TRUECAR INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TRUE
ISIN:

TRUECAR INC. - Daily - Technical analysis published on 04/18/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 4.85 USD

My targets

4.53 USD (-5.03%)

4.20 USD (-11.95%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TRUECAR INC. as long as the price remains well below 4.85 USD. The sellers” bearish objective is set at 4.53 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.20 USD. In case of crossing, the next objective would be the support located at 3.67 USD.

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

Force

4.1

Comment on the analysis

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 DipFarda. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TRUECAR INC. rating is 4.77 USD. The price is lower by -1.85% since the last closing with the lowest point at 4.70 USD and the highest point at 4.92 USD. The deviation from the price is +1.49% for the low point and -3.05% for the high point.

4.70

4.92

4.77

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 TRUECAR INC.:

Technical

Technical analysis of this Daily chart of TRUECAR INC. indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.67	4.20	4.53	4.77	4.85	5.12	5.44
Change (%)	-23.06%	-11.95%	-5.03%	-	+1.68%	+7.34%	+14.05%
Change	-1.10	-0.57	-0.24	-	+0.08	+0.35	+0.67
Level	Major	Minor	Major	-	Intermediate	Major	Major

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	4.45	4.58	4.67	4.80	4.89	5.02	5.11
Camarilla	4.71	4.73	4.75	4.77	4.79	4.81	4.83
Woodie	4.44	4.57	4.66	4.79	4.88	5.01	5.10
Fibonacci	4.58	4.66	4.71	4.80	4.88	4.93	5.02

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.33	4.52	4.64	4.83	4.95	5.14	5.26
Camarilla	4.69	4.71	4.74	4.77	4.80	4.83	4.86
Woodie	4.31	4.50	4.62	4.81	4.93	5.12	5.24
Fibonacci	4.52	4.64	4.71	4.83	4.95	5.02	5.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.83	3.64	4.21	5.02	5.59	6.40	6.97
Camarilla	4.40	4.53	4.65	4.78	4.91	5.03	5.16
Woodie	2.71	3.58	4.09	4.96	5.47	6.34	6.85
Fibonacci	3.64	4.17	4.49	5.02	5.55	5.87	6.40

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):	43.91
MACD (12,26,9):	-0.0400
Directional Movement:	-6.02
AROON (14):	42.86
DEMA (21):	4.87
Parabolic SAR (0,02-0,02-0,2):	5.02
Elder Ray (13):	-0.10
Super Trend (3,10):	5.44
Zig ZAG (10):	4.77
VORTEX (21):	0.9500
Stochastique (14,3,5):	41.48
TEMA (21):	4.84
Williams %R (14):	-78.85
Chande Momentum Oscillator (20):	0.03
Repulse (5,40,3):	-4.8800
ROCnROLL:	2
TRIX (15,9):	-0.1100
Courbe Coppock:	3.53

MA7:	4.90
MA20:	4.89
MA50:	5.06
MA100:	4.76
MAexp7:	4.87
MAexp20:	4.92
MAexp50:	4.93
MAexp100:	4.80
Price / MA7:	-2.65%
Price / MA20:	-2.45%
Price / MA50:	-5.73%
Price / MA100:	+0.21%
Price / MAexp7:	-2.05%
Price / MAexp20:	-3.05%
Price / MAexp50:	-3.25%
Price / MAexp100:	-0.63%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don"t forget to follow the news on TRUECAR INC.. At the time of publication of this analysis, the latest news was as follows:

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

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