CHART INDUSTRIES INC. - Daily - Technical analysis published on 12/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 58.61 USD
My targets
64.44 USD (+4.00%)
70.02 USD (+13.01%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on CHART INDUSTRIES INC. as long as the price remains well above 58.61 USD. The buyers” bullish objective is set at 64.44 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 70.02 USD. If there is any crossing, the next objective would be the resistance located at 77.65 USD.
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
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 CHART INDUSTRIES INC. rating is 61.96 USD. The price has increased by +2.89% since the last closing and was between 59.65 USD and 61.96 USD. This implies that the price is at +3.87% from its lowest and at 0% from its highest.59.65
61.96
61.96
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CHART INDUSTRIES INC. in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.89 | 52.92 | 58.61 | 61.96 | 70.02 | 77.65 | 84.43 |
| Change (%) | -40.46% | -14.59% | -5.41% | - | +13.01% | +25.32% | +36.27% |
| Change | -25.07 | -9.04 | -3.35 | - | +8.06 | +15.69 | +22.47 |
| Level | Intermediate | Major | Major | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.46 | 58.98 | 59.60 | 60.12 | 60.74 | 61.26 | 61.88 |
| Camarilla | 59.91 | 60.01 | 60.12 | 60.22 | 60.32 | 60.43 | 60.53 |
| Woodie | 58.51 | 59.01 | 59.65 | 60.15 | 60.79 | 61.29 | 61.93 |
| Fibonacci | 58.98 | 59.42 | 59.69 | 60.12 | 60.56 | 60.83 | 61.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.33 | 53.11 | 56.10 | 57.88 | 60.87 | 62.65 | 65.64 |
| Camarilla | 57.79 | 58.23 | 58.66 | 59.10 | 59.54 | 59.97 | 60.41 |
| Woodie | 51.95 | 53.41 | 56.72 | 58.18 | 61.49 | 62.95 | 66.26 |
| Fibonacci | 53.11 | 54.93 | 56.06 | 57.88 | 59.70 | 60.83 | 62.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.16 | 47.78 | 51.49 | 56.11 | 59.82 | 64.44 | 68.15 |
| Camarilla | 52.91 | 53.67 | 54.44 | 55.20 | 55.96 | 56.73 | 57.49 |
| Woodie | 42.71 | 47.55 | 51.04 | 55.88 | 59.37 | 64.21 | 67.70 |
| Fibonacci | 47.78 | 50.96 | 52.93 | 56.11 | 59.29 | 61.26 | 64.44 |
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): | 70.03 | |
| MACD (12,26,9): | 0.7800 | |
| Directional Movement: | 21.39 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 57.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.32 | |
| Elder Ray (13): | 3.34 | |
| Super Trend (3,10): | 55.60 | |
| Zig ZAG (10): | 61.96 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 95.82 | |
| TEMA (21): | 59.09 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 6.76 | |
| Repulse (5,40,3): | 7.5900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 15.77 |
| MA7: | 58.46 | |
| MA20: | 55.48 | |
| MA50: | 57.07 | |
| MA100: | 60.76 | |
| MAexp7: | 58.84 | |
| MAexp20: | 56.91 | |
| MAexp50: | 57.85 | |
| MAexp100: | 61.30 | |
| Price / MA7: | +5.99% | |
| Price / MA20: | +11.68% | |
| Price / MA50: | +8.57% | |
| Price / MA100: | +1.97% | |
| Price / MAexp7: | +5.30% | |
| Price / MAexp20: | +8.87% | |
| Price / MAexp50: | +7.10% | |
| Price / MAexp100: | +1.08% |
News
Don"t forget to follow the news on CHART INDUSTRIES INC.. At the time of publication of this analysis, the latest news was as follows:
- Stabilis Energy Announces Closing of Previously Announced Strategic Investment from Chart Industries Transaction
- Chart Industries and Stabilis Energy Invest in Small-Scale LNG North American Growth
- Consolidated Research: 2019 Summary Expectations for Telephone and Data, EMCOR Group, Chart Industries, Alarm, Flexion Therapeutics, and Social Reality — Fundamental Analysis, Key Performance Indications
- Chart Industries, Inc. to Host Earnings Call
- Chart Industries, 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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