Based on today's classical pivot point (P1) with the value of $0.0002858, SHOG has support levels of $0.0002858, $0.0002858, and the strongest at $0.0002858. Similarly, SHOG resistance levels are at $0.0002858, $0.0002858, and $0.0002858.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0002858 | |
| S2 | $0.0002858 | |
| S3 | $0.0002858 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0002858 | |
| R2 | $0.0002858 | |
| R3 | $0.0002858 |
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) | 0.09 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -39.22 | NEUTRAL |
| Average Directional Index (14) | 88.35 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | NEUTRAL | |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | NEUTRAL | |
| VWMA (10) | 0.00 | BUY |
| 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 Immutable X (IMX), Polkadot (DOT), Decred (DCR), Flare (FLR) and Monero (XMR) and most negatively correlated with the price of Beldex (BDX), Stellar (XLM), Bittensor (TAO), Monad (MON) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Immutable X | 0.448 |
| Polkadot | 0.448 |
| Decred | 0.377 |
| Flare | 0.367 |
| Monero | 0.361 |
| Name | Correlation |
|---|---|
| Beldex | -0.763 |
| Stellar | -0.730 |
| Bittensor | -0.727 |
| Monad | -0.710 |
| Venice Token | -0.710 |
SHOG price is negatively correlated with the top 10 coins by market cap with a price of -0.184, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.157.
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.
