CPS TECHNOLOGIES - 1H - Technical analysis published on 05/20/2021 (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 bullish
Underlying:
Slightly bearish
Technical indicators
50%
17%
33%
My opinion
Bullish above 6.21 USD
My targets
6.72 USD (+1.82%)
7.03 USD (+6.52%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CPS TECHNOLOGIES as long as the price remains well above 6.21 USD. The buyers' bullish objective is set at 6.72 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.03 USD. If there is any crossing, the next objective would be the resistance located at 9.01 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 6.72 USD. On this resistance, against the trend traders who would like to go short on CPS TECHNOLOGIES with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
1.8
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CPS TECHNOLOGIES rating 6.60 USD. The price registered an increase of +10.55% on the session with the lowest point at 6.52 USD and the highest point at 7.48 USD. The deviation from the price is +1.23% for the low point and -11.76% for the high point.6.52
7.48
6.60
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CPS TECHNOLOGIES:
Technical
A technical analysis in 1H of this CPS TECHNOLOGIES chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 5.08 | 5.65 | 6.21 | 6.60 | 7.03 | 9.01 | 10.07 |
| Change (%) | -23.03% | -14.39% | -5.91% | - | +6.52% | +36.52% | +52.58% |
| Change | -1.52 | -0.95 | -0.39 | - | +0.43 | +2.41 | +3.47 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.05 | 5.35 | 5.66 | 5.96 | 6.27 | 6.57 | 6.88 |
| Camarilla | 5.80 | 5.86 | 5.91 | 5.97 | 6.03 | 6.08 | 6.14 |
| Woodie | 5.06 | 5.35 | 5.67 | 5.96 | 6.28 | 6.57 | 6.89 |
| Fibonacci | 5.35 | 5.58 | 5.73 | 5.96 | 6.19 | 6.34 | 6.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.68 | 4.38 | 5.20 | 5.90 | 6.72 | 7.42 | 8.24 |
| Camarilla | 5.60 | 5.74 | 5.88 | 6.02 | 6.16 | 6.30 | 6.44 |
| Woodie | 3.74 | 4.41 | 5.26 | 5.93 | 6.78 | 7.45 | 8.30 |
| Fibonacci | 4.38 | 4.96 | 5.32 | 5.90 | 6.48 | 6.84 | 7.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.31 | 2.36 | 4.97 | 9.64 | 12.25 | 16.92 | 19.53 |
| Camarilla | 5.57 | 6.24 | 6.90 | 7.57 | 8.24 | 8.91 | 9.57 |
| Woodie | -3.35 | 1.85 | 3.93 | 9.13 | 11.21 | 16.41 | 18.49 |
| Fibonacci | 2.36 | 5.14 | 6.86 | 9.64 | 12.42 | 14.14 | 16.92 |
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): | 51.69 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 2.70 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 6.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.69 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 5.46 | |
| Zig ZAG (10): | 5.97 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 68.31 | |
| TEMA (21): | 6.13 | |
| Williams %R (14): | -47.54 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | -2.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 6.65 |
| MA7: | 5.73 | |
| MA20: | 6.88 | |
| MA50: | 10.17 | |
| MA100: | 11.38 | |
| MAexp7: | 6.02 | |
| MAexp20: | 5.95 | |
| MAexp50: | 5.99 | |
| MAexp100: | 6.45 | |
| Price / MA7: | +15.18% | |
| Price / MA20: | -4.07% | |
| Price / MA50: | -35.10% | |
| Price / MA100: | -42.00% | |
| Price / MAexp7: | +9.63% | |
| Price / MAexp20: | +10.92% | |
| Price / MAexp50: | +10.18% | |
| Price / MAexp100: | +2.33% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on CPS TECHNOLOGIES at the time of the analysis were as follows:
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CPS Technologies Corporation - CPSH Stock Chart Technical Analysis for 02-04-2021
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CPS Technologies Corporation - CPSH Stock Chart Technical Analysis for 02-03-2021
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CPS Technologies Corporation - CPSH Stock Chart Technical Analysis for 05-06-2020
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CPS Technologies Corporation - CPSH Stock Chart Technical Analysis for 01-31-2020
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CPS Technologies
This member declared not having a position on this financial instrument or a related financial instrument.
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