TOP FINANCIAL GROUP

TOP

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TOP
ISIN:

TOP FINANCIAL GROUP - 1H - Technical analysis published on 02/09/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Neutral between 2.94 USD and 3.20 USD

My targets

My analysis

The short-term decline on TOP FINANCIAL GROUP remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 2.94 USD. The first resistance is located at 3.20 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 TOP FINANCIAL GROUP price is 3.01 USD. The price has increased by +2.38% since the last closing and was traded between 2.87 USD and 3.02 USD over the period. The price is currently at +4.87% from its lowest and -0.20% from its highest.

2.87

3.02

3.01

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TOP FINANCIAL GROUP:

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

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on TOP FINANCIAL GROUP were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of TOP FINANCIAL GROUP in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish 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.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

Bullish harami

Type : Bullish

Timeframe : 1 hour

White marubozu

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	Price	S3	S2	S1	R1
ProTrendLines	3.01	3.67	3.90	5.20	108.21
Change (%)	-	+21.93%	+29.57%	+72.76%	+3,495.02%
Change	-	+0.66	+0.89	+2.19	+105.20
Level	-	Major	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.58	2.79	3.03	3.24	3.48	3.69	3.93
Camarilla	3.15	3.19	3.23	3.27	3.31	3.35	3.39
Woodie	2.60	2.80	3.05	3.25	3.50	3.70	3.95
Fibonacci	2.79	2.96	3.07	3.24	3.41	3.52	3.69

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.78	2.23	2.49	2.94	3.20	3.65	3.91
Camarilla	2.55	2.61	2.68	2.74	2.81	2.87	2.94
Woodie	1.68	2.18	2.39	2.89	3.10	3.60	3.81
Fibonacci	2.23	2.51	2.67	2.94	3.22	3.38	3.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.45	2.04	2.58	3.17	3.71	4.30	4.84
Camarilla	2.80	2.90	3.01	3.11	3.21	3.32	3.42
Woodie	1.42	2.03	2.55	3.16	3.68	4.29	4.81
Fibonacci	2.04	2.48	2.74	3.17	3.61	3.87	4.30

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	79.20
MACD (12,26,9):	0.7300
Directional Movement:	42.72
AROON (14):	78.57
DEMA (21):	4.86
Parabolic SAR (0,02-0,02-0,2):	4.83
Elder Ray (13):	1.68
Super Trend (3,10):	5.15
Zig ZAG (10):	6.23
VORTEX (21):	1.0100
Stochastique (14,3,5):	65.87
TEMA (21):	5.45
Williams %R (14):	-32.37
Chande Momentum Oscillator (20):	3.22
Repulse (5,40,3):	-7.6900
ROCnROLL:	1
TRIX (15,9):	1.5800
Courbe Coppock:	140.41

MA7:	3.40
MA20:	3.25
MA50:	3.70
MA100:	4.20
MAexp7:	5.16
MAexp20:	4.12
MAexp50:	3.50
MAexp100:	3.33
Price / MA7:	-11.47%
Price / MA20:	-7.38%
Price / MA50:	-18.65%
Price / MA100:	-28.33%
Price / MAexp7:	+19.38%
Price / MAexp20:	+49.51%
Price / MAexp50:	+76.00%
Price / MAexp100:	+84.98%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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