Londinia Opportunities Analyses - 09/23/2022 (GMT) FINVOLUTION GROUP ADS - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 4.34 USD
My targets
4.18 USD (-2.34%)
4.02 USD (-6.07%)
My analysis
FINVOLUTION GROUP ADS 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 4.34 USD. The next support located at 4.18 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 4.02 USD. Below this support, sellers could then target 3.48 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
FINVOLUTION GROUP ADS rating 4.28 USD. The price is lower by -4.46% since the last closing and was traded between 4.25 USD and 4.47 USD over the period. The price is currently at +0.71% from its lowest and -4.25% from its highest.4.25
4.47
4.28
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FINVOLUTION GROUP ADS:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FINVOLUTION GROUP ADS chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:
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 : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 3.48 | 4.18 | 4.27 | 4.28 | 4.34 | 4.44 | 4.61 |
| Change (%) | -18.69% | -2.34% | -0.23% | - | +1.40% | +3.74% | +7.71% |
| Change | -0.80 | -0.10 | -0.01 | - | +0.06 | +0.16 | +0.33 |
| Level | Intermediate | Major | Minor | - | Intermediate | Major | 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 | 4.10 | 4.27 | 4.38 | 4.55 | 4.66 | 4.83 | 4.94 |
| Camarilla | 4.40 | 4.43 | 4.45 | 4.48 | 4.51 | 4.53 | 4.56 |
| Woodie | 4.06 | 4.26 | 4.34 | 4.54 | 4.62 | 4.82 | 4.90 |
| Fibonacci | 4.27 | 4.38 | 4.45 | 4.55 | 4.66 | 4.73 | 4.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.02 | 4.20 | 4.34 | 4.52 | 4.66 | 4.84 | 4.98 |
| Camarilla | 4.39 | 4.42 | 4.45 | 4.48 | 4.51 | 4.54 | 4.57 |
| Woodie | 4.00 | 4.19 | 4.32 | 4.51 | 4.64 | 4.83 | 4.96 |
| Fibonacci | 4.20 | 4.32 | 4.40 | 4.52 | 4.64 | 4.72 | 4.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.43 | 3.77 | 4.34 | 4.68 | 5.25 | 5.59 | 6.16 |
| Camarilla | 4.67 | 4.75 | 4.84 | 4.92 | 5.00 | 5.09 | 5.17 |
| Woodie | 3.56 | 3.83 | 4.47 | 4.74 | 5.38 | 5.65 | 6.29 |
| Fibonacci | 3.77 | 4.11 | 4.33 | 4.68 | 5.02 | 5.24 | 5.59 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 34.82 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -10.45 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 4.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.70 | |
| Elder Ray (13): | -0.13 | |
| Super Trend (3,10): | 4.51 | |
| Zig ZAG (10): | 4.26 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 3.07 | |
| TEMA (21): | 4.37 | |
| Williams %R (14): | -97.92 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | -3.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 2.23 |
| MA7: | 4.45 | |
| MA20: | 4.58 | |
| MA50: | 4.53 | |
| MA100: | 4.39 | |
| MAexp7: | 4.36 | |
| MAexp20: | 4.43 | |
| MAexp50: | 4.46 | |
| MAexp100: | 4.50 | |
| Price / MA7: | -3.82% | |
| Price / MA20: | -6.55% | |
| Price / MA50: | -5.52% | |
| Price / MA100: | -2.51% | |
| Price / MAexp7: | -1.83% | |
| Price / MAexp20: | -3.39% | |
| Price / MAexp50: | -4.04% | |
| Price / MAexp100: | -4.89% |
Quotes :
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