SYSTEM1 INC. CLASS A

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	SST
ISIN:

SYSTEM1 INC. CLASS A - Weekly - Technical analysis published on 04/01/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

33%

22%

44%

My opinion

Bearish under 2.38 USD

My targets

1.77 USD (-3.44%)

1.34 USD (-26.61%)

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 SYSTEM1 INC. CLASS A. As long as you are under the resistance located at 2.38 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.77 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 1.34 USD as an objective. Crossing it would then enable sellers to target 0.73 USD. If the resistance 2.38 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

2.1

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

Additional analysis

Quotes

The SYSTEM1 INC. CLASS A rating is 1.83 USD. The price registered an increase of +47.58% over 5 days and has been traded over the last 5 days between 1.27 USD and 2.73 USD. This implies that the 5 day price is +44.09% from its lowest point and -32.97% from its highest point.

1.27

2.73

1.83

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on SYSTEM1 INC. CLASS A were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of SYSTEM1 INC. CLASS A in Weekly shows an overall bearish trend. 71.43% 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. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Weekly

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Weekly

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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:

Bearish harami

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	1.83	2.87	11.61	17.18
Change (%)	-	+56.83%	+534.43%	+838.80%
Change	-	+1.04	+9.78	+15.35
Level	-	Intermediate	Minor	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	0.28	0.95	1.39	2.06	2.50	3.17	3.61
Camarilla	1.53	1.63	1.73	1.83	1.93	2.03	2.14
Woodie	0.17	0.89	1.28	2.00	2.39	3.11	3.50
Fibonacci	0.95	1.37	1.64	2.06	2.48	2.75	3.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.30	0.73	1.34	1.77	2.38	2.81	3.42
Camarilla	1.67	1.77	1.87	1.96	2.06	2.15	2.25
Woodie	0.40	0.78	1.44	1.82	2.48	2.86	3.52
Fibonacci	0.73	1.12	1.37	1.77	2.16	2.41	2.81

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.30	0.73	1.34	1.77	2.38	2.81	3.42
Camarilla	1.67	1.77	1.87	1.96	2.06	2.15	2.25
Woodie	0.40	0.78	1.44	1.82	2.48	2.86	3.52
Fibonacci	0.73	1.12	1.37	1.77	2.16	2.41	2.81

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):	51.18
MACD (12,26,9):	-0.1500
Directional Movement:	2.75
AROON (14):	-92.86
DEMA (21):	1.52
Parabolic SAR (0,02-0,02-0,2):	2.38
Elder Ray (13):	-0.04
Super Trend (3,10):	0.99
Zig ZAG (10):	1.96
VORTEX (21):	1.0000
Stochastique (14,3,5):	15.96
TEMA (21):	1.77
Williams %R (14):	-56.68
Chande Momentum Oscillator (20):	0.00
Repulse (5,40,3):	-6.7000
ROCnROLL:	-1
TRIX (15,9):	-1.2000
Courbe Coppock:	2.86

MA7:	1.38
MA20:	1.53
MA50:	1.69
MA100:	1.69
MAexp7:	1.67
MAexp20:	1.77
MAexp50:	2.67
MAexp100:	5.18
Price / MA7:	+32.61%
Price / MA20:	+19.61%
Price / MA50:	+8.28%
Price / MA100:	+8.28%
Price / MAexp7:	+9.58%
Price / MAexp20:	+3.39%
Price / MAexp50:	-31.46%
Price / MAexp100:	-64.67%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on SYSTEM1 INC. CLASS A at the time of the analysis were as follows:

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

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