% | -4.44% | - | +0.51% | +6.78% | +9.20% |
| Change | -0.009879 | -0.005863 | -0.002994 | - | +0.000343 | +0.004566 | +0.006200 |
| Level | Intermediate | Intermediate | Major | - | Minor | Major | Intermediate |
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 | 0.064554 | 0.065988 | 0.066706 | 0.068140 | 0.068858 | 0.070292 | 0.071010 |
| Camarilla | 0.066831 | 0.067029 | 0.067226 | 0.067423 | 0.067620 | 0.067818 | 0.068015 |
| Woodie | 0.064195 | 0.065809 | 0.066347 | 0.067961 | 0.068499 | 0.070113 | 0.070651 |
| Fibonacci | 0.065988 | 0.066810 | 0.067318 | 0.068140 | 0.068962 | 0.069470 | 0.070292 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.048431 | 0.054970 | 0.062011 | 0.068550 | 0.075591 | 0.082130 | 0.089171 |
| Camarilla | 0.065319 | 0.066563 | 0.067808 | 0.069053 | 0.070298 | 0.071543 | 0.072788 |
| Woodie | 0.048683 | 0.055096 | 0.062263 | 0.068676 | 0.075843 | 0.082256 | 0.089423 |
| Fibonacci | 0.054970 | 0.060157 | 0.063362 | 0.068550 | 0.073737 | 0.076942 | 0.082130 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049796 | 0.063981 | 0.073279 | 0.087464 | 0.096762 | 0.110947 | 0.120245 |
| Camarilla | 0.076118 | 0.078271 | 0.080423 | 0.082576 | 0.084729 | 0.086881 | 0.089034 |
| Woodie | 0.047352 | 0.062759 | 0.070835 | 0.086242 | 0.094318 | 0.109725 | 0.117801 |
| Fibonacci | 0.063981 | 0.072952 | 0.078494 | 0.087464 | 0.096435 | 0.101977 | 0.110947 |
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): | 36.90 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -14.422956 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.068494 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.069326 | |
| Elder Ray (13): | -0.001309 | |
| Super Trend (3,10): | 0.067286 | |
| Zig ZAG (10): | 0.067369 | |
| VORTEX (21): | 0.8578 | |
| Stochastique (14,3,5): | 23.12 | |
| TEMA (21): | 0.068079 | |
| Williams %R (14): | -69.72 | |
| Chande Momentum Oscillator (20): | -0.001430 | |
| Repulse (5,40,3): | 0.8772 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0398 | |
| Courbe Coppock: | 1.34 |
| MA7: | 0.068541 | |
| MA20: | 0.071724 | |
| MA50: | 0.080846 | |
| MA100: | 0.073473 | |
| MAexp7: | 0.068117 | |
| MAexp20: | 0.068318 | |
| MAexp50: | 0.068078 | |
| MAexp100: | 0.068511 | |
| Price / MA7: | -1.71% | |
| Price / MA20: | -6.07% | |
| Price / MA50: | -16.67% | |
| Price / MA100: | -8.31% | |
| Price / MAexp7: | -1.10% | |
| Price / MAexp20: | -1.39% | |
| Price / MAexp50: | -1.04% | |
| Price / MAexp100: | -1.66% |
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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