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$BANQ (Banqup Group) Price Analysis
Buy, Hold or Sell?

Let's analyze Banqup Group together

Penke

I guess you are interested in Banqup Group. 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) – Banqup Group’s Price Targets

I'm going to help you getting a better view of Banqup Group. 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.

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Technical Analysis of Banqup Group
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 Banqup Group. The general trend of Banqup Group is BULLISH with 35.7% 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 Banqup Group'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 (35.7%) Bearish trend (-35.7%)
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. Banqup Group Price Targets

1.1 sr

Score

Let's take a look at the sr of Banqup Group.

  • The price is currently trading around a support level. This can be considered as a potential entry level.
Banqup Group Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Banqup Group.

  • The SHORT shows a strengthening upward trend.
  • Price action is supported by the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is leading the INTER, indicating positive trend alignment.
  • The MEDIUM shows a strengthening upward trend.
  • Price action is supported by the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is supported by the INTER.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER

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

Banqup Group 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 Banqup Group.

  • Momentum is leaning bullish. Buying pressure currently dominates selling pressure, suggesting growing optimism and increased willingness to accumulate Banqup Group.
  • Overall momentum is positive. Market conditions reflect constructive sentiment, with buyers gradually gaining influence and supporting a favorable environment for Banqup Group.
  • Momentum is improving. Bullish pressure is strengthening as confidence builds and market participants position for potential continuation.
Banqup Group Daily Moving Average Convergence/Divergence (MACD) ChartBanqup Group 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 Banqup Group.

  • Directional bias favors buyers. Buying pressure currently dominates selling pressure, reflecting constructive sentiment and growing confidence among market participants.
  • Directional bias is mildly bullish, but overall trend conditions remain weak and lack clear conviction.
Banqup Group Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Banqup Group.

  • Price action is supported by the prevailing trend structure, which is commonly interpreted as a bullish market signal.
Banqup Group Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Banqup Group. The current phase is Overbought in bull market.

  • Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction.
  • Momentum is weakening as selling pressure becomes more pronounced.
Banqup Group Daily Relative Strength Index (RSI) ChartBanqup Group Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Banqup Group. The current phase is Overbought in bull market.

  • Momentum favors buyers, indicating constructive short-term market participation.
  • Momentum is stretched to the upside, suggesting the market may be overheated and vulnerable to a pause or pullback.
  • Momentum is leaning bullish, with buying pressure currently dominating selling interest and supporting positive short-term sentiment for Banqup Group.
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
Banqup Group Daily Stochastic Oscillator ChartBanqup Group Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

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

  • Price action appears stretched to the upside, suggesting momentum may be overheated and vulnerable to a pause or pullback.
Banqup Group Daily Commodity Channel Index (CCI) ChartBanqup Group 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 Banqup Group.

  • Momentum is leaning positive, indicating constructive market conditions and increasing upside participation.
Banqup Group Daily Chande Momentum Oscillator (CMO) ChartBanqup Group Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Banqup Group.

  • Upward momentum appears stretched, suggesting buying pressure may be excessive and a pause or pullback could occur.
Banqup Group Daily Williams %R ChartBanqup Group Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Banqup Group.

Banqup Group Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

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

Banqup Group Daily Average True Range (ATR) ChartBanqup Group Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

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

Banqup Group Daily On-Balance Volume (OBV) ChartBanqup Group 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 Banqup Group.

  • Money flow favors buyers, indicating constructive participation and supportive market conditions.
  • Buying pressure appears excessive, suggesting the market may be overheated and vulnerable to a pause or pullback.
Banqup Group Daily Money Flow Index (MFI) ChartBanqup Group Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Banqup Group.

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

Banqup Group Daily Candlestick Chart
DateCandlestick Pattern
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