CASEYS GENERAL STORES INC.
CASEYS GENERAL STORES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CASY
ISIN:

CASEYS GENERAL STORES INC. - Daily - Technical analysis published on 07/17/2019 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 159.00 USD
My targets
165.78 USD (+3.45%)
175.58 USD (+9.56%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CASEYS GENERAL STORES INC. as long as the price remains well above 159.00 USD. The buyers” bullish objective is set at 165.78 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 175.58 USD. If there is any crossing, the next objective would be the resistance located at 194.33 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CASEYS GENERAL STORES INC. rating is 160.25 USD. The price has increased by +0.45% since the last closing with the lowest point at 158.99 USD and the highest point at 161.24 USD. The deviation from the price is +0.79% for the low point and -0.61% for the high point.

158.99
161.24
160.25

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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


Technical analysis of CASEYS GENERAL STORES INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 127.66 136.26 159.00 160.25
Change (%) -20.34% -14.97% -0.78% -
Change -32.59 -23.99 -1.25 -
Level Intermediate Major Intermediate -



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
Standard157.02158.01158.78159.77160.54161.53162.30
Camarilla159.06159.22159.38159.54159.70159.86160.02
Woodie156.90157.96158.66159.72160.42161.48162.18
Fibonacci158.01158.69159.10159.77160.45160.86161.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard151.62153.58156.56158.52161.50163.46166.44
Camarilla158.17158.62159.08159.53159.98160.44160.89
Woodie152.12153.84157.06158.78162.00163.72166.94
Fibonacci153.58155.47156.64158.52160.41161.58163.46


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard108.68118.48137.23147.03165.78175.58194.33
Camarilla148.14150.76153.37155.99158.61161.22163.84
Woodie113.17120.72141.72149.27170.27177.82198.82
Fibonacci118.48129.38136.12147.03157.93164.67175.58

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): 71.90
MACD (12,26,9): 4.4200
Directional Movement: 20.18
AROON (14): 92.86
DEMA (21): 161.29
Parabolic SAR (0,02-0,02-0,2): 155.85
Elder Ray (13): 2.84
Super Trend (3,10): 152.13
Zig ZAG (10): 160.25
VORTEX (21): 1.1300
Stochastique (14,3,5): 87.72
TEMA (21): 161.48
Williams %R (14): -10.94
Chande Momentum Oscillator (20): 4.66
Repulse (5,40,3): 0.8500
ROCnROLL: 1
TRIX (15,9): 0.5000
Courbe Coppock: 6.01
MA7: 158.49
MA20: 156.34
MA50: 143.70
MA100: 137.22
MAexp7: 158.75
MAexp20: 155.08
MAexp50: 147.09
MAexp100: 140.48
Price / MA7: +1.11%
Price / MA20: +2.50%
Price / MA50: +11.52%
Price / MA100: +16.78%
Price / MAexp7: +0.94%
Price / MAexp20: +3.33%
Price / MAexp50: +8.95%
Price / MAexp100: +14.07%

This member declared not having a position on this financial instrument or a related financial instrument.

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