Powerdyne International, Inc. (OTC:PWDY) Technical Outlook

Powerdyne International, Inc. (OTC:PWDY) Technical Outlook

Powerdyne International, Inc. (OTC:PWDY) Technical Outlook

Overall, the bias in prices is: Upwards.

Note: this chart shows extraordinary price action to the upside.

By the way, prices are vulnerable to a correction towards 0.00.

The projected upper bound is: 0.00.

The projected lower bound is: 0.00.

The projected closing price is: 0.00.

Candlesticks

During the past 10 bars, there have been 4 white candles and 0 black candles for a net of 4 white candles. During the past 50 bars, there have been 9 white candles and 4 black candles for a net of 5 white candles.

A long legged doji occurred. If this occurs during an uptrend (which appears to be the case with POWERDYNE IN ORD) it often signifies a top.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 78.0000. This is not an overbought or oversold reading. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 70.22. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. (ERROR: Function did not return a value)

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 166.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 4 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 7 period(s) ago.

Rex Takasugi – TD Profile

POWERDYNE IN ORD closed down -0.000 at 0.001. Volume was 1,056% above average (trending) and Bollinger Bands were 181% wider than normal.

Open High Low Close Volume___
0.001 0.001 0.001 0.001 60,318,156

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 0.00 0.00 0.00
Volatility: 514 1,958 1,063
Volume: 24,784,504 8,273,196 4,196,660

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

POWERDYNE IN ORD is currently 138.4% above its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect very strong flows of volume into PWDY.PK (bullish). Our trend forecasting oscillators are currently bullish on PWDY.PK and have had this outlook for the last 7 periods. Our momentum oscillator is currently indicating that PWDY.PK is currently in an overbought condition.

The following two tabs change content below.
'Want to learn more with Nick Lesson? Bizintra offers world-class education, trade signals with a success rate of 80% to date, daily live webinars and a student support community. The best part of this is that they offer a limited number of broker sponsorships each month, meaning a broker will pay 100% of your course fees. Why delay? head over to their website bizintra.com for more information and to arrange a call with one of their senior analysts who can provide you with all the details'

Latest posts by Nick Leeson (see all)

You must be logged in to post comments :  
CONNECT WITH