The stock on its upper trajectory faced a price rejection around 1425 levels and it was driven down to below the 50 DMA levels. From there it took support and then started recovering. Recently there was an attempt to take out the price rejection zone but that move did not succeed and it was pushed back to test the price rejection zone. Now it is again attempting...
The PSU bank index has been moving in a slightly inclined upward channel showing positive bias. However, this stock has been moving in a sideways range for almost four months now. Now the stock is testing the top of the sideway range. The MFI indicates money is flowing into the stock. The momentum is also positive and increasing, the relative strength is also...
The stock after facing rejection at 317 levels was pushed down below the 200 DMA level. From the bottom in June 22, the stock has been moving almost sideways for almost two years now. Finally, the stock seems to be making an attempt to move up. It is about to take out the minor price rejection zone. You can see an increased volume and also you can see that the...
The stock saw a huge fall of about 50% from a high of 359. From the bottom, it has been struggling for almost a year to reverse the trend. And of late, you can see the attempt to move up, seeing some success. You can see a break of structure in the daily and now a break of structure in the weekly as well. The relative strength is also positive. The money flow...
After a long sideways move the stock is now attempting go on upward trajectory. Creasing relative strength and Money flow is supporting the up move. Momentum and Buying Pressure are also increasing. Recent increase in delivery volumes indicate good amount of accumulation. Today's ultra high volume is reason for caution. Once we have a positive close above 343 we...
The stock is attempting to cross the previous Rejection zone with Buying Climax like Bar. Relative strength, Money flow is positive and increasing. Delivery Volumes in the last two sessions has ben high. If we have a good quality close above 1108 the stock will move much higher. Need some caution here because of the Very high Volume “BC” bar. The BC Bar supply...
The stock was pushed to sub 200 DMA level after facing Rejection around 840 levels. Now the stock is recovering making Higher lows and Higher Highs. Absolute and Relative Strengths are positive. Money is also flowing into the stock. Delivery volumes have increased. The stock likely to test the 840 levels. A quick short term 20% move possible
The stock has now successfully taken out the Rejection Zone with consecutive Bullish Effort to Move up Bars. Quality Buying seen with increased Delivery volumes. RS and Money Flow has be strong for some time. The stock likely to move higher now . A test of the Rejection Zone is also possible before the up move.
New Top, Old Resistance: Mixed News Question Bullish Supertrend Dear Esteemed Traders, TECHNICAL ANALYTICS Zooming out on the chart, ES hit a level that might be a resistance since January 2022, formed by a previous top. Historic tops often act as a resistance. Alone this would be a weak indication, but the price managed to hit that level at the same time...
Crypto Total 2 has broken down the upward channel and has tested the supportbelow it, now we can see this weekly candel is now open and heading upward. besides that we can see an obvious RD + in MACD and MFI. and Elon Musk just tweeted again! so in my opinion we are about to see a pullback to the broken channel and after that we have to see if there is any sign of...
Chainlink (LINK) has witnessed a substantial surge in the past two weeks and is now approaching the prospect of a new yearly high. Both weekly and daily timeframe analyses exhibit bullish tendencies, which is supported by the price action MFI. How Far Can Chainlink's Uptrend Continue? Looking at the weekly technical analysis, LINK's price has been on the rise...
Energy Fuels (UUUU) is a Uranium and Vanadium mining company that is domestically sourced low carbon renewable energy fuel (U( and steel strengthener (V2O5). * Improving earnings - nearing profitability * Domestic contract growth * By-product Vanadium is also in demand - steel recycling * Energy market can not rely on oil and LNG alone * MFI crossing 50% and...
Looking at the Bitcoin quoted chart on the left side, we have a bullish divergence on volume, as per the Stochastic Momentum Index (SMI) of Money Flow Index (MFI) indicator. On the chart quoted in Dollars, a divergence was signaled beforehand in the ROC (Rate of Change), allowing an entry at the breakout of the 0.91 value.
Short Opportunity in KOTAKBANK 1. 200 EMA Resistance on Daily/2H/4H 2. Negative RSI 3. MFI breakdown 4. BANK NIFTY Negative sentiment
The trendline is the most common part of technical analysis in forex trading. But when compared to support and resistance, trendlines are less commonly used. The trendline should be more significant due to the number of touches. Trendlines are very suitable in combination with several technical indicators, one of which is the Money Flow Index ( MFI ). MFI is an...
The trendline is the most common part of technical analysis in forex trading. But when compared to support and resistance, trendlines are less commonly used. The trendline should be more significant due to the number of touches. Trendlines are very suitable in combination with several technical indicators, one of which is the Money Flow Index (MFI). MFI is an...
MFI (Money Flow Index) period adjustment. The default setting is 14-periods, but this can be adjusted to suit analysis needs. A shorter timeframe makes the indicator more sensitive. A longer timeframe makes it less sensitive. Given the less sensitive, the extreme measure are more prone to real Money Flow. Bitcoin Cycle MFI Lows Observe the MFI Period at 50 for...
Play the rebound on the first T.P if you don't want too much risk or you can even go higher to the second T.P with less probability to touch this level of price !