FISKER INC. CLASS A - Weekly - Technical analysis published on 01/05/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
FISKER INC. CLASS A Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 16.70 USD
My targets
20.07 USD (+14.49%)
23.68 USD (+35.08%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FISKER INC. CLASS A as long as the price remains well above 16.70 USD. The buyers' bullish objective is set at 20.07 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 23.68 USD. If there is any crossing, the next objective would be the resistance located at 28.50 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
6.8
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 jarias81197.
Additional analysis
Quotes
FISKER INC. CLASS A rating 17.53 USD. The price is up +11.73% over 5 days with the lowest point at 16.20 USD and the highest point at 17.02 USD. The deviation from the price is +8.21% for the low point and +3.00% for the high point.16.20
17.02
17.53
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of FISKER INC. CLASS A indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Weekly
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Weekly
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.61 | 14.63 | 16.70 | 17.53 | 20.07 | 23.68 | 28.50 |
| Change (%) | -28.07% | -16.54% | -4.73% | - | +14.49% | +35.08% | +62.58% |
| Change | -4.92 | -2.90 | -0.83 | - | +2.54 | +6.15 | +10.97 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate | Major |
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 | 15.17 | 15.61 | 16.50 | 16.94 | 17.83 | 18.27 | 19.16 |
| Camarilla | 17.01 | 17.14 | 17.26 | 17.38 | 17.50 | 17.62 | 17.75 |
| Woodie | 15.39 | 15.72 | 16.72 | 17.05 | 18.05 | 18.38 | 19.38 |
| Fibonacci | 15.61 | 16.12 | 16.44 | 16.94 | 17.45 | 17.77 | 18.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.17 | 14.26 | 14.99 | 16.08 | 16.81 | 17.90 | 18.63 |
| Camarilla | 15.23 | 15.40 | 15.56 | 15.73 | 15.90 | 16.06 | 16.23 |
| Woodie | 13.00 | 14.17 | 14.82 | 15.99 | 16.64 | 17.81 | 18.46 |
| Fibonacci | 14.26 | 14.95 | 15.38 | 16.08 | 16.77 | 17.20 | 17.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.87 | 10.60 | 13.17 | 17.90 | 20.47 | 25.20 | 27.77 |
| Camarilla | 13.72 | 14.39 | 15.06 | 15.73 | 16.40 | 17.07 | 17.74 |
| Woodie | 4.78 | 10.06 | 12.08 | 17.36 | 19.38 | 24.66 | 26.68 |
| Fibonacci | 10.60 | 13.39 | 15.12 | 17.90 | 20.69 | 22.42 | 25.20 |
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): | 52.45 | |
| MACD (12,26,9): | 0.5400 | |
| Directional Movement: | 7.67 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 17.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.58 | |
| Elder Ray (13): | -0.34 | |
| Super Trend (3,10): | 13.78 | |
| Zig ZAG (10): | 17.46 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 33.85 | |
| TEMA (21): | 17.87 | |
| Williams %R (14): | -60.97 | |
| Chande Momentum Oscillator (20): | 3.33 | |
| Repulse (5,40,3): | 1.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5200 | |
| Courbe Coppock: | 51.03 |
| MA7: | 16.52 | |
| MA20: | 17.05 | |
| MA50: | 18.34 | |
| MA100: | 16.20 | |
| MAexp7: | 17.35 | |
| MAexp20: | 16.83 | |
| MAexp50: | 16.01 | |
| MAexp100: | 14.78 | |
| Price / MA7: | +6.11% | |
| Price / MA20: | +2.82% | |
| Price / MA50: | -4.42% | |
| Price / MA100: | +8.21% | |
| Price / MAexp7: | +1.04% | |
| Price / MAexp20: | +4.16% | |
| Price / MAexp50: | +9.49% | |
| Price / MAexp100: | +18.61% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on FISKER INC. CLASS A at the time of the analysis were as follows:
- Fisker Inc. Reveals World’s First Digital Radar in a Production Vehicle, Bringing State-of-the-Art Safety to Fisker Ocean All-Electric SUV
- Fisker Inc. to Participate in Upcoming Investor Conference
- Fisker to Partner With Bridgestone for Electric Vehicle Services and Solutions in France and Germany
- Fisker Inc. Announces Its First-Ever NFT Series, Fisker by Hand: OCEAN Concept Collection
- Fisker Inc. Commits to United Nations Global Compact and Will Pursue Sustainable Development Goals
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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