ONTOLOGY - ONT/USD - Daily - Technical analysis published on 09/14/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.293333 USD
My targets
0.204545 USD (-14.77%)
My analysis
ONTOLOGY - ONT/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 0.293333 USD. The next support located at 0.204545 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ONTOLOGY - ONT/USD rating is 0.240000 USD. The price has increased by +9.09% since the last closing with the lowest point at 0.220000 USD and the highest point at 0.240000 USD. The deviation from the price is +9.09% for the low point and 0% for the high point.0.220000
0.240000
0.240000
Here is a more detailed summary of the historical variations registered by ONTOLOGY - ONT/USD:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of ONTOLOGY - ONT/USD indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.204545 | 0.240000 | 0.300000 | 0.424000 | 0.560000 |
Change (%) | -14.77% | - | +25.00% | +76.67% | +133.33% |
Change | -0.035455 | - | +0.060000 | +0.184000 | +0.320000 |
Level | Major | - | Intermediate | Intermediate | Minor |
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 | 0.180000 | 0.200000 | 0.210000 | 0.230000 | 0.240000 | 0.260000 | 0.270000 |
Camarilla | 0.211750 | 0.214500 | 0.217250 | 0.220000 | 0.222750 | 0.225500 | 0.228250 |
Woodie | 0.175000 | 0.197500 | 0.205000 | 0.227500 | 0.235000 | 0.257500 | 0.265000 |
Fibonacci | 0.200000 | 0.211460 | 0.218540 | 0.230000 | 0.241460 | 0.248540 | 0.260000 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.193333 | 0.206667 | 0.233333 | 0.246667 | 0.273333 | 0.286667 | 0.313333 |
Camarilla | 0.249000 | 0.252667 | 0.256333 | 0.260000 | 0.263667 | 0.267333 | 0.271000 |
Woodie | 0.200000 | 0.210000 | 0.240000 | 0.250000 | 0.280000 | 0.290000 | 0.320000 |
Fibonacci | 0.206667 | 0.221947 | 0.231387 | 0.246667 | 0.261947 | 0.271387 | 0.286667 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.003333 | 0.113333 | 0.176667 | 0.293333 | 0.356667 | 0.473333 | 0.536667 |
Camarilla | 0.190500 | 0.207000 | 0.223500 | 0.240000 | 0.256500 | 0.273000 | 0.289500 |
Woodie | -0.030000 | 0.100000 | 0.150000 | 0.280000 | 0.330000 | 0.460000 | 0.510000 |
Fibonacci | 0.113333 | 0.182093 | 0.224573 | 0.293333 | 0.362093 | 0.404573 | 0.473333 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 33.78 | |
MACD (12,26,9): | -0.0060 | |
Directional Movement: | 14.041234 | |
AROON (14): | -42.857143 | |
DEMA (21): | 0.239899 | |
Parabolic SAR (0,02-0,02-0,2): | 0.278719 | |
Elder Ray (13): | -0.014061 | |
Super Trend (3,10): | 0.277860 | |
Zig ZAG (10): | 0.240000 | |
VORTEX (21): | 0.9167 | |
Stochastique (14,3,5): | 25.83 | |
TEMA (21): | 0.239168 | |
Williams %R (14): | -60.00 | |
Chande Momentum Oscillator (20): | 0.000000 | |
Repulse (5,40,3): | -0.0849 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.3228 | |
Courbe Coppock: | 3.18 |
MA7: | 0.248571 | |
MA20: | 0.240500 | |
MA50: | 0.262400 | |
MA100: | 0.250900 | |
MAexp7: | 0.242447 | |
MAexp20: | 0.244377 | |
MAexp50: | 0.253220 | |
MAexp100: | 0.274998 | |
Price / MA7: | -3.45% | |
Price / MA20: | -0.21% | |
Price / MA50: | -8.54% | |
Price / MA100: | -4.34% | |
Price / MAexp7: | -1.01% | |
Price / MAexp20: | -1.79% | |
Price / MAexp50: | -5.22% | |
Price / MAexp100: | -12.73% |
Quotes :
-
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
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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