CLOVIS ONCOLOGY INC.
CLOVIS ONCOLOGY INC.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CLVS
ISIN:

CLOVIS ONCOLOGY INC. - Daily - Technical analysis published on 02/26/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 8.35 USD
My targets
7.16 USD (-10.39%)
6.04 USD (-24.41%)
My analysis
CLOVIS ONCOLOGY 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 8.35 USD. The next support located at 7.16 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 6.04 USD. Below this support, sellers could then target 3.00 USD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.8

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 CLOVIS ONCOLOGY INC. price is 7.99 USD. On the day, this instrument lost -19.46% and was traded between 7.60 USD and 9.35 USD over the period. The price is currently at +5.13% from its lowest and -14.55% from its highest.

7.60
9.35
7.99

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CLOVIS ONCOLOGY INC.:
Abnormal volumes on CLOVIS ONCOLOGY INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of CLOVIS ONCOLOGY INC. in Daily shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 3.00 6.04 7.99 8.35 10.09 12.86
Change (%) -62.45% -24.41% - +4.51% +26.28% +60.95%
Change -4.99 -1.95 - +0.36 +2.10 +4.87
Level Major Intermediate - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.188.849.3810.0410.5811.2411.78
Camarilla9.599.709.819.9210.0310.1410.25
Woodie8.128.819.3210.0110.5211.2111.72
Fibonacci8.849.309.5810.0410.5010.7811.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.968.029.5110.5712.0613.1214.61
Camarilla10.3010.5310.7711.0011.2311.4711.70
Woodie7.188.139.7310.6812.2813.2314.83
Fibonacci8.028.999.6010.5711.5412.1513.12


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.976.037.169.2210.3512.4113.54
Camarilla7.417.718.008.298.588.889.17
Woodie3.515.806.708.999.8912.1813.08
Fibonacci6.037.258.009.2210.4411.1912.41

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): 39.52
MACD (12,26,9): 0.0500
Directional Movement: -2.95
AROON (14): -21.43
DEMA (21): 9.66
Parabolic SAR (0,02-0,02-0,2): 11.63
Elder Ray (13): -1.18
Super Trend (3,10): 11.01
Zig ZAG (10): 7.99
VORTEX (21): 0.9000
Stochastique (14,3,5): 46.63
TEMA (21): 9.74
Williams %R (14): -90.32
Chande Momentum Oscillator (20): -2.11
Repulse (5,40,3): -18.5200
ROCnROLL: 2
TRIX (15,9): 0.0600
Courbe Coppock: 21.59
MA7: 9.84
MA20: 9.43
MA50: 9.99
MA100: 8.09
MAexp7: 9.62
MAexp20: 9.62
MAexp50: 9.44
MAexp100: 9.24
Price / MA7: -18.80%
Price / MA20: -15.27%
Price / MA50: -20.02%
Price / MA100: -1.24%
Price / MAexp7: -16.94%
Price / MAexp20: -16.94%
Price / MAexp50: -15.36%
Price / MAexp100: -13.53%

This member declared not having a position on this financial instrument or a related financial instrument.

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