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MXGP USD technical analysis

This gauge displays a real-time MXGP Fan Token technical analysis overview for your selected timeframe. The MXGP Fan Token summary is based on the most popular technical indicators, such as moving Averages, oscillators, and pivot points.

MXGP Fan Token technical ratings

MXGP Fan Token
MXGP Fan Token
MXGP
$0.003100
-3.06%1d
Summary
Sell : 12
Neutral : 9
Buy : 4
Oscillators
Sell : 1
Neutral : 7
Buy : 2
Moving averages
Sell : 11
Neutral : 2
Buy : 2

Summary

Technical ratings: Neutral

Sell : 12
Neutral : 9
Buy : 4
According to the MXGP 1d technical ratings, the trading signal is Sell.
Among the oscillator indicators, 1 indicators tend to sell, 2 indicators tend to buy, and 7 indicators tends to be neutral.
Among the moving average indicators, 11 indicators tend to sell,2 indicators tend to buy, and 2 indicators tend to be neutral.
To summarize,12 indicators tend to sell, 4 indicators tend to buy, and 9 indicators tend to be neutral.
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Oscillators

Technical ratings: Neutral

Sell : 1
Neutral : 7
Buy : 2
NameValueRating
RSI(14)
57.34
Neutral
STOCH(9,6)
99.87
Sell
STOCHRSI(14)
0.9994
Neutral
MACD(12,26)
0.0001527
Buy
ADX(14)
38.85
Buy
Williams %R
-0.1299
Neutral
CCI(14)
41.77
Neutral
ATR(14)
-
-
Hights/Lows(14)
0.003558
Neutral
Awesome Oscillator(14)
0.0004250
Neutral
ROC
Infinity
Neutral

Moving averages

Technical ratings: Strong sell

Sell : 11
Neutral : 2
Buy : 2
NameValueRating
EMA(10)
0.003408
Sell
SMA(10)
0.003552
Sell
EMA(20)
0.003231
Sell
SMA(20)
0.002841
Buy
EMA(30)
0.003197
Sell
SMA(30)
0.003073
Buy
EMA(50)
0.003224
Sell
SMA(50)
0.003259
Sell
EMA(100)
0.003284
Sell
SMA(10)
0.003331
Sell
EMA(200)
0.003281
Sell
SMA(200)
0.003205
Sell
IBL
-
Neutral
VWMA
-
Neutral
HMA
0.003554
Sell

Pivot points

PivotClassicFibonacciCamarillaWoodieDM
S3
0.003547
0.003549
0.003552
0.003547
-
S2
0.003549
0.003550
0.003553
0.003549
-
S1
0.003551
0.003551
0.003553
0.003551
0.003552
P
0.003553
0.003553
0.003553
0.003553
0.003554
R1
0.003555
0.003555
0.003554
0.003556
0.003556
R2
0.003557
0.003556
0.003554
0.003557
-
R3
0.003560
0.003557
0.003555
0.003560
-

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About technical ratings

Definition

Technical ratings are a technical analysis tool that combines the ratings of several technical indicators to make it easier for traders and investors to identify profitable trades.

Calculations

These are the criteria used to determine the rating of the individual indicators used. Note that changes from the last candlestick are used to determine falling or rising states:

All moving averages (MA)

Buy — MA value < price

Sell — MA value > price

Neutral — MA value = price

Ichimoku cloud

Buy — base line < price, conversion line crosses price from below, leading line 1 > price, and leading line 1 > leading line 2

Sell — base line > price, conversion line crosses price from above, leading line 1 < price, and leading line 1 < leading line 2

Neutral — neither Buy nor Sell

Relative strength index (RSI)

Buy — indicator < 30 and rising

Sell — indicator > 70 and falling

Neutral — neither Buy nor Sell

Stochastic

Buy — main line < 20 and main line crosses over the signal line

Sell — main line > 80 and main line crosses under the signal line

Neutral — neither Buy nor Sell

Commodity channel index (CCI)

Buy — indicator ≤ 100 and rising

Sell — indicator > 100 and falling

Neutral — neither Buy nor Sell

Average directional index (ADX)

Buy — indicator > 20 and +DI line crosses over the -DI line

Sell — indicator > 20 and +DI line crosses under the -DI line

Neutral — neither Buy nor Sell

Awesome oscillator (AO)

Buy — saucer and value are greater than 0, or cross over the zero line

Sell — saucer and value are lower than 0, or cross under the zero line

Neutral — neither Buy nor Sell

Momentum

Buy — indicator values are rising

Sell — indicator values are falling

Neutral — neither Buy nor Sell

MACD

Buy — main line values > signal line values

Sell — main line values < signal line values

Neutral — neither Buy nor Sell

Stochastic RSI

Buy — downtrend, K and D lines < 20, and K line crosses over the D line

Sell — uptrend, K and D lines > 80, and K line crosses under the D line

Neutral — neither Buy nor Sell

Williams Percent Range (Williams %R)

Buy — indicator < lower band and rising

Sell — indicator > upper band and falling

Neutral — neither Buy nor Sell

Bulls and Bears Power

Buy — uptrend, BearPower < zero, and BearPower is rising

Sell — downtrend, BullPower > zero, and BullPower is falling

Neutral — neither Buy nor Sell

Ultimate Oscillator (UO)

Buy — UO > 70

Sell — UO < 30

Neutral — neither Buy nor Sell

The value of the Sell rating is –1, the Neutral rating is 0, and the Buy rating is 1. The group and overall ratings are calculated as the average of the individual indicator ratings.

