DUPONT DE NEMOURS INC. - Daily - Technical analysis published on 06/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 83.26 USD
My targets
67.67 USD (-8.41%)
43.40 USD (-41.26%)
My analysis
DUPONT DE NEMOURS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 83.26 USD. The next support located at 67.67 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 43.40 USD. Below this support, sellers could then target 12.77 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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:
Additional analysis
Quotes
DUPONT DE NEMOURS INC. rating 73.88 USD. On the day, this instrument gained +0.05% and was traded between 73.81 USD and 74.39 USD over the period. The price is currently at +0.09% from its lowest and -0.69% from its highest.73.81
74.39
73.88
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DUPONT DE NEMOURS INC.:
Technical
Technical analysis of this Daily chart of DUPONT DE NEMOURS INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.77 | 43.40 | 67.67 | 73.88 | 83.26 | 90.30 | 96.13 |
| Change (%) | -82.72% | -41.26% | -8.41% | - | +12.70% | +22.23% | +30.12% |
| Change | -61.11 | -30.48 | -6.21 | - | +9.38 | +16.42 | +22.25 |
| Level | Minor | Minor | Major | - | Major | Minor | 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 | 71.73 | 72.37 | 73.11 | 73.75 | 74.49 | 75.13 | 75.87 |
| Camarilla | 73.46 | 73.59 | 73.71 | 73.84 | 73.97 | 74.09 | 74.22 |
| Woodie | 71.77 | 72.39 | 73.15 | 73.78 | 74.53 | 75.15 | 75.91 |
| Fibonacci | 72.37 | 72.90 | 73.23 | 73.75 | 74.28 | 74.61 | 75.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.06 | 70.76 | 72.70 | 74.40 | 76.34 | 78.04 | 79.98 |
| Camarilla | 73.64 | 73.97 | 74.31 | 74.64 | 74.97 | 75.31 | 75.64 |
| Woodie | 69.18 | 70.82 | 72.82 | 74.46 | 76.46 | 78.10 | 80.10 |
| Fibonacci | 70.76 | 72.15 | 73.01 | 74.40 | 75.79 | 76.65 | 78.04 |
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): | 29.83 | |
| MACD (12,26,9): | -4.6400 | |
| Directional Movement: | -30.86 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 70.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 75.66 | |
| Elder Ray (13): | -1.17 | |
| Super Trend (3,10): | 80.29 | |
| Zig ZAG (10): | 73.94 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 45.61 | |
| TEMA (21): | 71.53 | |
| Williams %R (14): | -58.52 | |
| Chande Momentum Oscillator (20): | 0.24 | |
| Repulse (5,40,3): | -0.3700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.9700 | |
| Courbe Coppock: | 5.86 |
| MA7: | 74.17 | |
| MA20: | 75.10 | |
| MA50: | 90.92 | |
| MA100: | 100.64 | |
| MAexp7: | 74.24 | |
| MAexp20: | 77.49 | |
| MAexp50: | 87.28 | |
| MAexp100: | 96.42 | |
| Price / MA7: | -0.39% | |
| Price / MA20: | -1.62% | |
| Price / MA50: | -18.74% | |
| Price / MA100: | -26.59% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -4.66% | |
| Price / MAexp50: | -15.35% | |
| Price / MAexp100: | -23.38% |
This member declared not having a position on this financial instrument or a related financial instrument.
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