ALPHA FINANCE LAB - ALPHA/USD - Daily - Technical analysis published on 09/10/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 0.084418 USD
My targets
0.075180 USD (-8.84%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.084418 USD remains possible. It is advisable to trade ALPHA FINANCE LAB - ALPHA/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.084418 USD. The next bearish objective for sellers is set at 0.075180 USD. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 0.084418 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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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 0.082470 USD. The price has increased by +3.06% since the last closing and was between 0.076050 USD and 0.082470 USD. This implies that the price is at +8.44% from its lowest and at 0% from its highest.0.076050
0.082470
0.082470
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ALPHA FINANCE LAB - ALPHA/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.075180 | 0.082470 | 0.084418 | 0.097533 | 0.116200 |
Change (%) | -8.84% | - | +2.36% | +18.26% | +40.90% |
Change | -0.007290 | - | +0.001948 | +0.015063 | +0.033730 |
Level | Intermediate | - | Minor | Major | Minor |
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 | 0.075607 | 0.077473 | 0.078747 | 0.080613 | 0.081887 | 0.083753 | 0.085027 |
Camarilla | 0.079157 | 0.079444 | 0.079732 | 0.080020 | 0.080308 | 0.080596 | 0.080884 |
Woodie | 0.075310 | 0.077325 | 0.078450 | 0.080465 | 0.081590 | 0.083605 | 0.084730 |
Fibonacci | 0.077473 | 0.078673 | 0.079414 | 0.080613 | 0.081813 | 0.082554 | 0.083753 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.065260 | 0.069200 | 0.074610 | 0.078550 | 0.083960 | 0.087900 | 0.093310 |
Camarilla | 0.077449 | 0.078306 | 0.079163 | 0.080020 | 0.080877 | 0.081734 | 0.082591 |
Woodie | 0.065995 | 0.069568 | 0.075345 | 0.078918 | 0.084695 | 0.088268 | 0.094045 |
Fibonacci | 0.069200 | 0.072772 | 0.074978 | 0.078550 | 0.082122 | 0.084328 | 0.087900 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.039807 | 0.058433 | 0.067847 | 0.086473 | 0.095887 | 0.114513 | 0.123927 |
Camarilla | 0.069549 | 0.072119 | 0.074690 | 0.077260 | 0.079830 | 0.082401 | 0.084971 |
Woodie | 0.035200 | 0.056130 | 0.063240 | 0.084170 | 0.091280 | 0.112210 | 0.119320 |
Fibonacci | 0.058433 | 0.069145 | 0.075762 | 0.086473 | 0.097185 | 0.103802 | 0.114513 |
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): | 38.11 | |
MACD (12,26,9): | -0.0034 | |
Directional Movement: | -9.326089 | |
AROON (14): | -28.571429 | |
DEMA (21): | 0.075842 | |
Parabolic SAR (0,02-0,02-0,2): | 0.073327 | |
Elder Ray (13): | -0.001236 | |
Super Trend (3,10): | 0.086933 | |
Zig ZAG (10): | 0.076050 | |
VORTEX (21): | 0.9529 | |
Stochastique (14,3,5): | 43.47 | |
TEMA (21): | 0.076511 | |
Williams %R (14): | -76.26 | |
Chande Momentum Oscillator (20): | -0.008380 | |
Repulse (5,40,3): | -6.6445 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.7109 | |
Courbe Coppock: | 7.70 |
MA7: | 0.078873 | |
MA20: | 0.079641 | |
MA50: | 0.090632 | |
MA100: | 0.099794 | |
MAexp7: | 0.078472 | |
MAexp20: | 0.080907 | |
MAexp50: | 0.088342 | |
MAexp100: | 0.095722 | |
Price / MA7: | +4.56% | |
Price / MA20: | +3.55% | |
Price / MA50: | -9.01% | |
Price / MA100: | -17.36% | |
Price / MAexp7: | +5.09% | |
Price / MAexp20: | +1.93% | |
Price / MAexp50: | -6.65% | |
Price / MAexp100: | -13.84% |
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.
About author
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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