AMPLEFORTH - AMPL/USD - Daily - Technical analysis published on 01/12/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 1.21 USD
My targets
1.44 USD (+9.09%)
1.69 USD (+28.03%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.21 USD remains possible. It is advisable to trade AMPLEFORTH - AMPL/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.21 USD. The next bullish objective for buyers is set at 1.44 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.69 USD. If there is any crossing, the next objective would be the resistance located at 1.87 USD. PS: if there is a bearish break in the support located at 1.21 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMPLEFORTH - AMPL/USD rating 1.32 USD. The price registered a decrease of -0.75% on the session with the lowest point at 1.31 USD and the highest point at 1.40 USD. The deviation from the price is +0.76% for the low point and -5.71% for the high point.1.31
1.40
1.32
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AMPLEFORTH - AMPL/USD indicates that the overall trend is bullish. 75.00% 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 a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
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 | 0.87 | 1.06 | 1.21 | 1.32 | 1.44 | 1.69 | 1.87 |
| Change (%) | -34.09% | -19.70% | -8.33% | - | +9.09% | +28.03% | +41.67% |
| Change | -0.45 | -0.26 | -0.11 | - | +0.12 | +0.37 | +0.55 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.05 | 1.18 | 1.25 | 1.38 | 1.45 | 1.58 | 1.65 |
| Camarilla | 1.28 | 1.29 | 1.31 | 1.33 | 1.35 | 1.37 | 1.39 |
| Woodie | 1.03 | 1.17 | 1.23 | 1.37 | 1.43 | 1.57 | 1.63 |
| Fibonacci | 1.18 | 1.25 | 1.30 | 1.38 | 1.45 | 1.50 | 1.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.89 | 1.08 | 1.32 | 1.51 | 1.75 | 1.94 | 2.18 |
| Camarilla | 1.44 | 1.48 | 1.52 | 1.56 | 1.60 | 1.64 | 1.68 |
| Woodie | 0.92 | 1.09 | 1.35 | 1.52 | 1.78 | 1.95 | 2.21 |
| Fibonacci | 1.08 | 1.24 | 1.35 | 1.51 | 1.67 | 1.78 | 1.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.00 | 0.52 | 0.92 | 1.44 | 1.84 | 2.36 | 2.76 |
| Camarilla | 1.07 | 1.15 | 1.24 | 1.32 | 1.40 | 1.49 | 1.57 |
| Woodie | -0.06 | 0.49 | 0.86 | 1.41 | 1.78 | 2.33 | 2.70 |
| Fibonacci | 0.52 | 0.87 | 1.09 | 1.44 | 1.79 | 2.01 | 2.36 |
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): | 47.60 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 9.01 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 1.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.24 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 1.27 | |
| Zig ZAG (10): | 1.31 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 31.72 | |
| TEMA (21): | 1.46 | |
| Williams %R (14): | -85.65 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -18.9500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.6900 | |
| Courbe Coppock: | 25.67 |
| MA7: | 1.47 | |
| MA20: | 1.38 | |
| MA50: | 1.27 | |
| MA100: | 1.17 | |
| MAexp7: | 1.42 | |
| MAexp20: | 1.37 | |
| MAexp50: | 1.29 | |
| MAexp100: | 1.21 | |
| Price / MA7: | -10.20% | |
| Price / MA20: | -4.35% | |
| Price / MA50: | +3.94% | |
| Price / MA100: | +12.82% | |
| Price / MAexp7: | -7.04% | |
| Price / MAexp20: | -3.65% | |
| Price / MAexp50: | +2.33% | |
| Price / MAexp100: | +9.09% |
Quotes :
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Real time data
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Cryptocompare
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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