REMARK HOLDINGS INC.
REMARK HOLDINGS INC.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MARK
ISIN:

REMARK HOLDINGS INC. - 15 min. - Technical analysis published on 10/23/2020 (GMT)

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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

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 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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

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:

Central Indicators

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

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:

Central Patterns

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:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard0.971.041.081.151.191.261.30
Camarilla1.101.111.121.131.141.151.16
Woodie0.971.031.081.141.191.251.30
Fibonacci1.041.081.111.151.191.221.26


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.031.101.181.251.331.401.48
Camarilla1.221.231.251.261.271.291.30
Woodie1.041.101.191.251.341.401.49
Fibonacci1.101.161.191.251.311.341.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.600.780.971.161.351.541.73
Camarilla1.071.101.141.171.211.241.27
Woodie0.600.780.981.161.361.541.74
Fibonacci0.780.921.011.161.301.391.54

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 - 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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