Based on today's classical pivot point (P1) with the value of $12.75, Connex has support levels of $12.58, $12.30, and the strongest at $12.13. Similarly, Connex resistance levels are at $13.03, $13.20, and $13.49.
| # | Price | Strength |
|---|---|---|
| S1 | $12.58 | |
| S2 | $12.30 | |
| S3 | $12.13 |
| # | Price | Strength |
|---|---|---|
| R1 | $13.03 | |
| R2 | $13.20 | |
| R3 | $13.49 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 37.50 | NEUTRAL |
| Stoch RSI (14) | 3.90 | BUY |
| Stochastic Fast (14) | 4.47 | BUY |
| Commodity Channel Index (20) | -315.76 | BUY |
| Average Directional Index (14) | 41.29 | BUY |
| Awesome Oscillator (5, 34) | -0.18 | SELL |
| Momentum (10) | -3.39 | NEUTRAL |
| MACD (12, 26) | -0.55 | NEUTRAL |
| Williams Percent Range (14) | -95.53 | BUY |
| Bull Bear Power (13) | -5.22 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 20.32 | BUY |
| VWMA (10) | 15.69 | SELL |
| Hull Moving Average (9) | 15.12 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 17.30 | NEUTRAL |
Over the past 7 days, Connex price was most positively correlated with the price of Aster (ASTER), Bitcoin SV (BSV), Plasma (XPL), Immutable X (IMX) and Dash (DASH) and most negatively correlated with the price of Jupiter (JUP), Uniswap (UNI), LEO Token (LEO), Binance Coin (BNB) and Ondo Finance (ONDO).
| Name | Correlation |
|---|---|
| Aster | 0.854 |
| Bitcoin SV | 0.849 |
| Plasma | 0.840 |
| Immutable X | 0.828 |
| Dash | 0.821 |
| Name | Correlation |
|---|---|
| Jupiter | -0.755 |
| Uniswap | -0.737 |
| LEO Token | -0.598 |
| Binance Coin | -0.575 |
| Ondo Finance | -0.494 |
Connex price is positively correlated with the top 10 coins by market cap with a price of 0.336, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.376.
Currencies that are positively correlated with Connex indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Connex, a move in one direction for Connex would translate into a move in the opposite direction for the negatively correlated coin.
