STELLAR - XLM/USD - Daily - Technical analysis published on 10/19/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.075038 USD
My targets
0.094134 USD (+8.77%)
0.103985 USD (+20.15%)
My analysis
The strong short-term increase of STELLAR - XLM/USD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.075038 USD, a purchase could be considered. The first bullish objective is located at 0.094134 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.103985 USD. If there is any crossing, the next objective would be the resistance at 0.115279 USD. Caution, if there is a return under 0.075038 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.5
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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 0.086543 USD. The price registered an increase of +8.81% on the session and was between 0.079423 USD and 0.087235 USD. This implies that the price is at +8.96% from its lowest and at -0.79% from its highest.0.079423
0.087235
0.086543
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
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 not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.062928 | 0.075038 | 0.085255 | 0.086543 | 0.094134 | 0.103985 | 0.115279 |
| Change (%) | -27.29% | -13.29% | -1.49% | - | +8.77% | +20.15% | +33.20% |
| Change | -0.023615 | -0.011505 | -0.001288 | - | +0.007591 | +0.017442 | +0.028736 |
| Level | Major | Major | Minor | - | Minor | 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 | 0.075712 | 0.077467 | 0.078500 | 0.080255 | 0.081288 | 0.083043 | 0.084076 |
| Camarilla | 0.078767 | 0.079023 | 0.079278 | 0.079534 | 0.079790 | 0.080045 | 0.080301 |
| Woodie | 0.075352 | 0.077287 | 0.078140 | 0.080075 | 0.080928 | 0.082863 | 0.083716 |
| Fibonacci | 0.077467 | 0.078532 | 0.079190 | 0.080255 | 0.081320 | 0.081978 | 0.083043 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.062764 | 0.067282 | 0.074545 | 0.079063 | 0.086326 | 0.090844 | 0.098107 |
| Camarilla | 0.078568 | 0.079648 | 0.080728 | 0.081808 | 0.082888 | 0.083968 | 0.085048 |
| Woodie | 0.064137 | 0.067968 | 0.075918 | 0.079749 | 0.087699 | 0.091530 | 0.099480 |
| Fibonacci | 0.067282 | 0.071782 | 0.074563 | 0.079063 | 0.083563 | 0.086344 | 0.090844 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.025938 | 0.046375 | 0.060227 | 0.080664 | 0.094516 | 0.114953 | 0.128805 |
| Camarilla | 0.064651 | 0.067794 | 0.070937 | 0.074080 | 0.077223 | 0.080366 | 0.083510 |
| Woodie | 0.022647 | 0.044729 | 0.056936 | 0.079018 | 0.091225 | 0.113307 | 0.125514 |
| Fibonacci | 0.046375 | 0.059473 | 0.067565 | 0.080664 | 0.093762 | 0.101854 | 0.114953 |
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): | 66.42 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | 17.868663 | |
| AROON (14): | 78.571428 | |
| DEMA (21): | 0.077816 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.073297 | |
| Elder Ray (13): | 0.005363 | |
| Super Trend (3,10): | 0.070818 | |
| Zig ZAG (10): | 0.085623 | |
| VORTEX (21): | 1.0335 | |
| Stochastique (14,3,5): | 82.19 | |
| TEMA (21): | 0.080934 | |
| Williams %R (14): | -8.56 | |
| Chande Momentum Oscillator (20): | 0.013390 | |
| Repulse (5,40,3): | 10.5758 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0608 | |
| Courbe Coppock: | 17.58 |
| MA7: | 0.078683 | |
| MA20: | 0.075637 | |
| MA50: | 0.077321 | |
| MA100: | 0.089119 | |
| MAexp7: | 0.079948 | |
| MAexp20: | 0.077190 | |
| MAexp50: | 0.079310 | |
| MAexp100: | 0.081351 | |
| Price / MA7: | +9.99% | |
| Price / MA20: | +14.42% | |
| Price / MA50: | +11.93% | |
| Price / MA100: | -2.89% | |
| Price / MAexp7: | +8.25% | |
| Price / MAexp20: | +12.12% | |
| Price / MAexp50: | +9.12% | |
| Price / MAexp100: | +6.38% |
Quotes :
2020-10-19 15:52:01
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Real time data
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