RELIANCE GLOBAL GROUP INC. - 15 min. - Technical analysis published on 03/05/2021 (GMT)
- 174
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 4.43 USD and 5.04 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 4.43 USD. The first resistance is located at 5.04 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, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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.
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Additional analysis
Quotes
The RELIANCE GLOBAL GROUP INC. price is 4.50 USD. The price registered a decrease of -11.94% on the session and was between 4.03 USD and 5.03 USD. This implies that the price is at +11.66% from its lowest and at -10.54% from its highest.4.03
5.03
4.50
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
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 RELIANCE GLOBAL GROUP INC. in 15 min. shows an overall slightly bearish trend. Only 60.71% 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.01 | 4.50 | 10.71 | 14.57 | 18.50 |
| Change (%) | -10.89% | - | +138.00% | +223.78% | +311.11% |
| Change | -0.49 | - | +6.21 | +10.07 | +14.00 |
| Level | Major | - | Intermediate | Major | Minor |
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 | 2.92 | 3.92 | 4.51 | 5.51 | 6.10 | 7.10 | 7.69 |
| Camarilla | 4.67 | 4.82 | 4.96 | 5.11 | 5.26 | 5.40 | 5.55 |
| Woodie | 2.73 | 3.82 | 4.32 | 5.41 | 5.91 | 7.00 | 7.50 |
| Fibonacci | 3.92 | 4.52 | 4.90 | 5.51 | 6.11 | 6.49 | 7.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.17 | 2.99 | 3.60 | 4.43 | 5.04 | 5.87 | 6.48 |
| Camarilla | 3.82 | 3.96 | 4.09 | 4.22 | 4.35 | 4.48 | 4.62 |
| Woodie | 2.06 | 2.94 | 3.50 | 4.38 | 4.94 | 5.81 | 6.38 |
| Fibonacci | 2.99 | 3.54 | 3.88 | 4.43 | 4.98 | 5.32 | 5.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.17 | 1.82 | 3.02 | 5.01 | 6.21 | 8.20 | 9.40 |
| Camarilla | 3.34 | 3.64 | 3.93 | 4.22 | 4.51 | 4.81 | 5.10 |
| Woodie | -0.56 | 1.62 | 2.63 | 4.81 | 5.81 | 8.00 | 9.00 |
| Fibonacci | 1.82 | 3.04 | 3.79 | 5.01 | 6.23 | 6.98 | 8.20 |
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): | 48.84 | |
| MACD (12,26,9): | -0.1400 | |
| Directional Movement: | 3.98 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 4.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.03 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 4.57 | |
| Zig ZAG (10): | 4.50 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 58.60 | |
| TEMA (21): | 4.24 | |
| Williams %R (14): | -28.16 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 4.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.6600 | |
| Courbe Coppock: | 6.65 |
| MA7: | 4.71 | |
| MA20: | 6.89 | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 4.37 | |
| MAexp20: | 4.44 | |
| MAexp50: | 4.70 | |
| MAexp100: | 4.76 | |
| Price / MA7: | -4.46% | |
| Price / MA20: | -34.69% | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +2.97% | |
| Price / MAexp20: | +1.35% | |
| Price / MAexp50: | -4.26% | |
| Price / MAexp100: | -5.46% |
Quotes :
2021-03-04 20:59:59
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15 min delayed data
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NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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