COMPOUND GOVERNANCE TOKEN - COMP/USD - 1H - Technical analysis published on 08/27/2020 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
56%
6%
39%
My opinion
Neutral between 171.36 USD and 179.42 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on COMPOUND - COMP/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 179.42 USD. The first support is located at 171.36 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The COMPOUND - COMP/USD rating is 173.27 USD. The price is lower by -3.74% since the last closing and was traded between 173.22 USD and 180.17 USD over the period. The price is currently at +0.03% from its lowest and -3.83% from its highest.173.22
180.17
173.27
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by COMPOUND - COMP/USD:
Technical
Technical analysis of COMPOUND - COMP/USD in 1H shows an overall slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 161.02 | 171.36 | 173.27 | 179.42 | 189.65 | 194.46 |
| Change (%) | -7.07% | -1.10% | - | +3.55% | +9.45% | +12.23% |
| Change | -12.25 | -1.91 | - | +6.15 | +16.38 | +21.19 |
| Level | Intermediate | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 138.11 | 150.22 | 165.11 | 177.22 | 192.11 | 204.22 | 219.11 |
| Camarilla | 172.59 | 175.06 | 177.54 | 180.01 | 182.49 | 184.96 | 187.44 |
| Woodie | 139.51 | 150.92 | 166.51 | 177.92 | 193.51 | 204.92 | 220.51 |
| Fibonacci | 150.22 | 160.53 | 166.90 | 177.22 | 187.53 | 193.90 | 204.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.88 | 131.31 | 152.76 | 182.19 | 203.64 | 233.07 | 254.52 |
| Camarilla | 160.21 | 164.87 | 169.54 | 174.20 | 178.86 | 183.53 | 188.19 |
| Woodie | 97.88 | 129.32 | 148.76 | 180.20 | 199.64 | 231.08 | 250.52 |
| Fibonacci | 131.31 | 150.75 | 162.76 | 182.19 | 201.63 | 213.64 | 233.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 77.01 | 100.20 | 117.49 | 140.68 | 157.97 | 181.16 | 198.45 |
| Camarilla | 123.65 | 127.36 | 131.07 | 134.78 | 138.49 | 142.20 | 145.91 |
| Woodie | 74.06 | 98.73 | 114.54 | 139.21 | 155.02 | 179.69 | 195.50 |
| Fibonacci | 100.20 | 115.66 | 125.22 | 140.68 | 156.14 | 165.70 | 181.16 |
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): | 55.99 | |
| MACD (12,26,9): | 2.6900 | |
| Directional Movement: | 16.63 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 178.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 174.30 | |
| Elder Ray (13): | 1.02 | |
| Super Trend (3,10): | 170.54 | |
| Zig ZAG (10): | 177.86 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 54.48 | |
| TEMA (21): | 180.85 | |
| Williams %R (14): | -49.10 | |
| Chande Momentum Oscillator (20): | 7.67 | |
| Repulse (5,40,3): | -1.8200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 14.45 |
| MA7: | 173.67 | |
| MA20: | 183.33 | |
| MA50: | 115.21 | |
| MA100: | 57.60 | |
| MAexp7: | 177.80 | |
| MAexp20: | 175.18 | |
| MAexp50: | 173.42 | |
| MAexp100: | 173.87 | |
| Price / MA7: | -0.23% | |
| Price / MA20: | -5.49% | |
| Price / MA50: | +50.39% | |
| Price / MA100: | +200.82% | |
| Price / MAexp7: | -2.55% | |
| Price / MAexp20: | -1.09% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.35% |
Quotes :
2020-08-27 03:14:52
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Real time data
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