MICROSTRATEGY INC.
MICROSTRATEGY INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MSTR
ISIN:

MICROSTRATEGY INC. - Daily - Technical analysis published on 10/15/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 191.92 USD
My targets
201.13 USD (+1.33%)
219.87 USD (+10.77%)
My analysis
MICROSTRATEGY INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 191.92 USD. The next resistance located at 201.13 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 219.87 USD. After this resistance, buyers could then target 260.15 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. 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

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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

MICROSTRATEGY INC. rating 198.50 USD. On the day, this instrument lost -1.57% and was traded between 189.70 USD and 211.16 USD over the period. The price is currently at +4.64% from its lowest and -6.00% from its highest.

189.70
211.16
198.50

Here is a more detailed summary of the historical variations registered by MICROSTRATEGY INC.:
The Central Records scanner for higher/lower results shows an item:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this MICROSTRATEGY INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 127.29 150.01 191.92 198.50
Change (%) -35.87% -24.43% -3.31% -
Change -71.21 -48.49 -6.58 -
Level Major Major Major -



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
Standard167.30184.36193.02210.08218.74235.80244.46
Camarilla194.60196.96199.31201.67204.03206.39208.74
Woodie163.09182.26188.81207.98214.53233.70240.25
Fibonacci184.36194.19200.26210.08219.91225.98235.80


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard154.65166.32189.46201.13224.27235.94259.08
Camarilla203.02206.21209.40212.59215.78218.97222.16
Woodie160.38169.19195.19204.00230.00238.81264.81
Fibonacci166.32179.62187.84201.13214.43222.65235.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard62.4288.05128.33153.96194.24219.87260.15
Camarilla150.48156.52162.56168.60174.64180.68186.73
Woodie69.7491.71135.65157.62201.56223.53267.47
Fibonacci88.05113.23128.79153.96179.14194.70219.87

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): 65.96
MACD (12,26,9): 15.8000
Directional Movement: 21.85
AROON (14): 92.86
DEMA (21): 194.20
Parabolic SAR (0,02-0,02-0,2): 187.41
Elder Ray (13): 16.46
Super Trend (3,10): 169.55
Zig ZAG (10): 199.38
VORTEX (21): 1.1200
Stochastique (14,3,5): 75.52
TEMA (21): 204.33
Williams %R (14): -39.87
Chande Momentum Oscillator (20): 22.96
Repulse (5,40,3): -7.4300
ROCnROLL: 1
TRIX (15,9): 1.2500
Courbe Coppock: 55.41
MA7: 194.79
MA20: 171.03
MA50: 147.94
MA100: 150.51
MAexp7: 193.59
MAexp20: 175.15
MAexp50: 158.47
MAexp100: 148.06
Price / MA7: +1.90%
Price / MA20: +16.06%
Price / MA50: +34.18%
Price / MA100: +31.88%
Price / MAexp7: +2.54%
Price / MAexp20: +13.33%
Price / MAexp50: +25.26%
Price / MAexp100: +34.07%

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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