POLYGON - MATIC/USD - 1H - Technical analysis published on 07/30/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
39%
11%
50%
My opinion
Neutral between 0.96 USD and 1.06 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1.06 USD. The first support is located at 0.96 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLYGON - MATIC/USD price is 1.00 USD. On the day, this instrument lost -2.91% and was traded between 1.00 USD and 1.07 USD over the period. The price is currently at 0% from its lowest and -6.54% from its highest.1.00
1.07
1.00
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this POLYGON - MATIC/USD chart shows a slightly bullish trend. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 7 technical indicators out of 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
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 | Price | S1 | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.89 | 0.96 | 1.00 | 1.00 | 1.06 | 1.11 | 1.14 |
| Change (%) | -11.20% | -4.20% | - | +0.34% | +6.07% | +10.70% | +13.50% |
| Change | -0.11 | -0.04 | - | +0.00 | +0.06 | +0.11 | +0.14 |
| Level | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 0.95 | 0.97 | 1.00 | 1.02 | 1.05 | 1.07 | 1.10 |
| Camarilla | 1.02 | 1.02 | 1.03 | 1.03 | 1.04 | 1.04 | 1.04 |
| Woodie | 0.96 | 0.97 | 1.01 | 1.02 | 1.06 | 1.07 | 1.11 |
| Fibonacci | 0.97 | 0.99 | 1.00 | 1.02 | 1.04 | 1.05 | 1.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.35 | 0.48 | 0.72 | 0.85 | 1.09 | 1.22 | 1.46 |
| Camarilla | 0.85 | 0.88 | 0.92 | 0.95 | 0.98 | 1.02 | 1.05 |
| Woodie | 0.40 | 0.51 | 0.77 | 0.88 | 1.14 | 1.25 | 1.51 |
| Fibonacci | 0.48 | 0.63 | 0.71 | 0.85 | 1.00 | 1.08 | 1.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.07 | 0.50 | 0.84 | 1.27 | 1.61 | 2.04 | 2.38 |
| Camarilla | 0.96 | 1.03 | 1.10 | 1.17 | 1.24 | 1.31 | 1.38 |
| Woodie | 0.02 | 0.48 | 0.79 | 1.25 | 1.56 | 2.02 | 2.33 |
| Fibonacci | 0.50 | 0.80 | 0.98 | 1.27 | 1.57 | 1.75 | 2.04 |
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): | 50.04 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.81 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.99 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.04 | |
| Zig ZAG (10): | 1.01 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 55.48 | |
| TEMA (21): | 1.01 | |
| Williams %R (14): | -31.34 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.64 |
| MA7: | 0.99 | |
| MA20: | 0.92 | |
| MA50: | 1.10 | |
| MA100: | 1.18 | |
| MAexp7: | 1.01 | |
| MAexp20: | 1.01 | |
| MAexp50: | 1.01 | |
| MAexp100: | 1.00 | |
| Price / MA7: | +1.01% | |
| Price / MA20: | +8.70% | |
| Price / MA50: | -9.09% | |
| Price / MA100: | -15.25% | |
| Price / MAexp7: | -0.99% | |
| Price / MAexp20: | -0.99% | |
| Price / MAexp50: | -0.99% | |
| Price / MAexp100: | -0% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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