QUEST DIAGNOSTICS INC.
QUEST DIAGNOSTICS INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DGX
ISIN:

QUEST DIAGNOSTICS INC. - Daily - Technical analysis published on 10/24/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 103.87 USD
My targets
97.68 USD (-2.40%)
90.80 USD (-9.27%)
My analysis
QUEST DIAGNOSTICS INC. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 103.87 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 97.68 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 90.80 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 85.21 USD. Beware of a possible return to above the resistance located at 103.87 USD which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
3.8

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:
15 min. 1H Weekly

Additional analysis

Quotes

The QUEST DIAGNOSTICS INC. price is 100.08 USD. The price is lower by -2.76% since the last closing and was between 99.71 USD and 102.81 USD. This implies that the price is at +0.37% from its lowest and at -2.66% from its highest.

99.71
102.81
100.08

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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



Technical


Technical analysis of this Daily chart of QUEST DIAGNOSTICS INC. indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily


Support of triangle is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 85.21 90.80 97.68 100.08 103.87 107.42 114.99
Change (%) -14.86% -9.27% -2.40% - +3.79% +7.33% +14.90%
Change -14.87 -9.28 -2.40 - +3.79 +7.34 +14.91
Level Minor Major Intermediate - Major Intermediate Major



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
Standard98.3299.56101.24102.49104.17105.41107.09
Camarilla102.12102.38102.65102.92103.19103.46103.72
Woodie98.5399.67101.46102.60104.38105.52107.31
Fibonacci99.56100.68101.37102.49103.61104.30105.41


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.8099.40101.03103.63105.26107.86109.49
Camarilla101.50101.88102.27102.66103.05103.44103.82
Woodie96.3299.16100.55103.39104.78107.62109.01
Fibonacci99.40101.02102.01103.63105.25106.24107.86


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard95.7998.31102.40104.91109.01111.52115.61
Camarilla104.68105.28105.89106.49107.10107.70108.31
Woodie96.5898.70103.19105.31109.80111.91116.40
Fibonacci98.31100.83102.39104.91107.44109.00111.52

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): 39.74
MACD (12,26,9): -0.5700
Directional Movement: -11.05
AROON (14): -35.71
DEMA (21): 102.80
Parabolic SAR (0,02-0,02-0,2): 105.67
Elder Ray (13): -1.67
Super Trend (3,10): 106.28
Zig ZAG (10): 100.25
VORTEX (21): 0.8200
Stochastique (14,3,5): 20.99
TEMA (21): 101.83
Williams %R (14): -92.94
Chande Momentum Oscillator (20): -1.97
Repulse (5,40,3): -3.1900
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 3.93
MA7: 102.77
MA20: 103.74
MA50: 103.39
MA100: 101.87
MAexp7: 102.22
MAexp20: 103.30
MAexp50: 103.05
MAexp100: 101.20
Price / MA7: -2.62%
Price / MA20: -3.53%
Price / MA50: -3.20%
Price / MA100: -1.76%
Price / MAexp7: -2.09%
Price / MAexp20: -3.12%
Price / MAexp50: -2.88%
Price / MAexp100: -1.11%

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

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