STURM RUGER & CO.
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. - 1H - Technical analysis published on 03/03/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 58.65 USD
My targets
56.65 USD (-1.43%)
55.53 USD (-3.38%)
My analysis
The strong short-term decline of STURM RUGER & CO. reinforces the current slightly bearish trend. As long as the price remains below 58.65 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 56.65 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 55.53 USD as an objective. Crossing it would then enable sellers to target 54.76 USD. A return to above 58.65 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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
4.5

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:
15 min. Daily Weekly

Additional analysis

Quotes

The STURM RUGER & CO. rating is 57.47 USD. The price is lower by -0.30% since the last closing and was traded between 57.22 USD and 57.98 USD over the period. The price is currently at +0.44% from its lowest and -0.88% from its highest.

57.22
57.98
57.47

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this STURM RUGER & CO. chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 54.76 55.53 56.65 57.47 57.68 58.65 59.78
Change (%) -4.72% -3.38% -1.43% - +0.37% +2.05% +4.02%
Change -2.71 -1.94 -0.82 - +0.21 +1.18 +2.31
Level Minor Major Major - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.8557.1757.4157.7357.9758.2958.53
Camarilla57.4957.5457.5957.6457.6957.7457.79
Woodie56.8057.1557.3657.7157.9258.2758.48
Fibonacci57.1757.3957.5257.7357.9558.0858.29


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50.4152.9756.2158.7762.0164.5767.81
Camarilla57.8558.3858.9159.4459.9760.5061.04
Woodie50.7453.1456.5458.9462.3464.7468.14
Fibonacci52.9755.1956.5658.7760.9962.3664.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard48.9852.0655.1758.2561.3664.4467.55
Camarilla56.5757.1457.7058.2758.8459.4159.97
Woodie48.9952.0755.1858.2661.3764.4567.56
Fibonacci52.0654.4355.8958.2560.6262.0864.44

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): 39.86
MACD (12,26,9): -0.2100
Directional Movement: -4.99
AROON (14): -92.86
DEMA (21): 57.67
Parabolic SAR (0,02-0,02-0,2): 58.13
Elder Ray (13): -0.33
Super Trend (3,10): 58.84
Zig ZAG (10): 57.38
VORTEX (21): 0.8500
Stochastique (14,3,5): 27.49
TEMA (21): 57.47
Williams %R (14): -85.25
Chande Momentum Oscillator (20): -0.55
Repulse (5,40,3): 0.0700
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 1.93
MA7: 58.54
MA20: 57.29
MA50: 55.06
MA100: 52.80
MAexp7: 57.71
MAexp20: 57.92
MAexp50: 58.00
MAexp100: 57.62
Price / MA7: -1.83%
Price / MA20: +0.31%
Price / MA50: +4.38%
Price / MA100: +8.84%
Price / MAexp7: -0.42%
Price / MAexp20: -0.78%
Price / MAexp50: -0.91%
Price / MAexp100: -0.26%

Quotes : - 15 min delayed data - NYSE Stocks

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

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