Based on today's classical pivot point (P1) with the value of $0.0₅4167, penny stock has support levels of $0.0₅4046, $0.0₅3816, and the strongest at $0.0₅3696. Similarly, penny stock resistance levels are at $0.0₅4396, $0.0₅4517, and $0.0₅4746.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅4046 | |
| S2 | $0.0₅3816 | |
| S3 | $0.0₅3696 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅4396 | |
| R2 | $0.0₅4517 | |
| R3 | $0.0₅4746 |
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) | 50.06 | NEUTRAL |
| Stoch RSI (14) | 39.18 | NEUTRAL |
| Stochastic Fast (14) | 39.91 | NEUTRAL |
| Commodity Channel Index (20) | -73.18 | NEUTRAL |
| Average Directional Index (14) | 14.12 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -60.09 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.23 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | SELL |
Over the past 7 days, penny stock price was most positively correlated with the price of NEAR Protocol (NEAR), JUST (JST), Ondo Finance (ONDO), Zcash (ZEC) and Injective (INJ) and most negatively correlated with the price of Flare (FLR), Quant (QNT), Telcoin (TEL), Canton (CC) and Kaia (KAIA).
| Name | Correlation |
|---|---|
| NEAR Protocol | 0.687 |
| JUST | 0.632 |
| Ondo Finance | 0.569 |
| Zcash | 0.531 |
| Injective | 0.491 |
| Name | Correlation |
|---|---|
| Flare | -0.451 |
| Quant | -0.310 |
| Telcoin | -0.298 |
| Canton | -0.146 |
| Kaia | -0.134 |
penny stock price is positively correlated with the top 10 coins by market cap with a price of 0.179, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.162.
Currencies that are positively correlated with penny stock 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 penny stock, a move in one direction for penny stock would translate into a move in the opposite direction for the negatively correlated coin.
