WORLDWIDE ASSET EXCHANGE - WAXP/USD - Daily - Technical analysis published on 07/22/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 0.121273 USD
My targets
0.093412 USD (-9.13%)
My analysis
In a bearish trend, the price of WORLDWIDE ASSET EXCHANGE - WAXP/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.121273 USD. A bearish break in the support located at 0.093412 USD would revive the bearish momentum and fuel the basic trend. PS: if there is a bullish break in the resistance located at 0.121273 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WORLDWIDE ASSET EXCHANGE - WAXP/USD rating is 0.102800 USD. The price is lower by -0.10% since the last closing and was between 0.101900 USD and 0.105000 USD. This implies that the price is at +0.88% from its lowest and at -2.10% from its highest.0.101900
0.105000
0.102800
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this WORLDWIDE ASSET EXCHANGE - WAXP/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
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
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.093412 | 0.102800 | 0.195000 | 0.265467 | 0.318780 |
| Change (%) | -9.13% | - | +89.69% | +158.24% | +210.10% |
| Change | -0.009388 | - | +0.092200 | +0.162667 | +0.215980 |
| Level | Major | - | Minor | Major | Minor |
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 | 0.095950 | 0.097900 | 0.100400 | 0.102350 | 0.104850 | 0.106800 | 0.109300 |
| Camarilla | 0.101676 | 0.102084 | 0.102492 | 0.102900 | 0.103308 | 0.103716 | 0.104124 |
| Woodie | 0.096225 | 0.098038 | 0.100675 | 0.102488 | 0.105125 | 0.106938 | 0.109575 |
| Fibonacci | 0.097900 | 0.099600 | 0.100650 | 0.102350 | 0.104050 | 0.105100 | 0.106800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.065357 | 0.076653 | 0.087407 | 0.098703 | 0.109457 | 0.120753 | 0.131507 |
| Camarilla | 0.092096 | 0.094118 | 0.096139 | 0.098160 | 0.100181 | 0.102203 | 0.104224 |
| Woodie | 0.065085 | 0.076518 | 0.087135 | 0.098568 | 0.109185 | 0.120618 | 0.131235 |
| Fibonacci | 0.076653 | 0.085076 | 0.090280 | 0.098703 | 0.107126 | 0.112330 | 0.120753 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.074253 | 0.000373 | 0.046647 | 0.121273 | 0.167547 | 0.242173 | 0.288447 |
| Camarilla | 0.059673 | 0.070755 | 0.081838 | 0.092920 | 0.104003 | 0.115085 | 0.126168 |
| Woodie | -0.088430 | -0.006715 | 0.032470 | 0.114185 | 0.153370 | 0.235085 | 0.274270 |
| Fibonacci | 0.000373 | 0.046557 | 0.075090 | 0.121273 | 0.167457 | 0.195990 | 0.242173 |
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): | 53.92 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 20.339718 | |
| AROON (14): | -14.285715 | |
| DEMA (21): | 0.099800 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.135829 | |
| Elder Ray (13): | 0.003008 | |
| Super Trend (3,10): | 0.114847 | |
| Zig ZAG (10): | 0.103400 | |
| VORTEX (21): | 1.1069 | |
| Stochastique (14,3,5): | 67.50 | |
| TEMA (21): | 0.104694 | |
| Williams %R (14): | -29.93 | |
| Chande Momentum Oscillator (20): | -0.002400 | |
| Repulse (5,40,3): | 1.7753 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0104 | |
| Courbe Coppock: | 10.10 |
| MA7: | 0.102106 | |
| MA20: | 0.098463 | |
| MA50: | 0.100290 | |
| MA100: | 0.142153 | |
| MAexp7: | 0.101974 | |
| MAexp20: | 0.099646 | |
| MAexp50: | 0.109195 | |
| MAexp100: | 0.151233 | |
| Price / MA7: | +0.68% | |
| Price / MA20: | +4.40% | |
| Price / MA50: | +2.50% | |
| Price / MA100: | -27.68% | |
| Price / MAexp7: | +0.81% | |
| Price / MAexp20: | +3.17% | |
| Price / MAexp50: | -5.86% | |
| Price / MAexp100: | -32.03% |
Quotes :
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Real time data
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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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