Ethereum Price – ETH

Gasoline closed up by 1.58% to 1.475 on 13 January 2021 and +7.02% on a weekly basis. Gasoline momentum was last calculated at +100.0/100 indicating positive momentum. Gasoline trend is +75.0/100 indicating a positive trend. Gasoline momentum exhaustion is 1.45 indicating Gasoline is neither oversold or overbought. Gasoline RSI is 76.13 .

Ethereum Chart

Ethereum

Ethereum Statistics

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
ethereumethereum3489.5218.544.01101.93

Gasoline closed at 1.475 on 13 January 2021. Gasoline trend was last calculated at +75.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Gasoline momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. Gasoline momentum exhaustion is 1.45 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Gasoline is neither oversold or overbought. Gasoline RSI was last calculated at 76.13. Gasoline moving averages were last recorded as follows: 1-month moving average: 1.36 in an uptrend , 1-quarter moving average: 1.23 in an uptrend and 1-year moving average: 1.11 in a downtrend. Gasoline annual return was last recorded at None%, daily return was last recorded at 1.58%, and weekly return was last recorded at 7.02%. Gasoline Historical 20-day volatility was last recorded at 25.337%, MacroVar models monitor Gasoline statistics based on historical data since 1970.

Commodities

Last
Daily %
Momentum
Trend
Exhaustion
Trend Strength
16.09 (0.0%)
634.0 (0.63%)
545.0 (-4.39%)
666.0 (1.37%)
57.35 (0.16%)
2.0327 (0.08%)
2.772 (2.02%)
28.6 (-0.35%)
71.55 (-2.05%)
2.95 (-0.03%)
88.16 (0.15%)
1885.5 (-0.24%)
12987.5 (1.07%)
21537.5 (1.26%)
2712.5 (1.4%)
1464.4 (-0.06%)
15.883 (-0.19%)
1330.05 (-0.21%)
846.8 (0.16%)
396.9 (-0.9%)
190.6 (-3.79%)
72.92 (-1.42%)
96.45 (-2.97%)
2269.0 (-0.2%)
13.37 (1.21%)
121.3 (1.31%)
375.25 (0.07%)
484.88 (-0.41%)
271.0 (-1.56%)
10.19 (-0.15%)
910.25 (-0.04%)
910.25 (-0.04%)
910.25 (-0.04%)
910.25 (-0.04%)
CRB Index CRB Index
CRB Industrials CRB Industrials
Brent Brent
WTI WTI
Heating Oil Heating Oil
RBOB RBOB
NatGas NatGas
Iron Ore Iron Ore
Coal Coal
Copper Copper
Aluminum Aluminum
Nickel Nickel
Tin Tin
Zinc Zinc
Palladium Palladium
Silver Silver
Gold Gold
Platinum Platinum
Rubber Rubber
Lumber Lumber
Cotton Cotton
Coffee Coffee
Cocoa Cocoa
Sugar Sugar
OJ OJ
Corn Corn
Wheat Wheat
Oats Oats
Rice Rice
Soybeans Soybeans
Soybean Oil Soybean Oil
Soybean Meal Soybean Meal
Feeder Cattle Feeder Cattle
Live Cattle Live Cattle
Last
Daily %
Momentum
Trend
Exhaustion
Trend Strength
CRB Index CRB Index
16.09 (0.0%)
CRB Industrials CRB Industrials
634.0 (0.63%)
Brent Brent
545.0 (-4.39%)
WTI WTI
666.0 (1.37%)
Heating Oil Heating Oil
57.35 (0.16%)
RBOB RBOB
2.0327 (0.08%)
NatGas NatGas
2.772 (2.02%)
Iron Ore Iron Ore
28.6 (-0.35%)
Coal Coal
71.55 (-2.05%)
Copper Copper
2.95 (-0.03%)
Aluminum Aluminum
88.16 (0.15%)
Nickel Nickel
1885.5 (-0.24%)
Tin Tin
12987.5 (1.07%)
Zinc Zinc
21537.5 (1.26%)
Palladium Palladium
2712.5 (1.4%)
Silver Silver
1464.4 (-0.06%)
Gold Gold
15.883 (-0.19%)
Platinum Platinum
1330.05 (-0.21%)
Rubber Rubber
846.8 (0.16%)
Lumber Lumber
396.9 (-0.9%)
Cotton Cotton
190.6 (-3.79%)
Coffee Coffee
72.92 (-1.42%)
Cocoa Cocoa
96.45 (-2.97%)
Sugar Sugar
2269.0 (-0.2%)
OJ OJ
13.37 (1.21%)
Corn Corn
121.3 (1.31%)
Wheat Wheat
375.25 (0.07%)
Oats Oats
484.88 (-0.41%)
Rice Rice
271.0 (-1.56%)
Soybeans Soybeans
10.19 (-0.15%)
Soybean Oil Soybean Oil
910.25 (-0.04%)
Soybean Meal Soybean Meal
910.25 (-0.04%)
Feeder Cattle Feeder Cattle
910.25 (-0.04%)
Live Cattle Live Cattle
910.25 (-0.04%)

