KOPIN CORP. - Weekly - Technical analysis published on 12/28/2020 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2.30 USD
My targets
3.08 USD (+15.79%)
3.16 USD (+18.68%)
My analysis
The bullish trend is currently very strong on KOPIN CORP.. As long as the price remains above the support at 2.30 USD, you could try to benefit from the boom. The first bullish objective is located at 3.08 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.16 USD as an objective. Crossing it would then enable buyers to target 3.90 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
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Additional analysis
Quotes
The KOPIN CORP. rating is 2.66 USD. The price registered an increase of +1.92% over 5 days and was traded between 2.66 USD and 2.91 USD over the period. The price is currently at 0% from its lowest point and -8.59% from its highest point.2.66
2.91
2.66
Here is a more detailed summary of the historical variations registered by KOPIN CORP.:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of KOPIN CORP. in Weekly shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Long white line
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.97 | 1.58 | 2.14 | 2.66 | 3.08 | 3.90 | 4.49 |
| Change (%) | -63.53% | -40.60% | -19.55% | - | +15.79% | +46.62% | +68.80% |
| Change | -1.69 | -1.08 | -0.52 | - | +0.42 | +1.24 | +1.83 |
| Level | Intermediate | Major | Major | - | Major | Minor | Major |
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 | 2.38 | 2.52 | 2.63 | 2.77 | 2.88 | 3.02 | 3.13 |
| Camarilla | 2.67 | 2.69 | 2.72 | 2.74 | 2.76 | 2.79 | 2.81 |
| Woodie | 2.37 | 2.51 | 2.62 | 2.76 | 2.87 | 3.01 | 3.12 |
| Fibonacci | 2.52 | 2.62 | 2.68 | 2.77 | 2.87 | 2.93 | 3.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.81 | 1.40 | 2.07 | 2.66 | 3.33 | 3.92 | 4.59 |
| Camarilla | 2.39 | 2.51 | 2.63 | 2.74 | 2.86 | 2.97 | 3.09 |
| Woodie | 0.85 | 1.42 | 2.11 | 2.68 | 3.37 | 3.94 | 4.63 |
| Fibonacci | 1.40 | 1.88 | 2.18 | 2.66 | 3.14 | 3.44 | 3.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.58 | 0.87 | 1.44 | 1.73 | 2.30 | 2.59 | 3.16 |
| Camarilla | 1.76 | 1.84 | 1.92 | 2.00 | 2.08 | 2.16 | 2.24 |
| Woodie | 0.71 | 0.94 | 1.57 | 1.80 | 2.43 | 2.66 | 3.29 |
| Fibonacci | 0.87 | 1.20 | 1.41 | 1.73 | 2.06 | 2.27 | 2.59 |
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): | 75.69 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 42.15 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 2.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.46 | |
| Elder Ray (13): | 0.96 | |
| Super Trend (3,10): | 1.80 | |
| Zig ZAG (10): | 2.86 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 78.42 | |
| TEMA (21): | 2.25 | |
| Williams %R (14): | -17.55 | |
| Chande Momentum Oscillator (20): | 1.43 | |
| Repulse (5,40,3): | 22.6500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.0000 | |
| Courbe Coppock: | 101.81 |
| MA7: | 2.49 | |
| MA20: | 1.98 | |
| MA50: | 1.61 | |
| MA100: | 1.53 | |
| MAexp7: | 2.18 | |
| MAexp20: | 1.61 | |
| MAexp50: | 1.38 | |
| MAexp100: | 1.38 | |
| Price / MA7: | +6.83% | |
| Price / MA20: | +34.34% | |
| Price / MA50: | +65.22% | |
| Price / MA100: | +73.86% | |
| Price / MAexp7: | +22.02% | |
| Price / MAexp20: | +65.22% | |
| Price / MAexp50: | +92.75% | |
| Price / MAexp100: | +92.75% |
Quotes :
2020-12-28 16:43:17
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15 min delayed data
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NASDAQ Stocks
News
Don"t forget to follow the news on KOPIN CORP.. At the time of publication of this analysis, the latest news was as follows:
- Thinking about buying stock in Microvision, RMG Acquisition Corp, Marathon Patent Group, Kopin Corp, or Mohawk Group?
- Kopin LCD Delivers Augmented Reality Capabilities to Iristick Smart Glasses Users
- Kopin Announces Very Solid Results for Third Quarter of 2020
- Kopin Corporation to Report Third Quarter of 2020 Financial Results on Tuesday, November 3, 2020
- Kopin to Participate in a Panel Discussion With Insight Media
This member declared not having a position on this financial instrument or a related financial instrument.
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