LOGITECH INTERNATIONAL S.A. REGISTERED - Daily - Technical analysis published on 07/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 37.07 USD
My targets
39.60 USD (+0.20%)
40.81 USD (+3.26%)
My analysis
LOGITECH INTERNATIONAL S.A. REGISTERED is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 37.07 USD. The next resistance located at 39.60 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 40.81 USD. After this resistance, buyers could then target 41.94 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales 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
LOGITECH INTERNATIONAL S.A. REGISTERED rating 39.52 USD. The price has increased by +0.89% since the last closing and was between 39.27 USD and 39.61 USD. This implies that the price is at +0.64% from its lowest and at -0.23% from its highest.39.27
39.61
39.52
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of LOGITECH INTERNATIONAL S.A. REGISTERED in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
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 | 32.42 | 34.10 | 37.07 | 39.52 | 39.60 | 40.81 | 41.94 |
| Change (%) | -17.97% | -13.71% | -6.20% | - | +0.20% | +3.26% | +6.12% |
| Change | -7.10 | -5.42 | -2.45 | - | +0.08 | +1.29 | +2.42 |
| Level | Minor | Minor | Major | - | Intermediate | Major | Major |
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 | 38.41 | 38.65 | 38.91 | 39.15 | 39.41 | 39.65 | 39.91 |
| Camarilla | 39.03 | 39.08 | 39.12 | 39.17 | 39.22 | 39.26 | 39.31 |
| Woodie | 38.42 | 38.66 | 38.92 | 39.16 | 39.42 | 39.66 | 39.92 |
| Fibonacci | 38.65 | 38.84 | 38.96 | 39.15 | 39.34 | 39.46 | 39.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.38 | 37.75 | 38.64 | 40.00 | 40.89 | 42.25 | 43.15 |
| Camarilla | 38.91 | 39.12 | 39.32 | 39.53 | 39.74 | 39.94 | 40.15 |
| Woodie | 36.15 | 37.63 | 38.40 | 39.88 | 40.66 | 42.14 | 42.91 |
| Fibonacci | 37.75 | 38.61 | 39.14 | 40.00 | 40.86 | 41.39 | 42.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.63 | 34.17 | 36.96 | 38.50 | 41.29 | 42.83 | 45.62 |
| Camarilla | 38.57 | 38.97 | 39.36 | 39.76 | 40.16 | 40.55 | 40.95 |
| Woodie | 33.27 | 34.48 | 37.60 | 38.81 | 41.93 | 43.14 | 46.26 |
| Fibonacci | 34.17 | 35.82 | 36.84 | 38.50 | 40.15 | 41.17 | 42.83 |
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): | 55.40 | |
| MACD (12,26,9): | 0.3400 | |
| Directional Movement: | 3.77 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 39.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.90 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 38.40 | |
| Zig ZAG (10): | 39.52 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 34.37 | |
| TEMA (21): | 39.66 | |
| Williams %R (14): | -56.08 | |
| Chande Momentum Oscillator (20): | 1.31 | |
| Repulse (5,40,3): | 1.4800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 5.03 |
| MA7: | 39.27 | |
| MA20: | 38.93 | |
| MA50: | 38.29 | |
| MA100: | 38.70 | |
| MAexp7: | 39.27 | |
| MAexp20: | 38.96 | |
| MAexp50: | 38.62 | |
| MAexp100: | 38.38 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | +1.52% | |
| Price / MA50: | +3.21% | |
| Price / MA100: | +2.12% | |
| Price / MAexp7: | +0.64% | |
| Price / MAexp20: | +1.44% | |
| Price / MAexp50: | +2.33% | |
| Price / MAexp100: | +2.97% |
This member declared not having a position on this financial instrument or a related financial instrument.
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