FASTLY INC. CLASS A - Daily - Technical analysis published on 07/31/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 85.93 USD
My targets
101.91 USD (+10.10%)
My analysis
The bullish trend is currently very strong on FASTLY INC. CLASS A. As long as the price remains above the support at 85.93 USD, you could try to benefit from the boom. The first bullish objective is located at 101.91 USD. The bullish momentum would be boosted by a break in this resistance. 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
0
10
7.7
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 Mattkh. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FASTLY INC. CLASS A rating is 92.56 USD. On the day, this instrument gained +8.97% and was between 83.68 USD and 93.36 USD. This implies that the price is at +10.61% from its lowest and at -0.86% from its highest.83.68
93.36
92.56
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FASTLY INC. CLASS A:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this FASTLY INC. CLASS A chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 21.43 | 48.07 | 78.64 | 92.56 | 102.72 |
| Change (%) | -76.85% | -48.07% | -15.04% | - | +10.98% |
| Change | -71.13 | -44.49 | -13.92 | - | +10.16 |
| Level | Intermediate | Minor | Major | - | Major |
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 | 76.84 | 79.05 | 81.99 | 84.20 | 87.14 | 89.35 | 92.29 |
| Camarilla | 83.52 | 84.00 | 84.47 | 84.94 | 85.41 | 85.88 | 86.36 |
| Woodie | 77.22 | 79.23 | 82.37 | 84.38 | 87.52 | 89.53 | 92.67 |
| Fibonacci | 79.05 | 81.01 | 82.23 | 84.20 | 86.16 | 87.38 | 89.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.97 | 68.09 | 73.45 | 80.57 | 85.93 | 93.05 | 98.41 |
| Camarilla | 75.37 | 76.51 | 77.66 | 78.80 | 79.94 | 81.09 | 82.23 |
| Woodie | 60.08 | 67.65 | 72.56 | 80.13 | 85.04 | 92.61 | 97.52 |
| Fibonacci | 68.09 | 72.86 | 75.81 | 80.57 | 85.34 | 88.29 | 93.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.09 | 25.86 | 55.50 | 72.27 | 101.91 | 118.68 | 148.32 |
| Camarilla | 72.37 | 76.62 | 80.88 | 85.13 | 89.38 | 93.64 | 97.89 |
| Woodie | 15.52 | 29.08 | 61.93 | 75.49 | 108.34 | 121.90 | 154.75 |
| Fibonacci | 25.86 | 43.59 | 54.55 | 72.27 | 90.00 | 100.96 | 118.68 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.71 | |
| MACD (12,26,9): | 4.1200 | |
| Directional Movement: | 13.63 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 88.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 73.87 | |
| Elder Ray (13): | 4.94 | |
| Super Trend (3,10): | 98.49 | |
| Zig ZAG (10): | 92.56 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 48.98 | |
| TEMA (21): | 85.00 | |
| Williams %R (14): | -18.42 | |
| Chande Momentum Oscillator (20): | 10.69 | |
| Repulse (5,40,3): | 14.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.0200 | |
| Courbe Coppock: | 12.36 |
| MA7: | 82.96 | |
| MA20: | 85.11 | |
| MA50: | 67.89 | |
| MA100: | 45.33 | |
| MAexp7: | 84.66 | |
| MAexp20: | 81.84 | |
| MAexp50: | 69.43 | |
| MAexp100: | 54.50 | |
| Price / MA7: | +11.57% | |
| Price / MA20: | +8.75% | |
| Price / MA50: | +36.34% | |
| Price / MA100: | +104.19% | |
| Price / MAexp7: | +9.33% | |
| Price / MAexp20: | +13.10% | |
| Price / MAexp50: | +33.31% | |
| Price / MAexp100: | +69.83% |
Quotes :
2020-07-30 19:59:59
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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