Londinia Opportunities Analyses - 05/03/2024 (GMT) CSW INDUSTRIALS INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	CSWI
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 242.01 USD

My targets

246.05 USD (+1.04%)

251.22 USD (+3.16%)

My analysis

The bullish trend is currently very strong on CSW INDUSTRIALS INC.. As long as the price remains above the support at 242.01 USD, you could try to benefit from the boom. The first bullish objective is located at 246.05 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 251.22 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

9.1

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Additional analysis

Quotes

The CSW INDUSTRIALS INC. rating is 243.51 USD. The price has increased by +0.68% since the last closing and was between 242.36 USD and 245.65 USD. This implies that the price is at +0.47% from its lowest and at -0.87% from its highest.

242.36

245.65

243.51

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this CSW INDUSTRIALS INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Piercing line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	236.51	239.89	242.01	243.51	244.62
Change (%)	-2.87%	-1.49%	-0.62%	-	+0.46%
Change	-7.00	-3.62	-1.50	-	+1.11
Level	Intermediate	Major	Major	-	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	235.20	237.64	239.75	242.19	244.30	246.74	248.85
Camarilla	240.62	241.04	241.45	241.87	242.29	242.70	243.12
Woodie	235.05	237.56	239.60	242.11	244.15	246.66	248.70
Fibonacci	237.64	239.38	240.45	242.19	243.93	245.00	246.74

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	225.15	228.67	233.84	237.36	242.53	246.05	251.22
Camarilla	236.61	237.41	238.20	239.00	239.80	240.59	241.39
Woodie	225.97	229.08	234.66	237.77	243.35	246.46	252.04
Fibonacci	228.67	231.99	234.04	237.36	240.68	242.73	246.05

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	212.15	219.00	228.31	235.16	244.47	251.32	260.63
Camarilla	233.18	234.66	236.14	237.62	239.10	240.58	242.06
Woodie	213.38	219.62	229.54	235.78	245.70	251.94	261.86
Fibonacci	219.00	225.17	228.99	235.16	241.33	245.15	251.32

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):	55.30
MACD (12,26,9):	1.0900
Directional Movement:	14.18
AROON (14):	57.14
DEMA (21):	243.01
Parabolic SAR (0,02-0,02-0,2):	240.93
Elder Ray (13):	0.81
Super Trend (3,10):	238.45
Zig ZAG (10):	242.96
VORTEX (21):	0.8700
Stochastique (14,3,5):	71.82
TEMA (21):	243.41
Williams %R (14):	-36.01
Chande Momentum Oscillator (20):	3.46
Repulse (5,40,3):	0.5200
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	2.62

MA7:	240.04
MA20:	237.19
MA50:	233.99
MA100:	223.11
MAexp7:	242.89
MAexp20:	241.67
MAexp50:	239.80
MAexp100:	238.01
Price / MA7:	+1.45%
Price / MA20:	+2.66%
Price / MA50:	+4.07%
Price / MA100:	+9.14%
Price / MAexp7:	+0.26%
Price / MAexp20:	+0.76%
Price / MAexp50:	+1.55%
Price / MAexp100:	+2.31%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on CSW INDUSTRIALS INC. at the time of the analysis were as follows: