HOSTESS BRANDS INC. - Daily - Technical analysis published on 08/07/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
HOSTESS BRANDS INC. Chart
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 14.00 USD
My targets
14.73 USD (+2.51%)
15.27 USD (+6.26%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HOSTESS BRANDS INC. as long as the price remains well above 14.00 USD. The buyers” bullish objective is set at 14.73 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.27 USD. If there is any crossing, the next objective would be the resistance located at 16.49 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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.
Additional analysis
Quotes
The HOSTESS BRANDS INC. price is 14.37 USD. The price registered an increase of +1.99% on the session and was between 14.02 USD and 14.42 USD. This implies that the price is at +2.50% from its lowest and at -0.35% from its highest.14.02
14.42
14.37
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HOSTESS BRANDS INC.:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of HOSTESS BRANDS INC. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -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 : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
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 | 12.25 | 13.11 | 14.00 | 14.37 | 14.73 | 15.27 | 16.49 |
| Change (%) | -14.75% | -8.77% | -2.57% | - | +2.51% | +6.26% | +14.75% |
| Change | -2.12 | -1.26 | -0.37 | - | +0.36 | +0.90 | +2.12 |
| Level | Minor | Intermediate | Major | - | Major | Minor | 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 | 13.43 | 13.65 | 13.87 | 14.10 | 14.32 | 14.54 | 14.76 |
| Camarilla | 13.97 | 14.01 | 14.05 | 14.09 | 14.13 | 14.17 | 14.21 |
| Woodie | 13.42 | 13.65 | 13.87 | 14.09 | 14.31 | 14.54 | 14.76 |
| Fibonacci | 13.65 | 13.82 | 13.93 | 14.10 | 14.27 | 14.37 | 14.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.39 | 13.62 | 13.96 | 14.19 | 14.53 | 14.76 | 15.10 |
| Camarilla | 14.15 | 14.21 | 14.26 | 14.31 | 14.36 | 14.42 | 14.47 |
| Woodie | 13.46 | 13.65 | 14.03 | 14.22 | 14.60 | 14.79 | 15.17 |
| Fibonacci | 13.62 | 13.83 | 13.97 | 14.19 | 14.40 | 14.54 | 14.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.67 | 13.25 | 13.69 | 14.27 | 14.71 | 15.29 | 15.73 |
| Camarilla | 13.84 | 13.93 | 14.03 | 14.12 | 14.21 | 14.31 | 14.40 |
| Woodie | 12.59 | 13.22 | 13.61 | 14.24 | 14.63 | 15.26 | 15.65 |
| Fibonacci | 13.25 | 13.64 | 13.88 | 14.27 | 14.66 | 14.90 | 15.29 |
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): | 54.57 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -4.48 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 14.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.86 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 13.95 | |
| Zig ZAG (10): | 14.37 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 54.57 | |
| TEMA (21): | 14.18 | |
| Williams %R (14): | -24.29 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 2.6100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 4.03 |
| MA7: | 14.19 | |
| MA20: | 14.34 | |
| MA50: | 14.04 | |
| MA100: | 13.52 | |
| MAexp7: | 14.23 | |
| MAexp20: | 14.26 | |
| MAexp50: | 14.04 | |
| MAexp100: | 13.56 | |
| Price / MA7: | +1.27% | |
| Price / MA20: | +0.21% | |
| Price / MA50: | +2.35% | |
| Price / MA100: | +6.29% | |
| Price / MAexp7: | +0.98% | |
| Price / MAexp20: | +0.77% | |
| Price / MAexp50: | +2.35% | |
| Price / MAexp100: | +5.97% |
News
The latest news and videos published on HOSTESS BRANDS INC. at the time of the analysis were as follows:
- Hostess Brands, Inc. to Report Fourth Quarter and Full Year 2018 Financial Results on February 27, 2019
- Market Trends Toward New Normal in Altria Group, WesBanco, NVR, Investors Real Estate Trust, Kaman, and Hostess Brands — Emerging Consolidated Expectations, Analyst Ratings
- Hostess Brands, Inc. Class A to Host Earnings Call
- Investor Network: Hostess Brands, Inc. to Host Earnings Call
- Investor Network: Hostess Brands, 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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