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Technical Analysis Report: Internet Computer (ICP) - June 6, 2024

Overview: As of June 6, 2024, Internet Computer (ICP) presents a mixed technical outlook, with indicators and moving averages reflecting a neutral stance.

Indicators Summary:

Relative Strength Index (RSI): The RSI stands at 47.071, indicating a neutral position.

Stochastic Oscillator: The stochastic oscillator reads 51.146, maintaining a neutral outlook.

STOCHRSI: Positioned at 79.508, suggesting an overbought condition.

MACD: The MACD is at -0.19, signaling a sell action.

Williams %R: With a value of -40.279, recommending a buy action.

Commodity Channel Index (CCI): The CCI is at 47.4263, maintaining a neutral stance.

Average True Range (ATR): Indicates less volatility with a value of 0.4257.

Ultimate Oscillator: At 47.443, it signals a sell action.

Rate of Change (ROC) and Bull/Bear Power: ROC suggests a sell (-0.655), while Bull/Bear Power indicates a buy action (0.1416).

Moving Averages Summary:

Short-term (MA5 and MA10): Both simple and exponential moving averages indicate a buy action.

Medium-term (MA20, MA50): Suggest a sell action.

Long-term (MA100, MA200): MA100 indicates a sell, while MA200 suggests a buy.

Pivot Points: Overall, the technical analysis of ICP reveals a neutral outlook, with balanced signals for both buying and selling actions across various indicators and moving averages. This suggests a cautious approach in the current market environment.

Note: This report is based on technical indicators and moving averages as of June 6, 2024

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