CORELOGIC INC. - Daily - Technical analysis published on 11/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
CORELOGIC INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
44%
33%
22%
My opinion
Bearish under 40.67 USD
My targets
38.84 USD (-2.49%)
35.01 USD (-12.10%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CORELOGIC INC. as long as the price remains well below 40.67 USD. The sellers” bearish objective is set at 38.84 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 35.01 USD. In case of crossing, the next objective would be the support located at 32.12 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.7
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
CORELOGIC INC. rating 39.83 USD. On the day, this instrument gained +1.22% and was traded between 39.33 USD and 39.90 USD over the period. The price is currently at +1.27% from its lowest and -0.18% from its highest.39.33
39.90
39.83
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CORELOGIC INC. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly 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, 8 are bullish, 4 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 32.12 | 35.01 | 38.84 | 39.83 | 40.67 | 42.26 | 45.29 |
| Change (%) | -19.36% | -12.10% | -2.49% | - | +2.11% | +6.10% | +13.71% |
| Change | -7.71 | -4.82 | -0.99 | - | +0.84 | +2.43 | +5.46 |
| Level | Major | Major | Major | - | Intermediate | Major | Intermediate |
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 | 38.46 | 38.67 | 39.01 | 39.22 | 39.56 | 39.77 | 40.11 |
| Camarilla | 39.20 | 39.25 | 39.30 | 39.35 | 39.40 | 39.45 | 39.50 |
| Woodie | 38.53 | 38.70 | 39.08 | 39.25 | 39.63 | 39.80 | 40.18 |
| Fibonacci | 38.67 | 38.88 | 39.01 | 39.22 | 39.43 | 39.56 | 39.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.84 | 37.81 | 38.37 | 39.34 | 39.90 | 40.87 | 41.43 |
| Camarilla | 38.51 | 38.65 | 38.79 | 38.93 | 39.07 | 39.21 | 39.35 |
| Woodie | 36.64 | 37.71 | 38.17 | 39.24 | 39.70 | 40.77 | 41.23 |
| Fibonacci | 37.81 | 38.39 | 38.76 | 39.34 | 39.92 | 40.29 | 40.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.60 | 33.26 | 36.87 | 42.53 | 46.14 | 51.80 | 55.41 |
| Camarilla | 37.94 | 38.79 | 39.64 | 40.49 | 41.34 | 42.19 | 43.04 |
| Woodie | 26.59 | 32.75 | 35.86 | 42.02 | 45.13 | 51.29 | 54.40 |
| Fibonacci | 33.26 | 36.80 | 38.99 | 42.53 | 46.07 | 48.26 | 51.80 |
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): | 37.01 | |
| MACD (12,26,9): | -1.6600 | |
| Directional Movement: | -17.97 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 38.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 44.13 | |
| Elder Ray (13): | -0.33 | |
| Super Trend (3,10): | 41.73 | |
| Zig ZAG (10): | 39.83 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 32.02 | |
| TEMA (21): | 38.00 | |
| Williams %R (14): | -46.59 | |
| Chande Momentum Oscillator (20): | -0.31 | |
| Repulse (5,40,3): | 2.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.6000 | |
| Courbe Coppock: | 15.92 |
| MA7: | 39.09 | |
| MA20: | 40.83 | |
| MA50: | 44.23 | |
| MA100: | 44.94 | |
| MAexp7: | 39.37 | |
| MAexp20: | 40.82 | |
| MAexp50: | 43.06 | |
| MAexp100: | 43.60 | |
| Price / MA7: | +1.89% | |
| Price / MA20: | -2.45% | |
| Price / MA50: | -9.95% | |
| Price / MA100: | -11.37% | |
| Price / MAexp7: | +1.17% | |
| Price / MAexp20: | -2.43% | |
| Price / MAexp50: | -7.50% | |
| Price / MAexp100: | -8.65% |
News
The last news published on CORELOGIC INC. at the time of the generation of this analysis was as follows:
- Las Vegas Drops Out Of Top Three Cities In Annual Gains According To S&P CoreLogic Case-Shiller Index
- CoreLogic Reports U.S. Overall Delinquency Rate Lowest for a July in at Least 20 Years but Four States Post Annual Gains
- CoreLogic Reports August Home Prices Increased by 3.6% Year Over Year
- CoreLogic to Announce Third Quarter 2019 Financial Results
- Charlotte Joins Top Three Cities In Annual Home Price Gains According To S&P CoreLogic Case-Shiller Index
This member declared not having a position on this financial instrument or a related financial instrument.
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