AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - Daily - Technical analysis published on 04/04/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 3.59 USD
My targets
3.96 USD (+6.74%)
4.29 USD (+15.63%)
My analysis
The basic trend is currently slightly bullish on AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 3.59 USD, purchases could be favourable. The first bullish objective would be the resistance located at 3.96 USD. Then the price could move towards 4.29 USD. Then 4.72 USD by extension. A return under the support to 3.59 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3
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Additional analysis
Quotes
The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD rating is 3.71 USD. On the day, this instrument gained +3.06% and was traded between 3.60 USD and 3.71 USD over the period. The price is currently at +3.06% from its lowest and 0% from its highest.3.60
3.71
3.71
Here is a more detailed summary of the historical variations registered by AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD:
Technical
Technical analysis of AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, 12 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.61 | 3.20 | 3.59 | 3.71 | 3.77 | 3.96 | 4.29 |
| Change (%) | -29.65% | -13.75% | -3.23% | - | +1.62% | +6.74% | +15.63% |
| Change | -1.10 | -0.51 | -0.12 | - | +0.06 | +0.25 | +0.58 |
| Level | Major | Major | Intermediate | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.70 | 3.11 | 3.36 | 3.77 | 4.02 | 4.43 | 4.68 |
| Camarilla | 3.42 | 3.48 | 3.54 | 3.60 | 3.66 | 3.72 | 3.78 |
| Woodie | 2.61 | 3.07 | 3.27 | 3.73 | 3.93 | 4.39 | 4.59 |
| Fibonacci | 3.11 | 3.37 | 3.52 | 3.77 | 4.03 | 4.18 | 4.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.69 | 2.91 | 3.18 | 3.40 | 3.67 | 3.89 | 4.16 |
| Camarilla | 3.33 | 3.37 | 3.42 | 3.46 | 3.51 | 3.55 | 3.60 |
| Woodie | 2.73 | 2.92 | 3.22 | 3.41 | 3.71 | 3.90 | 4.20 |
| Fibonacci | 2.91 | 3.09 | 3.21 | 3.40 | 3.58 | 3.70 | 3.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.10 | 2.04 | 2.72 | 3.66 | 4.34 | 5.28 | 5.96 |
| Camarilla | 2.95 | 3.09 | 3.24 | 3.39 | 3.54 | 3.69 | 3.84 |
| Woodie | 0.96 | 1.98 | 2.58 | 3.60 | 4.20 | 5.22 | 5.82 |
| Fibonacci | 2.04 | 2.66 | 3.04 | 3.66 | 4.28 | 4.66 | 5.28 |
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): | 54.18 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 25.23 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 3.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.18 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 3.95 | |
| Zig ZAG (10): | 3.69 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 41.92 | |
| TEMA (21): | 3.52 | |
| Williams %R (14): | -61.67 | |
| Chande Momentum Oscillator (20): | 0.28 | |
| Repulse (5,40,3): | -5.7700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.3600 | |
| Courbe Coppock: | 5.87 |
| MA7: | 3.54 | |
| MA20: | 3.45 | |
| MA50: | 3.74 | |
| MA100: | 3.47 | |
| MAexp7: | 3.57 | |
| MAexp20: | 3.51 | |
| MAexp50: | 3.57 | |
| MAexp100: | 3.59 | |
| Price / MA7: | +4.80% | |
| Price / MA20: | +7.54% | |
| Price / MA50: | -0.80% | |
| Price / MA100: | +6.92% | |
| Price / MAexp7: | +3.92% | |
| Price / MAexp20: | +5.70% | |
| Price / MAexp50: | +3.92% | |
| Price / MAexp100: | +3.34% |
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
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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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