AMP - AMP/USD - Daily - Technical analysis published on 09/06/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.007169 USD
My targets
0.005111 USD (-14.68%)
0.004031 USD (-32.70%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AMP - AMP/USD as long as the price remains well below 0.007169 USD. The sellers' bearish objective is set at 0.005111 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.004031 USD. In case of crossing, the next objective would be the support located at 0.001973 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMP - AMP/USD rating 0.005990 USD. On the day, this instrument lost -0.17% and was traded between 0.005950 USD and 0.006080 USD over the period. The price is currently at +0.67% from its lowest and -1.48% from its highest.0.005950
0.006080
0.005990
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AMP - AMP/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
Price | R1 | R2 | R3 | |
---|---|---|---|---|
ProTrendLines | 0.005990 | 0.008447 | 0.014230 | 0.024403 |
Change (%) | - | +41.02% | +137.56% | +307.40% |
Change | - | +0.002457 | +0.008240 | +0.018413 |
Level | - | 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 | 0.005723 | 0.005827 | 0.005913 | 0.006017 | 0.006103 | 0.006207 | 0.006293 |
Camarilla | 0.005948 | 0.005965 | 0.005983 | 0.006000 | 0.006017 | 0.006035 | 0.006052 |
Woodie | 0.005715 | 0.005823 | 0.005905 | 0.006013 | 0.006095 | 0.006203 | 0.006285 |
Fibonacci | 0.005827 | 0.005899 | 0.005944 | 0.006017 | 0.006089 | 0.006134 | 0.006207 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.005157 | 0.005563 | 0.005797 | 0.006203 | 0.006437 | 0.006843 | 0.007077 |
Camarilla | 0.005854 | 0.005913 | 0.005971 | 0.006030 | 0.006089 | 0.006147 | 0.006206 |
Woodie | 0.005070 | 0.005520 | 0.005710 | 0.006160 | 0.006350 | 0.006800 | 0.006990 |
Fibonacci | 0.005563 | 0.005808 | 0.005959 | 0.006203 | 0.006448 | 0.006599 | 0.006843 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.001973 | 0.004031 | 0.005111 | 0.007169 | 0.008249 | 0.010307 | 0.011387 |
Camarilla | 0.005327 | 0.005615 | 0.005902 | 0.006190 | 0.006478 | 0.006765 | 0.007053 |
Woodie | 0.001483 | 0.003787 | 0.004621 | 0.006925 | 0.007759 | 0.010063 | 0.010897 |
Fibonacci | 0.004031 | 0.005230 | 0.005971 | 0.007169 | 0.008368 | 0.009109 | 0.010307 |
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): | 20.85 | |
MACD (12,26,9): | -0.0005 | |
Directional Movement: | -15.568276 | |
AROON (14): | -85.714286 | |
DEMA (21): | 0.005891 | |
Parabolic SAR (0,02-0,02-0,2): | 0.006270 | |
Elder Ray (13): | -0.000321 | |
Super Trend (3,10): | 0.006854 | |
Zig ZAG (10): | 0.005990 | |
VORTEX (21): | 0.6964 | |
Stochastique (14,3,5): | 4.23 | |
TEMA (21): | 0.005772 | |
Williams %R (14): | -96.57 | |
Chande Momentum Oscillator (20): | -0.001050 | |
Repulse (5,40,3): | -2.3225 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -1.0449 | |
Courbe Coppock: | 29.88 |
MA7: | 0.006064 | |
MA20: | 0.006588 | |
MA50: | 0.007784 | |
MA100: | 0.008786 | |
MAexp7: | 0.006107 | |
MAexp20: | 0.006618 | |
MAexp50: | 0.007642 | |
MAexp100: | 0.009950 | |
Price / MA7: | -1.22% | |
Price / MA20: | -9.08% | |
Price / MA50: | -23.05% | |
Price / MA100: | -31.82% | |
Price / MAexp7: | -1.92% | |
Price / MAexp20: | -9.49% | |
Price / MAexp50: | -21.62% | |
Price / MAexp100: | -39.80% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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