AIR PRODUCTS AND CHEMICALS - Daily - Technical analysis published on 10/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 220.06 USD
My targets
213.78 USD (-0.08%)
201.92 USD (-5.63%)
My analysis
AIR PRODUCTS AND CHEMICALS 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 220.06 USD. The next support located at 213.78 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 201.92 USD. Below this support, sellers could then target 181.60 USD.
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
5.2
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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 AIR PRODUCTS AND CHEMICALS price is 213.96 USD. The price has increased by +0.04% since the last closing and was traded between 212.50 USD and 215.90 USD over the period. The price is currently at +0.69% from its lowest and -0.90% from its highest.212.50
215.90
213.96
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AIR PRODUCTS AND CHEMICALS:
Technical
A technical analysis in Daily of this AIR PRODUCTS AND CHEMICALS chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced 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.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 181.60 | 201.92 | 213.78 | 213.96 | 220.06 | 231.76 |
| Change (%) | -15.12% | -5.63% | -0.08% | - | +2.85% | +8.32% |
| Change | -32.36 | -12.04 | -0.18 | - | +6.10 | +17.80 |
| Level | Minor | Intermediate | Major | - | Major | Major |
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 | 208.68 | 210.13 | 212.00 | 213.45 | 215.33 | 216.78 | 218.65 |
| Camarilla | 212.97 | 213.27 | 213.58 | 213.88 | 214.19 | 214.49 | 214.79 |
| Woodie | 208.89 | 210.23 | 212.22 | 213.56 | 215.54 | 216.88 | 218.87 |
| Fibonacci | 210.13 | 211.40 | 212.18 | 213.45 | 214.72 | 215.51 | 216.78 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 190.19 | 198.57 | 206.23 | 214.61 | 222.27 | 230.65 | 238.31 |
| Camarilla | 209.47 | 210.94 | 212.41 | 213.88 | 215.35 | 216.82 | 218.29 |
| Woodie | 189.82 | 198.39 | 205.86 | 214.43 | 221.90 | 230.47 | 237.94 |
| Fibonacci | 198.57 | 204.70 | 208.49 | 214.61 | 220.74 | 224.53 | 230.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 192.29 | 200.78 | 211.32 | 219.81 | 230.35 | 238.84 | 249.38 |
| Camarilla | 216.63 | 218.37 | 220.12 | 221.86 | 223.60 | 225.35 | 227.09 |
| Woodie | 193.32 | 201.29 | 212.35 | 220.32 | 231.38 | 239.35 | 250.40 |
| Fibonacci | 200.78 | 208.05 | 212.54 | 219.81 | 227.08 | 231.57 | 238.84 |
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): | 42.64 | |
| MACD (12,26,9): | -2.1900 | |
| Directional Movement: | -11.29 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 215.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 222.68 | |
| Elder Ray (13): | -2.26 | |
| Super Trend (3,10): | 224.73 | |
| Zig ZAG (10): | 213.96 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 35.51 | |
| TEMA (21): | 213.80 | |
| Williams %R (14): | -58.08 | |
| Chande Momentum Oscillator (20): | -7.15 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 3.09 |
| MA7: | 215.34 | |
| MA20: | 217.62 | |
| MA50: | 221.75 | |
| MA100: | 219.89 | |
| MAexp7: | 214.90 | |
| MAexp20: | 217.67 | |
| MAexp50: | 219.56 | |
| MAexp100: | 215.46 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | -1.68% | |
| Price / MA50: | -3.51% | |
| Price / MA100: | -2.70% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -1.70% | |
| Price / MAexp50: | -2.55% | |
| Price / MAexp100: | -0.70% |
News
Don"t forget to follow the news on AIR PRODUCTS AND CHEMICALS. At the time of publication of this analysis, the latest news was as follows:
- SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Air Products and Chemicals, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
- Analysis: Positioning to Benefit within AMETEK, Taylor Morrison Home, MBIA, Air Products and Chemicals, CBIZ, and Aqua Metals — Research Highlights Growth, Revenue, and Consolidated Results
- Factors of Influence in 2018, Key Indicators and Opportunity within Cognizant Technology Solutions, Anadarko Petroleum, American Eagle Outfitters, MetLife, Groupon, and Air Products and Chemicals — New Research Emphasizes Economic Growth
- Recent Analysis Shows Audentes Therapeutics, Endocyte, Bluerock Residential Growth REIT, Air Products and Chemicals, BWX Technologies, and Modine Manufacturing Market Influences — Renewed Outlook, Key Drivers of Growth
- Report: Developing Opportunities within athenahealth, W.R. Berkley, Air Products and Chemicals, DICK'S Sporting Goods, Aptevo Therapeutics, and Columbia Property Trust — Future Expectations, Projections Moving into 2018
This member declared not having a position on this financial instrument or a related financial instrument.
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