COMMVAULT SYSTEMS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	CVLT
ISIN:

COMMVAULT SYSTEMS INC. - Daily - Technical analysis published on 08/02/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 46.00 USD

My targets

43.07 USD (-0.78%)

39.06 USD (-10.02%)

My analysis

The bearish trend is currently very strong for COMMVAULT SYSTEMS INC.. As long as the price remains below the resistance at 46.00 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 43.07 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 39.06 USD as an objective. Crossing it would then enable sellers to target 30.57 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Additional analysis

Quotes

The COMMVAULT SYSTEMS INC. rating is 43.41 USD. The price registered a decrease of -2.34% on the session and was between 43.26 USD and 44.21 USD. This implies that the price is at +0.35% from its lowest and at -1.81% from its highest.

43.26

44.21

43.41

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 COMMVAULT SYSTEMS INC.:

The study of the highest / lowest by the Central Records scanner shows the following results:

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of COMMVAULT SYSTEMS INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Support of channel is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.57	39.06	43.07	43.41	46.00	49.75	53.98
Change (%)	-29.58%	-10.02%	-0.78%	-	+5.97%	+14.60%	+24.35%
Change	-12.84	-4.35	-0.34	-	+2.59	+6.34	+10.57
Level	Major	Minor	Intermediate	-	Minor	Intermediate	Minor

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	41.60	42.80	43.62	44.82	45.64	46.84	47.66
Camarilla	43.90	44.08	44.27	44.45	44.64	44.82	45.01
Woodie	41.42	42.71	43.44	44.73	45.46	46.75	47.48
Fibonacci	42.80	43.57	44.05	44.82	45.59	46.07	46.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	48.39	49.04	49.67	50.32	50.95	51.60	52.23
Camarilla	49.96	50.08	50.19	50.31	50.43	50.55	50.66
Woodie	48.39	49.04	49.67	50.32	50.95	51.60	52.23
Fibonacci	49.04	49.53	49.83	50.32	50.81	51.11	51.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.60	40.00	42.72	47.12	49.84	54.24	56.96
Camarilla	43.48	44.14	44.79	45.44	46.09	46.75	47.40
Woodie	34.76	39.58	41.88	46.70	49.00	53.82	56.12
Fibonacci	40.00	42.72	44.40	47.12	49.84	51.52	54.24

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):	26.15
MACD (12,26,9):	-1.1200
Directional Movement:	-26.63
AROON (14):	-35.71
DEMA (21):	47.05
Parabolic SAR (0,02-0,02-0,2):	50.43
Elder Ray (13):	-3.77
Super Trend (3,10):	48.66
Zig ZAG (10):	43.32
VORTEX (21):	0.7100
Stochastique (14,3,5):	8.18
TEMA (21):	46.19
Williams %R (14):	-98.18
Chande Momentum Oscillator (20):	-6.73
Repulse (5,40,3):	-7.7500
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	14.98

MA7:	46.96
MA20:	49.14
MA50:	48.45
MA100:	53.79
MAexp7:	46.22
MAexp20:	48.17
MAexp50:	49.72
MAexp100:	52.63
Price / MA7:	-7.56%
Price / MA20:	-11.66%
Price / MA50:	-10.40%
Price / MA100:	-19.30%
Price / MAexp7:	-6.08%
Price / MAexp20:	-9.88%
Price / MAexp50:	-12.69%
Price / MAexp100:	-17.52%

News

Don"t forget to follow the news on COMMVAULT SYSTEMS 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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