MICROSTRATEGY INC. - Daily - Technical analysis published on 06/15/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 518.52 USD
My targets
620.24 USD (+3.63%)
780.91 USD (+30.48%)
My analysis
MICROSTRATEGY INC. is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 518.52 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 620.24 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 780.91 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 848.54 USD. Beware of a possible return to under the support located at 518.52 USD which would be the sign of a correction of the bullish excesses registered in the short term.
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
5
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Additional analysis
Quotes
The MICROSTRATEGY INC. price is 598.49 USD. The price registered an increase of +15.89% on the session and was between 544.00 USD and 605.69 USD. This implies that the price is at +10.02% from its lowest and at -1.19% from its highest.544.00
605.69
598.49
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of MICROSTRATEGY INC. indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 221.60 | 342.77 | 452.29 | 598.49 | 620.24 | 848.54 | 963.72 |
| Change (%) | -62.97% | -42.73% | -24.43% | - | +3.63% | +41.78% | +61.03% |
| Change | -376.89 | -255.72 | -146.20 | - | +21.75 | +250.05 | +365.23 |
| Level | Intermediate | Intermediate | Major | - | Major | 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 | 498.07 | 521.04 | 559.76 | 582.73 | 621.45 | 644.42 | 683.14 |
| Camarilla | 581.53 | 587.18 | 592.84 | 598.49 | 604.15 | 609.80 | 615.46 |
| Woodie | 505.96 | 524.98 | 567.65 | 586.67 | 629.34 | 648.36 | 691.03 |
| Fibonacci | 521.04 | 544.60 | 559.16 | 582.73 | 606.29 | 620.85 | 644.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 498.07 | 521.04 | 559.76 | 582.73 | 621.45 | 644.42 | 683.14 |
| Camarilla | 581.53 | 587.18 | 592.84 | 598.49 | 604.15 | 609.80 | 615.46 |
| Woodie | 505.96 | 524.98 | 567.65 | 586.67 | 629.34 | 648.36 | 691.03 |
| Fibonacci | 521.04 | 544.60 | 559.16 | 582.73 | 606.29 | 620.85 | 644.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.67 | 256.13 | 363.06 | 518.52 | 625.45 | 780.91 | 887.84 |
| Camarilla | 397.84 | 421.90 | 445.95 | 470.00 | 494.05 | 518.11 | 542.16 |
| Woodie | 76.42 | 244.00 | 338.81 | 506.39 | 601.20 | 768.78 | 863.59 |
| Fibonacci | 256.13 | 356.36 | 418.28 | 518.52 | 618.75 | 680.67 | 780.91 |
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): | 61.86 | |
| MACD (12,26,9): | -12.6700 | |
| Directional Movement: | 12.03 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 487.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 435.92 | |
| Elder Ray (13): | 64.46 | |
| Super Trend (3,10): | 460.30 | |
| Zig ZAG (10): | 598.49 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 87.32 | |
| TEMA (21): | 510.18 | |
| Williams %R (14): | -4.05 | |
| Chande Momentum Oscillator (20): | 115.70 | |
| Repulse (5,40,3): | 15.8900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.8300 | |
| Courbe Coppock: | 15.75 |
| MA7: | 507.20 | |
| MA20: | 487.93 | |
| MA50: | 585.10 | |
| MA100: | 667.65 | |
| MAexp7: | 522.67 | |
| MAexp20: | 514.38 | |
| MAexp50: | 561.50 | |
| MAexp100: | 567.14 | |
| Price / MA7: | +18.00% | |
| Price / MA20: | +22.66% | |
| Price / MA50: | +2.29% | |
| Price / MA100: | -10.36% | |
| Price / MAexp7: | +14.51% | |
| Price / MAexp20: | +16.35% | |
| Price / MAexp50: | +6.59% | |
| Price / MAexp100: | +5.53% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on MICROSTRATEGY INC. at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in MicroStrategy, Moderna, Adobe, Workhorse Group, or Square?
- MicroStrategy Completes $500 Million Offering of 6.125% Senior Secured Notes Due 2028 with Bitcoin Use of Proceeds
- Thinking about trading options or stock in MicroStrategy, Asana, AMC Entertainment, Ocugen, or Option Care Health?
- MicroStrategy Announces Pricing of Private Offering of Senior Secured Notes
- MicroStrategy Announces Proposed Private Offering of $400 Million of Senior Secured Notes
This member declared not having a position on this financial instrument or a related financial instrument.
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