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

NEUROMETRIX INC. - Daily - Technical analysis published on 07/21/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

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%
0%
11%
My opinion
Bullish above 20.80 USD
My targets
1,513.66 USD (+5,677.33%)
39,398.40 USD (+150,275.57%)
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 20.80 USD. The next resistance located at 1,513.66 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 39,398.40 USD. After this resistance, buyers could then target 126,605.00 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
8.9

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 aba0550. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

The NEUROMETRIX INC. price is 26.20 USD. The price registered an increase of +160.96% on the session and was between 15.75 USD and 38.67 USD. This implies that the price is at +66.35% from its lowest and at -32.25% from its highest.

15.75
38.67
26.20

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NEUROMETRIX INC.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on NEUROMETRIX INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this Daily chart of NEUROMETRIX INC. indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily


Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 16 technical indicators on 18 studied 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 has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily


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:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.57 16.00 20.80 26.20 1,513.66 39,398.40 126,605.00
Change (%) -55.84% -38.93% -20.61% - +5,677.33% +150,275.57% +483,125.19%
Change -14.63 -10.20 -5.40 - +1,487.46 +39,372.20 +126,578.80
Level Minor Minor Intermediate - Minor Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-2.310.775.418.4913.1316.2120.85
Camarilla7.928.639.3310.0410.7511.4612.16
Woodie-1.541.166.188.8813.9016.6021.62
Fibonacci0.773.725.548.4911.4413.2616.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.672.933.083.343.493.753.90
Camarilla3.123.163.193.233.273.313.34
Woodie2.622.903.033.313.443.723.85
Fibonacci2.933.093.183.343.503.593.75


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.112.522.973.383.834.244.69
Camarilla3.173.253.333.413.493.573.65
Woodie2.122.532.983.393.844.254.70
Fibonacci2.522.853.063.383.713.924.24

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): 93.07
MACD (12,26,9): 0.5200
Directional Movement: 75.93
AROON (14): 7.14
DEMA (21): 4.52
Parabolic SAR (0,02-0,02-0,2): 3.02
Elder Ray (13): 18.75
Super Trend (3,10): 15.91
Zig ZAG (10): 33.41
VORTEX (21): 1.1500
Stochastique (14,3,5): 61.83
TEMA (21): 10.21
Williams %R (14): -36.52
Chande Momentum Oscillator (20): 22.16
Repulse (5,40,3): 61.3200
ROCnROLL: 1
TRIX (15,9): 1.9600
Courbe Coppock: 287.31
MA7: 7.27
MA20: 3.76
MA50: 3.39
MA100: 3.36
MAexp7: 9.85
MAexp20: 4.00
MAexp50: 3.59
MAexp100: 3.41
Price / MA7: +260.39%
Price / MA20: +596.81%
Price / MA50: +672.86%
Price / MA100: +679.76%
Price / MAexp7: +165.99%
Price / MAexp20: +555.00%
Price / MAexp50: +629.81%
Price / MAexp100: +668.33%

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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