MSG NETWORKS INC. - Daily - Technical analysis published on 11/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
MSG NETWORKS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 16.43 USD
My targets
15.06 USD (-7.38%)
13.82 USD (-15.01%)
My analysis
MSG NETWORKS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 16.43 USD. The next support located at 15.06 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 13.82 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
6.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay.
Additional analysis
Quotes
The MSG NETWORKS INC. rating is 16.26 USD. The price registered an increase of +0.87% on the session and was between 16.08 USD and 16.37 USD. This implies that the price is at +1.12% from its lowest and at -0.67% from its highest.16.08
16.37
16.26
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MSG NETWORKS INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 13.82 | 15.06 | 16.26 | 16.43 | 18.65 | 22.05 |
| Change (%) | -15.01% | -7.38% | - | +1.05% | +14.70% | +35.61% |
| Change | -2.44 | -1.20 | - | +0.17 | +2.39 | +5.79 |
| Level | Intermediate | 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 | 15.41 | 15.74 | 15.93 | 16.26 | 16.45 | 16.78 | 16.97 |
| Camarilla | 15.98 | 16.03 | 16.07 | 16.12 | 16.17 | 16.22 | 16.26 |
| Woodie | 15.34 | 15.71 | 15.86 | 16.23 | 16.38 | 16.75 | 16.90 |
| Fibonacci | 15.74 | 15.94 | 16.06 | 16.26 | 16.46 | 16.58 | 16.78 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.56 | 15.66 | 16.30 | 17.40 | 18.04 | 19.14 | 19.78 |
| Camarilla | 16.46 | 16.62 | 16.78 | 16.94 | 17.10 | 17.26 | 17.42 |
| Woodie | 14.33 | 15.55 | 16.07 | 17.29 | 17.81 | 19.03 | 19.55 |
| Fibonacci | 15.66 | 16.33 | 16.74 | 17.40 | 18.07 | 18.48 | 19.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.22 | 14.01 | 15.11 | 15.90 | 17.00 | 17.79 | 18.89 |
| Camarilla | 15.69 | 15.86 | 16.04 | 16.21 | 16.38 | 16.56 | 16.73 |
| Woodie | 13.38 | 14.09 | 15.27 | 15.98 | 17.16 | 17.87 | 19.05 |
| Fibonacci | 14.01 | 14.73 | 15.18 | 15.90 | 16.62 | 17.07 | 17.79 |
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): | 41.30 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -10.55 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 17.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.96 | |
| Elder Ray (13): | -0.75 | |
| Super Trend (3,10): | 17.92 | |
| Zig ZAG (10): | 16.27 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 4.04 | |
| TEMA (21): | 16.93 | |
| Williams %R (14): | -92.32 | |
| Chande Momentum Oscillator (20): | -1.39 | |
| Repulse (5,40,3): | -4.4000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 1.15 |
| MA7: | 16.81 | |
| MA20: | 17.18 | |
| MA50: | 16.67 | |
| MA100: | 17.20 | |
| MAexp7: | 16.73 | |
| MAexp20: | 16.99 | |
| MAexp50: | 16.96 | |
| MAexp100: | 17.62 | |
| Price / MA7: | -3.27% | |
| Price / MA20: | -5.36% | |
| Price / MA50: | -2.46% | |
| Price / MA100: | -5.47% | |
| Price / MAexp7: | -2.81% | |
| Price / MAexp20: | -4.30% | |
| Price / MAexp50: | -4.13% | |
| Price / MAexp100: | -7.72% |
News
The last news published on MSG NETWORKS INC. at the time of the generation of this analysis was as follows:
- New Research: Key Drivers of Growth for Teradata, Boyd Gaming, Intrepid Potash, MSG Networks, AVEO Pharmaceuticals, and NetScout — Factors of Influence, Major Initiatives and Sustained Production
- Heico, MSG Networks, WageWorks, and Ingredion — Factors of Influence, Major Initiatives and Sustained Production
- MSG Networks Inc. Class A to Host Earnings Call
- MSG Networks Inc. Class A to Host Earnings Call
- Investor Network: MSG Networks Inc. Class A to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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