CHASE CORP.

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CCF
ISIN:

CHASE CORP. - 1H - Technical analysis published on 09/13/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

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CHASE CORP. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 126.44 USD

My targets

127.02 USD (+0.17%)

128.95 USD (+1.69%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHASE CORP. as long as the price remains well above 126.44 USD. The buyers' bullish objective is set at 127.02 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 128.95 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

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 Londinia.

Additional analysis

Quotes

The CHASE CORP. price is 126.81 USD. The price registered a decrease of -0.03% on the session and was between 126.70 USD and 127.00 USD. This implies that the price is at +0.09% from its lowest and at -0.15% from its highest.

126.70

127.00

126.81

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

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:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of CHASE CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

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 : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	126.29	126.44	126.61	126.81	126.89	127.02	127.25
Change (%)	-0.41%	-0.29%	-0.16%	-	+0.06%	+0.17%	+0.35%
Change	-0.52	-0.37	-0.20	-	+0.08	+0.21	+0.44
Level	Intermediate	Minor	Minor	-	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	126.35	126.45	126.65	126.75	126.95	127.05	127.25
Camarilla	126.77	126.80	126.82	126.85	126.88	126.91	126.93
Woodie	126.40	126.48	126.70	126.78	127.00	127.08	127.30
Fibonacci	126.45	126.57	126.64	126.75	126.87	126.94	127.05

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	125.52	125.88	126.27	126.63	127.02	127.38	127.77
Camarilla	126.46	126.53	126.60	126.67	126.74	126.81	126.88
Woodie	125.55	125.89	126.30	126.64	127.05	127.39	127.80
Fibonacci	125.88	126.16	126.34	126.63	126.91	127.09	127.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	124.18	124.95	125.72	126.49	127.26	128.03	128.80
Camarilla	126.08	126.22	126.36	126.50	126.64	126.78	126.92
Woodie	124.19	124.95	125.73	126.49	127.27	128.03	128.81
Fibonacci	124.95	125.54	125.90	126.49	127.08	127.44	128.03

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):	56.71
MACD (12,26,9):	0.0400
Directional Movement:	15.73
AROON (14):	50.00
DEMA (21):	126.82
Parabolic SAR (0,02-0,02-0,2):	126.56
Elder Ray (13):	0.04
Super Trend (3,10):	126.51
Zig ZAG (10):	126.83
VORTEX (21):	1.0300
Stochastique (14,3,5):	63.28
TEMA (21):	126.82
Williams %R (14):	-28.89
Chande Momentum Oscillator (20):	0.07
Repulse (5,40,3):	-0.0200
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.08

MA7:	126.72
MA20:	126.46
MA50:	124.93
MA100:	121.51
MAexp7:	126.81
MAexp20:	126.76
MAexp50:	126.68
MAexp100:	126.58
Price / MA7:	+0.07%
Price / MA20:	+0.28%
Price / MA50:	+1.50%
Price / MA100:	+4.36%
Price / MAexp7:	-0%
Price / MAexp20:	+0.04%
Price / MAexp50:	+0.10%
Price / MAexp100:	+0.18%

Quotes : - 15 min delayed data - NYSE MKT Stocks

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

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