HOSTESS BRANDS INC. - Daily - Technical analysis published on 01/23/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
HOSTESS BRANDS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
17%
50%
33%
My opinion
Bearish under 14.24 USD
My targets
13.61 USD (-2.51%)
13.10 USD (-6.16%)
My analysis
The current short-term bearish acceleration registered on HOSTESS BRANDS INC. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 14.24 USD. Short-term sellers will use the support located at 13.61 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 13.10 USD. Crossing this support would then open the door for sellers to target 12.91 USD. Caution, if there is a return to below 14.24 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
2.5
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
HOSTESS BRANDS INC. rating 13.96 USD. On the day, this instrument lost +1.01% and was between 13.83 USD and 14.05 USD. This implies that the price is at +0.94% from its lowest and at -0.64% from its highest.13.83
14.05
13.96
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of HOSTESS BRANDS INC. in Daily shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.91 | 13.10 | 13.61 | 13.96 | 14.03 | 14.24 | 14.43 |
| Change (%) | -7.52% | -6.16% | -2.51% | - | +0.50% | +2.01% | +3.37% |
| Change | -1.05 | -0.86 | -0.35 | - | +0.07 | +0.28 | +0.47 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.53 | 13.67 | 13.74 | 13.88 | 13.95 | 14.09 | 14.16 |
| Camarilla | 13.76 | 13.78 | 13.80 | 13.82 | 13.84 | 13.86 | 13.88 |
| Woodie | 13.51 | 13.65 | 13.72 | 13.86 | 13.93 | 14.07 | 14.14 |
| Fibonacci | 13.67 | 13.75 | 13.80 | 13.88 | 13.96 | 14.01 | 14.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.49 | 13.63 | 13.82 | 13.96 | 14.16 | 14.30 | 14.50 |
| Camarilla | 13.93 | 13.96 | 13.99 | 14.02 | 14.05 | 14.08 | 14.11 |
| Woodie | 13.52 | 13.64 | 13.85 | 13.98 | 14.19 | 14.31 | 14.52 |
| Fibonacci | 13.63 | 13.75 | 13.83 | 13.96 | 14.09 | 14.17 | 14.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.37 | 12.86 | 13.70 | 14.19 | 15.03 | 15.52 | 16.36 |
| Camarilla | 14.17 | 14.30 | 14.42 | 14.54 | 14.66 | 14.78 | 14.91 |
| Woodie | 12.55 | 12.95 | 13.88 | 14.28 | 15.21 | 15.61 | 16.54 |
| Fibonacci | 12.86 | 13.37 | 13.68 | 14.19 | 14.70 | 15.01 | 15.52 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.44 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -12.77 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 14.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.36 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 14.53 | |
| Zig ZAG (10): | 13.96 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 18.73 | |
| TEMA (21): | 13.89 | |
| Williams %R (14): | -67.09 | |
| Chande Momentum Oscillator (20): | -0.28 | |
| Repulse (5,40,3): | -1.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 6.62 |
| MA7: | 13.93 | |
| MA20: | 14.18 | |
| MA50: | 13.98 | |
| MA100: | 13.77 | |
| MAexp7: | 13.96 | |
| MAexp20: | 14.07 | |
| MAexp50: | 13.98 | |
| MAexp100: | 13.84 | |
| Price / MA7: | +0.22% | |
| Price / MA20: | -1.55% | |
| Price / MA50: | -0.14% | |
| Price / MA100: | +1.38% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | +0.87% |
News
The last news published on HOSTESS BRANDS INC. at the time of the generation of this analysis was 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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