CHASE CORP.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CCF
ISIN:

CHASE CORP. - 1H - Technical analysis published on 10/18/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

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CHASE CORP. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

78%

22%

My opinion

Bullish above 126.79 USD

My targets

127.25 USD (+0.19%)

127.46 USD (+0.35%)

My analysis

The current short-term bullish acceleration on CHASE CORP. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 126.79 USD. Short-term buyers will use the resistance located at 127.25 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 127.46 USD. Crossing this resistance would then open the door for buyers to target 128.95 USD. Caution, if there is a return to under 126.79 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

4.3

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 127.01 USD. The price is lower by -0.02% since the last closing with the lowest point at 126.81 USD and the highest point at 127.08 USD. The deviation from the price is +0.16% for the low point and -0.06% for the high point.

126.81

127.08

127.01

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 CHASE CORP.:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of CHASE CORP. in 1H shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	126.70	126.79	126.92	127.01	127.10	127.25	127.38
Change (%)	-0.24%	-0.17%	-0.07%	-	+0.07%	+0.19%	+0.29%
Change	-0.31	-0.22	-0.09	-	+0.09	+0.24	+0.37
Level	Minor	Minor	Major	-	Major	Minor	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	126.56	126.65	126.85	126.94	127.14	127.23	127.43
Camarilla	126.96	126.99	127.01	127.04	127.07	127.09	127.12
Woodie	126.61	126.68	126.90	126.97	127.19	127.26	127.48
Fibonacci	126.65	126.76	126.83	126.94	127.05	127.12	127.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	125.33	125.92	126.29	126.88	127.25	127.84	128.21
Camarilla	126.41	126.49	126.58	126.67	126.76	126.85	126.93
Woodie	125.23	125.87	126.19	126.83	127.15	127.79	128.11
Fibonacci	125.92	126.28	126.51	126.88	127.24	127.47	127.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	125.56	125.90	126.56	126.90	127.56	127.90	128.56
Camarilla	126.96	127.05	127.14	127.23	127.32	127.41	127.51
Woodie	125.73	125.98	126.73	126.98	127.73	127.98	128.73
Fibonacci	125.90	126.28	126.52	126.90	127.28	127.52	127.90

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):	56.92
MACD (12,26,9):	0.0500
Directional Movement:	6.19
AROON (14):	71.42
DEMA (21):	126.95
Parabolic SAR (0,02-0,02-0,2):	126.75
Elder Ray (13):	0.08
Super Trend (3,10):	126.59
Zig ZAG (10):	127.02
VORTEX (21):	1.0400
Stochastique (14,3,5):	92.11
TEMA (21):	127.04
Williams %R (14):	-15.79
Chande Momentum Oscillator (20):	0.28
Repulse (5,40,3):	0.1200
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.28

MA7:	126.84
MA20:	127.01
MA50:	126.68
MA100:	125.08
MAexp7:	126.99
MAexp20:	126.91
MAexp50:	126.93
MAexp100:	126.97
Price / MA7:	+0.13%
Price / MA20:	-0%
Price / MA50:	+0.26%
Price / MA100:	+1.54%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.06%
Price / MAexp100:	+0.03%

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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