QUANT - QNT/USD - 1H - Technical analysis published on 02/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 108.87 USD
My targets
105.49 USD (-1.73%)
104.07 USD (-3.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on QUANT - QNT/USD as long as the price remains well below 108.87 USD. The sellers' bearish objective is set at 105.49 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 104.07 USD. In case of crossing, the next objective would be the support located at 101.49 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
QUANT - QNT/USD rating 107.35 USD. On the day, this instrument lost -0.08% with the lowest point at 106.49 USD and the highest point at 107.64 USD. The deviation from the price is +0.81% for the low point and -0.27% for the high point.106.49
107.64
107.35
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of QUANT - QNT/USD in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 104.07 | 105.49 | 107.15 | 107.35 | 108.87 | 111.16 | 114.10 |
| Change (%) | -3.06% | -1.73% | -0.19% | - | +1.42% | +3.55% | +6.29% |
| Change | -3.28 | -1.86 | -0.20 | - | +1.52 | +3.81 | +6.75 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Intermediate |
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 | 100.23 | 103.03 | 105.24 | 108.04 | 110.25 | 113.05 | 115.26 |
| Camarilla | 106.06 | 106.52 | 106.98 | 107.44 | 107.90 | 108.36 | 108.82 |
| Woodie | 99.93 | 102.88 | 104.94 | 107.89 | 109.95 | 112.90 | 114.96 |
| Fibonacci | 103.03 | 104.95 | 106.13 | 108.04 | 109.96 | 111.14 | 113.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 88.38 | 94.85 | 101.15 | 107.62 | 113.92 | 120.39 | 126.69 |
| Camarilla | 103.93 | 105.10 | 106.27 | 107.44 | 108.61 | 109.78 | 110.95 |
| Woodie | 88.29 | 94.81 | 101.06 | 107.58 | 113.83 | 120.35 | 126.60 |
| Fibonacci | 94.85 | 99.73 | 102.75 | 107.62 | 112.50 | 115.52 | 120.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.81 | 71.04 | 86.81 | 116.04 | 131.81 | 161.04 | 176.81 |
| Camarilla | 90.22 | 94.34 | 98.47 | 102.59 | 106.72 | 110.84 | 114.97 |
| Woodie | 35.09 | 67.68 | 80.09 | 112.68 | 125.09 | 157.68 | 170.09 |
| Fibonacci | 71.04 | 88.23 | 98.85 | 116.04 | 133.23 | 143.85 | 161.04 |
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): | 42.11 | |
| MACD (12,26,9): | -0.5500 | |
| Directional Movement: | -12.32 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 107.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.32 | |
| Elder Ray (13): | -0.50 | |
| Super Trend (3,10): | 109.51 | |
| Zig ZAG (10): | 106.94 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 36.26 | |
| TEMA (21): | 106.71 | |
| Williams %R (14): | -62.35 | |
| Chande Momentum Oscillator (20): | -1.16 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 1.27 |
| MA7: | 107.35 | |
| MA20: | 104.75 | |
| MA50: | 112.38 | |
| MA100: | 111.32 | |
| MAexp7: | 107.20 | |
| MAexp20: | 107.71 | |
| MAexp50: | 108.18 | |
| MAexp100: | 107.57 | |
| Price / MA7: | -0% | |
| Price / MA20: | +2.48% | |
| Price / MA50: | -4.48% | |
| Price / MA100: | -3.57% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -0.77% | |
| Price / MAexp100: | -0.20% |
Quotes :
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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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