REINVENT TECHNOLOGY PARTNERS CLASS A - Daily - Technical analysis published on 06/15/2021 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
REINVENT TECHNOLOGY PARTNERS CLASS A Chart
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 10.35 USD
My targets
9.79 USD (-2.30%)
9.63 USD (-3.89%)
My analysis
In a bearish trend, the price of REINVENT TECHNOLOGY PARTNERS CLASS A 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 10.35 USD. A bearish break in the support located at 9.79 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 9.63 USD. Then 9.51 USD by extension. It would be safer to wait for a bearish break in the support located at 9.79 USD before allowing yourself to re trade short positions (for sale) on REINVENT TECHNOLOGY PARTNERS CLASS A. PS: if there is a bullish break in the resistance located at 10.35 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 DipFarda.
Additional analysis
Quotes
REINVENT TECHNOLOGY PARTNERS CLASS A rating 10.02 USD. The price registered an increase of +0.00% on the session and was traded between 10.02 USD and 10.10 USD over the period. The price is currently at 0% from its lowest and -0.79% from its highest.10.02
10.10
10.02
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by REINVENT TECHNOLOGY PARTNERS CLASS A:
Technical
Technical analysis of this Daily chart of REINVENT TECHNOLOGY PARTNERS CLASS A indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 10.02 | 10.10 | 12.73 | 13.95 |
| Change (%) | - | +0.80% | +27.05% | +39.22% |
| Change | - | +0.08 | +2.71 | +3.93 |
| Level | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.91 | 9.97 | 9.99 | 10.05 | 10.07 | 10.13 | 10.15 |
| Camarilla | 10.00 | 10.01 | 10.01 | 10.02 | 10.03 | 10.04 | 10.04 |
| Woodie | 9.90 | 9.96 | 9.98 | 10.04 | 10.06 | 10.12 | 10.14 |
| Fibonacci | 9.97 | 10.00 | 10.02 | 10.05 | 10.08 | 10.10 | 10.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.91 | 9.97 | 9.99 | 10.05 | 10.07 | 10.13 | 10.15 |
| Camarilla | 10.00 | 10.01 | 10.01 | 10.02 | 10.03 | 10.04 | 10.04 |
| Woodie | 9.90 | 9.96 | 9.98 | 10.04 | 10.06 | 10.12 | 10.14 |
| Fibonacci | 9.97 | 10.00 | 10.02 | 10.05 | 10.08 | 10.10 | 10.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.51 | 9.63 | 9.79 | 9.91 | 10.07 | 10.19 | 10.35 |
| Camarilla | 9.87 | 9.90 | 9.92 | 9.95 | 9.98 | 10.00 | 10.03 |
| Woodie | 9.53 | 9.64 | 9.81 | 9.92 | 10.09 | 10.20 | 10.37 |
| Fibonacci | 9.63 | 9.74 | 9.80 | 9.91 | 10.02 | 10.08 | 10.19 |
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): | 52.11 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 26.15 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 9.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.00 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 10.13 | |
| Zig ZAG (10): | 10.02 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 28.57 | |
| TEMA (21): | 10.08 | |
| Williams %R (14): | -71.43 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | -2.3100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 2.41 |
| MA7: | 10.04 | |
| MA20: | 9.97 | |
| MA50: | 9.99 | |
| MA100: | 11.06 | |
| MAexp7: | 10.02 | |
| MAexp20: | 9.99 | |
| MAexp50: | 10.17 | |
| MAexp100: | 10.54 | |
| Price / MA7: | -0.20% | |
| Price / MA20: | +0.50% | |
| Price / MA50: | +0.30% | |
| Price / MA100: | -9.40% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | -1.47% | |
| Price / MAexp100: | -4.93% |
Quotes :
-
15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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