Londinia Opportunities Analyses - 01/30/2023 (GMT) VIRGIN GALACTIC HLD. - 1H

VIRGIN GALACTIC HLD.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: SPCE
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 5.50 USD
My targets
6.03 USD (+5.79%)
6.35 USD (+11.40%)
My analysis
The bullish trend is currently very strong on VIRGIN GALACTIC HLD.. As long as the price remains above the support at 5.50 USD, you could try to benefit from the boom. The first bullish objective is located at 6.03 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.35 USD as an objective. Crossing it would then enable buyers to target 6.66 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The VIRGIN GALACTIC HLD. price is 5.70 USD. On the day, this instrument lost -0.18% and was between 5.47 USD and 5.70 USD. This implies that the price is at +4.20% from its lowest and at 0% from its highest.

5.47
5.70
5.70

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VIRGIN GALACTIC HLD.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of VIRGIN GALACTIC HLD. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.72 5.09 5.50 5.70 6.66 8.25 9.19
Change (%) -17.19% -10.70% -3.51% - +16.84% +44.74% +61.23%
Change -0.98 -0.61 -0.20 - +0.96 +2.55 +3.49
Level Intermediate Minor Intermediate - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.835.085.395.645.956.206.51
Camarilla5.565.615.665.715.765.815.86
Woodie4.875.105.435.665.996.226.55
Fibonacci5.085.295.425.645.855.986.20


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.454.775.245.566.036.356.82
Camarilla5.495.575.645.715.785.865.93
Woodie4.534.815.325.606.116.396.90
Fibonacci4.775.075.265.565.866.056.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.551.892.694.034.836.176.97
Camarilla2.893.093.283.483.683.874.07
Woodie0.271.762.413.904.556.046.69
Fibonacci1.892.713.224.034.855.366.17

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): 62.62
MACD (12,26,9): 0.1100
Directional Movement: 12.45
AROON (14): 71.43
DEMA (21): 5.61
Parabolic SAR (0,02-0,02-0,2): 5.35
Elder Ray (13): 0.06
Super Trend (3,10): 5.35
Zig ZAG (10): 5.66
VORTEX (21): 1.1800
Stochastique (14,3,5): 65.49
TEMA (21): 5.68
Williams %R (14): -42.42
Chande Momentum Oscillator (20): 0.33
Repulse (5,40,3): 1.4900
ROCnROLL: 1
TRIX (15,9): 0.2300
Courbe Coppock: 13.00
MA7: 5.42
MA20: 4.66
MA50: 4.59
MA100: 4.80
MAexp7: 5.63
MAexp20: 5.47
MAexp50: 5.29
MAexp100: 4.99
Price / MA7: +5.17%
Price / MA20: +22.32%
Price / MA50: +24.18%
Price / MA100: +18.75%
Price / MAexp7: +1.24%
Price / MAexp20: +4.20%
Price / MAexp50: +7.75%
Price / MAexp100: +14.23%

Quotes : - 15 min delayed data - Actions NYSE