CROCS INC. - Daily - Technical analysis published on 01/27/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 38.53 USD
My targets
43.40 USD (+5.16%)
48.47 USD (+17.45%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 38.53 USD remains possible. It is advisable to trade CROCS INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 38.53 USD. The next bullish objective for buyers is set at 43.40 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 48.47 USD. If there is any crossing, the next objective would be the resistance located at 74.75 USD. PS: if there is a bearish break in the support located at 38.53 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CROCS INC. price is 41.27 USD. On the day, this instrument lost -2.02% with the lowest point at 41.03 USD and the highest point at 42.45 USD. The deviation from the price is +0.58% for the low point and -2.78% for the high point.41.03
42.45
41.27
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CROCS INC. indicates that the overall trend is bullish. The signals given by moving averages are 75% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 3 are bullish, 9 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
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 support of channel
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 31.49 | 33.43 | 38.53 | 41.27 | 43.40 | 74.75 |
| Change (%) | -23.70% | -19.00% | -6.64% | - | +5.16% | +81.12% |
| Change | -9.78 | -7.84 | -2.74 | - | +2.13 | +33.48 |
| Level | Major | Intermediate | Major | - | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.73 | 41.13 | 41.63 | 42.03 | 42.53 | 42.93 | 43.43 |
| Camarilla | 41.87 | 41.96 | 42.04 | 42.12 | 42.20 | 42.29 | 42.37 |
| Woodie | 40.77 | 41.16 | 41.67 | 42.06 | 42.57 | 42.96 | 43.47 |
| Fibonacci | 41.13 | 41.48 | 41.69 | 42.03 | 42.38 | 42.59 | 42.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.86 | 38.69 | 40.14 | 41.97 | 43.41 | 45.24 | 46.68 |
| Camarilla | 40.68 | 40.98 | 41.28 | 41.58 | 41.88 | 42.18 | 42.48 |
| Woodie | 36.67 | 38.60 | 39.94 | 41.87 | 43.22 | 45.14 | 46.49 |
| Fibonacci | 38.69 | 39.94 | 40.71 | 41.97 | 43.22 | 43.99 | 45.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.20 | 29.49 | 35.69 | 38.98 | 45.18 | 48.47 | 54.67 |
| Camarilla | 39.28 | 40.15 | 41.02 | 41.89 | 42.76 | 43.63 | 44.50 |
| Woodie | 27.66 | 30.22 | 37.15 | 39.71 | 46.64 | 49.20 | 56.13 |
| Fibonacci | 29.49 | 33.12 | 35.36 | 38.98 | 42.61 | 44.85 | 48.47 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.24 | |
| MACD (12,26,9): | 0.9500 | |
| Directional Movement: | -5.27 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 42.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.57 | |
| Elder Ray (13): | -0.20 | |
| Super Trend (3,10): | 39.61 | |
| Zig ZAG (10): | 41.27 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 50.22 | |
| TEMA (21): | 42.57 | |
| Williams %R (14): | -67.05 | |
| Chande Momentum Oscillator (20): | -0.34 | |
| Repulse (5,40,3): | -2.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 2.22 |
| MA7: | 42.11 | |
| MA20: | 42.10 | |
| MA50: | 38.61 | |
| MA100: | 34.51 | |
| MAexp7: | 41.98 | |
| MAexp20: | 41.51 | |
| MAexp50: | 38.96 | |
| MAexp100: | 35.40 | |
| Price / MA7: | -1.99% | |
| Price / MA20: | -1.97% | |
| Price / MA50: | +6.89% | |
| Price / MA100: | +19.59% | |
| Price / MAexp7: | -1.69% | |
| Price / MAexp20: | -0.58% | |
| Price / MAexp50: | +5.93% | |
| Price / MAexp100: | +16.58% |
News
The last news published on CROCS INC. at the time of the generation of this analysis was as follows:
- Priyanka Chopra Jonas and Yang Mi Added to A-List Portfolio of Ambassadors to Headline Crocs’ New Global Marketing Campaign in 2020
- Crocs, Inc. Raises Fourth Quarter Revenue Guidance
- Crocs, Inc. Appoints Beth J. Kaplan to Board of Directors
- Priyanka Chopra Jonas and Crocs to Donate 50,000 Pairs of Classic Clogs to UNICEF
- Post Malone and Crocs Launch Fourth Collaboration
This member declared not having a position on this financial instrument or a related financial instrument.
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