REMARK HOLDINGS INC. - 15 min. - Technical analysis published on 10/23/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
REMARK HOLDINGS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 1.48 USD
My targets
1.73 USD (+12.47%)
1.99 USD (+29.22%)
My analysis
The bullish trend is currently very strong on REMARK HOLDINGS INC.. As long as the price remains above the support at 1.48 USD, you could try to benefit from the boom. The first bullish objective is located at 1.73 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.99 USD as an objective. Crossing it would then enable buyers to target 2.23 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.3
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This analysis was given by 3ba0550.
Additional analysis
Quotes
The REMARK HOLDINGS INC. price is 1.54 USD. On the day, this instrument gained +36.28% with the lowest point at 1.08 USD and the highest point at 1.57 USD. The deviation from the price is +42.59% for the low point and -1.91% for the high point.1.08
1.57
1.54
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of REMARK HOLDINGS INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Long white line
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.24 | 1.32 | 1.38 | 1.54 | 1.99 | 2.23 | 3.40 |
Change (%) | -19.48% | -14.29% | -10.39% | - | +29.22% | +44.81% | +120.78% |
Change | -0.30 | -0.22 | -0.16 | - | +0.45 | +0.69 | +1.86 |
Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 | 0.97 | 1.04 | 1.08 | 1.15 | 1.19 | 1.26 | 1.30 |
Camarilla | 1.10 | 1.11 | 1.12 | 1.13 | 1.14 | 1.15 | 1.16 |
Woodie | 0.97 | 1.03 | 1.08 | 1.14 | 1.19 | 1.25 | 1.30 |
Fibonacci | 1.04 | 1.08 | 1.11 | 1.15 | 1.19 | 1.22 | 1.26 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.03 | 1.10 | 1.18 | 1.25 | 1.33 | 1.40 | 1.48 |
Camarilla | 1.22 | 1.23 | 1.25 | 1.26 | 1.27 | 1.29 | 1.30 |
Woodie | 1.04 | 1.10 | 1.19 | 1.25 | 1.34 | 1.40 | 1.49 |
Fibonacci | 1.10 | 1.16 | 1.19 | 1.25 | 1.31 | 1.34 | 1.40 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.60 | 0.78 | 0.97 | 1.16 | 1.35 | 1.54 | 1.73 |
Camarilla | 1.07 | 1.10 | 1.14 | 1.17 | 1.21 | 1.24 | 1.27 |
Woodie | 0.60 | 0.78 | 0.98 | 1.16 | 1.36 | 1.54 | 1.74 |
Fibonacci | 0.78 | 0.92 | 1.01 | 1.16 | 1.30 | 1.39 | 1.54 |
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): | 91.35 | |
MACD (12,26,9): | 0.0500 | |
Directional Movement: | 46.34 | |
AROON (14): | 14.29 | |
DEMA (21): | 1.22 | |
Parabolic SAR (0,02-0,02-0,2): | 1.08 | |
Elder Ray (13): | 0.22 | |
Super Trend (3,10): | 1.23 | |
Zig ZAG (10): | 1.44 | |
VORTEX (21): | 1.3200 | |
Stochastique (14,3,5): | 91.87 | |
TEMA (21): | 1.37 | |
Williams %R (14): | -8.04 | |
Chande Momentum Oscillator (20): | 0.46 | |
Repulse (5,40,3): | -0.0800 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1300 | |
Courbe Coppock: | 3.96 |
MA7: | 1.18 | |
MA20: | 1.20 | |
MA50: | 1.16 | |
MA100: | 1.55 | |
MAexp7: | 1.09 | |
MAexp20: | 1.17 | |
MAexp50: | 1.15 | |
MAexp100: | 1.15 | |
Price / MA7: | +30.51% | |
Price / MA20: | +28.33% | |
Price / MA50: | +32.76% | |
Price / MA100: | -0.65% | |
Price / MAexp7: | +41.28% | |
Price / MAexp20: | +31.62% | |
Price / MAexp50: | +33.91% | |
Price / MAexp100: | +33.91% |
Quotes :
2020-10-23 19:34:20
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15 min delayed data
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NASDAQ Stocks
News
The last news published on REMARK HOLDINGS INC. at the time of the generation of this analysis was as follows:
- Remark's KanKan Continues Transformation of CP Lotus's Traditional Supermarkets Into Smart Stores with Xishan Market Opening
- Remark's KanKan AI Wins $575,000 Contract to Transform Bank of Luzhou's Flagship Branch into a Smart Bank Branch
- Remark Holdings Reports Third Quarter 2019 Results
- Remark Holdings Sets Third Quarter 2019 Earnings Call for November 12, 2019 at 4:30 p.m. ET
- Remark Holdings' KanKan AI Partners with Tongyue Technologies In 30 Kindergartens
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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