SIRIUS XM HOLDINGS INC. - 1H - Technical analysis published on 03/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 4.43 USD
My targets
3.99 USD (-4.09%)
3.57 USD (-14.25%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SIRIUS XM HOLDINGS INC. as long as the price remains well below 4.43 USD. The sellers' bearish objective is set at 3.99 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.57 USD. In case of crossing, the next objective would be the support located at 3.37 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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Additional analysis
Quotes
The SIRIUS XM HOLDINGS INC. rating is 4.16 USD. On the day, this instrument lost -0.24% and was traded between 4.15 USD and 4.21 USD over the period. The price is currently at +0.24% from its lowest and -1.19% from its highest.4.15
4.21
4.16
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of SIRIUS XM HOLDINGS INC. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.67 | 3.37 | 3.99 | 4.16 | 4.53 | 4.74 | 4.98 |
| Change (%) | -35.82% | -18.99% | -4.09% | - | +8.89% | +13.94% | +19.71% |
| Change | -1.49 | -0.79 | -0.17 | - | +0.37 | +0.58 | +0.82 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.97 | 4.06 | 4.11 | 4.20 | 4.25 | 4.34 | 4.39 |
| Camarilla | 4.13 | 4.14 | 4.16 | 4.17 | 4.18 | 4.20 | 4.21 |
| Woodie | 3.96 | 4.05 | 4.10 | 4.19 | 4.24 | 4.33 | 4.38 |
| Fibonacci | 4.06 | 4.11 | 4.14 | 4.20 | 4.25 | 4.28 | 4.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.57 | 3.91 | 4.09 | 4.43 | 4.61 | 4.95 | 5.13 |
| Camarilla | 4.12 | 4.17 | 4.21 | 4.26 | 4.31 | 4.36 | 4.40 |
| Woodie | 3.48 | 3.87 | 4.00 | 4.39 | 4.52 | 4.91 | 5.04 |
| Fibonacci | 3.91 | 4.11 | 4.24 | 4.43 | 4.63 | 4.76 | 4.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.02 | 3.66 | 4.04 | 4.68 | 5.06 | 5.70 | 6.08 |
| Camarilla | 4.14 | 4.23 | 4.33 | 4.42 | 4.51 | 4.61 | 4.70 |
| Woodie | 2.89 | 3.60 | 3.91 | 4.62 | 4.93 | 5.64 | 5.95 |
| Fibonacci | 3.66 | 4.05 | 4.29 | 4.68 | 5.07 | 5.31 | 5.70 |
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): | 29.67 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -23.35 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 4.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.26 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 4.31 | |
| Zig ZAG (10): | 4.17 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 17.86 | |
| TEMA (21): | 4.13 | |
| Williams %R (14): | -85.29 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3000 | |
| Courbe Coppock: | 6.16 |
| MA7: | 4.41 | |
| MA20: | 4.70 | |
| MA50: | 5.08 | |
| MA100: | 4.91 | |
| MAexp7: | 4.18 | |
| MAexp20: | 4.24 | |
| MAexp50: | 4.40 | |
| MAexp100: | 4.57 | |
| Price / MA7: | -5.67% | |
| Price / MA20: | -11.49% | |
| Price / MA50: | -18.11% | |
| Price / MA100: | -15.27% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -1.89% | |
| Price / MAexp50: | -5.45% | |
| Price / MAexp100: | -8.97% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on SIRIUS XM HOLDINGS INC.. At the time of publication of this analysis, the latest news was as follows:
- SiriusXM Reports First Quarter 2023 Operating and Financial Results
- SiriusXM Declares Quarterly Cash Dividend
- COMMUNICATIONS & POWER INDUSTRIES RECEIVES A MULTI-YEAR ORDER FROM SiriusXM FOR REPEATER HARDWARE
- Thomas D. Barry Appointed Chief Financial Officer of SiriusXM
- SiriusXM Reports Fourth Quarter and Full-Year 2022 Financial and Operating Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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