EBAY INC. - 1H - Technical analysis published on 08/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 55.89 USD
My targets
53.49 USD (-1.62%)
51.32 USD (-5.61%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EBAY INC. as long as the price remains well below 55.89 USD. The sellers” bearish objective is set at 53.49 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 51.32 USD. In case of crossing, the next objective would be the support located at 49.75 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EBAY INC. price is 54.37 USD. The price registered a decrease of -1.52% on the session with the lowest point at 54.02 USD and the highest point at 55.28 USD. The deviation from the price is +0.65% for the low point and -1.65% for the high point.54.02
55.28
54.37
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EBAY INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 46.19 | 49.75 | 51.32 | 54.37 | 54.53 | 55.89 | 57.35 |
| Change (%) | -15.05% | -8.50% | -5.61% | - | +0.29% | +2.80% | +5.48% |
| Change | -8.18 | -4.62 | -3.05 | - | +0.16 | +1.52 | +2.98 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.55 | 54.16 | 54.69 | 55.30 | 55.83 | 56.44 | 56.97 |
| Camarilla | 54.90 | 55.00 | 55.11 | 55.21 | 55.32 | 55.42 | 55.52 |
| Woodie | 53.50 | 54.14 | 54.64 | 55.28 | 55.78 | 56.42 | 56.92 |
| Fibonacci | 54.16 | 54.60 | 54.87 | 55.30 | 55.74 | 56.01 | 56.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.20 | 53.49 | 54.35 | 55.64 | 56.50 | 57.79 | 58.65 |
| Camarilla | 54.62 | 54.82 | 55.01 | 55.21 | 55.41 | 55.60 | 55.80 |
| Woodie | 51.99 | 53.38 | 54.14 | 55.53 | 56.29 | 57.68 | 58.44 |
| Fibonacci | 53.49 | 54.31 | 54.82 | 55.64 | 56.46 | 56.97 | 57.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.97 | 46.15 | 50.71 | 55.89 | 60.45 | 65.63 | 70.19 |
| Camarilla | 52.60 | 53.49 | 54.39 | 55.28 | 56.17 | 57.07 | 57.96 |
| Woodie | 40.67 | 46.00 | 50.41 | 55.74 | 60.15 | 65.48 | 69.89 |
| Fibonacci | 46.15 | 49.87 | 52.17 | 55.89 | 59.61 | 61.91 | 65.63 |
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): | 36.46 | |
| MACD (12,26,9): | -0.3800 | |
| Directional Movement: | -16.22 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 54.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.92 | |
| Elder Ray (13): | -0.54 | |
| Super Trend (3,10): | 55.53 | |
| Zig ZAG (10): | 54.37 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 21.81 | |
| TEMA (21): | 54.28 | |
| Williams %R (14): | -81.53 | |
| Chande Momentum Oscillator (20): | -1.22 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 3.07 |
| MA7: | 55.64 | |
| MA20: | 56.41 | |
| MA50: | 53.12 | |
| MA100: | 45.08 | |
| MAexp7: | 54.56 | |
| MAexp20: | 54.99 | |
| MAexp50: | 55.42 | |
| MAexp100: | 55.70 | |
| Price / MA7: | -2.28% | |
| Price / MA20: | -3.62% | |
| Price / MA50: | +2.35% | |
| Price / MA100: | +20.61% | |
| Price / MAexp7: | -0.35% | |
| Price / MAexp20: | -1.13% | |
| Price / MAexp50: | -1.89% | |
| Price / MAexp100: | -2.39% |
Quotes :
2020-08-10 19:59:59
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15 min delayed data
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NASDAQ Stocks
News
Don"t forget to follow the news on EBAY INC.. At the time of publication of this analysis, the latest news was as follows:
- eBay and LendingPoint Team Up to Provide Seller Financing to Entrepreneurs and Businesses
-
eBay Analysis by FX Empire
- eBay and NBA Sneaker King P.J. Tucker Team Up to Unveil his New Sneaker Loft, Highlighting his Extensive Kicks Collection and Favorite eBay Finds
- eBay and Pro Football Hall of Famer Emmitt Smith Launch PROVA Group Authentication for Sports Memorabilia on the Marketplace
- eBay Inc. Reports Better Than Expected Second Quarter 2020 Results and Raises Full Year Guidance
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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