E*TRADE FINANCIAL - Daily - Technical analysis published on 07/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
E*TRADE FINANCIAL Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 45.02 USD
My targets
41.27 USD (-7.36%)
33.25 USD (-25.36%)
My analysis
The bearish trend is currently very strong for E*TRADE FINANCIAL. As long as the price remains below the resistance at 45.02 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 41.27 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 33.25 USD as an objective. Crossing it would then enable sellers to target 27.92 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.
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 E*TRADE FINANCIAL price is 44.55 USD. The price registered a decrease of -1.66% on the session and was between 44.29 USD and 45.34 USD. This implies that the price is at +0.59% from its lowest and at -1.74% from its highest.44.29
45.34
44.55
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 (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this E*TRADE FINANCIAL chart shows a sharp bearish trend. The signals given by moving averages are 92.86% 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
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 resistance of channel
Type : Bearish
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 | 27.92 | 33.25 | 41.27 | 44.55 | 45.02 | 46.76 | 48.51 |
Change (%) | -37.33% | -25.36% | -7.36% | - | +1.05% | +4.96% | +8.89% |
Change | -16.63 | -11.30 | -3.28 | - | +0.47 | +2.21 | +3.96 |
Level | Minor | Minor | Minor | - | Major | Major | Minor |
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 | 43.96 | 44.26 | 44.78 | 45.09 | 45.61 | 45.91 | 46.43 |
Camarilla | 45.07 | 45.15 | 45.22 | 45.30 | 45.38 | 45.45 | 45.53 |
Woodie | 44.06 | 44.32 | 44.89 | 45.14 | 45.71 | 45.97 | 46.54 |
Fibonacci | 44.26 | 44.58 | 44.77 | 45.09 | 45.40 | 45.60 | 45.91 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 43.49 | 44.30 | 45.22 | 46.03 | 46.95 | 47.76 | 48.68 |
Camarilla | 45.67 | 45.83 | 45.99 | 46.15 | 46.31 | 46.47 | 46.63 |
Woodie | 43.56 | 44.33 | 45.29 | 46.06 | 47.02 | 47.79 | 48.75 |
Fibonacci | 44.30 | 44.96 | 45.37 | 46.03 | 46.69 | 47.10 | 47.76 |
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): | 42.42 | |
MACD (12,26,9): | -0.4000 | |
Directional Movement: | -6.79 | |
AROON (14): | 50.00 | |
DEMA (21): | 44.84 | |
Parabolic SAR (0,02-0,02-0,2): | 44.01 | |
Elder Ray (13): | -0.45 | |
Super Trend (3,10): | 47.92 | |
Zig ZAG (10): | 44.55 | |
VORTEX (21): | 0.8500 | |
Stochastique (14,3,5): | 44.77 | |
TEMA (21): | 45.00 | |
Williams %R (14): | -68.32 | |
Chande Momentum Oscillator (20): | -1.68 | |
Repulse (5,40,3): | -1.6400 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1600 | |
Courbe Coppock: | 1.31 |
MA7: | 45.41 | |
MA20: | 45.27 | |
MA50: | 46.83 | |
MA100: | 47.64 | |
MAexp7: | 45.17 | |
MAexp20: | 45.45 | |
MAexp50: | 46.37 | |
MAexp100: | 47.29 | |
Price / MA7: | -1.89% | |
Price / MA20: | -1.59% | |
Price / MA50: | -4.87% | |
Price / MA100: | -6.49% | |
Price / MAexp7: | -1.37% | |
Price / MAexp20: | -1.98% | |
Price / MAexp50: | -3.92% | |
Price / MAexp100: | -5.79% |
News
The last news published on E*TRADE FINANCIAL at the time of the generation of this analysis was as follows:
- E*TRADE to Host Education Day in Denver
- E*TRADE Study Reveals Divide-and-Conquer Investing Mentality among Millennial Couples
- E*TRADE Financial Corporation Reports Monthly Activity for January 2019
- Investor Expectations to Drive Momentum within E*TRADE Financial, Alliant Energy, DENTSPLY SIRONA, Danaher, Aspen Technology, and Marin Software — Discovering Underlying Factors of Influence
- Consolidated Research: 2018 Summary Expectations for E*TRADE Financial, Ballantyne Strong, Lincoln Educational Services, Electro-Sensors, Capital Southwest, and Ritter Pharmaceuticals — Fundamental Analysis, Key Performance Indications
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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