AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD - Daily - Technical analysis published on 04/12/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 3.20 USD
My targets
3.77 USD (+4.72%)
3.94 USD (+9.44%)
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 3.20 USD, purchases could be favourable. The first bullish objective would be the resistance located at 3.77 USD. Then the price could move towards 3.94 USD. Then 4.28 USD by extension. A return under the support to 3.20 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.9
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Additional analysis
Quotes
The AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD rating is 3.60 USD. The price registered a decrease of -0.28% on the session and was traded between 3.52 USD and 3.64 USD over the period. The price is currently at +2.27% from its lowest and -1.10% from its highest.3.52
3.64
3.60
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of AMPLEFORTH GOVERNANCE TOKEN - FORTH/USD in Daily shows an overall slightly bullish trend. 46.43% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 3.03 | 3.20 | 3.60 | 3.77 | 3.94 | 4.28 |
| Change (%) | -27.50% | -15.83% | -11.11% | - | +4.72% | +9.44% | +18.89% |
| Change | -0.99 | -0.57 | -0.40 | - | +0.17 | +0.34 | +0.68 |
| Level | Major | Minor | Major | - | Intermediate | Minor | 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 | 3.36 | 3.46 | 3.53 | 3.63 | 3.70 | 3.80 | 3.87 |
| Camarilla | 3.56 | 3.58 | 3.59 | 3.61 | 3.63 | 3.64 | 3.66 |
| Woodie | 3.36 | 3.45 | 3.53 | 3.62 | 3.70 | 3.79 | 3.87 |
| Fibonacci | 3.46 | 3.52 | 3.56 | 3.63 | 3.69 | 3.73 | 3.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.95 | 2.69 | 3.12 | 3.86 | 4.29 | 5.03 | 5.46 |
| Camarilla | 3.22 | 3.33 | 3.43 | 3.54 | 3.65 | 3.76 | 3.86 |
| Woodie | 1.79 | 2.61 | 2.96 | 3.78 | 4.13 | 4.95 | 5.30 |
| Fibonacci | 2.69 | 3.14 | 3.42 | 3.86 | 4.31 | 4.59 | 5.03 |
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): | 51.27 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 28.43 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 3.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.39 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 3.95 | |
| Zig ZAG (10): | 3.58 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 25.51 | |
| TEMA (21): | 3.60 | |
| Williams %R (14): | -77.44 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | -3.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 15.77 |
| MA7: | 3.58 | |
| MA20: | 3.48 | |
| MA50: | 3.69 | |
| MA100: | 3.52 | |
| MAexp7: | 3.58 | |
| MAexp20: | 3.54 | |
| MAexp50: | 3.57 | |
| MAexp100: | 3.60 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | +3.45% | |
| Price / MA50: | -2.44% | |
| Price / MA100: | +2.27% | |
| Price / MAexp7: | +0.56% | |
| Price / MAexp20: | +1.69% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | -0% |
Quotes :
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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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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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