MERCURITY FINTECH HOLDING - 15 min. - Technical analysis published on 03/24/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 2.56 USD
My targets
2.75 USD (+2.23%)
2.81 USD (+4.35%)
My analysis
A bullish trend on MERCURITY FINTECH HOLDING both in substance and in the short term. A purchase could be considered as long as the price remains above 2.56 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 2.75 USD. Then the price could move towards 2.81 USD. Then 3.01 USD by extension. Be careful, a return below 2.56 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
5.9
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MERCURITY FINTECH HOLDING rating 2.69 USD. The price registered an increase of +28.10% on the session with the lowest point at 2.61 USD and the highest point at 3.06 USD. The deviation from the price is +3.07% for the low point and -12.09% for the high point.2.61
3.06
2.69
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of MERCURITY FINTECH HOLDING in 15 min. shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of 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 50
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.79 | 2.17 | 2.54 | 2.69 | 2.75 | 3.01 | 3.49 |
| Change (%) | -33.46% | -19.33% | -5.58% | - | +2.23% | +11.90% | +29.74% |
| Change | -0.90 | -0.52 | -0.15 | - | +0.06 | +0.32 | +0.80 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 | 1.68 | 1.84 | 1.97 | 2.13 | 2.26 | 2.42 | 2.55 |
| Camarilla | 2.02 | 2.05 | 2.07 | 2.10 | 2.13 | 2.15 | 2.18 |
| Woodie | 1.67 | 1.83 | 1.96 | 2.12 | 2.25 | 2.41 | 2.54 |
| Fibonacci | 1.84 | 1.95 | 2.02 | 2.13 | 2.24 | 2.31 | 2.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.64 | 1.13 | 1.60 | 2.09 | 2.56 | 3.05 | 3.52 |
| Camarilla | 1.81 | 1.89 | 1.98 | 2.07 | 2.16 | 2.25 | 2.33 |
| Woodie | 0.63 | 1.13 | 1.59 | 2.09 | 2.55 | 3.05 | 3.51 |
| Fibonacci | 1.13 | 1.50 | 1.72 | 2.09 | 2.46 | 2.68 | 3.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.47 | 1.41 | 1.87 | 2.81 | 3.27 | 4.21 | 4.67 |
| Camarilla | 1.96 | 2.08 | 2.21 | 2.34 | 2.47 | 2.60 | 2.73 |
| Woodie | 0.24 | 1.29 | 1.64 | 2.69 | 3.04 | 4.09 | 4.44 |
| Fibonacci | 1.41 | 1.94 | 2.27 | 2.81 | 3.34 | 3.67 | 4.21 |
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): | 54.31 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.26 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 2.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.13 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.17 | |
| Zig ZAG (10): | 2.10 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 87.50 | |
| TEMA (21): | 2.06 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 2.6700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 0.55 |
| MA7: | 2.04 | |
| MA20: | 2.33 | |
| MA50: | 2.69 | |
| MA100: | 2.98 | |
| MAexp7: | 2.07 | |
| MAexp20: | 2.07 | |
| MAexp50: | 2.07 | |
| MAexp100: | 2.07 | |
| Price / MA7: | +31.86% | |
| Price / MA20: | +15.45% | |
| Price / MA50: | -0% | |
| Price / MA100: | -9.73% | |
| Price / MAexp7: | +29.95% | |
| Price / MAexp20: | +29.95% | |
| Price / MAexp50: | +29.95% | |
| Price / MAexp100: | +29.95% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on MERCURITY FINTECH HOLDING at the time of the generation of this analysis was as follows:
- JMU Limited Announces Director Resignation
- JMU Limited Announces Listing Transfer to The Nasdaq Capital Market
- JMU Limited Announces Changes to the Board of Directors
- JMU Limited Reports Unaudited Third Quarter of Fiscal Year 2019 Financial Results
-
JMU Limited - JMU Stock Chart Technical Analysis for 10-15-2019
This member declared not having a position on this financial instrument or a related financial instrument.
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