POLYGON - MATIC/USD - 1H - Technical analysis published on 01/14/2022 (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 bearish
Technical indicators
50%
11%
39%
My opinion
Neutral between 2.24 USD and 2.38 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 2.24 USD. The first resistance is located at 2.38 USD. A very slight advantage is given by the slightly bearish basic trend so that the support 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 could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
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 2.31 USD. The price has increased by +2.21% since the last closing and was traded between 2.18 USD and 2.32 USD over the period. The price is currently at +5.96% from its lowest and -0.43% from its highest.2.18
2.32
2.31
Here is a more detailed summary of the historical variations registered by POLYGON - MATIC/USD:
Technical
Technical analysis of this 1H chart of POLYGON - MATIC/USD indicates that the overall trend is slightly bearish. Only 46.43% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
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 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.13 | 2.17 | 2.24 | 2.31 | 2.31 | 2.38 | 2.45 |
| Change (%) | -7.79% | -6.06% | -3.03% | 0% | - | +3.03% | +6.06% |
| Change | -0.18 | -0.14 | -0.07 | 0 | - | +0.07 | +0.14 |
| Level | Intermediate | Major | Minor | Intermediate | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.99 | 2.11 | 2.19 | 2.31 | 2.39 | 2.51 | 2.59 |
| Camarilla | 2.21 | 2.22 | 2.24 | 2.26 | 2.28 | 2.30 | 2.32 |
| Woodie | 1.96 | 2.10 | 2.16 | 2.30 | 2.36 | 2.50 | 2.56 |
| Fibonacci | 2.11 | 2.19 | 2.24 | 2.31 | 2.39 | 2.44 | 2.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.05 | 1.47 | 1.73 | 2.15 | 2.41 | 2.83 | 3.09 |
| Camarilla | 1.79 | 1.86 | 1.92 | 1.98 | 2.04 | 2.11 | 2.17 |
| Woodie | 0.96 | 1.43 | 1.64 | 2.11 | 2.32 | 2.79 | 3.00 |
| Fibonacci | 1.47 | 1.73 | 1.89 | 2.15 | 2.41 | 2.57 | 2.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.24 | 0.85 | 1.69 | 2.30 | 3.14 | 3.75 | 4.59 |
| Camarilla | 2.12 | 2.25 | 2.39 | 2.52 | 2.65 | 2.79 | 2.92 |
| Woodie | 0.35 | 0.91 | 1.80 | 2.36 | 3.25 | 3.81 | 4.70 |
| Fibonacci | 0.85 | 1.41 | 1.75 | 2.30 | 2.86 | 3.20 | 3.75 |
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): | 46.58 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -8.62 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 2.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.29 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.30 | |
| Zig ZAG (10): | 2.28 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 56.41 | |
| TEMA (21): | 2.23 | |
| Williams %R (14): | -15.38 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 2.1200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 2.14 |
| MA7: | 2.21 | |
| MA20: | 2.37 | |
| MA50: | 2.22 | |
| MA100: | 1.94 | |
| MAexp7: | 2.25 | |
| MAexp20: | 2.27 | |
| MAexp50: | 2.29 | |
| MAexp100: | 2.27 | |
| Price / MA7: | +4.52% | |
| Price / MA20: | -2.53% | |
| Price / MA50: | +4.05% | |
| Price / MA100: | +19.07% | |
| Price / MAexp7: | +2.67% | |
| Price / MAexp20: | +1.76% | |
| Price / MAexp50: | +0.87% | |
| Price / MAexp100: | +1.76% |
Quotes :
-
Real time data
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