Londinia Opportunities Analyses - 04/26/2024 (GMT) MODERNA INC. - Daily

MODERNA INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: MRNA
ISIN:

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 : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 104.59 USD
My targets
111.80 USD (+3.88%)
116.63 USD (+8.37%)
My analysis
MODERNA INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 104.59 USD. The next resistance located at 111.80 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 116.63 USD. After this resistance, buyers could then target 121.35 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
7.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

MODERNA INC. rating 107.62 USD. On the day, this instrument gained +1.36% and was traded between 105.25 USD and 108.15 USD over the period. The price is currently at +2.25% from its lowest and -0.49% from its highest.

105.25
108.15
107.62

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Journalier chart of MODERNA INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 77.77 85.37 104.59 107.62 111.80 116.63 121.35
Change (%) -27.74% -20.67% -2.82% - +3.88% +8.37% +12.76%
Change -29.85 -22.25 -3.03 - +4.18 +9.01 +13.73
Level Minor Intermediate Major - Major Major 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
Standard99.01101.27103.72105.98108.43110.69113.14
Camarilla104.89105.32105.75106.18106.61107.04107.48
Woodie99.12101.32103.83106.03108.54110.74113.25
Fibonacci101.27103.07104.18105.98107.78108.89110.69


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard92.2196.0698.73102.58105.25109.10111.77
Camarilla99.62100.22100.81101.41102.01102.61103.20
Woodie91.6395.7798.15102.29104.67108.81111.19
Fibonacci96.0698.55100.09102.58105.07106.61109.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard72.2282.1794.36104.31116.50126.45138.64
Camarilla100.47102.50104.53106.56108.59110.62112.65
Woodie73.3582.7395.49104.87117.63127.01139.77
Fibonacci82.1790.6295.85104.31112.76117.99126.45

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): 55.72
MACD (12,26,9): 0.9300
Directional Movement: 5.11
AROON (14): -64.29
DEMA (21): 106.62
Parabolic SAR (0,02-0,02-0,2): 114.60
Elder Ray (13): 0.93
Super Trend (3,10): 96.51
Zig ZAG (10): 107.85
VORTEX (21): 0.9700
Stochastique (14,3,5): 50.19
TEMA (21): 106.24
Williams %R (14): -49.07
Chande Momentum Oscillator (20): 0.61
Repulse (5,40,3): 3.1700
ROCnROLL: 1
TRIX (15,9): 0.1100
Courbe Coppock: 1.58
MA7: 105.51
MA20: 105.07
MA50: 102.23
MA100: 99.03
MAexp7: 106.33
MAexp20: 105.33
MAexp50: 102.98
MAexp100: 100.79
Price / MA7: +2.00%
Price / MA20: +2.43%
Price / MA50: +5.27%
Price / MA100: +8.67%
Price / MAexp7: +1.21%
Price / MAexp20: +2.17%
Price / MAexp50: +4.51%
Price / MAexp100: +6.78%

Quotes : - 15 min delayed data - Actions NASDAQ