ARAMARK - Daily - Technical analysis published on 11/06/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 43.17 USD
My targets
44.68 USD (+2.67%)
45.99 USD (+5.68%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 43.17 USD remains possible. It is advisable to trade ARAMARK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 43.17 USD. The next bullish objective for buyers is set at 44.68 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 45.99 USD. PS: if there is a bearish break in the support located at 43.17 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
1.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARAMARK rating 43.52 USD. The price has increased by +1.37% since the last closing and was between 42.95 USD and 43.64 USD. This implies that the price is at +1.33% from its lowest and at -0.27% from its highest.42.95
43.64
43.52
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ARAMARK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ARAMARK in Daily shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 37.05 | 38.25 | 43.17 | 43.52 | 44.68 | 45.99 |
| Change (%) | -14.87% | -12.11% | -0.80% | - | +2.67% | +5.68% |
| Change | -6.47 | -5.27 | -0.35 | - | +1.16 | +2.47 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.88 | 42.56 | 42.90 | 43.58 | 43.92 | 44.60 | 44.94 |
| Camarilla | 42.97 | 43.06 | 43.16 | 43.25 | 43.34 | 43.44 | 43.53 |
| Woodie | 41.72 | 42.48 | 42.74 | 43.50 | 43.76 | 44.52 | 44.78 |
| Fibonacci | 42.56 | 42.95 | 43.19 | 43.58 | 43.97 | 44.21 | 44.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.83 | 42.03 | 42.64 | 43.84 | 44.45 | 45.65 | 46.26 |
| Camarilla | 42.75 | 42.92 | 43.08 | 43.25 | 43.42 | 43.58 | 43.75 |
| Woodie | 40.54 | 41.88 | 42.35 | 43.69 | 44.16 | 45.50 | 45.97 |
| Fibonacci | 42.03 | 42.72 | 43.15 | 43.84 | 44.53 | 44.96 | 45.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.79 | 40.29 | 42.03 | 43.53 | 45.27 | 46.77 | 48.51 |
| Camarilla | 42.87 | 43.17 | 43.46 | 43.76 | 44.06 | 44.35 | 44.65 |
| Woodie | 38.90 | 40.35 | 42.14 | 43.59 | 45.38 | 46.83 | 48.62 |
| Fibonacci | 40.29 | 41.53 | 42.30 | 43.53 | 44.77 | 45.54 | 46.77 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.99 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 2.11 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 44.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 44.87 | |
| Elder Ray (13): | -0.57 | |
| Super Trend (3,10): | 42.56 | |
| Zig ZAG (10): | 43.52 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 15.79 | |
| TEMA (21): | 43.87 | |
| Williams %R (14): | -72.73 | |
| Chande Momentum Oscillator (20): | -0.71 | |
| Repulse (5,40,3): | -1.0900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 0.59 |
| MA7: | 43.88 | |
| MA20: | 43.92 | |
| MA50: | 42.91 | |
| MA100: | 39.62 | |
| MAexp7: | 43.78 | |
| MAexp20: | 43.74 | |
| MAexp50: | 42.47 | |
| MAexp100: | 40.16 | |
| Price / MA7: | -0.82% | |
| Price / MA20: | -0.91% | |
| Price / MA50: | +1.42% | |
| Price / MA100: | +9.84% | |
| Price / MAexp7: | -0.59% | |
| Price / MAexp20: | -0.50% | |
| Price / MAexp50: | +2.47% | |
| Price / MAexp100: | +8.37% |
News
The last news published on ARAMARK at the time of the generation of this analysis was as follows:
- Aramark to Hold Conference Call on Fourth Quarter and Full-Year Fiscal 2019 Earnings
- Aramark Honors Top “Service Stars” Worldwide for Extraordinary Dedication and Achievement
- Aramark Pride ERG Names Diversity Champion, Kris Reinhardt, 2019 Pride of Aramark Awardee for Extraordinary Support of Diversity and Inclusion
- Aramark Partners With Swipe Out Hunger, Expands Efforts to Address Campus Food Insecurity
- Aramark Names Industry Veteran John Zillmer as Chief Executive Officer
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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