MICROSTRATEGY INC. - 1H - Technical analysis published on 12/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 365.34 USD
My targets
317.54 USD (-10.60%)
308.26 USD (-13.21%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MICROSTRATEGY INC.. As long as you are under the resistance located at 365.34 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 317.54 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 308.26 USD as an objective. Crossing it would then enable sellers to target 191.92 USD. If the resistance 365.34 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICROSTRATEGY INC. rating is 355.18 USD. The price registered an increase of +6.91% on the session and was traded between 342.70 USD and 356.16 USD over the period. The price is currently at +3.64% from its lowest and -0.28% from its highest.342.70
356.16
355.18
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this MICROSTRATEGY INC. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 127.29 | 191.92 | 317.54 | 355.18 | 365.34 | 410.80 | 444.94 |
| Change (%) | -64.16% | -45.97% | -10.60% | - | +2.86% | +15.66% | +25.27% |
| Change | -227.89 | -163.26 | -37.64 | - | +10.16 | +55.62 | +89.76 |
| Level | Major | Major | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 290.30 | 309.69 | 320.96 | 340.35 | 351.62 | 371.01 | 382.28 |
| Camarilla | 323.80 | 326.61 | 329.42 | 332.23 | 335.04 | 337.85 | 340.66 |
| Woodie | 286.24 | 307.66 | 316.90 | 338.32 | 347.56 | 368.98 | 378.22 |
| Fibonacci | 309.69 | 321.40 | 328.64 | 340.35 | 352.06 | 359.30 | 371.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.65 | 252.33 | 308.26 | 372.94 | 428.87 | 493.55 | 549.48 |
| Camarilla | 331.03 | 342.09 | 353.14 | 364.20 | 375.26 | 386.31 | 397.37 |
| Woodie | 183.29 | 250.14 | 303.90 | 370.75 | 424.51 | 491.36 | 545.12 |
| Fibonacci | 252.33 | 298.40 | 326.86 | 372.94 | 419.01 | 447.47 | 493.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -97.65 | 61.58 | 224.53 | 383.76 | 546.71 | 705.94 | 868.89 |
| Camarilla | 298.87 | 328.40 | 357.94 | 387.47 | 417.00 | 446.54 | 476.07 |
| Woodie | -95.80 | 62.51 | 226.38 | 384.69 | 548.56 | 706.87 | 870.74 |
| Fibonacci | 61.58 | 184.66 | 260.69 | 383.76 | 506.84 | 582.87 | 705.94 |
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): | 50.75 | |
| MACD (12,26,9): | -5.4400 | |
| Directional Movement: | -2.42 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 341.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 357.42 | |
| Elder Ray (13): | 5.11 | |
| Super Trend (3,10): | 368.24 | |
| Zig ZAG (10): | 355.00 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 67.41 | |
| TEMA (21): | 344.69 | |
| Williams %R (14): | -28.66 | |
| Chande Momentum Oscillator (20): | 1.05 | |
| Repulse (5,40,3): | 1.6100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3400 | |
| Courbe Coppock: | 2.54 |
| MA7: | 360.38 | |
| MA20: | 377.45 | |
| MA50: | 323.19 | |
| MA100: | 234.87 | |
| MAexp7: | 348.38 | |
| MAexp20: | 350.43 | |
| MAexp50: | 364.07 | |
| MAexp100: | 371.92 | |
| Price / MA7: | -1.44% | |
| Price / MA20: | -5.90% | |
| Price / MA50: | +9.90% | |
| Price / MA100: | +51.22% | |
| Price / MAexp7: | +1.95% | |
| Price / MAexp20: | +1.36% | |
| Price / MAexp50: | -2.44% | |
| Price / MAexp100: | -4.50% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on MICROSTRATEGY INC. at the time of the analysis were as follows:
- MicroStrategy Completes $3,000,000,000 Offering of 0% Convertible Senior Notes Due 2029
- MicroStrategy Announces Pricing of Offering of 0% Convertible Senior Notes
- MicroStrategy Announces Proposed Private Offering of $1.75 Billion of Convertible Senior Notes
- MicroStrategy Announces BTC and ATM Activity; Raised $2.03 billion; Purchased 27,200 BTC; Now Holds 279,420 BTC with BTC Yield of 26.4% YTD
- Vortex Brands Co. Acquires MicroStrategy Stock as Strategic Asset
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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