STURM RUGER & CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	RGR
ISIN:

STURM RUGER & CO. - Daily - Technical analysis published on 01/27/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 53.42 USD

My targets

59.79 USD (+6.83%)

62.91 USD (+12.40%)

My analysis

STURM RUGER & CO. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 53.42 USD. The next resistance located at 59.79 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 62.91 USD. After this resistance, buyers could then target 65.02 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

9.1

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

Additional analysis

Quotes

STURM RUGER & CO. rating 55.97 USD. The price registered an increase of +0.92% on the session and was between 55.27 USD and 55.98 USD. This implies that the price is at +1.27% from its lowest and at -0.02% from its highest.

55.27

55.98

55.97

A study of price movements over other periods shows the following variations:

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

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 STURM RUGER & CO. indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	48.85	50.62	53.42	55.97	56.65	59.79	62.91
Change (%)	-12.72%	-9.56%	-4.56%	-	+1.21%	+6.83%	+12.40%
Change	-7.12	-5.35	-2.55	-	+0.68	+3.82	+6.94
Level	Major	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
Standard	54.31	54.67	55.07	55.43	55.83	56.19	56.59
Camarilla	55.25	55.32	55.39	55.46	55.53	55.60	55.67
Woodie	54.32	54.68	55.08	55.44	55.84	56.20	56.60
Fibonacci	54.67	54.96	55.14	55.43	55.72	55.90	56.19

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.55	51.83	53.03	54.31	55.51	56.79	57.99
Camarilla	53.55	53.78	54.00	54.23	54.46	54.69	54.91
Woodie	50.51	51.81	52.99	54.29	55.47	56.77	57.95
Fibonacci	51.83	52.78	53.36	54.31	55.26	55.84	56.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.67	45.53	48.07	52.93	55.47	60.33	62.87
Camarilla	48.59	49.26	49.94	50.62	51.30	51.98	52.66
Woodie	39.52	44.95	46.92	52.35	54.32	59.75	61.72
Fibonacci	45.53	48.35	50.10	52.93	55.75	57.50	60.33

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):	65.83
MACD (12,26,9):	0.8500
Directional Movement:	16.30
AROON (14):	100.00
DEMA (21):	55.04
Parabolic SAR (0,02-0,02-0,2):	53.89
Elder Ray (13):	1.17
Super Trend (3,10):	52.67
Zig ZAG (10):	55.92
VORTEX (21):	1.1600
Stochastique (14,3,5):	94.67
TEMA (21):	55.38
Williams %R (14):	-1.82
Chande Momentum Oscillator (20):	2.51
Repulse (5,40,3):	2.2200
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	10.27

MA7:	54.76
MA20:	53.63
MA50:	52.72
MA100:	50.37
MAexp7:	55.01
MAexp20:	53.99
MAexp50:	52.76
MAexp100:	52.36
Price / MA7:	+2.21%
Price / MA20:	+4.36%
Price / MA50:	+6.16%
Price / MA100:	+11.12%
Price / MAexp7:	+1.75%
Price / MAexp20:	+3.67%
Price / MAexp50:	+6.08%
Price / MAexp100:	+6.89%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on STURM RUGER & CO. at the time of the analysis were as follows:

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

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