Based on today's classical pivot point (P1) with the value of $0.00001727, Shermie has support levels of $0.00001727, $0.00001726, and the strongest at $0.00001726. Similarly, Shermie resistance levels are at $0.00001727, $0.00001727, and $0.00001727.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00001727 | |
| S2 | $0.00001726 | |
| S3 | $0.00001726 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00001727 | |
| R2 | $0.00001727 | |
| R3 | $0.00001727 |
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) | 41.59 | NEUTRAL |
| Stoch RSI (14) | 41.28 | NEUTRAL |
| Stochastic Fast (14) | 0.04 | BUY |
| Commodity Channel Index (20) | -65.97 | NEUTRAL |
| Average Directional Index (14) | 47.40 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.96 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 6.57 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Shermie price was most positively correlated with the price of Ethereum Name Service (ENS), Gnosis (GNO), Ethereum (ETH), XRP (XRP) and Immutable X (IMX) and most negatively correlated with the price of Quant (QNT), JUST (JST), LEO Token (LEO), Zebec Network (ZBCN) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Ethereum Name Service | 0.581 |
| Gnosis | 0.580 |
| Ethereum | 0.567 |
| XRP | 0.560 |
| Immutable X | 0.560 |
| Name | Correlation |
|---|---|
| Quant | -0.378 |
| JUST | -0.371 |
| LEO Token | -0.365 |
| Zebec Network | -0.358 |
| DeXe | -0.352 |
Shermie price is positively correlated with the top 10 coins by market cap with a price of 0.474, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.390.
Currencies that are positively correlated with Shermie 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 Shermie, a move in one direction for Shermie would translate into a move in the opposite direction for the negatively correlated coin.



