HIVE DIGITAL TECHNOLOGIES LTD - 15 min. - Technical analysis published on 07/21/2021 (GMT)
- 224
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2.32 USD
My targets
2.42 USD (+1.55%)
2.50 USD (+5.04%)
My analysis
The bullish trend is currently very strong on HIVE BLOCKCHAIN TECHNOLOGIES. As long as the price remains above the support at 2.32 USD, you could try to benefit from the boom. The first bullish objective is located at 2.42 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.50 USD as an objective. Crossing it would then enable buyers to target 2.63 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.8
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 aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HIVE BLOCKCHAIN TECHNOLOGIES rating 2.38 USD. On the day, this instrument gained +8.68% with the lowest point at 2.23 USD and the highest point at 2.39 USD. The deviation from the price is +6.73% for the low point and -0.42% for the high point.2.23
2.39
2.38
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
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:
Technical
Technical analysis of HIVE BLOCKCHAIN TECHNOLOGIES in 15 min. shows a strongly overall bullish trend. 89.29% 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 currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.79 | 2.14 | 2.35 | 2.38 | 2.67 | 3.04 | 3.20 |
| Change (%) | -24.79% | -10.08% | -1.26% | - | +12.18% | +27.73% | +34.45% |
| Change | -0.59 | -0.24 | -0.03 | - | +0.29 | +0.66 | +0.82 |
| Level | Major | Major | Major | - | Intermediate | Intermediate | 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 | 1.64 | 1.76 | 1.97 | 2.09 | 2.30 | 2.42 | 2.63 |
| Camarilla | 2.10 | 2.13 | 2.16 | 2.19 | 2.22 | 2.25 | 2.28 |
| Woodie | 1.70 | 1.78 | 2.03 | 2.11 | 2.36 | 2.44 | 2.69 |
| Fibonacci | 1.76 | 1.88 | 1.96 | 2.09 | 2.21 | 2.29 | 2.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.46 | 1.80 | 1.98 | 2.32 | 2.50 | 2.84 | 3.02 |
| Camarilla | 2.02 | 2.07 | 2.11 | 2.16 | 2.21 | 2.26 | 2.30 |
| Woodie | 1.38 | 1.76 | 1.90 | 2.28 | 2.42 | 2.80 | 2.94 |
| Fibonacci | 1.80 | 2.00 | 2.12 | 2.32 | 2.52 | 2.64 | 2.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.06 | 1.55 | 2.21 | 2.70 | 3.36 | 3.85 | 4.51 |
| Camarilla | 2.54 | 2.65 | 2.76 | 2.86 | 2.97 | 3.07 | 3.18 |
| Woodie | 1.14 | 1.59 | 2.29 | 2.74 | 3.44 | 3.89 | 4.59 |
| Fibonacci | 1.55 | 1.99 | 2.26 | 2.70 | 3.14 | 3.41 | 3.85 |
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): | 79.46 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 23.88 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 2.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.07 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 2.08 | |
| Zig ZAG (10): | 2.19 | |
| VORTEX (21): | 1.4100 | |
| Stochastique (14,3,5): | 96.47 | |
| TEMA (21): | 2.16 | |
| Williams %R (14): | -6.00 | |
| Chande Momentum Oscillator (20): | 0.22 | |
| Repulse (5,40,3): | 4.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 17.23 |
| MA7: | 2.25 | |
| MA20: | 2.49 | |
| MA50: | 2.52 | |
| MA100: | 3.07 | |
| MAexp7: | 2.13 | |
| MAexp20: | 2.28 | |
| MAexp50: | 2.19 | |
| MAexp100: | 2.18 | |
| Price / MA7: | +5.78% | |
| Price / MA20: | -4.42% | |
| Price / MA50: | -5.56% | |
| Price / MA100: | -22.48% | |
| Price / MAexp7: | +11.74% | |
| Price / MAexp20: | +4.39% | |
| Price / MAexp50: | +8.68% | |
| Price / MAexp100: | +9.17% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on HIVE BLOCKCHAIN TECHNOLOGIES at the time of the analysis were as follows:
- REPEAT - HIVE Buys 3,019 High Performance Bitcoin Miners Increasing Production By 46% Immediately
- HIVE Buys 3,019 High Performance Bitcoin Miners Increasing Production By 46% Immediately
- REPEAT - HIVE Announces Long Term HPC Computing Strategy Beyond Ethereum 2.0
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis HIVE DIGITAL TECHNOLOGIES LTD - 15 min.