Technical indicators:
1. Moving Average (MA):
The EMA (7, 25, 99) and SMA show that the market is in an uptrend. The current price is above the moving average of $188.43.
2. Bollinger Bands:
The price is near the upper band, indicating overbought conditions. However, a breakout is also possible.
3. Stochastic RSI:
The Stochastic RSI is at 100, indicating a strong overbought condition. The price may be temporarily corrected.
4. MACD:
The MACD is above the line, indicating a bullish signal.
5. Volume:
Volume remains average, but there has been no significant change in recent growth.
6. Parabolic SAR:
There are dots below the price, which is providing bullish support.
7. Williams %R:
The value is -6.99, which indicates an overbought condition.
Forecast for the next 24 hours:
Bullish Potential: If the price stays above $189 and volume increases, there is a possibility of reaching the $190-$195 range.
Bearish correction: A correction to $185-$183 is possible if the price falls below the overbought indicator and the $188 support level.
Advice:
If you are a short-term trader, consider taking profits in the $190-$192 range.
If there is a correction, wait for new entry positions in the $185-$183 region.