Londinia Opportunities Analyses - 05/03/2024 (GMT) ENFUSION 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 bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 9.47 USD
My targets
9.68 USD (+1.47%)
9.76 USD (+2.31%)
My analysis
ENFUSION INC. CLASS A 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 9.47 USD. The next resistance located at 9.68 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 9.76 USD. After this resistance, buyers could then target 10.22 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.
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
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Additional analysis
Quotes
ENFUSION INC. CLASS A rating 9.54 USD. The price has increased by +0.21% since the last closing and was between 9.47 USD and 9.67 USD. This implies that the price is at +0.74% from its lowest and at -1.34% from its highest.9.47
9.67
9.54
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ENFUSION INC. CLASS A in 1H shows a strongly overall bullish trend. 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. An assessment of moving averages reveals several bearish and bullish signals:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.11 | 9.31 | 9.47 | 9.54 | 9.58 | 9.68 | 9.76 |
| Change (%) | -4.51% | -2.41% | -0.73% | - | +0.42% | +1.47% | +2.31% |
| Change | -0.43 | -0.23 | -0.07 | - | +0.04 | +0.14 | +0.22 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Intermediate |
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 | 9.36 | 9.42 | 9.47 | 9.53 | 9.58 | 9.64 | 9.69 |
| Camarilla | 9.49 | 9.50 | 9.51 | 9.52 | 9.53 | 9.54 | 9.55 |
| Woodie | 9.36 | 9.42 | 9.47 | 9.53 | 9.58 | 9.64 | 9.69 |
| Fibonacci | 9.42 | 9.46 | 9.49 | 9.53 | 9.57 | 9.60 | 9.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.76 | 8.94 | 9.18 | 9.36 | 9.60 | 9.78 | 10.02 |
| Camarilla | 9.31 | 9.34 | 9.38 | 9.42 | 9.46 | 9.50 | 9.54 |
| Woodie | 8.79 | 8.96 | 9.21 | 9.38 | 9.63 | 9.80 | 10.05 |
| Fibonacci | 8.94 | 9.10 | 9.20 | 9.36 | 9.52 | 9.62 | 9.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.21 | 8.61 | 8.96 | 9.36 | 9.71 | 10.11 | 10.46 |
| Camarilla | 9.10 | 9.17 | 9.24 | 9.31 | 9.38 | 9.45 | 9.52 |
| Woodie | 8.19 | 8.60 | 8.94 | 9.35 | 9.69 | 10.10 | 10.44 |
| Fibonacci | 8.61 | 8.90 | 9.07 | 9.36 | 9.65 | 9.82 | 10.11 |
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): | 56.01 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 18.47 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 9.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.41 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 9.33 | |
| Zig ZAG (10): | 9.53 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 57.88 | |
| TEMA (21): | 9.54 | |
| Williams %R (14): | -51.67 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 3.18 |
| MA7: | 9.43 | |
| MA20: | 9.40 | |
| MA50: | 9.18 | |
| MA100: | 9.09 | |
| MAexp7: | 9.53 | |
| MAexp20: | 9.49 | |
| MAexp50: | 9.43 | |
| MAexp100: | 9.39 | |
| Price / MA7: | +1.17% | |
| Price / MA20: | +1.49% | |
| Price / MA50: | +3.92% | |
| Price / MA100: | +4.95% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +1.17% | |
| Price / MAexp100: | +1.60% |
Quotes :
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15 min delayed data
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