CHEMOURS COMPANY THE - 15 min. - Technical analysis published on 06/14/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 37.83 USD
My targets
36.27 USD (-0.73%)
35.58 USD (-2.63%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHEMOURS COMPANY THE as long as the price remains well below 37.83 USD. The sellers' bearish objective is set at 36.27 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 35.58 USD. In case of crossing, the next objective would be the support located at 32.04 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHEMOURS COMPANY THE rating is 36.54 USD. The price is lower by -5.04% since the last closing and was between 35.88 USD and 37.69 USD. This implies that the price is at +1.84% from its lowest and at -3.05% from its highest.35.88
37.69
36.54
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
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:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CHEMOURS COMPANY THE in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 32.04 | 35.58 | 36.54 | 36.54 | 38.10 | 39.60 | 41.24 |
| Change (%) | -12.32% | -2.63% | 0% | - | +4.27% | +8.37% | +12.86% |
| Change | -4.50 | -0.96 | 0 | - | +1.56 | +3.06 | +4.70 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Minor |
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 | 36.27 | 37.19 | 37.83 | 38.75 | 39.39 | 40.31 | 40.95 |
| Camarilla | 38.05 | 38.19 | 38.34 | 38.48 | 38.62 | 38.77 | 38.91 |
| Woodie | 36.14 | 37.12 | 37.70 | 38.68 | 39.26 | 40.24 | 40.82 |
| Fibonacci | 37.19 | 37.78 | 38.15 | 38.75 | 39.34 | 39.71 | 40.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.16 | 37.16 | 38.94 | 41.94 | 43.72 | 46.72 | 48.50 |
| Camarilla | 39.40 | 39.83 | 40.27 | 40.71 | 41.15 | 41.59 | 42.03 |
| Woodie | 33.54 | 36.86 | 38.32 | 41.64 | 43.10 | 46.42 | 47.88 |
| Fibonacci | 37.16 | 38.99 | 40.12 | 41.94 | 43.77 | 44.90 | 46.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.21 | 27.55 | 35.32 | 39.66 | 47.43 | 51.77 | 59.54 |
| Camarilla | 39.76 | 40.87 | 41.98 | 43.09 | 44.20 | 45.31 | 46.42 |
| Woodie | 24.93 | 28.41 | 37.04 | 40.52 | 49.15 | 52.63 | 61.26 |
| Fibonacci | 27.55 | 32.18 | 35.03 | 39.66 | 44.29 | 47.14 | 51.77 |
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): | 35.83 | |
| MACD (12,26,9): | -0.5600 | |
| Directional Movement: | -16.19 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 36.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 37.02 | |
| Elder Ray (13): | -0.40 | |
| Super Trend (3,10): | 37.82 | |
| Zig ZAG (10): | 36.68 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 34.55 | |
| TEMA (21): | 36.55 | |
| Williams %R (14): | -60.94 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -0.9400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2200 | |
| Courbe Coppock: | 6.41 |
| MA7: | 41.53 | |
| MA20: | 42.12 | |
| MA50: | 37.86 | |
| MA100: | 33.87 | |
| MAexp7: | 36.85 | |
| MAexp20: | 37.36 | |
| MAexp50: | 38.49 | |
| MAexp100: | 39.88 | |
| Price / MA7: | -12.02% | |
| Price / MA20: | -13.25% | |
| Price / MA50: | -3.49% | |
| Price / MA100: | +7.88% | |
| Price / MAexp7: | -0.84% | |
| Price / MAexp20: | -2.19% | |
| Price / MAexp50: | -5.07% | |
| Price / MAexp100: | -8.38% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on CHEMOURS COMPANY THE at the time of the generation of this analysis was as follows:
- Chemours Explores Capacity Investments to Advance Support of the Hydrogen Economy
- Chemours Announces Process Innovation with New Viton™ Fluoroelastomers Advanced Polymer Architecture (APA) Offering
- Chemours Leads Remove2Reclaim Project to Advance Plastic Circularity
- Chemours Announces Participation in Versogen’s Development of Clean Hydrogen Technology
- The Chemours Company Reports Robust First Quarter 2022 Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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