STELLAR - XLM/USD - 1H - Technical analysis published on 07/19/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.111913 USD
My targets
0.118200 USD (+3.35%)
0.129061 USD (+12.85%)
My analysis
The bullish trend is currently very strong on STELLAR - XLM/USD. As long as the price remains above the support at 0.111913 USD, you could try to benefit from the boom. The first bullish objective is located at 0.118200 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.129061 USD as an objective. Crossing it would then enable buyers to target 0.192630 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
8.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STELLAR - XLM/USD price is 0.114364 USD. The price is lower by -0.03% since the last closing and was between 0.113355 USD and 0.115199 USD. This implies that the price is at +0.89% from its lowest and at -0.72% from its highest.0.113355
0.115199
0.114364
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
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 | 0.106957 | 0.108508 | 0.111913 | 0.114364 | 0.114867 | 0.118200 | 0.192630 |
| Change (%) | -6.48% | -5.12% | -2.14% | - | +0.44% | +3.35% | +68.44% |
| Change | -0.007407 | -0.005856 | -0.002451 | - | +0.000503 | +0.003836 | +0.078266 |
| Level | Intermediate | Major | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.098922 | 0.102665 | 0.108532 | 0.112275 | 0.118142 | 0.121885 | 0.127752 |
| Camarilla | 0.111757 | 0.112638 | 0.113519 | 0.114400 | 0.115281 | 0.116162 | 0.117043 |
| Woodie | 0.099985 | 0.103196 | 0.109595 | 0.112806 | 0.119205 | 0.122416 | 0.128815 |
| Fibonacci | 0.102665 | 0.106336 | 0.108604 | 0.112275 | 0.115946 | 0.118214 | 0.121885 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.087583 | 0.093328 | 0.101409 | 0.107154 | 0.115235 | 0.120980 | 0.129061 |
| Camarilla | 0.105687 | 0.106954 | 0.108222 | 0.109489 | 0.110756 | 0.112024 | 0.113291 |
| Woodie | 0.088750 | 0.093912 | 0.102576 | 0.107738 | 0.116402 | 0.121564 | 0.130228 |
| Fibonacci | 0.093328 | 0.098610 | 0.101873 | 0.107154 | 0.112436 | 0.115699 | 0.120980 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040884 | 0.070521 | 0.091421 | 0.121058 | 0.141958 | 0.171595 | 0.192495 |
| Camarilla | 0.098422 | 0.103055 | 0.107687 | 0.112320 | 0.116953 | 0.121585 | 0.126218 |
| Woodie | 0.036515 | 0.068337 | 0.087052 | 0.118874 | 0.137589 | 0.169411 | 0.188126 |
| Fibonacci | 0.070521 | 0.089827 | 0.101753 | 0.121058 | 0.140364 | 0.152290 | 0.171595 |
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): | 57.59 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 8.951692 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.113578 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.110572 | |
| Elder Ray (13): | 0.000950 | |
| Super Trend (3,10): | 0.110459 | |
| Zig ZAG (10): | 0.113800 | |
| VORTEX (21): | 1.1198 | |
| Stochastique (14,3,5): | 71.22 | |
| TEMA (21): | 0.113736 | |
| Williams %R (14): | -22.98 | |
| Chande Momentum Oscillator (20): | 0.000432 | |
| Repulse (5,40,3): | 1.6625 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1214 | |
| Courbe Coppock: | 0.45 |
| MA7: | 0.109340 | |
| MA20: | 0.109035 | |
| MA50: | 0.118891 | |
| MA100: | 0.140826 | |
| MAexp7: | 0.113525 | |
| MAexp20: | 0.112408 | |
| MAexp50: | 0.110850 | |
| MAexp100: | 0.109380 | |
| Price / MA7: | +4.59% | |
| Price / MA20: | +4.89% | |
| Price / MA50: | -3.81% | |
| Price / MA100: | -18.79% | |
| Price / MAexp7: | +0.74% | |
| Price / MAexp20: | +1.74% | |
| Price / MAexp50: | +3.17% | |
| Price / MAexp100: | +4.56% |
Quotes :
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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.
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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