10 XP 0   0   5  
0coffee
Main menu

📉 The Great Reset 📈

Data gone? Yes, I pulled the plug. I shut down my paid data feeds and deleted the entire dataset to become fully independent.

No worries! Penke(Bot) will find new copyright-free data.

Curious how? Read it here… 🥸 Penke

$74SW (74software) Price Analysis
Buy, Hold or Sell?

Let's analyze 74software together

Penke

I guess you are interested in 74software. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – 74software’s Price Targets

I'm going to help you getting a better view of 74software. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about 74software

I send you an email if I find something interesting about 74software.


Technical Analysis of 74software
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of 74software. The general trend of 74software is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine 74software's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. 74software Price Targets

1.1 sr

Score

Let's take a look at the sr of 74software.

  • The price is trading arround resistance levels. This can be considered as a potential exit level.
74software Daily sr Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of 74software.

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is lagging behind the MEDIUM, indicating weaker trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is lagging behind the LONG, indicating weaker trend alignment.
  • The MEDIUM shows weakening trend behaviour.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is leading the INTER, indicating positive trend alignment.
  • The MEDIUM is leading the LONG, indicating positive trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is trading under pressure relative to the INTER.
  • The INTER is lagging behind the LONG, indicating weaker trend alignment.
  • The LONG shows weakening trend behaviour.
  • Price action is trading under pressure relative to the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

74software Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of 74software.

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for 74software.
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
74software Daily Moving Average Convergence/Divergence (MACD) Chart74software Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of 74software.

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • A strong bearish trend is in place and intensifying, indicating growing downside conviction and sustained selling pressure.
74software Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of 74software.

  • Price action is under pressure relative to the prevailing trend structure, which is commonly interpreted as a bearish market signal.
74software Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of 74software. The current phase is Oversold in bear market.

  • Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions.
  • Momentum is weakening as selling pressure becomes more pronounced.
74software Daily Relative Strength Index (RSI) Chart74software Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of 74software. The current phase is Oversold in bear market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Selling pressure appears exhausted, often seen near potential stabilization or rebound phases.
  • Momentum is leaning bearish, with selling pressure outweighing buying interest and signaling increased short-term caution for 74software.
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
74software Daily Stochastic Oscillator Chart74software Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of 74software.

  • Price action appears stretched to the downside, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
74software Daily Commodity Channel Index (CCI) Chart74software Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of 74software.

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
74software Daily Chande Momentum Oscillator (CMO) Chart74software Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of 74software.

  • Downward momentum appears stretched, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
74software Daily Williams %R Chart74software Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of 74software.

74software Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of 74software.

74software Daily Average True Range (ATR) Chart74software Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of 74software.

74software Daily On-Balance Volume (OBV) Chart74software Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of 74software.

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
74software Daily Money Flow Index (MFI) Chart74software Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for 74software.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

74software Daily Candlestick Chart
DateCandlestick Pattern
Penke

Good job! You gained 10 XP and 0   0   5 . What's next:

  • Share my analysis of 74software with someone you think should read this too:
  • Are you bullish or bearish on 74software? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about 74software? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is my analysis useful to you? coffee Support Penke with Coffee coffee so I can develop more tools and provide more market analysis for you. Thanks in advance!

Get notifications about 74software

I send you an email if I find something interesting about 74software.

Comments

How you think about this?

Leave a comment
3rd party ad coffee SUPPORTERis ad-free.