This dashboard provides a real-time technical analysis overview for Sui (SUI) across your selected timeframe. The analysis is based on the most commonly used technical indicators, including moving averages, oscillators, and pivot points, offering a comprehensive snapshot of market conditions.
Summary of Current SUI Analysis
Based on the 1-day technical rating for SUI, the current trading signal is Neutral.
- Oscillators: 1 indicator suggests Sell, 5 are Neutral, and 4 suggest Buy.
- Moving Averages: 8 indicators suggest Sell, 2 are Neutral, and 5 suggest Buy.
- Aggregate Summary: 9 indicators point to Sell, 7 are Neutral, and 9 indicate Buy.
Detailed Breakdown of Oscillators
Overall Technical Rating: Buy
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 53.03 | Neutral |
| STOCH (9,6) | 92.45 | Neutral |
| STOCHRSI (14) | 1 | Buy |
| MACD (12,26) | -0.08847 | Buy |
| ADX (14) | 27.31 | Sell |
| Williams %R | -7.5493 | Neutral |
| CCI (14) | 121.39 | Neutral |
| ATR (14) | - | - |
| Highs/Lows (14) | 4.26 | Buy |
| Awesome Oscillator | -0.1463 | Neutral |
| ROC | 6.81 | Buy |
Detailed Breakdown of Moving Averages
Overall Technical Rating: Sell
| Indicator | Value | Signal |
|---|---|---|
| EMA (10) | 2.83 | Buy |
| SMA (10) | 2.79 | Buy |
| EMA (20) | 2.87 | Buy |
| SMA (20) | 2.8 | Buy |
| EMA (30) | 2.95 | Sell |
| SMA (30) | 2.95 | Sell |
| EMA (50) | 3.04 | Sell |
| SMA (50) | 3.21 | Sell |
| EMA (100) | 3.1 | Sell |
| SMA (100) | 3.03 | Sell |
| EMA (200) | 3.18 | Sell |
| SMA (200) | 3.33 | Sell |
| IBL | - | Neutral |
| VWMA | - | Neutral |
| HMA | 2.88 | Buy |
Pivot Points Overview
Pivot points help identify potential support and resistance levels where the price might react.
| Level | Classic | Fibonacci | Camarilla | Woodie | DM |
|---|---|---|---|---|---|
| S3 | 2.7 | 2.79 | 2.97 | 2.71 | - |
| S2 | 2.79 | 2.87 | 2.99 | 2.79 | - |
| S1 | 2.91 | 2.91 | 3.0 | 2.92 | 2.95 |
| P | 2.99 | 2.99 | 2.99 | 3.0 | 3.02 |
| R1 | 3.11 | 3.07 | 3.04 | 3.13 | 3.16 |
| R2 | 3.2 | 3.12 | 3.06 | 3.21 | - |
| R3 | 3.32 | 3.2 | 3.08 | 3.33 | - |
A Guide to Key Technical Indicators
Understanding the tools behind the analysis is crucial for interpreting the data effectively.
Oscillators Explained
Oscillators are leading indicators that can signal potential trend changes before they fully materialize. These metrics fluctuate between an upper and lower bound, helping to measure the strength and momentum of a trend. A key function of oscillators is identifying overbought or oversold market conditions—where an asset's price may be unreasonably high or low—which can often precede a trend reversal. This information is valuable for deciding when to close a position.
These indicators are most effective in ranging or volatile markets. In strong trending markets, they can sometimes signal overbought or oversold conditions too early. Traders often watch for crossovers of a center line, movements toward extreme highs or lows, and the presence of regular or hidden divergences. Common oscillators include the Relative Strength Index (RSI), Stochastic Oscillator, and the Awesome Oscillator.
Moving Averages Explained
Moving averages are lagging, price-based indicators that display the average price of an asset over a set period. They are excellent tools for confirming trends, gauging momentum, and identifying dynamic support and resistance zones. By smoothing out price and volume "noise," moving averages make it easier to interpret the underlying chart action.
It's important to remember that because they are based on past data, moving averages are not predictive; they are interpretive, used to confirm and analyze what has already occurred. They also form the foundation for other popular tools like Bollinger Bands and the MACD. The most common types are the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Hull Moving Average (HMA), each applying a slightly different calculation to the basic concept.
Pivot Points Explained
Pivot point analysis is a technique for identifying key levels where the price is likely to experience a reaction. These points often act as support, resistance, or potential reversal zones. While frequently used by day traders, the concept is applicable across all timeframes.
There are several methods for calculating pivot points, including Classic, Fibonacci, Camarilla, and Woodie. Most methods use variations of previous high, low, and close prices to calculate a central pivot point (P) and then derive additional support (S1, S2, S3) and resistance (R1, R2, R3) levels around it. Conservative traders often wait for additional confirmation at these levels before entering a trade. Whether used alone or in conjunction with other technicals, pivot points are a useful tool for any technical analyst's toolkit.
👉 Explore more advanced trading strategies
Frequently Asked Questions
What is a neutral technical rating?
A neutral rating means the collective signals from various technical indicators do not show a strong consensus towards either buying or selling. It suggests a period of market indecision or consolidation, where traders might wait for a clearer signal or a breakout from the current price range before taking a significant position.
How should I use oscillator signals in my trading?
Oscillators are best used to identify potential turning points in the market, especially in ranging conditions. A buy signal from an oscillator in an oversold market can suggest a potential upward reversal. However, it's often wise to use them in conjunction with other indicators, like moving averages or price action at key support/resistance levels, for confirmation before executing a trade.
Why do moving averages often show a different signal than oscillators?
This is a common occurrence. Moving averages are lagging indicators that follow the trend, while oscillators are leading and attempt to predict momentum shifts. A "Sell" rating from moving averages with a "Buy" from oscillators can indicate that while the longer-term trend is still down, short-term momentum may be building for a potential reversal or bounce.
Can I rely solely on pivot points for making trades?
While pivot points are excellent for identifying potential reaction levels, most experienced traders do not rely on them exclusively. They are most powerful when combined with other forms of analysis. For instance, a trader might look for a bearish candlestick pattern or an RSI reading above 70 (overbought) at a identified pivot resistance level before considering a short trade.
What is the most important takeaway from this technical analysis?
The key takeaway is context. The current "Neutral" aggregate signal indicates a balanced and uncertain market. Traders should look for a catalyst, such as a decisive break above a key resistance pivot or below a support level, to determine the next likely direction. Always use technical analysis as part of a broader, disciplined trading plan.
Disclaimer: This technical analysis is for informational purposes only. It is not intended as a recommendation to buy or sell any financial instrument. The signals generated by these indicators simply reflect conditions that may align with certain trading strategies. All trading decisions should be based on your own research, risk tolerance, and consultation with independent financial advisors.