$FET Fetch.ai/USD Technical Indicators- June 14, 2024

The technical indicators for Fetch.ai (FET) against the US Dollar (USD) as of June 14, 2024,

Technical Indicators

The Relative Strength Index (RSI) is at 32.057, indicating downward momentum. The Stochastic Oscillator (STOCH) is at 22.769, further emphasizing this trend. The Stochastic RSI (STOCHRSI) at 37.485 also signals a negative outlook. The Moving Average Convergence Divergence (MACD) at -0.163 supports this view. The Average Directional Index (ADX) is significantly high at 56.921, suggesting a strong trend. Williams %R is at -83.622, indicating oversold conditions. The Commodity Channel Index (CCI) at -98.4658 and the Rate of Change (ROC) at -25.573 both reflect a negative sentiment.

The Average True Range (ATR) at 0.1462 indicates less volatility. The Highs/Lows indicator at -0.2108 and the Ultimate Oscillator at 40.96 also support the downward trend. The Bull/Bear Power at -0.442 reinforces this perspective.

Moving Averages

The summary of moving averages indicates a strong negative sentiment with eleven indicators signaling a downtrend and only one indicating an upward trend. Both simple and exponential moving averages across various time frames confirm this outlook. The MA5 at 1.6188 (simple) and 1.6467 (exponential), MA10 at 1.7625 (simple) and 1.7472 (exponential), MA20 at 1.9688 (simple) and 1.8964 (exponential), and MA50 at 2.1283 (simple) and 2.1154 (exponential) all reflect a downward movement. The MA100 at 2.3558 (simple) and 2.0107 (exponential) further confirm this trend. The MA200, however, shows values of 1.5597 (simple) and 1.6679 (exponential), indicating a mixed sentiment.

Pivot

The pivot point analysis identifies critical support and resistance levels with the central pivot point at 1.6257. Support levels are at 1.3654, 1.4647, and 1.5264, while resistance levels are at 1.6874, 1.7867, and 1.8484.

Overall, the technical indicators for Fetch.a i/ USD on June 14, 2024, highlight a strong negative trend with multiple indicators pointing to continued downward pressure. $FET