NEUROMETRIX INC. - 15 min. - Technical analysis published on 07/20/2021 (GMT)
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- Timeframe : 15 min.
- - 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:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 4.90 USD
My targets
11.57 USD (+42.84%)
16.00 USD (+97.53%)
My analysis
NEUROMETRIX 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 4.90 USD. The next resistance located at 11.57 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 16.00 USD. After this resistance, buyers could then target 20.80 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.
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
8.8
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEUROMETRIX INC. price is 8.10 USD. The price has increased by +148.47% since the last closing and was traded between 3.86 USD and 8.10 USD over the period. The price is currently at +109.84% from its lowest and 0% from its highest.3.86
8.10
8.10
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NEUROMETRIX INC. in 15 min. shows a strongly overall bullish trend. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Long white line
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.79 | 4.90 | 5.30 | 8.10 | 11.57 | 16.00 | 20.80 |
| Change (%) | -53.21% | -39.51% | -34.57% | - | +42.84% | +97.53% | +156.79% |
| Change | -4.31 | -3.20 | -2.80 | - | +3.47 | +7.90 | +12.70 |
| Level | Major | Minor | Intermediate | - | 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 | 2.83 | 2.93 | 3.09 | 3.19 | 3.35 | 3.45 | 3.61 |
| Camarilla | 3.19 | 3.21 | 3.24 | 3.26 | 3.28 | 3.31 | 3.33 |
| Woodie | 2.87 | 2.95 | 3.13 | 3.21 | 3.39 | 3.47 | 3.65 |
| Fibonacci | 2.93 | 3.03 | 3.09 | 3.19 | 3.29 | 3.35 | 3.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.67 | 2.93 | 3.08 | 3.34 | 3.49 | 3.75 | 3.90 |
| Camarilla | 3.12 | 3.16 | 3.19 | 3.23 | 3.27 | 3.31 | 3.34 |
| Woodie | 2.62 | 2.90 | 3.03 | 3.31 | 3.44 | 3.72 | 3.85 |
| Fibonacci | 2.93 | 3.09 | 3.18 | 3.34 | 3.50 | 3.59 | 3.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.11 | 2.52 | 2.97 | 3.38 | 3.83 | 4.24 | 4.69 |
| Camarilla | 3.17 | 3.25 | 3.33 | 3.41 | 3.49 | 3.57 | 3.65 |
| Woodie | 2.12 | 2.53 | 2.98 | 3.39 | 3.84 | 4.25 | 4.70 |
| Fibonacci | 2.52 | 2.85 | 3.06 | 3.38 | 3.71 | 3.92 | 4.24 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 89.78 | |
| MACD (12,26,9): | 0.4900 | |
| Directional Movement: | 60.13 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 4.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.57 | |
| Elder Ray (13): | 1.42 | |
| Super Trend (3,10): | 4.75 | |
| Zig ZAG (10): | 5.67 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 92.48 | |
| TEMA (21): | 5.68 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 3.21 | |
| Repulse (5,40,3): | 27.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.6300 | |
| Courbe Coppock: | 152.01 |
| MA7: | 3.86 | |
| MA20: | 3.53 | |
| MA50: | 3.30 | |
| MA100: | 3.32 | |
| MAexp7: | 5.92 | |
| MAexp20: | 3.97 | |
| MAexp50: | 3.58 | |
| MAexp100: | 3.44 | |
| Price / MA7: | +109.84% | |
| Price / MA20: | +129.46% | |
| Price / MA50: | +145.45% | |
| Price / MA100: | +143.98% | |
| Price / MAexp7: | +36.82% | |
| Price / MAexp20: | +104.03% | |
| Price / MAexp50: | +126.26% | |
| Price / MAexp100: | +135.47% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on NEUROMETRIX INC.. At the time of publication of this analysis, the latest news was as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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