SPHERE 3D CORP. - 15 min. - Technical analysis published on 07/22/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 2.69 USD
My targets
3.01 USD (+3.18%)
3.18 USD (+8.80%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SPHERE 3D CORP. as long as the price remains well above 2.69 USD. The buyers' bullish objective is set at 3.01 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.18 USD. If there is any crossing, the next objective would be the resistance located at 3.21 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
7.3
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Additional analysis
Quotes
The SPHERE 3D CORP. price is 2.92 USD. On the day, this instrument gained +8.15% and was between 2.61 USD and 2.97 USD. This implies that the price is at +11.88% from its lowest and at -1.68% from its highest.2.61
2.97
2.92
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of SPHERE 3D CORP. in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
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 | 2.40 | 2.54 | 2.83 | 2.92 | 3.21 | 3.63 | 3.82 |
| Change (%) | -17.81% | -13.01% | -3.08% | - | +9.93% | +24.32% | +30.82% |
| Change | -0.52 | -0.38 | -0.09 | - | +0.29 | +0.71 | +0.90 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.22 | 2.37 | 2.54 | 2.69 | 2.86 | 3.01 | 3.18 |
| Camarilla | 2.61 | 2.64 | 2.67 | 2.70 | 2.73 | 2.76 | 2.79 |
| Woodie | 2.22 | 2.38 | 2.54 | 2.70 | 2.86 | 3.02 | 3.18 |
| Fibonacci | 2.37 | 2.50 | 2.57 | 2.69 | 2.82 | 2.89 | 3.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.38 | 1.39 | 1.91 | 2.92 | 3.44 | 4.45 | 4.97 |
| Camarilla | 2.01 | 2.15 | 2.29 | 2.43 | 2.57 | 2.71 | 2.85 |
| Woodie | 0.14 | 1.27 | 1.67 | 2.80 | 3.20 | 4.33 | 4.73 |
| Fibonacci | 1.39 | 1.97 | 2.34 | 2.92 | 3.50 | 3.87 | 4.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.84 | 0.30 | 1.46 | 2.60 | 3.76 | 4.90 | 6.06 |
| Camarilla | 1.98 | 2.19 | 2.40 | 2.61 | 2.82 | 3.03 | 3.24 |
| Woodie | -0.84 | 0.31 | 1.46 | 2.61 | 3.76 | 4.91 | 6.06 |
| Fibonacci | 0.30 | 1.18 | 1.73 | 2.60 | 3.48 | 4.03 | 4.90 |
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): | 65.77 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 20.12 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 2.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.66 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 2.67 | |
| Zig ZAG (10): | 2.92 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 43.53 | |
| TEMA (21): | 2.78 | |
| Williams %R (14): | -70.82 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | -2.9900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3100 | |
| Courbe Coppock: | 7.14 |
| MA7: | 2.67 | |
| MA20: | 2.84 | |
| MA50: | 2.26 | |
| MA100: | 2.28 | |
| MAexp7: | 2.74 | |
| MAexp20: | 2.74 | |
| MAexp50: | 2.67 | |
| MAexp100: | 2.66 | |
| Price / MA7: | +9.36% | |
| Price / MA20: | +2.82% | |
| Price / MA50: | +29.20% | |
| Price / MA100: | +28.07% | |
| Price / MAexp7: | +6.57% | |
| Price / MAexp20: | +6.57% | |
| Price / MAexp50: | +9.36% | |
| Price / MAexp100: | +9.77% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on SPHERE 3D CORP. at the time of the generation of this analysis was as follows:
-
Sphere 3D Corp. - ANY Stock Chart Technical Analysis for 06-10-2021
- Gryphon Digital Mining and Sphere 3D Corp Announce Agreement to Purchase 250,000 Carbon Offset Credits
- Gryphon Digital Mining Announces Merger with Sphere 3D (Nasdaq: ANY) With World's Top Influencers As Investors
- Sphere 3D Corp. and Gryphon Digital Mining Inc. Announce Merger Agreement
- Sphere 3D Corp. Announces Merger Agreement with Gryphon Digital Mining, Inc.
This member declared not having a position on this financial instrument or a related financial instrument.
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