HOULIHAN LOKEY INC. CLASS A - Daily - Technical analysis published on 01/20/2020 (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
83%
0%
17%
My opinion
Bullish above 49.51 USD
My targets
52.67 USD (+0.34%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HOULIHAN LOKEY INC. CLASS A as long as the price remains well above 49.51 USD. The buyers” bullish objective is set at 52.67 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.8
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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
HOULIHAN LOKEY INC. CLASS A rating 52.49 USD. On the day, this instrument gained +0.88% with the lowest point at 51.99 USD and the highest point at 52.55 USD. The deviation from the price is +0.96% for the low point and -0.11% for the high point.51.99
52.55
52.49
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this HOULIHAN LOKEY INC. CLASS A chart shows a strongly 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 market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 46.79 | 47.50 | 49.51 | 52.49 | 52.89 |
| Change (%) | -10.86% | -9.51% | -5.68% | - | +0.76% |
| Change | -5.70 | -4.99 | -2.98 | - | +0.40 |
| Level | Major | Major | Intermediate | - | 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 | 49.93 | 50.46 | 51.24 | 51.77 | 52.55 | 53.08 | 53.86 |
| Camarilla | 51.67 | 51.79 | 51.91 | 52.03 | 52.15 | 52.27 | 52.39 |
| Woodie | 50.07 | 50.52 | 51.38 | 51.83 | 52.69 | 53.14 | 54.00 |
| Fibonacci | 50.46 | 50.96 | 51.27 | 51.77 | 52.27 | 52.58 | 53.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.37 | 47.35 | 48.70 | 49.68 | 51.03 | 52.01 | 53.36 |
| Camarilla | 49.42 | 49.63 | 49.85 | 50.06 | 50.27 | 50.49 | 50.70 |
| Woodie | 46.57 | 47.44 | 48.90 | 49.77 | 51.23 | 52.10 | 53.56 |
| Fibonacci | 47.35 | 48.24 | 48.79 | 49.68 | 50.57 | 51.12 | 52.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.58 | 45.68 | 47.28 | 48.38 | 49.97 | 51.07 | 52.67 |
| Camarilla | 48.13 | 48.38 | 48.62 | 48.87 | 49.12 | 49.36 | 49.61 |
| Woodie | 44.83 | 45.80 | 47.52 | 48.50 | 50.22 | 51.20 | 52.92 |
| Fibonacci | 45.68 | 46.71 | 47.35 | 48.38 | 49.41 | 50.04 | 51.07 |
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): | 76.79 | |
| MACD (12,26,9): | 0.9400 | |
| Directional Movement: | 30.67 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 51.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 50.23 | |
| Elder Ray (13): | 1.75 | |
| Super Trend (3,10): | 50.13 | |
| Zig ZAG (10): | 52.49 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 96.15 | |
| TEMA (21): | 51.57 | |
| Williams %R (14): | -1.42 | |
| Chande Momentum Oscillator (20): | 3.62 | |
| Repulse (5,40,3): | 2.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 9.06 |
| MA7: | 51.00 | |
| MA20: | 49.77 | |
| MA50: | 48.53 | |
| MA100: | 46.83 | |
| MAexp7: | 51.17 | |
| MAexp20: | 50.01 | |
| MAexp50: | 48.68 | |
| MAexp100: | 47.38 | |
| Price / MA7: | +2.92% | |
| Price / MA20: | +5.47% | |
| Price / MA50: | +8.16% | |
| Price / MA100: | +12.09% | |
| Price / MAexp7: | +2.58% | |
| Price / MAexp20: | +4.96% | |
| Price / MAexp50: | +7.83% | |
| Price / MAexp100: | +10.79% |
News
Don"t forget to follow the news on HOULIHAN LOKEY INC. CLASS A. At the time of publication of this analysis, the latest news was as follows:
- Houlihan Lokey Adds Equity Capital Markets Advisory Capability in Europe
- Houlihan Lokey Announces Release Date for Third Quarter Results for Fiscal Year 2020
- Aspinal of London Appoints Investment Bank Houlihan Lokey to Maximise Growth Strategy
- Houlihan Lokey Expands Its Healthcare Group With Key Hires
- Gridsum Special Committee Engages Financial Advisor
This member declared not having a position on this financial instrument or a related financial instrument.
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