Londinia Opportunities Analyses - 01/21/2022 (GMT) FASTLY INC. CLASS A - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 29.45 USD
My targets
26.96 USD (-4.67%)
25.00 USD (-11.60%)
My analysis
The bearish trend is currently very strong for FASTLY INC. CLASS A. As long as the price remains below the resistance at 29.45 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 26.96 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 25.00 USD as an objective. Crossing it would then enable sellers to target 11.13 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.6
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The FASTLY INC. CLASS A rating is 28.28 USD. On the day, this instrument lost -4.85% with the lowest point at 28.26 USD and the highest point at 29.99 USD. The deviation from the price is +0.07% for the low point and -5.70% for the high point.28.26
29.99
28.28
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:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FASTLY INC. CLASS A indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 11.13 | 25.00 | 28.28 | 29.45 | 30.70 | 35.33 |
| Change (%) | -60.64% | -11.60% | - | +4.14% | +8.56% | +24.93% |
| Change | -17.15 | -3.28 | - | +1.17 | +2.42 | +7.05 |
| Level | Minor | Intermediate | - | Intermediate | Minor | 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 | 26.97 | 28.31 | 29.02 | 30.36 | 31.07 | 32.41 | 33.12 |
| Camarilla | 29.16 | 29.34 | 29.53 | 29.72 | 29.91 | 30.10 | 30.28 |
| Woodie | 26.65 | 28.15 | 28.70 | 30.20 | 30.75 | 32.25 | 32.80 |
| Fibonacci | 28.31 | 29.10 | 29.58 | 30.36 | 31.15 | 31.63 | 32.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.84 | 26.96 | 29.09 | 32.21 | 34.34 | 37.46 | 39.59 |
| Camarilla | 29.78 | 30.26 | 30.74 | 31.22 | 31.70 | 32.18 | 32.66 |
| Woodie | 23.35 | 26.71 | 28.60 | 31.96 | 33.85 | 37.21 | 39.10 |
| Fibonacci | 26.96 | 28.97 | 30.21 | 32.21 | 34.22 | 35.46 | 37.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.78 | 27.16 | 31.31 | 37.69 | 41.84 | 48.22 | 52.37 |
| Camarilla | 32.55 | 33.52 | 34.49 | 35.45 | 36.42 | 37.38 | 38.35 |
| Woodie | 19.66 | 26.60 | 30.19 | 37.13 | 40.72 | 47.66 | 51.25 |
| Fibonacci | 27.16 | 31.19 | 33.67 | 37.69 | 41.72 | 44.20 | 48.22 |
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): | 31.32 | |
| MACD (12,26,9): | -0.6200 | |
| Directional Movement: | -20.45 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 29.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.71 | |
| Elder Ray (13): | -1.07 | |
| Super Trend (3,10): | 30.62 | |
| Zig ZAG (10): | 28.38 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 6.38 | |
| TEMA (21): | 28.92 | |
| Williams %R (14): | -98.21 | |
| Chande Momentum Oscillator (20): | -3.17 | |
| Repulse (5,40,3): | -3.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 8.18 |
| MA7: | 30.49 | |
| MA20: | 33.50 | |
| MA50: | 38.54 | |
| MA100: | 41.91 | |
| MAexp7: | 29.08 | |
| MAexp20: | 29.86 | |
| MAexp50: | 30.92 | |
| MAexp100: | 32.40 | |
| Price / MA7: | -7.25% | |
| Price / MA20: | -15.58% | |
| Price / MA50: | -26.62% | |
| Price / MA100: | -32.52% | |
| Price / MAexp7: | -2.75% | |
| Price / MAexp20: | -5.29% | |
| Price / MAexp50: | -8.54% | |
| Price / MAexp100: | -12.72% |
Quotes :
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15 min delayed data
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Actions NYSE