MICROSTRATEGY INC. - Weekly - Technical analysis published on 06/15/2024 (GMT)
- 216
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : CANCELLED
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:
Strongly bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 1,272.94 USD
My targets
1,839.66 USD (+23.01%)
1,919.16 USD (+28.33%)
My analysis
The bullish trend is currently very strong on MICROSTRATEGY INC.. As long as the price remains above the support at 1,272.94 USD, you could try to benefit from the boom. The first bullish objective is located at 1,839.66 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,919.16 USD as an objective. 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.1
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 JSF2897. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICROSTRATEGY INC. rating 1,495.54 USD. The price is lower by -6.31% over the 5 days and has been traded over the last 5 days between 1,441.01 USD and 1,692.71 USD. This implies that the 5 day price is +3.78% from its lowest point and -11.65% from its highest point.1,441.01
1,692.71
1,495.54
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Weekly of this MICROSTRATEGY INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Weekly
Aroon indicator bearish trend
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 459.57 | 860.00 | 1,272.94 | 1,495.54 | 1,919.16 |
| Change (%) | -69.27% | -42.50% | -14.88% | - | +28.33% |
| Change | -1,035.97 | -635.54 | -222.60 | - | +423.62 |
| Level | Major | Intermediate | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,382.21 | 1,421.86 | 1,458.70 | 1,498.35 | 1,535.19 | 1,574.84 | 1,611.68 |
| Camarilla | 1,474.51 | 1,481.52 | 1,488.53 | 1,495.54 | 1,502.55 | 1,509.56 | 1,516.58 |
| Woodie | 1,380.81 | 1,421.16 | 1,457.30 | 1,497.65 | 1,533.79 | 1,574.14 | 1,610.28 |
| Fibonacci | 1,421.86 | 1,451.08 | 1,469.13 | 1,498.35 | 1,527.57 | 1,545.62 | 1,574.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,351.90 | 1,456.16 | 1,526.18 | 1,630.44 | 1,700.46 | 1,804.72 | 1,874.74 |
| Camarilla | 1,548.27 | 1,564.25 | 1,580.22 | 1,596.20 | 1,612.18 | 1,628.15 | 1,644.13 |
| Woodie | 1,334.78 | 1,447.60 | 1,509.06 | 1,621.88 | 1,683.34 | 1,796.16 | 1,857.62 |
| Fibonacci | 1,456.16 | 1,522.74 | 1,563.87 | 1,630.44 | 1,697.02 | 1,738.15 | 1,804.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 379.66 | 694.83 | 1,109.66 | 1,424.83 | 1,839.66 | 2,154.83 | 2,569.66 |
| Camarilla | 1,323.74 | 1,390.66 | 1,457.57 | 1,524.49 | 1,591.41 | 1,658.32 | 1,725.24 |
| Woodie | 429.49 | 719.75 | 1,159.49 | 1,449.75 | 1,889.49 | 2,179.75 | 2,619.49 |
| Fibonacci | 694.83 | 973.69 | 1,145.97 | 1,424.83 | 1,703.69 | 1,875.97 | 2,154.83 |
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): | 59.38 | |
| MACD (12,26,9): | 232.0600 | |
| Directional Movement: | 9.51 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 1,588.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,886.98 | |
| Elder Ray (13): | 167.97 | |
| Super Trend (3,10): | 1,118.45 | |
| Zig ZAG (10): | 1,495.54 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 57.34 | |
| TEMA (21): | 1,651.58 | |
| Williams %R (14): | -50.96 | |
| Chande Momentum Oscillator (20): | -27.46 | |
| Repulse (5,40,3): | -11.8600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 4.2100 | |
| Courbe Coppock: | 129.70 |
| MA7: | 1,570.19 | |
| MA20: | 1,607.74 | |
| MA50: | 1,423.72 | |
| MA100: | 1,250.03 | |
| MAexp7: | 1,492.00 | |
| MAexp20: | 1,278.05 | |
| MAexp50: | 922.32 | |
| MAexp100: | 683.51 | |
| Price / MA7: | -4.75% | |
| Price / MA20: | -6.98% | |
| Price / MA50: | +5.04% | |
| Price / MA100: | +19.64% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +17.02% | |
| Price / MAexp50: | +62.15% | |
| Price / MAexp100: | +118.80% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on MICROSTRATEGY INC. at the time of the analysis were as follows:
- Vertosoft Named as Federal Partner of the Year at MicroStrategy World 2024
- MicroStrategy Cloud enables University of Auckland to Revolutionise Data Accessibility
- Thinking about trading options or stock in NVIDIA, Mongodb, MicroStrategy, Carnival, or AT&T?
- Vertosoft Named as New Distributor for MicroStrategy
- Thinking about buying stock in Johnson & Johnson, Fortress Biotech, MicroStrategy, Neximmune, or ShiftPixy?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis MICROSTRATEGY INC. - Weekly