OSAI AUTOMATION SYSTEM - 1H - Technical analysis published on 10/31/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
OSAI AUTOMATION SYSTEM Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 1.450 EUR
My targets
1.517 EUR (+3.88%)
1.573 EUR (+7.76%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on OSAI AUTOMATION SYSTEM. This is a positive signal for buyers. As long as the price remains above 1.450 EUR, a purchase could be considered. The first bullish objective is located at 1.517 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.573 EUR as an objective. Crossing it would then enable buyers to target 1.647 EUR. In the event of a return below 1.450 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.3
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.
Additional analysis
Quotes
The OSAI AUTOMATION SYSTEM price is 1.460 EUR. The price registered an increase of +7.35% on the session and was between 1.360 EUR and 1.495 EUR. This implies that the price is at +7.35% from its lowest and at -2.34% from its highest.1.360
1.495
1.460
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of OSAI AUTOMATION SYSTEM in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.277 | 1.369 | 1.450 | 1.460 | 1.647 | 1.857 | 2.080 |
| Change (%) | -12.53% | -6.23% | -0.68% | - | +12.81% | +27.19% | +42.47% |
| Change | -0.183 | -0.091 | -0.010 | - | +0.187 | +0.397 | +0.620 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | 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 | 1.247 | 1.303 | 1.382 | 1.438 | 1.517 | 1.573 | 1.652 |
| Camarilla | 1.423 | 1.435 | 1.448 | 1.460 | 1.472 | 1.485 | 1.497 |
| Woodie | 1.258 | 1.309 | 1.393 | 1.444 | 1.528 | 1.579 | 1.663 |
| Fibonacci | 1.303 | 1.355 | 1.387 | 1.438 | 1.490 | 1.522 | 1.573 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.247 | 1.303 | 1.382 | 1.438 | 1.517 | 1.573 | 1.652 |
| Camarilla | 1.423 | 1.435 | 1.448 | 1.460 | 1.472 | 1.485 | 1.497 |
| Woodie | 1.258 | 1.309 | 1.393 | 1.444 | 1.528 | 1.579 | 1.663 |
| Fibonacci | 1.303 | 1.355 | 1.387 | 1.438 | 1.490 | 1.522 | 1.573 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.738 | 1.297 | 1.583 | 2.142 | 2.428 | 2.987 | 3.273 |
| Camarilla | 1.638 | 1.715 | 1.793 | 1.870 | 1.948 | 2.025 | 2.102 |
| Woodie | 0.603 | 1.229 | 1.448 | 2.074 | 2.293 | 2.919 | 3.138 |
| Fibonacci | 1.297 | 1.620 | 1.819 | 2.142 | 2.465 | 2.664 | 2.987 |
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): | 61.09 | |
| MACD (12,26,9): | 0.0510 | |
| Directional Movement: | 29.869 | |
| AROON (14): | 92.857 | |
| DEMA (21): | 1.451 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.420 | |
| Elder Ray (13): | 0.034 | |
| Super Trend (3,10): | 1.344 | |
| Zig ZAG (10): | 1.460 | |
| VORTEX (21): | 0.8550 | |
| Stochastique (14,3,5): | 80.43 | |
| TEMA (21): | 1.480 | |
| Williams %R (14): | -21.21 | |
| Chande Momentum Oscillator (20): | 0.110 | |
| Repulse (5,40,3): | 3.2740 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4990 | |
| Courbe Coppock: | 18.02 |
| MA7: | 1.283 | |
| MA20: | 1.459 | |
| MA50: | 2.037 | |
| MA100: | 2.430 | |
| MAexp7: | 1.444 | |
| MAexp20: | 1.388 | |
| MAexp50: | 1.338 | |
| MAexp100: | 1.386 | |
| Price / MA7: | +13.80% | |
| Price / MA20: | +0.07% | |
| Price / MA50: | -28.33% | |
| Price / MA100: | -39.92% | |
| Price / MAexp7: | +1.11% | |
| Price / MAexp20: | +5.19% | |
| Price / MAexp50: | +9.12% | |
| Price / MAexp100: | +5.34% |
Quotes :
-
15 min delayed data
-
Italy Stocks
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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