CUBIC CORP. - Daily - Technical analysis published on 12/05/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
CUBIC CORP. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 66.57 USD
My targets
57.75 USD (-8.35%)
53.43 USD (-15.20%)
My analysis
The bearish trend is currently very strong for CUBIC CORP.. As long as the price remains below the resistance at 66.57 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 57.75 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 53.43 USD as an objective. Crossing it would then enable sellers to target 50.85 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.4
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The CUBIC CORP. price is 63.01 USD. The price registered an increase of +0.69% on the session and was between 62.99 USD and 64.70 USD. This implies that the price is at +0.03% from its lowest and at -2.61% from its highest.62.99
64.70
63.01
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CUBIC CORP.:
Technical
Technical analysis of this Daily chart of CUBIC CORP. indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 : 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 | 53.43 | 57.75 | 63.00 | 63.01 | 66.57 | 68.68 | 71.86 |
| Change (%) | -15.20% | -8.35% | -0.02% | - | +5.65% | +9.00% | +14.05% |
| Change | -9.58 | -5.26 | -0.01 | - | +3.56 | +5.67 | +8.85 |
| Level | Minor | Major | Major | - | Minor | Minor | Intermediate |
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 | 57.43 | 58.47 | 60.52 | 61.56 | 63.61 | 64.65 | 66.70 |
| Camarilla | 61.73 | 62.01 | 62.30 | 62.58 | 62.86 | 63.15 | 63.43 |
| Woodie | 57.95 | 58.72 | 61.04 | 61.81 | 64.13 | 64.90 | 67.22 |
| Fibonacci | 58.47 | 59.65 | 60.38 | 61.56 | 62.74 | 63.47 | 64.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.88 | 57.81 | 58.68 | 59.61 | 60.48 | 61.41 | 62.28 |
| Camarilla | 59.07 | 59.23 | 59.40 | 59.56 | 59.73 | 59.89 | 60.06 |
| Woodie | 56.86 | 57.80 | 58.66 | 59.60 | 60.46 | 61.40 | 62.26 |
| Fibonacci | 57.81 | 58.49 | 58.92 | 59.61 | 60.29 | 60.72 | 61.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.37 | 44.87 | 52.21 | 63.71 | 71.05 | 82.55 | 89.89 |
| Camarilla | 54.38 | 56.11 | 57.83 | 59.56 | 61.29 | 63.01 | 64.74 |
| Woodie | 31.30 | 43.83 | 50.14 | 62.67 | 68.98 | 81.51 | 87.82 |
| Fibonacci | 44.87 | 52.06 | 56.51 | 63.71 | 70.90 | 75.35 | 82.55 |
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): | 40.70 | |
| MACD (12,26,9): | -2.9500 | |
| Directional Movement: | -12.12 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 62.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 70.25 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 66.75 | |
| Zig ZAG (10): | 63.01 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 30.55 | |
| TEMA (21): | 59.65 | |
| Williams %R (14): | -62.54 | |
| Chande Momentum Oscillator (20): | -10.42 | |
| Repulse (5,40,3): | 1.9300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4600 | |
| Courbe Coppock: | 32.93 |
| MA7: | 60.55 | |
| MA20: | 67.23 | |
| MA50: | 69.29 | |
| MA100: | 68.95 | |
| MAexp7: | 62.04 | |
| MAexp20: | 65.46 | |
| MAexp50: | 67.99 | |
| MAexp100: | 67.64 | |
| Price / MA7: | +4.06% | |
| Price / MA20: | -6.28% | |
| Price / MA50: | -9.06% | |
| Price / MA100: | -8.61% | |
| Price / MAexp7: | +1.56% | |
| Price / MAexp20: | -3.74% | |
| Price / MAexp50: | -7.32% | |
| Price / MAexp100: | -6.85% |
News
Don"t forget to follow the news on CUBIC CORP.. At the time of publication of this analysis, the latest news was as follows:
- Cubic Telecom partners with Etisalat to enable future mobility applications for automotive industry within the UAE
- Cubic Upgrades Next Generation NextBus Platform with Enriched Customer Experience
- Cubic Takes on National Expert Role During Florida Department of Transportation’s Mobility Week
- Cubic Unifies Growing Traffic Management Brands to Cubic ITS to Better Serve Customers
- Cubic Showcases Intelligent Transport Management Technologies at ITS World Congress in Singapore
This member declared not having a position on this financial instrument or a related financial instrument.
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