STURM RUGER & CO. - 1H - Technical analysis published on 03/03/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
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
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This analysis was given by AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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:
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 56.85 | 57.17 | 57.41 | 57.73 | 57.97 | 58.29 | 58.53 |
| Camarilla | 57.49 | 57.54 | 57.59 | 57.64 | 57.69 | 57.74 | 57.79 |
| Woodie | 56.80 | 57.15 | 57.36 | 57.71 | 57.92 | 58.27 | 58.48 |
| Fibonacci | 57.17 | 57.39 | 57.52 | 57.73 | 57.95 | 58.08 | 58.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.41 | 52.97 | 56.21 | 58.77 | 62.01 | 64.57 | 67.81 |
| Camarilla | 57.85 | 58.38 | 58.91 | 59.44 | 59.97 | 60.50 | 61.04 |
| Woodie | 50.74 | 53.14 | 56.54 | 58.94 | 62.34 | 64.74 | 68.14 |
| Fibonacci | 52.97 | 55.19 | 56.56 | 58.77 | 60.99 | 62.36 | 64.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.98 | 52.06 | 55.17 | 58.25 | 61.36 | 64.44 | 67.55 |
| Camarilla | 56.57 | 57.14 | 57.70 | 58.27 | 58.84 | 59.41 | 59.97 |
| Woodie | 48.99 | 52.07 | 55.18 | 58.26 | 61.37 | 64.45 | 67.56 |
| Fibonacci | 52.06 | 54.43 | 55.89 | 58.25 | 60.62 | 62.08 | 64.44 |
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 :
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15 min delayed data
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NYSE Stocks
News
The last news published on STURM RUGER & CO. at the time of the generation of this analysis was as follows:
- Sturm, Ruger & Company, Inc. Reports 2022 Diluted Earnings of $4.96 Per Share and Declares Dividend of 42¢ Per Share
- Sturm, Ruger & Company, Inc. to Report 2022 Results and File Its Annual Report on Form 10-K on Wednesday, February 22
- Sturm, Ruger & Company, Inc. to Report Fourth Quarter and Year-End 2022 Financial Results on Wednesday, February 22
- Sturm, Ruger & Company, Inc. Declares Special Dividend of $5.00 Per Share
- Sturm, Ruger & Company, Inc. Reports Third Quarter Diluted Earnings of $1.03 Per Share and Declares Quarterly Dividend of 41¢ Per Share
This member declared not having a position on this financial instrument or a related financial instrument.
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