Recommendations for the group or overall ratings are based on this numerical rating value and determined according to the following criteria:

[–1.0 ≤ value < –0.5] — Strong Sell

[–0.5 ≤ value < –0.1] — Sell

[–0.1 ≤ value ≤ 0.1] — Neutral

[0.1 < value ≤ 0.5] — Buy

[0.5 < value ≤ 1.0] — Strong Buy

The basics

The recommendations given by each indicator are based on the ratings calculated for the sub-indicators included within them.

The overall rating of an indicator includes two large groups of sub-indicators. The first consists of SMAs and EMAs with different lengths (MA lengths are 10, 20, 30, 50, 100, and 200), the Ichimoku Cloud (9, 26, 52), VWMA (20), and HullMA (9). The second one is calculated on the following oscillators: RSI (14), Stochastic (14, 3, 3), CCI (20), ADX (14, 14), AO, Momentum (10), MACD (12, 26, 9), Stochastic RSI (3, 3, 14, 14), Williams %R (14), Bulls and Bears Power, and UO (7,14,28). Each group's rating is calculated separately. You can select the group in the indicator settings, and its respective rating calculation will be displayed on the chart.

What to look for

The technical ratings tool is designed to have values that fluctuate above and below a zero line. Its values are plotted as a histogram of red, green, and gray bars and depend on your selection. You can choose to view the value of the MA rating, the oscillator rating, or the average of both.

Columns are gray when the value of the indicator is between 0.1 and –0.1. Progressively more saturated green columns indicate rising values above 0.1, while progressively more saturated red columns indicate falling values below –0.1.

The label at the end of the histogram displays the state of the MA, oscillator, and overall ratings. Its color is determined by the value of the rating: gray for neutral, green for Buy or Strong Buy, and red for Sell or Strong Sell.

Summary

Technical ratings can be a valuable technical analysis tool for analysts and traders. Many traders use a selection of complementary indicators to make better decisions. Our technical ratings tool simplifies this task by combining the most popular indicators and their signals.

About technical indicators

Oscillators

Oscillators are popular and widely used as they are leading indicators that can signal a possible trend change that is yet to begin. This type of indicator oscillates between two limits, above and below a midpoint. Their value helps gauge the strength and momentum of a trend. Oscillators also typically signal if a market is overbought or oversold (meaning if the price is unjustifiably high or unjustifiably low), which could point to a reversal of the trend. This could be used to determine when to close positions.

Oscillators work best in ranging markets as they can show overbought or oversold conditions too soon in trending markets. Common things to look for are a midpoint cross, approaching maximum or minimum value, and regular or hidden divergence. Oscillators are usually plotted with a line or histogram. There are many types of oscillators, including the relative strength index, the stochastic oscillator, the true strength index, and the ultimate oscillator.

Moving averages

Moving averages are price-based, lagging (or reactive) indicators that display the average price of an asset over a set period of time. Moving averages are a good way to gauge momentum, confirm trends, and define areas of support and resistance. In essence, moving averages smooth out the "noise" when trying to interpret charts. Noise is made up of fluctuations in both price and volume. Because moving averages are lagging indicators that react to events that have already happened, they are not used as predictive indicators but rather interpretive indicators for confirmations and analysis.

In fact, moving averages form the basis of several other well-known technical analysis tools, such as the Bollinger bands and the MACD. There are different types of moving averages, which all take the same basic premise and add a variation. Most notable are the simple moving average (SMA), the exponential moving average (EMA), the weighted moving average (WMA), and the hull moving average (HMA).

Pivot points

Pivot point analysis is a technique for determining key levels that prices may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is commonly used by day traders, though the concepts are valid for a variety of timeframes. There are several methods of identifying the exact points. Common types of pivot points are traditional, Fibonacci, Woodie, classic, camarilla, and DM. Each type has its own calculation method.

Most use a variation of significant prices, such as established highs, lows, and opening and closing prices, and then apply a calculation to determine these points. They all calculate additional support and resistance levels alongside the pivot points and can be used to determine when to enter or exit trades or the range of a market. Conservative traders look for additional confirmation before entering a trade. Whether pivot points are used alone or in combination with other techniques, they are a useful tool in a technical trader's toolbox.

Disclaimer
Bitget does not recommend that anyone buy or sell any financial instrument based solely on the recommendations of technical rating indicators. Recommendations merely indicate the fulfillment of certain conditions of a set of individual indicators that may help users spot potentially favorable conditions for a trade consistent with their strategy.