ILLUMINA INC. - Daily - Technical analysis published on 10/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 300.59 USD
My targets
272.28 USD (-5.96%)
240.02 USD (-17.10%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ILLUMINA INC. as long as the price remains well below 300.59 USD. The next bearish objective for sellers is set at 272.28 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 240.02 USD. If there is any crossing, the next objective would be the support located at 186.17 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
5.7
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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
The ILLUMINA INC. rating is 289.54 USD. On the day, this instrument lost -2.19% and was between 288.81 USD and 295.32 USD. This implies that the price is at +0.25% from its lowest and at -1.96% from its highest.288.81
295.32
289.54
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ILLUMINA INC.:
Technical
A technical analysis in Daily of this ILLUMINA INC. chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a slightly bearish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 186.17 | 240.02 | 272.28 | 289.54 | 300.59 | 321.18 | 338.37 |
| Change (%) | -35.70% | -17.10% | -5.96% | - | +3.82% | +10.93% | +16.86% |
| Change | -103.37 | -49.52 | -17.26 | - | +11.05 | +31.64 | +48.83 |
| Level | Intermediate | Major | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 278.71 | 287.09 | 291.56 | 299.94 | 304.41 | 312.79 | 317.26 |
| Camarilla | 292.49 | 293.66 | 294.84 | 296.02 | 297.20 | 298.38 | 299.55 |
| Woodie | 276.75 | 286.11 | 289.60 | 298.96 | 302.45 | 311.81 | 315.30 |
| Fibonacci | 287.09 | 292.00 | 295.04 | 299.94 | 304.85 | 307.89 | 312.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 275.73 | 284.12 | 292.70 | 301.09 | 309.67 | 318.06 | 326.64 |
| Camarilla | 296.61 | 298.17 | 299.72 | 301.28 | 302.84 | 304.39 | 305.95 |
| Woodie | 275.83 | 284.17 | 292.80 | 301.14 | 309.77 | 318.11 | 326.74 |
| Fibonacci | 284.12 | 290.60 | 294.61 | 301.09 | 307.57 | 311.58 | 318.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 227.74 | 245.52 | 274.87 | 292.65 | 322.00 | 339.78 | 369.13 |
| Camarilla | 291.26 | 295.58 | 299.90 | 304.22 | 308.54 | 312.86 | 317.18 |
| Woodie | 233.53 | 248.41 | 280.66 | 295.54 | 327.79 | 342.67 | 374.92 |
| Fibonacci | 245.52 | 263.52 | 274.65 | 292.65 | 310.65 | 321.78 | 339.78 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.43 | |
| MACD (12,26,9): | 2.0400 | |
| Directional Movement: | -6.38 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 298.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 310.13 | |
| Elder Ray (13): | -4.97 | |
| Super Trend (3,10): | 286.15 | |
| Zig ZAG (10): | 289.62 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 35.26 | |
| TEMA (21): | 302.24 | |
| Williams %R (14): | -97.09 | |
| Chande Momentum Oscillator (20): | -11.34 | |
| Repulse (5,40,3): | -4.6700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 9.84 |
| MA7: | 297.98 | |
| MA20: | 294.08 | |
| MA50: | 291.70 | |
| MA100: | 311.44 | |
| MAexp7: | 297.48 | |
| MAexp20: | 295.70 | |
| MAexp50: | 297.88 | |
| MAexp100: | 304.59 | |
| Price / MA7: | -2.83% | |
| Price / MA20: | -1.54% | |
| Price / MA50: | -0.74% | |
| Price / MA100: | -7.03% | |
| Price / MAexp7: | -2.67% | |
| Price / MAexp20: | -2.08% | |
| Price / MAexp50: | -2.80% | |
| Price / MAexp100: | -4.94% |
News
Don"t forget to follow the news on ILLUMINA INC.. At the time of publication of this analysis, the latest news was as follows:
- Illumina and Broad Institute Announce Agreement to Co-Develop Genomic Secondary Analysis Tools
- Illumina Names Joydeep Goswami Senior Vice President of Corporate Development and Strategic Planning
- Illumina Recommends Stockholders Reject Mini-Tender Offer by TRC Capital Corporation
- Illumina Reports Financial Results for First Quarter of Fiscal Year 2019
- Investor Network: Illumina, Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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