Based on today's classical pivot point (P1) with the value of $0.0002723, SHOG has support levels of $0.0002587, $0.0002502, and the strongest at $0.0002367. Similarly, SHOG resistance levels are at $0.0002808, $0.0002943, and $0.0003029.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0002587 | |
| S2 | $0.0002502 | |
| S3 | $0.0002367 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0002808 | |
| R2 | $0.0002943 | |
| R3 | $0.0003029 |
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) | 0.06 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 16.01 | BUY |
| Commodity Channel Index (20) | -362.93 | BUY |
| Average Directional Index (14) | 89.18 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -83.99 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 14.20 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | NEUTRAL | |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, SHOG price was most positively correlated with the price of Polkadot (DOT), Immutable X (IMX), Flare (FLR), Optimism (OP) and Monero (XMR) and most negatively correlated with the price of Beldex (BDX), Monad (MON), Stellar (XLM), Bittensor (TAO) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Polkadot | 0.553 |
| Immutable X | 0.551 |
| Flare | 0.450 |
| Optimism | 0.404 |
| Monero | 0.376 |
| Name | Correlation |
|---|---|
| Beldex | -0.810 |
| Monad | -0.808 |
| Stellar | -0.799 |
| Bittensor | -0.789 |
| Venice Token | -0.785 |
SHOG price is negatively correlated with the top 10 coins by market cap with a price of -0.221, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.195.
Currencies that are positively correlated with SHOG 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 SHOG, a move in one direction for SHOG would translate into a move in the opposite direction for the negatively correlated coin.
