STANTEC INC - Daily - Technical analysis published on 12/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 25.08 USD
My targets
27.95 USD (+5.63%)
29.20 USD (+10.36%)
My analysis
STANTEC INC is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 25.08 USD. The next resistance located at 27.95 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 29.20 USD. After this resistance, buyers could then target 34.71 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.1
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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 STANTEC INC rating is 26.46 USD. The price has increased by +0.42% since the last closing with the lowest point at 26.37 USD and the highest point at 26.50 USD. The deviation from the price is +0.34% for the low point and -0.15% for the high point.26.37
26.50
26.46
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on STANTEC INC were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of STANTEC INC in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 23.31 | 24.21 | 25.08 | 26.46 | 26.55 | 27.95 | 29.20 |
| Change (%) | -11.90% | -8.50% | -5.22% | - | +0.34% | +5.63% | +10.36% |
| Change | -3.15 | -2.25 | -1.38 | - | +0.09 | +1.49 | +2.74 |
| Level | Minor | Minor | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.92 | 26.03 | 26.19 | 26.30 | 26.46 | 26.57 | 26.73 |
| Camarilla | 26.28 | 26.30 | 26.33 | 26.35 | 26.38 | 26.40 | 26.42 |
| Woodie | 25.95 | 26.04 | 26.22 | 26.31 | 26.49 | 26.58 | 26.76 |
| Fibonacci | 26.03 | 26.13 | 26.20 | 26.30 | 26.40 | 26.47 | 26.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.62 | 25.89 | 26.24 | 26.51 | 26.86 | 27.13 | 27.48 |
| Camarilla | 26.43 | 26.49 | 26.54 | 26.60 | 26.66 | 26.71 | 26.77 |
| Woodie | 25.67 | 25.91 | 26.29 | 26.53 | 26.91 | 27.15 | 27.53 |
| Fibonacci | 25.89 | 26.12 | 26.27 | 26.51 | 26.74 | 26.89 | 27.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.41 | 19.41 | 23.01 | 25.01 | 28.61 | 30.61 | 34.21 |
| Camarilla | 25.06 | 25.57 | 26.09 | 26.60 | 27.11 | 27.63 | 28.14 |
| Woodie | 18.20 | 19.81 | 23.80 | 25.41 | 29.40 | 31.01 | 35.00 |
| Fibonacci | 19.41 | 21.55 | 22.87 | 25.01 | 27.15 | 28.47 | 30.61 |
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): | 71.22 | |
| MACD (12,26,9): | 0.9500 | |
| Directional Movement: | 26.23 | |
| AROON (14): | 0 | |
| DEMA (21): | 26.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.89 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 25.14 | |
| Zig ZAG (10): | 26.46 | |
| VORTEX (21): | 1.3100 | |
| Stochastique (14,3,5): | 54.50 | |
| TEMA (21): | 27.20 | |
| Williams %R (14): | -35.84 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 0.7800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6800 | |
| Courbe Coppock: | 9.62 |
| MA7: | 26.54 | |
| MA20: | 26.05 | |
| MA50: | 23.40 | |
| MA100: | 22.93 | |
| MAexp7: | 26.43 | |
| MAexp20: | 25.66 | |
| MAexp50: | 24.23 | |
| MAexp100: | 23.55 | |
| Price / MA7: | -0.30% | |
| Price / MA20: | +1.57% | |
| Price / MA50: | +13.08% | |
| Price / MA100: | +15.39% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +3.12% | |
| Price / MAexp50: | +9.20% | |
| Price / MAexp100: | +12.36% |
News
The latest news and videos published on STANTEC INC at the time of the analysis were as follows:
- Stantec Announces Three-Year Strategic Plan
- Stantec executives to hold third quarter 2019 conference call
- Stantec selected as lead designer for expansion of Eastern Texas water reclamation facility to help increase resiliency
- ICE District Properties Announces Sale of Stantec Tower to Deka Immobilien
- Harrisburg University of Science and Technology breaks ground on second academic tower
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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