GNOSIS - GNO/USD - Daily - Technical analysis published on 06/25/2019 (GMT)
- Who voted?
- 225
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 22.22 USD
My targets
25.92 USD (+11.77%)
54.55 USD (+135.23%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on Gnosis - GNO/USD as long as the price remains well above 22.22 USD. The buyers” bullish objective is set at 25.92 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 54.55 USD. If there is any crossing, the next objective would be the resistance located at 121.34 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Gnosis - GNO/USD price is 23.19 USD. The price has increased by +1.09% since the last closing with the lowest point at 22.68 USD and the highest point at 23.29 USD. The deviation from the price is +2.25% for the low point and -0.43% for the high point.22.68
23.29
23.19
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of Gnosis - GNO/USD in Daily 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 scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
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 | 14.20 | 19.66 | 22.22 | 23.19 | 25.92 | 54.55 | 121.34 |
| Change (%) | -38.77% | -15.22% | -4.18% | - | +11.77% | +135.23% | +423.24% |
| Change | -8.99 | -3.53 | -0.97 | - | +2.73 | +31.36 | +98.15 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Minor |
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 | 21.48 | 22.18 | 22.56 | 23.26 | 23.64 | 24.34 | 24.72 |
| Camarilla | 22.64 | 22.74 | 22.84 | 22.94 | 23.04 | 23.14 | 23.24 |
| Woodie | 21.32 | 22.10 | 22.40 | 23.18 | 23.48 | 24.26 | 24.56 |
| Fibonacci | 22.18 | 22.59 | 22.85 | 23.26 | 23.67 | 23.93 | 24.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.15 | 21.13 | 22.18 | 23.16 | 24.21 | 25.19 | 26.24 |
| Camarilla | 22.66 | 22.85 | 23.03 | 23.22 | 23.41 | 23.59 | 23.78 |
| Woodie | 20.17 | 21.15 | 22.20 | 23.18 | 24.24 | 25.21 | 26.26 |
| Fibonacci | 21.13 | 21.91 | 22.39 | 23.16 | 23.94 | 24.42 | 25.19 |
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): | 53.66 | |
| MACD (12,26,9): | 0.3500 | |
| Directional Movement: | 15.42 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 23.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.75 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 18.50 | |
| Zig ZAG (10): | 23.19 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 27.53 | |
| TEMA (21): | 23.06 | |
| Williams %R (14): | -76.43 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -0.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2700 | |
| Courbe Coppock: | 0.69 |
| MA7: | 23.08 | |
| MA20: | 22.98 | |
| MA50: | 21.78 | |
| MA100: | 18.80 | |
| MAexp7: | 23.15 | |
| MAexp20: | 22.94 | |
| MAexp50: | 21.59 | |
| MAexp100: | 19.48 | |
| Price / MA7: | +0.48% | |
| Price / MA20: | +0.91% | |
| Price / MA50: | +6.47% | |
| Price / MA100: | +23.35% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +1.09% | |
| Price / MAexp50: | +7.41% | |
| Price / MAexp100: | +19.05% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis GNOSIS - GNO/USD - Daily