Multi-Timeframe analysis: Microsoft (May 2021)
Multi-Timeframe Analysis:
Hourly Chart: Ranged below the resistance level (Neutral- Bearish)
Daily Chart: At the support line since Jan 15th, 2021 (Neutral)
Weekly Chart: after 4 negative weeks in a row, slightly positive(1.85)
Daily average trading value (YTD): Trading 33% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 24% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 14% below last trading year average. (money outflow) ( Bearish )
Conclusion: Wait for reaction to support line. The decreased trading value is seen in all levels (D/W/M) is a concerning pattern!
Hourly Chart: Ranged below the resistance level (Neutral- Bearish)
Daily Chart: At the support line since Jan 15th, 2021 (Neutral)
Weekly Chart: after 4 negative weeks in a row, slightly positive(1.85)
Daily average trading value (YTD): Trading 33% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 24% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 14% below last trading year average. (money outflow) ( Bearish )
Conclusion: Wait for reaction to support line. The decreased trading value is seen in all levels (D/W/M) is a concerning pattern!
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.