Ethereum Price – ETH Trading Signals

MacroVar estimates the following signals: Ethereum Price – ETH momentum, Ethereum Price – ETH trend, Ethereum Price – ETH oscillator, Ethereum Price – ETH RSI and Ethereum Price – ETH returns.

Ethereum Price – ETH Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarEthereum Price – ETH momentum signal ranges from -100 to +100. The Ethereum Price – ETH momentum signal is derived as the mean value from 4 calculations for the Ethereum Price – ETH. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Ethereum Price – ETH return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Ethereum Price – ETH BADI momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Ethereum Price – ETH momentum signal moves from positive to negative value or vice-versa.

Ethereum Price – ETH Trend

Ethereum Price – ETH trend signal ranges from -100 to +100. Ethereum Price – ETH trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Ethereum Price – ETH Closing price vs Ethereum Price – ETH moving average (MA) calculation: If Ethereum Price – ETH is greater than Ethereum Price – ETH MA value is +1, else -1, 2. Ethereum Price – ETH Moving average slope calculation: if current Ethereum Price – ETH moving average is higher than the previous MA, Ethereum Price – ETH upward slope +1, else -1
Ethereum Price – ETH trend model can be used as a trend strength indicator. Ethereum Price – ETH trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Ethereum Price – ETH trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Ethereum Price – ETH 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Ethereum Price – ETH is in an uptrend when Ethereum Price – ETH price is higher than the 52-week moving average and the Ethereum Price – ETH 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Ethereum Price – ETH oscillator and Ethereum Price – ETH RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Ethereum Price – ETH Oscillator

The Ethereum Price – ETH oscillator estimated by MacroVar is the z-score of the current Ethereum Price – ETH price versus Ethereum Price – ETH 1-year simple moving average price. The formula for the Ethereum Price – ETH oscillator is:
Ethereum Price – ETH oscillator = (Current Price – 250 trading days Ethereum Price – ETH simple moving average price) / (250 days Ethereum Price – ETH price standard deviation)

Ethereum Price – ETH oversold conditions
Ethereum Price – ETH is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Ethereum Price – ETH is oversold it is often due for a rebound. Values of the Ethereum Price – ETH oscillator lower than -2.5 signify oversold conditions. It must be noted that the Ethereum Price – ETH oscillator must be analyzed ibn conjunction with the rest of Ethereum Price – ETH quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Ethereum Price – ETH RSI.
Ethereum Price – ETH overbought conditions
Ethereum Price – ETH is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Ethereum Price – ETH is overbought it is often due for a correction. Values of the Ethereum Price – ETH oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Ethereum Price – ETH quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Ethereum Price – ETH RSI Indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Ethereum Price – ETH is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Ethereum Price – ETH uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Ethereum Price – ETH Returns

MacroVar calculates Ethereum Price – ETH returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

ETH returns = ( ETH Closing Price – ETH Previous Price)/(ETH Previous Price)

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