STURM RUGER & CO.
STURM RUGER & CO.
49.89 USD (-1.81%)
15 min delay - NYSE Stocks
Open: 50.86
Change: -0.92
Volume: 59,552
Low: 49.89
High: 51.42
High / Low range: 1.53
Type: Stocks
Ticker: RGR
ISIN:

STURM RUGER & CO. - Daily - Technical analysis published on 02/14/2020

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  • Timeframe : Daily
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 49.91 USD
My targets
53.27 USD (+3.32%)
57.30 USD (+11.13%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STURM RUGER & CO. as long as the price remains well above 49.91 USD. The buyers” bullish objective is set at 53.27 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 57.30 USD. If there is any crossing, the next objective would be the resistance located at 59.72 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7.7

Complete this analysis for another time unit:
15 min. 1H Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

STURM RUGER & CO. rating 51.56 USD. The price registered a decrease of -0.96% on the session and was traded between 51.40 USD and 52.18 USD over the period. The price is currently at +0.31% from its lowest and -1.19% from its highest.

51.40
52.18
51.56

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 STURM RUGER & CO. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

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

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


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 47.54 49.91 51.56 51.56 53.27 57.30 59.72
Change (%) -7.80% -3.20% 0% - +3.32% +11.13% +15.83%
Change -4.02 -1.65 0 - +1.71 +5.74 +8.16
Level Major Intermediate Major - Minor 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
Standard51.1551.3551.7151.9152.2752.4752.83
Camarilla51.9151.9652.0152.0652.1152.1652.21
Woodie51.2251.3951.7851.9552.3452.5152.90
Fibonacci51.3551.5751.7051.9152.1352.2652.47


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.8347.3449.5051.0153.1754.6856.84
Camarilla50.6550.9951.3251.6652.0052.3352.67
Woodie46.1647.5049.8351.1753.5054.8457.17
Fibonacci47.3448.7449.6151.0152.4153.2854.68


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard41.4644.0246.7749.3352.0854.6457.39
Camarilla48.0648.5549.0349.5250.0150.4950.98
Woodie41.5644.0746.8749.3852.1854.6957.49
Fibonacci44.0246.0547.3049.3351.3652.6154.64

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 61.04
MACD (12,26,9): 0.9000
Directional Movement: 15.45
AROON (14): 57.15
DEMA (21): 51.82
Parabolic SAR (0,02-0,02-0,2): 49.45
Elder Ray (13): 0.72
Super Trend (3,10): 49.18
Zig ZAG (10): 51.56
VORTEX (21): 1.1000
Stochastique (14,3,5): 79.90
TEMA (21): 51.92
Williams %R (14): -25.16
Chande Momentum Oscillator (20): 1.69
Repulse (5,40,3): -0.7000
ROCnROLL: 1
TRIX (15,9): 0.2600
Courbe Coppock: 6.06
MA7: 51.74
MA20: 50.63
MA50: 48.56
MA100: 46.49
MAexp7: 51.49
MAexp20: 50.62
MAexp50: 49.01
MAexp100: 47.93
Price / MA7: -0.35%
Price / MA20: +1.84%
Price / MA50: +6.18%
Price / MA100: +10.91%
Price / MAexp7: +0.14%
Price / MAexp20: +1.86%
Price / MAexp50: +5.20%
Price / MAexp100: +7.57%

News


The last news published on STURM RUGER & CO. at the time of the generation of this analysis was as follows:

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

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