MONDAY.COM

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MNDY
ISIN:	IL0011762130

MONDAY.COM - Daily - Technical analysis published on 03/20/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 207.61 USD

My targets

235.94 USD (+4.28%)

284.71 USD (+25.84%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MONDAY.COM as long as the price remains well above 207.61 USD. The buyers' bullish objective is set at 235.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 284.71 USD. If there is any crossing, the next objective would be the resistance located at 326.20 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

Comment on the analysis

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 PawelBodytko. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MONDAY.COM rating is 226.25 USD. On the day, this instrument gained +1.38% and was traded between 223.29 USD and 227.44 USD over the period. The price is currently at +1.33% from its lowest and -0.52% from its highest.

223.29

227.44

226.25

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this MONDAY.COM chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	172.03	186.30	207.61	226.25	235.94	326.20	406.49
Change (%)	-23.96%	-17.66%	-8.24%	-	+4.28%	+44.18%	+79.66%
Change	-54.22	-39.95	-18.64	-	+9.69	+99.95	+180.24
Level	Intermediate	Major	Major	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	208.38	211.65	217.42	220.69	226.46	229.73	235.50
Camarilla	220.69	221.52	222.35	223.18	224.01	224.84	225.67
Woodie	209.62	212.28	218.66	221.32	227.70	230.36	236.74
Fibonacci	211.65	215.11	217.24	220.69	224.15	226.28	229.73

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	199.07	206.17	211.59	218.69	224.11	231.21	236.63
Camarilla	213.56	214.71	215.85	217.00	218.15	219.30	220.44
Woodie	198.22	205.75	210.74	218.27	223.26	230.79	235.78
Fibonacci	206.17	210.96	213.91	218.69	223.48	226.43	231.21

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	158.05	177.52	200.27	219.74	242.49	261.96	284.71
Camarilla	211.40	215.27	219.14	223.01	226.88	230.75	234.62
Woodie	159.68	178.34	201.90	220.56	244.12	262.78	286.34
Fibonacci	177.52	193.65	203.62	219.74	235.87	245.84	261.96

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):	56.76
MACD (12,26,9):	2.6000
Directional Movement:	2.56
AROON (14):	-64.28
DEMA (21):	224.34
Parabolic SAR (0,02-0,02-0,2):	204.86
Elder Ray (13):	3.76
Super Trend (3,10):	238.51
Zig ZAG (10):	226.40
VORTEX (21):	1.0200
Stochastique (14,3,5):	54.19
TEMA (21):	222.44
Williams %R (14):	-35.45
Chande Momentum Oscillator (20):	-3.81
Repulse (5,40,3):	4.4100
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	3.20

MA7:	221.60
MA20:	220.35
MA50:	213.91
MA100:	191.03
MAexp7:	222.41
MAexp20:	220.47
MAexp50:	211.91
MAexp100:	197.80
Price / MA7:	+2.10%
Price / MA20:	+2.68%
Price / MA50:	+5.77%
Price / MA100:	+18.44%
Price / MAexp7:	+1.73%
Price / MAexp20:	+2.62%
Price / MAexp50:	+6.77%
Price / MAexp100:	+14.38%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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