Londinia Opportunities Analyses - 04/26/2024 (GMT) INDEPENDENT BANK - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 51.77 USD
My targets
54.35 USD (+2.74%)
56.92 USD (+7.60%)
My analysis
The bullish trend is currently very strong on INDEPENDENT BANK. As long as the price remains above the support at 51.77 USD, you could try to benefit from the boom. The first bullish objective is located at 54.35 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 56.92 USD as an objective. Crossing it would then enable buyers to target 59.30 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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Additional analysis
Quotes
The INDEPENDENT BANK price is 52.90 USD. The price has increased by +1.05% since the last closing and was traded between 52.15 USD and 53.08 USD over the period. The price is currently at +1.44% from its lowest and -0.34% from its highest.52.15
53.08
52.90
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of INDEPENDENT BANK indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 51.13 | 51.77 | 52.66 | 52.90 | 53.15 | 54.35 | 56.92 |
Change (%) | -3.35% | -2.14% | -0.45% | - | +0.47% | +2.74% | +7.60% |
Change | -1.77 | -1.13 | -0.24 | - | +0.25 | +1.45 | +4.02 |
Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 49.81 | 50.40 | 51.37 | 51.96 | 52.93 | 53.52 | 54.49 |
Camarilla | 51.92 | 52.06 | 52.21 | 52.35 | 52.49 | 52.64 | 52.78 |
Woodie | 50.01 | 50.50 | 51.57 | 52.06 | 53.13 | 53.62 | 54.69 |
Fibonacci | 50.40 | 50.99 | 51.36 | 51.96 | 52.55 | 52.92 | 53.52 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 45.50 | 46.59 | 48.58 | 49.67 | 51.66 | 52.75 | 54.74 |
Camarilla | 49.71 | 50.00 | 50.28 | 50.56 | 50.84 | 51.13 | 51.41 |
Woodie | 45.94 | 46.82 | 49.02 | 49.90 | 52.10 | 52.98 | 55.18 |
Fibonacci | 46.59 | 47.77 | 48.50 | 49.67 | 50.85 | 51.58 | 52.75 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 44.43 | 46.20 | 49.11 | 50.88 | 53.79 | 55.56 | 58.47 |
Camarilla | 50.73 | 51.16 | 51.59 | 52.02 | 52.45 | 52.88 | 53.31 |
Woodie | 45.00 | 46.49 | 49.68 | 51.17 | 54.36 | 55.85 | 59.04 |
Fibonacci | 46.20 | 47.99 | 49.09 | 50.88 | 52.67 | 53.77 | 55.56 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 63.06 | |
MACD (12,26,9): | 0.4600 | |
Directional Movement: | 11.48 | |
AROON (14): | -21.42 | |
DEMA (21): | 52.81 | |
Parabolic SAR (0,02-0,02-0,2): | 51.26 | |
Elder Ray (13): | 0.27 | |
Super Trend (3,10): | 51.15 | |
Zig ZAG (10): | 52.81 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 83.30 | |
TEMA (21): | 52.77 | |
Williams %R (14): | -17.05 | |
Chande Momentum Oscillator (20): | -0.14 | |
Repulse (5,40,3): | 0.5800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1300 | |
Courbe Coppock: | 2.22 |
MA7: | 51.58 | |
MA20: | 49.99 | |
MA50: | 50.56 | |
MA100: | 55.33 | |
MAexp7: | 52.67 | |
MAexp20: | 52.18 | |
MAexp50: | 51.26 | |
MAexp100: | 50.54 | |
Price / MA7: | +2.56% | |
Price / MA20: | +5.82% | |
Price / MA50: | +4.63% | |
Price / MA100: | -4.39% | |
Price / MAexp7: | +0.44% | |
Price / MAexp20: | +1.38% | |
Price / MAexp50: | +3.20% | |
Price / MAexp100: | +4.67% |
Quotes :
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