SPHERE 3D CORP. - Daily - Technical analysis published on 07/22/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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
44%
17%
39%
My opinion
Bullish above 2.83 USD
My targets
2.92 USD (+0.34%)
3.21 USD (+10.31%)
My analysis
The bullish trend is currently very strong on SPHERE 3D CORP.. As long as the price remains above the support at 2.83 USD, you could try to benefit from the boom. The first bullish objective is located at 2.92 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.21 USD as an objective. Crossing it would then enable buyers to target 3.63 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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Additional analysis
Quotes
The SPHERE 3D CORP. rating is 2.91 USD. The price has increased by +7.78% since the last closing and was traded between 2.61 USD and 2.97 USD over the period. The price is currently at +11.49% from its lowest and -2.02% from its highest.2.61
2.97
2.91
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this SPHERE 3D CORP. chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.81 | 2.07 | 2.83 | 2.91 | 3.21 | 3.63 | 3.82 |
| Change (%) | -37.80% | -28.87% | -2.75% | - | +10.31% | +24.74% | +31.27% |
| Change | -1.10 | -0.84 | -0.08 | - | +0.30 | +0.72 | +0.91 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 | 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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 54.54 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 9.80 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 2.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.56 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 2.17 | |
| Zig ZAG (10): | 2.91 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 21.15 | |
| TEMA (21): | 2.81 | |
| Williams %R (14): | -71.14 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 0.9700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.2100 | |
| Courbe Coppock: | 10.18 |
| MA7: | 2.67 | |
| MA20: | 2.84 | |
| MA50: | 2.26 | |
| MA100: | 2.28 | |
| MAexp7: | 2.69 | |
| MAexp20: | 2.73 | |
| MAexp50: | 2.49 | |
| MAexp100: | 2.35 | |
| Price / MA7: | +8.99% | |
| Price / MA20: | +2.46% | |
| Price / MA50: | +28.76% | |
| Price / MA100: | +27.63% | |
| Price / MAexp7: | +8.18% | |
| Price / MAexp20: | +6.59% | |
| Price / MAexp50: | +16.87% | |
| Price / MAexp100: | +23.83% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on SPHERE 3D CORP.. At the time of publication of this analysis, the latest news 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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