EQUINIX INC. - 1H - Technical analysis published on 12/06/2024 (GMT)
- 156
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 956.31 USD
My targets
978.23 USD (+0.51%)
993.61 USD (+2.09%)
My analysis
The bullish trend is currently very strong on EQUINIX INC.. As long as the price remains above the support at 956.31 USD, you could try to benefit from the boom. The first bullish objective is located at 978.23 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 993.61 USD as an objective. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EQUINIX INC. rating is 973.28 USD. The price is lower by -0.05% since the last closing and was traded between 971.12 USD and 981.89 USD over the period. The price is currently at +0.22% from its lowest and -0.88% from its highest.971.12
981.89
973.28
Here is a more detailed summary of the historical variations registered by EQUINIX INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EQUINIX INC. in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found this result concerning these indicators:
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 899.84 | 923.33 | 956.31 | 973.28 | 978.23 | 993.61 |
Change (%) | -7.55% | -5.13% | -1.74% | - | +0.51% | +2.09% |
Change | -73.44 | -49.95 | -16.97 | - | +4.95 | +20.33 |
Level | Intermediate | Intermediate | Minor | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 937.47 | 945.61 | 959.70 | 967.84 | 981.93 | 990.07 | 1,004.16 |
Camarilla | 967.69 | 969.73 | 971.76 | 973.80 | 975.84 | 977.88 | 979.91 |
Woodie | 940.46 | 947.10 | 962.69 | 969.33 | 984.92 | 991.56 | 1,007.15 |
Fibonacci | 945.61 | 954.10 | 959.35 | 967.84 | 976.33 | 981.58 | 990.07 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 893.20 | 915.87 | 948.68 | 971.35 | 1,004.16 | 1,026.83 | 1,059.64 |
Camarilla | 966.22 | 971.31 | 976.39 | 981.48 | 986.57 | 991.65 | 996.74 |
Woodie | 898.26 | 918.41 | 953.74 | 973.89 | 1,009.22 | 1,029.37 | 1,064.70 |
Fibonacci | 915.87 | 937.07 | 950.16 | 971.35 | 992.55 | 1,005.64 | 1,026.83 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 771.28 | 818.34 | 899.91 | 946.97 | 1,028.54 | 1,075.60 | 1,157.17 |
Camarilla | 946.11 | 957.90 | 969.69 | 981.48 | 993.27 | 1,005.06 | 1,016.85 |
Woodie | 788.54 | 826.97 | 917.17 | 955.60 | 1,045.80 | 1,084.23 | 1,174.43 |
Fibonacci | 818.34 | 867.48 | 897.83 | 946.97 | 996.11 | 1,026.46 | 1,075.60 |
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): | 60.28 | |
MACD (12,26,9): | 1.0500 | |
Directional Movement: | 6.91 | |
AROON (14): | 42.86 | |
DEMA (21): | 967.98 | |
Parabolic SAR (0,02-0,02-0,2): | 955.33 | |
Elder Ray (13): | 4.84 | |
Super Trend (3,10): | 975.59 | |
Zig ZAG (10): | 973.80 | |
VORTEX (21): | 1.0600 | |
Stochastique (14,3,5): | 89.79 | |
TEMA (21): | 967.37 | |
Williams %R (14): | -9.76 | |
Chande Momentum Oscillator (20): | 11.88 | |
Repulse (5,40,3): | 0.8400 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0100 | |
Courbe Coppock: | 1.02 |
MA7: | 972.40 | |
MA20: | 935.86 | |
MA50: | 904.28 | |
MA100: | 861.46 | |
MAexp7: | 968.84 | |
MAexp20: | 966.94 | |
MAexp50: | 962.09 | |
MAexp100: | 948.74 | |
Price / MA7: | +0.09% | |
Price / MA20: | +4.00% | |
Price / MA50: | +7.63% | |
Price / MA100: | +12.98% | |
Price / MAexp7: | +0.46% | |
Price / MAexp20: | +0.66% | |
Price / MAexp50: | +1.16% | |
Price / MAexp100: | +2.59% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on EQUINIX INC. at the time of the analysis were as follows:
- MEDIA ALERT: Equinix to Speak at Upcoming Investor Conference
- Equinix Continues to Expand Sustainability Initiatives with Additional €1.15 Billion in Green Bonds
- Equinix to Help Accelerate AI Innovation in Singapore with US$260+ Million Data Center Expansion
- Equinix Declares Quarterly Dividend on Its Common Stock
- Equinix Reports Third-Quarter 2024 Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
Add a comment
Comments
0 comments on the analysis EQUINIX INC. - 1H