NEO - NEO/USD - 1H - Technical analysis published on 07/06/2020 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 10.13 USD
My targets
10.43 USD (+1.36%)
11.04 USD (+7.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEO - NEO/USD as long as the price remains well above 10.13 USD. The buyers” bullish objective is set at 10.43 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.04 USD. If there is any crossing, the next objective would be the resistance located at 12.45 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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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 NEO - NEO/USD rating is 10.29 USD. The price registered an increase of +1.88% on the session and was between 10.08 USD and 10.35 USD. This implies that the price is at +2.08% from its lowest and at -0.58% from its highest.10.08
10.35
10.29
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 NEO - NEO/USD:
Technical
Technical analysis of NEO - NEO/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
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 | 9.75 | 9.90 | 10.13 | 10.29 | 10.32 | 10.43 | 12.45 |
| Change (%) | -5.25% | -3.79% | -1.55% | - | +0.29% | +1.36% | +20.99% |
| Change | -0.54 | -0.39 | -0.16 | - | +0.03 | +0.14 | +2.16 |
| Level | Major | Intermediate | Minor | - | Major | 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 | 9.28 | 9.46 | 9.78 | 9.96 | 10.28 | 10.46 | 10.78 |
| Camarilla | 9.96 | 10.01 | 10.05 | 10.10 | 10.15 | 10.19 | 10.24 |
| Woodie | 9.35 | 9.50 | 9.85 | 10.00 | 10.35 | 10.50 | 10.85 |
| Fibonacci | 9.46 | 9.65 | 9.77 | 9.96 | 10.15 | 10.27 | 10.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.94 | 9.28 | 9.64 | 9.98 | 10.34 | 10.68 | 11.04 |
| Camarilla | 9.81 | 9.87 | 9.94 | 10.00 | 10.06 | 10.13 | 10.19 |
| Woodie | 8.95 | 9.29 | 9.65 | 9.99 | 10.35 | 10.69 | 11.05 |
| Fibonacci | 9.28 | 9.55 | 9.71 | 9.98 | 10.25 | 10.41 | 10.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.86 | 7.12 | 8.62 | 10.88 | 12.38 | 14.64 | 16.14 |
| Camarilla | 9.08 | 9.42 | 9.77 | 10.11 | 10.46 | 10.80 | 11.14 |
| Woodie | 4.47 | 6.93 | 8.23 | 10.69 | 11.99 | 14.45 | 15.75 |
| Fibonacci | 7.12 | 8.56 | 9.45 | 10.88 | 12.32 | 13.21 | 14.64 |
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): | 62.57 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 16.26 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 10.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.12 | |
| Elder Ray (13): | 0.12 | |
| Super Trend (3,10): | 10.02 | |
| Zig ZAG (10): | 10.30 | |
| VORTEX (21): | 1.2300 | |
| Stochastique (14,3,5): | 91.65 | |
| TEMA (21): | 10.32 | |
| Williams %R (14): | -18.52 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 0.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 5.15 |
| MA7: | 10.09 | |
| MA20: | 10.28 | |
| MA50: | 10.66 | |
| MA100: | 9.49 | |
| MAexp7: | 10.26 | |
| MAexp20: | 10.15 | |
| MAexp50: | 10.05 | |
| MAexp100: | 10.03 | |
| Price / MA7: | +1.98% | |
| Price / MA20: | +0.10% | |
| Price / MA50: | -3.47% | |
| Price / MA100: | +8.43% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +1.38% | |
| Price / MAexp50: | +2.39% | |
| Price / MAexp100: | +2.59% |
Quotes :
2020-07-06 15:13:19
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Real time data
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