VIACOMCBS INC.
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)

  • 281
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : WITHOUT TARGET

Download a full-size picture

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
0%
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
0
10
8.6

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.

Central Gaps

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:

Central Records

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:

Central Volumes

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:

Central Indicators

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:

Central Indicators

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:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
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
Standard92.4693.9495.6597.1398.84100.32102.03
Camarilla96.4996.7997.0897.3797.6697.9698.25
Woodie92.5994.0095.7897.1998.97100.38102.16
Fibonacci93.9495.1695.9197.1398.3599.10100.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard72.5779.3788.3795.17104.17110.97119.97
Camarilla93.0394.4795.9297.3798.82100.27101.72
Woodie73.6779.9289.4795.72105.27111.52121.07
Fibonacci79.3785.4189.1395.17101.21104.93110.97


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.2140.7752.5460.1071.8779.4391.20
Camarilla58.9960.7762.5464.3166.0867.8569.63
Woodie35.3241.8254.6561.1573.9880.4893.31
Fibonacci40.7748.1552.7260.1067.4872.0579.43

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.

About author

Online

Overall rating :
16050
Number of analyses :
Followers :
0
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 VIACOMCBS INC. - Daily