THE KRAFT HEINZ CO. - Daily - Technical analysis published on 07/03/2019 (GMT)
- 268
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 33.27 USD
My targets
30.48 USD (-0.13%)
27.40 USD (-10.22%)
My analysis
The basic trend is very bearish on THE KRAFT HEINZ CO. but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on THE KRAFT HEINZ CO.. As long as you stay below the resistance 33.27 USD, sellers” retain the upper hand. A break in the support at 30.48 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 27.40 USD as an objective. If the price were to depress the resistance 33.27 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
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
The THE KRAFT HEINZ CO. price is 30.52 USD. The price registered an increase of +0.20% on the session with the lowest point at 30.23 USD and the highest point at 30.64 USD. The deviation from the price is +0.96% for the low point and -0.39% for the high point.30.23
30.64
30.52
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THE KRAFT HEINZ CO.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of THE KRAFT HEINZ CO. indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
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 technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
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:
Near horizontal support
Type : Bullish
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 27.40 | 30.48 | 30.52 | 33.27 | 42.54 | 48.23 |
| Change (%) | -10.22% | -0.13% | - | +9.01% | +39.38% | +58.03% |
| Change | -3.12 | -0.04 | - | +2.75 | +12.02 | +17.71 |
| Level | Major | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.94 | 29.63 | 30.05 | 30.74 | 31.16 | 31.85 | 32.27 |
| Camarilla | 30.15 | 30.26 | 30.36 | 30.46 | 30.56 | 30.66 | 30.77 |
| Woodie | 28.80 | 29.56 | 29.91 | 30.67 | 31.01 | 31.78 | 32.12 |
| Fibonacci | 29.63 | 30.06 | 30.32 | 30.74 | 31.17 | 31.43 | 31.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.99 | 29.57 | 30.31 | 30.89 | 31.63 | 32.21 | 32.95 |
| Camarilla | 30.68 | 30.80 | 30.92 | 31.04 | 31.16 | 31.28 | 31.40 |
| Woodie | 29.06 | 29.61 | 30.38 | 30.93 | 31.70 | 32.25 | 33.02 |
| Fibonacci | 29.57 | 30.08 | 30.39 | 30.89 | 31.40 | 31.71 | 32.21 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.01 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 5.42 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 30.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.48 | |
| Elder Ray (13): | -0.16 | |
| Super Trend (3,10): | 29.23 | |
| Zig ZAG (10): | 30.52 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 46.83 | |
| TEMA (21): | 30.91 | |
| Williams %R (14): | -64.47 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | -0.8100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 7.58 |
| MA7: | 30.69 | |
| MA20: | 30.30 | |
| MA50: | 31.09 | |
| MA100: | 33.25 | |
| MAexp7: | 30.67 | |
| MAexp20: | 30.54 | |
| MAexp50: | 31.34 | |
| MAexp100: | 34.34 | |
| Price / MA7: | -0.55% | |
| Price / MA20: | +0.73% | |
| Price / MA50: | -1.83% | |
| Price / MA100: | -8.21% | |
| Price / MAexp7: | -0.49% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -2.62% | |
| Price / MAexp100: | -11.12% |
News
The last news published on THE KRAFT HEINZ CO. at the time of the generation of this analysis was as follows:
- Scott+Scott Attorneys at Law LLP Investigating Kraft Heinz's Directors and Officers for Breach of Fiduciary Duties - KHC
- Calling All “Rad Dads” of America: BAGEL BITES and Tony Hawk Want You to Join the #RadDadSquad
- Oscar Mayer and Ryan Newman Bring All-American Paint Scheme to Charlotte
- Maxwell House Becomes Official Coffee Partner of the United Service Organizations (USO) to Support the Hard Work of Service Members and Their Families
- Oscar Mayer, Rise Against Hunger and Roush Fenway Racing Team up to Fight Hunger
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis THE KRAFT HEINZ CO. - Daily