VIACOMCBS INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	VIAC
ISIN:

VIACOMCBS INC. - Daily - Technical analysis published on 03/21/2021 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

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VIACOMCBS INC. Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 88.84 USD

My targets

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VIACOMCBS INC. as long as the price remains well above 88.84 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

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 renierlemmens.

Additional analysis

Quotes

The VIACOMCBS INC. price is 97.35 USD. On the day, this instrument gained +0.61% and was between 95.41 USD and 98.60 USD. This implies that the price is at +2.03% from its lowest and at -1.27% from its highest.

95.41

98.60

97.35

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this VIACOMCBS INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

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 over resistance 3

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	66.14	78.80	88.84	97.35
Change (%)	-32.06%	-19.05%	-8.74%	-
Change	-31.21	-18.55	-8.51	-
Level	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	92.46	93.94	95.65	97.13	98.84	100.32	102.03
Camarilla	96.49	96.79	97.08	97.37	97.66	97.96	98.25
Woodie	92.59	94.00	95.78	97.19	98.97	100.38	102.16
Fibonacci	93.94	95.16	95.91	97.13	98.35	99.10	100.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	72.57	79.37	88.37	95.17	104.17	110.97	119.97
Camarilla	93.03	94.47	95.92	97.37	98.82	100.27	101.72
Woodie	73.67	79.92	89.47	95.72	105.27	111.52	121.07
Fibonacci	79.37	85.41	89.13	95.17	101.21	104.93	110.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.21	40.77	52.54	60.10	71.87	79.43	91.20
Camarilla	58.99	60.77	62.54	64.31	66.08	67.85	69.63
Woodie	35.32	41.82	54.65	61.15	73.98	80.48	93.31
Fibonacci	40.77	48.15	52.72	60.10	67.48	72.05	79.43

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	78.91
MACD (12,26,9):	10.5600
Directional Movement:	29.08
AROON (14):	71.43
DEMA (21):	94.98
Parabolic SAR (0,02-0,02-0,2):	86.17
Elder Ray (13):	9.76
Super Trend (3,10):	81.92
Zig ZAG (10):	97.35
VORTEX (21):	1.2900
Stochastique (14,3,5):	83.14
TEMA (21):	99.04
Williams %R (14):	-13.13
Chande Momentum Oscillator (20):	26.44
Repulse (5,40,3):	9.0700
ROCnROLL:	1
TRIX (15,9):	2.1100
Courbe Coppock:	83.30

MA7:	94.32
MA20:	79.12
MA50:	61.99
MA100:	47.87
MAexp7:	92.96
MAexp20:	81.60
MAexp50:	66.31
MAexp100:	53.72
Price / MA7:	+3.21%
Price / MA20:	+23.04%
Price / MA50:	+57.04%
Price / MA100:	+103.36%
Price / MAexp7:	+4.72%
Price / MAexp20:	+19.30%
Price / MAexp50:	+46.81%
Price / MAexp100:	+81.22%

Quotes : 2021-03-19 19:59:59 - 15 min delayed data - NASDAQ Stocks

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

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