Based on today's classical pivot point (P1) with the value of $0.00001736, Shermie has support levels of $0.00001731, $0.00001722, and the strongest at $0.00001717. Similarly, Shermie resistance levels are at $0.00001745, $0.00001750, and $0.00001760.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00001731 | |
| S2 | $0.00001722 | |
| S3 | $0.00001717 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00001745 | |
| R2 | $0.00001750 | |
| R3 | $0.00001760 |
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) | 45.15 | NEUTRAL |
| Stoch RSI (14) | 64.03 | NEUTRAL |
| Stochastic Fast (14) | 3.59 | BUY |
| Commodity Channel Index (20) | -51.41 | NEUTRAL |
| Average Directional Index (14) | 49.74 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -96.41 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 7.48 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| 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 Gnosis (GNO), Mantle (MNT), Aster (ASTER), Immutable X (IMX) and Cronos (CRO) and most negatively correlated with the price of Quant (QNT), JUST (JST), Zebec Network (ZBCN), DeXe (DEXE) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Gnosis | 0.564 |
| Mantle | 0.561 |
| Aster | 0.558 |
| Immutable X | 0.557 |
| Cronos | 0.553 |
| Name | Correlation |
|---|---|
| Quant | -0.435 |
| JUST | -0.423 |
| Zebec Network | -0.395 |
| DeXe | -0.382 |
| LEO Token | -0.372 |
Shermie price is positively correlated with the top 10 coins by market cap with a price of 0.470, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.389.
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.
