STELLA - ALPHA/USD - Daily - Technical analysis published on 06/06/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.116500 USD
My targets
0.094667 USD (-14.87%)
0.078070 USD (-29.79%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ALPHA FINANCE LAB - ALPHA/USD. As long as you are under the resistance located at 0.116500 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.094667 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.078070 USD as an objective. Crossing it would then enable sellers to target 0.065340 USD. If the resistance 0.116500 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALPHA FINANCE LAB - ALPHA/USD rating is 0.111200 USD. The price registered an increase of +4.12% on the session and was between 0.106800 USD and 0.111200 USD. This implies that the price is at +4.12% from its lowest and at 0% from its highest.0.106800
0.111200
0.111200
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this ALPHA FINANCE LAB - ALPHA/USD chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
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 | 0.065340 | 0.078070 | 0.094667 | 0.111200 | 0.116500 | 0.128180 | 0.142000 |
| Change (%) | -41.24% | -29.79% | -14.87% | - | +4.77% | +15.27% | +27.70% |
| Change | -0.045860 | -0.033130 | -0.016533 | - | +0.005300 | +0.016980 | +0.030800 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080067 | 0.090333 | 0.098567 | 0.108833 | 0.117067 | 0.127333 | 0.135567 |
| Camarilla | 0.101713 | 0.103408 | 0.105104 | 0.106800 | 0.108496 | 0.110192 | 0.111888 |
| Woodie | 0.079050 | 0.089825 | 0.097550 | 0.108325 | 0.116050 | 0.126825 | 0.134550 |
| Fibonacci | 0.090333 | 0.097400 | 0.101766 | 0.108833 | 0.115900 | 0.120266 | 0.127333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.085300 | 0.095900 | 0.107000 | 0.117600 | 0.128700 | 0.139300 | 0.150400 |
| Camarilla | 0.112133 | 0.114122 | 0.116111 | 0.118100 | 0.120089 | 0.122078 | 0.124068 |
| Woodie | 0.085550 | 0.096025 | 0.107250 | 0.117725 | 0.128950 | 0.139425 | 0.150650 |
| Fibonacci | 0.095900 | 0.104189 | 0.109311 | 0.117600 | 0.125889 | 0.131011 | 0.139300 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.044533 | 0.069527 | 0.089313 | 0.114307 | 0.134093 | 0.159087 | 0.178873 |
| Camarilla | 0.096786 | 0.100890 | 0.104995 | 0.109100 | 0.113205 | 0.117310 | 0.121415 |
| Woodie | 0.041930 | 0.068225 | 0.086710 | 0.113005 | 0.131490 | 0.157785 | 0.176270 |
| Fibonacci | 0.069527 | 0.086633 | 0.097201 | 0.114307 | 0.131413 | 0.141981 | 0.159087 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.97 | |
| MACD (12,26,9): | 0.0012 | |
| Directional Movement: | 5.102251 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.112854 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.128200 | |
| Elder Ray (13): | -0.004461 | |
| Super Trend (3,10): | 0.099267 | |
| Zig ZAG (10): | 0.109000 | |
| VORTEX (21): | 1.0350 | |
| Stochastique (14,3,5): | 41.93 | |
| TEMA (21): | 0.114862 | |
| Williams %R (14): | -67.03 | |
| Chande Momentum Oscillator (20): | 0.004400 | |
| Repulse (5,40,3): | -5.3197 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1305 | |
| Courbe Coppock: | 19.52 |
| MA7: | 0.113814 | |
| MA20: | 0.109995 | |
| MA50: | 0.111635 | |
| MA100: | 0.111884 | |
| MAexp7: | 0.113157 | |
| MAexp20: | 0.111590 | |
| MAexp50: | 0.111408 | |
| MAexp100: | 0.111944 | |
| Price / MA7: | -2.30% | |
| Price / MA20: | +1.10% | |
| Price / MA50: | -0.39% | |
| Price / MA100: | -0.61% | |
| Price / MAexp7: | -1.73% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -0.19% | |
| Price / MAexp100: | -0.66% |
Quotes :
-
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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