ALIBABA GROUP HOLDING - 1H - Technical analysis published on 09/13/2021 (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 bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 170.17 USD
My targets
158.26 USD (-4.40%)
149.26 USD (-9.83%)
My analysis
ALIBABA GROUP HOLDING is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 170.17 USD. The next support located at 158.26 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 149.26 USD. Below this support, sellers could then target 131.16 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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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 ALIBABA GROUP HOLDING price is 165.54 USD. On the day, this instrument lost -1.52% with the lowest point at 163.02 USD and the highest point at 166.59 USD. The deviation from the price is +1.55% for the low point and -0.63% for the high point.163.02
166.59
165.54
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ALIBABA GROUP HOLDING chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
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 | 131.16 | 149.26 | 158.26 | 165.54 | 165.64 | 176.82 | 186.07 |
| Change (%) | -20.77% | -9.83% | -4.40% | - | +0.06% | +6.81% | +12.40% |
| Change | -34.38 | -16.28 | -7.28 | - | +0.10 | +11.28 | +20.53 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 162.56 | 165.09 | 166.59 | 169.12 | 170.62 | 173.15 | 174.65 |
| Camarilla | 166.99 | 167.36 | 167.73 | 168.10 | 168.47 | 168.84 | 169.21 |
| Woodie | 162.06 | 164.83 | 166.09 | 168.86 | 170.12 | 172.89 | 174.15 |
| Fibonacci | 165.09 | 166.63 | 167.58 | 169.12 | 170.66 | 171.61 | 173.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 152.25 | 158.91 | 163.51 | 170.17 | 174.77 | 181.43 | 186.03 |
| Camarilla | 165.00 | 166.04 | 167.07 | 168.10 | 169.13 | 170.16 | 171.20 |
| Woodie | 151.21 | 158.40 | 162.47 | 169.66 | 173.73 | 180.92 | 184.99 |
| Fibonacci | 158.91 | 163.22 | 165.87 | 170.17 | 174.48 | 177.13 | 181.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 94.97 | 123.88 | 145.44 | 174.35 | 195.91 | 224.82 | 246.38 |
| Camarilla | 153.11 | 157.74 | 162.36 | 166.99 | 171.62 | 176.24 | 180.87 |
| Woodie | 91.29 | 122.04 | 141.76 | 172.51 | 192.23 | 222.98 | 242.70 |
| Fibonacci | 123.88 | 143.16 | 155.07 | 174.35 | 193.63 | 205.54 | 224.82 |
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): | 36.75 | |
| MACD (12,26,9): | -1.2200 | |
| Directional Movement: | -21.95 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 167.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 171.47 | |
| Elder Ray (13): | -3.40 | |
| Super Trend (3,10): | 169.45 | |
| Zig ZAG (10): | 165.56 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 22.76 | |
| TEMA (21): | 165.80 | |
| Williams %R (14): | -62.42 | |
| Chande Momentum Oscillator (20): | -0.78 | |
| Repulse (5,40,3): | 1.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 1.89 |
| MA7: | 169.86 | |
| MA20: | 168.26 | |
| MA50: | 188.79 | |
| MA100: | 204.04 | |
| MAexp7: | 166.61 | |
| MAexp20: | 168.51 | |
| MAexp50: | 169.45 | |
| MAexp100: | 170.87 | |
| Price / MA7: | -2.54% | |
| Price / MA20: | -1.62% | |
| Price / MA50: | -12.32% | |
| Price / MA100: | -18.87% | |
| Price / MAexp7: | -0.64% | |
| Price / MAexp20: | -1.76% | |
| Price / MAexp50: | -2.31% | |
| Price / MAexp100: | -3.12% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The last news published on ALIBABA GROUP HOLDING at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in ZoomInfo Technologies, General Motors, Uber Technologies, Alibaba, or Moderna?
- Thinking about trading options or stock in Solaredge Technologies, ZoomInfo Technologies, DXC Technology, Pfizer, or Alibaba?
- Alibaba Group Announces June Quarter 2021 Results
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This member declared not having a position on this financial instrument or a related financial instrument.
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