STELLAR - XLM/USD - Daily - Technical analysis published on 09/19/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.086522 USD
My targets
0.075356 USD (-3.46%)
0.062928 USD (-19.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STELLAR - XLM/USD as long as the price remains well below 0.086522 USD. The sellers” bearish objective is set at 0.075356 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.062928 USD. In case of crossing, the next objective would be the support located at 0.052362 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STELLAR - XLM/USD price is 0.078054 USD. The price registered an increase of +0.09% on the session and was traded between 0.077442 USD and 0.078218 USD over the period. The price is currently at +0.79% from its lowest and -0.21% from its highest.0.077442
0.078218
0.078054
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:
Technical
Technical analysis of this Daily chart of STELLAR - XLM/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.052362 | 0.062928 | 0.075356 | 0.078054 | 0.086522 | 0.099683 | 0.115279 |
| Change (%) | -32.92% | -19.38% | -3.46% | - | +10.85% | +27.71% | +47.69% |
| Change | -0.025692 | -0.015126 | -0.002698 | - | +0.008468 | +0.021629 | +0.037225 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.072618 | 0.074893 | 0.076437 | 0.078712 | 0.080256 | 0.082531 | 0.084075 |
| Camarilla | 0.076932 | 0.077282 | 0.077632 | 0.077982 | 0.078332 | 0.078682 | 0.079032 |
| Woodie | 0.072254 | 0.074710 | 0.076073 | 0.078529 | 0.079892 | 0.082348 | 0.083711 |
| Fibonacci | 0.074893 | 0.076352 | 0.077253 | 0.078712 | 0.080171 | 0.081072 | 0.082531 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.062224 | 0.066912 | 0.075348 | 0.080036 | 0.088472 | 0.093160 | 0.101596 |
| Camarilla | 0.080175 | 0.081378 | 0.082581 | 0.083784 | 0.084987 | 0.086190 | 0.087393 |
| Woodie | 0.064098 | 0.067849 | 0.077222 | 0.080973 | 0.090346 | 0.094097 | 0.103470 |
| Fibonacci | 0.066912 | 0.071925 | 0.075023 | 0.080036 | 0.085049 | 0.088147 | 0.093160 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.055752 | 0.072891 | 0.084903 | 0.102042 | 0.114054 | 0.131193 | 0.143205 |
| Camarilla | 0.088898 | 0.091570 | 0.094242 | 0.096914 | 0.099586 | 0.102258 | 0.104931 |
| Woodie | 0.053188 | 0.071609 | 0.082339 | 0.100760 | 0.111490 | 0.129911 | 0.140641 |
| Fibonacci | 0.072891 | 0.084027 | 0.090907 | 0.102042 | 0.113178 | 0.120058 | 0.131193 |
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): | 38.25 | |
| MACD (12,26,9): | -0.0044 | |
| Directional Movement: | -13.640476 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.076636 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.075050 | |
| Elder Ray (13): | -0.002667 | |
| Super Trend (3,10): | 0.092937 | |
| Zig ZAG (10): | 0.078054 | |
| VORTEX (21): | 0.8306 | |
| Stochastique (14,3,5): | 55.62 | |
| TEMA (21): | 0.075335 | |
| Williams %R (14): | -53.10 | |
| Chande Momentum Oscillator (20): | 0.000267 | |
| Repulse (5,40,3): | -3.1778 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8413 | |
| Courbe Coppock: | 10.26 |
| MA7: | 0.079128 | |
| MA20: | 0.081562 | |
| MA50: | 0.094776 | |
| MA100: | 0.088339 | |
| MAexp7: | 0.079079 | |
| MAexp20: | 0.082782 | |
| MAexp50: | 0.088294 | |
| MAexp100: | 0.086414 | |
| Price / MA7: | -1.36% | |
| Price / MA20: | -4.30% | |
| Price / MA50: | -17.64% | |
| Price / MA100: | -11.64% | |
| Price / MAexp7: | -1.30% | |
| Price / MAexp20: | -5.71% | |
| Price / MAexp50: | -11.60% | |
| Price / MAexp100: | -9.67% |
Quotes :
2020-09-19 07:03:40
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Real time 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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