STURM RUGER & CO. - Daily - Technical analysis published on 02/14/2020 (GMT)
- Who voted?
- 259
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- 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
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
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
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 51.15 | 51.35 | 51.71 | 51.91 | 52.27 | 52.47 | 52.83 |
| Camarilla | 51.91 | 51.96 | 52.01 | 52.06 | 52.11 | 52.16 | 52.21 |
| Woodie | 51.22 | 51.39 | 51.78 | 51.95 | 52.34 | 52.51 | 52.90 |
| Fibonacci | 51.35 | 51.57 | 51.70 | 51.91 | 52.13 | 52.26 | 52.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.83 | 47.34 | 49.50 | 51.01 | 53.17 | 54.68 | 56.84 |
| Camarilla | 50.65 | 50.99 | 51.32 | 51.66 | 52.00 | 52.33 | 52.67 |
| Woodie | 46.16 | 47.50 | 49.83 | 51.17 | 53.50 | 54.84 | 57.17 |
| Fibonacci | 47.34 | 48.74 | 49.61 | 51.01 | 52.41 | 53.28 | 54.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.46 | 44.02 | 46.77 | 49.33 | 52.08 | 54.64 | 57.39 |
| Camarilla | 48.06 | 48.55 | 49.03 | 49.52 | 50.01 | 50.49 | 50.98 |
| Woodie | 41.56 | 44.07 | 46.87 | 49.38 | 52.18 | 54.69 | 57.49 |
| Fibonacci | 44.02 | 46.05 | 47.30 | 49.33 | 51.36 | 52.61 | 54.64 |
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:
- Sturm, Ruger & Company, Inc. to Report Fourth Quarter and Year-End 2019 Financial Results on Wednesday, February 19
- Sturm, Ruger & Company, Inc. Announces the Repurchase of 44,500 Shares of Its Common Stock in the Third Quarter of 2019
- Sturm, Ruger & Company, Inc. to Report Second Quarter Results and File Quarterly Report on Form 10-Q on Wednesday, July 31
- Sturm, Ruger & Company, Inc. Reports 2018 Diluted Earnings of $2.88 Per Share and Declares Dividend of 28¢ Per Share
- Sturm, Ruger & Company, Inc. to Report 2018 Results and File Annual Report on Form 10-K on Wednesday, February 20, Conference Call to Be Held on Thursday, February 21
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis STURM RUGER & CO. - Daily