E*TRADE FINANCIAL
E*TRADE FINANCIAL
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ETFC
ISIN:

E*TRADE FINANCIAL - Daily - Technical analysis published on 07/11/2019 (GMT)

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  • Timeframe : Daily
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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:
The Central Records scanner for higher/lower results shows an item:

Central Records

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:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard43.9644.2644.7845.0945.6145.9146.43
Camarilla45.0745.1545.2245.3045.3845.4545.53
Woodie44.0644.3244.8945.1445.7145.9746.54
Fibonacci44.2644.5844.7745.0945.4045.6045.91


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.4944.3045.2246.0346.9547.7648.68
Camarilla45.6745.8345.9946.1546.3146.4746.63
Woodie43.5644.3345.2946.0647.0247.7948.75
Fibonacci44.3044.9645.3746.0346.6947.1047.76

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%

This member declared not having a position on this financial instrument or a related financial instrument.

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