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 02/02/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 56.14 USD

My targets

59.79 USD (+3.96%)

62.91 USD (+9.39%)

My analysis

The bullish trend is currently very strong on STURM RUGER & CO.. As long as the price remains above the support at 56.14 USD, you could try to benefit from the boom. The first bullish objective is located at 59.79 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 62.91 USD as an objective. Crossing it would then enable buyers to target 65.02 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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

The STURM RUGER & CO. price is 57.51 USD. The price registered an increase of +0.40% on the session and was traded between 57.05 USD and 57.53 USD over the period. The price is currently at +0.81% from its lowest and -0.03% from its highest.

57.05

57.53

57.51

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of STURM RUGER & CO. in Daily shows a strongly overall 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.

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

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	50.52	53.42	56.14	57.51	59.79	62.91	65.02
Change (%)	-12.15%	-7.11%	-2.38%	-	+3.96%	+9.39%	+13.06%
Change	-6.99	-4.09	-1.37	-	+2.28	+5.40	+7.51
Level	Major	Intermediate	Major	-	Major	Major	Minor

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	54.84	55.57	56.42	57.15	58.00	58.73	59.58
Camarilla	56.85	56.99	57.14	57.28	57.43	57.57	57.72
Woodie	54.91	55.60	56.49	57.18	58.07	58.76	59.65
Fibonacci	55.57	56.17	56.54	57.15	57.75	58.12	58.73

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.41	53.16	54.49	55.24	56.57	57.32	58.65
Camarilla	55.26	55.45	55.64	55.83	56.02	56.21	56.40
Woodie	52.71	53.31	54.79	55.39	56.87	57.47	58.95
Fibonacci	53.16	53.95	54.44	55.24	56.03	56.52	57.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.24	49.17	53.04	54.97	58.84	60.77	64.64
Camarilla	55.31	55.84	56.37	56.90	57.43	57.96	58.50
Woodie	48.20	49.66	54.00	55.46	59.80	61.26	65.60
Fibonacci	49.17	51.39	52.76	54.97	57.19	58.56	60.77

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):	70.82
MACD (12,26,9):	1.1600
Directional Movement:	23.80
AROON (14):	64.29
DEMA (21):	56.36
Parabolic SAR (0,02-0,02-0,2):	55.52
Elder Ray (13):	1.71
Super Trend (3,10):	54.32
Zig ZAG (10):	57.45
VORTEX (21):	1.2800
Stochastique (14,3,5):	92.84
TEMA (21):	56.91
Williams %R (14):	-8.82
Chande Momentum Oscillator (20):	3.21
Repulse (5,40,3):	2.5700
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	9.87

MA7:	56.27
MA20:	54.68
MA50:	53.24
MA100:	50.70
MAexp7:	56.38
MAexp20:	54.93
MAexp50:	53.36
MAexp100:	52.71
Price / MA7:	+2.20%
Price / MA20:	+5.18%
Price / MA50:	+8.02%
Price / MA100:	+13.43%
Price / MAexp7:	+2.00%
Price / MAexp20:	+4.70%
Price / MAexp50:	+7.78%
Price / MAexp100:	+9.11%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on STURM RUGER & CO.. At the time of publication of this analysis, the latest news was as follows:

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

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