ALTISOURCE PORTFOLIO SOLUTIONS S.A. - Daily - Technical analysis published on 09/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 21.92 USD
My targets
22.67 USD (+2.07%)
24.12 USD (+8.60%)
My analysis
ALTISOURCE PORTFOLIO SOLUTIONS S.A. 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 21.92 USD. The next resistance located at 22.67 USD is the next bullish target 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 24.12 USD. After this resistance, buyers could then target 25.40 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALTISOURCE PORTFOLIO SOLUTIONS S.A. price is 22.21 USD. On the day, this instrument gained +1.42% and was between 21.78 USD and 22.36 USD. This implies that the price is at +1.97% from its lowest and at -0.67% from its highest.21.78
22.36
22.21
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ALTISOURCE PORTFOLIO SOLUTIONS S.A.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ALTISOURCE PORTFOLIO SOLUTIONS S.A. in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : Daily
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19.66 | 20.33 | 21.92 | 22.21 | 22.67 | 24.12 | 25.40 |
| Change (%) | -11.48% | -8.46% | -1.31% | - | +2.07% | +8.60% | +14.36% |
| Change | -2.55 | -1.88 | -0.29 | - | +0.46 | +1.91 | +3.19 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 20.71 | 21.07 | 21.48 | 21.84 | 22.25 | 22.61 | 23.02 |
| Camarilla | 21.69 | 21.76 | 21.83 | 21.90 | 21.97 | 22.04 | 22.11 |
| Woodie | 20.75 | 21.08 | 21.52 | 21.85 | 22.29 | 22.62 | 23.06 |
| Fibonacci | 21.07 | 21.36 | 21.54 | 21.84 | 22.13 | 22.31 | 22.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.24 | 18.83 | 19.77 | 20.36 | 21.30 | 21.89 | 22.83 |
| Camarilla | 20.28 | 20.42 | 20.56 | 20.70 | 20.84 | 20.98 | 21.12 |
| Woodie | 18.41 | 18.92 | 19.94 | 20.45 | 21.47 | 21.98 | 23.00 |
| Fibonacci | 18.83 | 19.42 | 19.78 | 20.36 | 20.95 | 21.31 | 21.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.24 | 16.79 | 18.29 | 19.84 | 21.34 | 22.89 | 24.39 |
| Camarilla | 18.96 | 19.24 | 19.52 | 19.80 | 20.08 | 20.36 | 20.64 |
| Woodie | 15.23 | 16.78 | 18.28 | 19.83 | 21.33 | 22.88 | 24.38 |
| Fibonacci | 16.79 | 17.95 | 18.67 | 19.84 | 21.00 | 21.72 | 22.89 |
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): | 68.56 | |
| MACD (12,26,9): | 0.5700 | |
| Directional Movement: | 14.65 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 21.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.39 | |
| Elder Ray (13): | 1.05 | |
| Super Trend (3,10): | 19.77 | |
| Zig ZAG (10): | 22.21 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 88.28 | |
| TEMA (21): | 21.89 | |
| Williams %R (14): | -7.81 | |
| Chande Momentum Oscillator (20): | 3.18 | |
| Repulse (5,40,3): | 2.7400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 22.57 |
| MA7: | 21.63 | |
| MA20: | 20.26 | |
| MA50: | 20.35 | |
| MA100: | 20.86 | |
| MAexp7: | 21.58 | |
| MAexp20: | 20.68 | |
| MAexp50: | 20.45 | |
| MAexp100: | 21.09 | |
| Price / MA7: | +2.68% | |
| Price / MA20: | +9.62% | |
| Price / MA50: | +9.14% | |
| Price / MA100: | +6.47% | |
| Price / MAexp7: | +2.92% | |
| Price / MAexp20: | +7.40% | |
| Price / MAexp50: | +8.61% | |
| Price / MAexp100: | +5.31% |
News
Don"t forget to follow the news on ALTISOURCE PORTFOLIO SOLUTIONS S.A.. At the time of publication of this analysis, the latest news was as follows:
- Report: Exploring Fundamental Drivers Behind Century Aluminum, Insteel Industries, Altisource Portfolio Solutions S.A, Enova International, Stewart Information Services, and Interpace Diagnostics Group — New Horizons, Emerging Trends, and Upcoming Developments
- ALTISOURCE NOTIFICATION: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Altisource Portfolio Solutions S.A. To Contact The Firm
- Altisource Announces Third Quarter Results
- Altisource Portfolio Solutions Schedules Third Quarter Conference Call
- Altisource Portfolio Solutions Comments on Agreement With Altisource Residential Corporation
This member declared not having a position on this financial instrument or a related financial instrument.
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