SMX (SECURITY MATTERS) PUBLIC - 1H - Technical analysis published on 04/10/2023 (GMT)
- 180
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
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:
Bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 0.936 USD and 1.033 USD
My targets
-
My analysis
The strong short-term increase on SMX (SECURITY MATTERS) PUBLIC is in contrast to the bearish trend. Buyers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a rebound. Has an economic announcement impacting the basics been published? As long as the price remains above 0.936 USD, you could take advantage of the short-term boom. The first bullish objective would be 1.033 USD. Then the price could move towards 1.136 USD. Then 4.760 USD by extension. Attention should be paid to the reaction of the price on these resistances to see if the sellers show up. Be careful, a return below 0.936 USD could be a sign of a reversal of the bearish trend.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
SMX (SECURITY MATTERS) PUBLIC rating 1.020 USD. On the day, this instrument gained +21.43% and was between 0.800 USD and 1.148 USD. This implies that the price is at +27.50% from its lowest and at -11.15% from its highest.0.800
1.148
1.020
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this SMX (SECURITY MATTERS) PUBLIC chart shows a bearish trend. The signals given by the moving averages are at 64.29% bearish. This bearish trend could quickly slow down given the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.791 | 1.020 | 4.760 | 8.030 | 15.000 |
| Change (%) | -22.45% | - | +366.67% | +687.25% | +1,370.59% |
| Change | -0.229 | - | +3.740 | +7.010 | +13.980 |
| Level | Intermediate | - | Minor | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.644 | 0.687 | 0.763 | 0.806 | 0.882 | 0.925 | 1.001 |
| Camarilla | 0.806 | 0.817 | 0.828 | 0.839 | 0.850 | 0.861 | 0.872 |
| Woodie | 0.661 | 0.695 | 0.780 | 0.814 | 0.899 | 0.933 | 1.018 |
| Fibonacci | 0.687 | 0.733 | 0.761 | 0.806 | 0.852 | 0.880 | 0.925 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.536 | 0.633 | 0.736 | 0.833 | 0.936 | 1.033 | 1.136 |
| Camarilla | 0.784 | 0.802 | 0.821 | 0.839 | 0.857 | 0.876 | 0.894 |
| Woodie | 0.539 | 0.635 | 0.739 | 0.835 | 0.939 | 1.035 | 1.139 |
| Fibonacci | 0.633 | 0.709 | 0.757 | 0.833 | 0.909 | 0.957 | 1.033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -23.040 | -11.064 | -5.062 | 6.914 | 12.916 | 24.892 | 30.894 |
| Camarilla | -4.004 | -2.356 | -0.708 | 0.940 | 2.588 | 4.236 | 5.884 |
| Woodie | -26.027 | -12.558 | -8.049 | 5.421 | 9.929 | 23.399 | 27.907 |
| Fibonacci | -11.064 | -4.196 | 0.046 | 6.914 | 13.782 | 18.024 | 24.892 |
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): | 55.75 | |
| MACD (12,26,9): | -0.0160 | |
| Directional Movement: | 8.399 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 0.797 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.754 | |
| Elder Ray (13): | 0.046 | |
| Super Trend (3,10): | 0.890 | |
| Zig ZAG (10): | 0.880 | |
| VORTEX (21): | 1.0350 | |
| Stochastique (14,3,5): | 83.33 | |
| TEMA (21): | 0.831 | |
| Williams %R (14): | -6.25 | |
| Chande Momentum Oscillator (20): | 0.060 | |
| Repulse (5,40,3): | 6.5420 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4650 | |
| Courbe Coppock: | 7.09 |
| MA7: | 0.863 | |
| MA20: | 1.397 | |
| MA50: | 5.374 | |
| MA100: | 7.764 | |
| MAexp7: | 0.828 | |
| MAexp20: | 0.814 | |
| MAexp50: | 0.918 | |
| MAexp100: | 1.431 | |
| Price / MA7: | +18.19% | |
| Price / MA20: | -26.99% | |
| Price / MA50: | -81.02% | |
| Price / MA100: | -86.86% | |
| Price / MAexp7: | +23.19% | |
| Price / MAexp20: | +25.31% | |
| Price / MAexp50: | +11.11% | |
| Price / MAexp100: | -28.72% |
Quotes :
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15 min delayed data
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This member declared not having a position on this financial instrument or a related financial instrument.
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