ELECTRONIC ARTS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	EA
ISIN:

ELECTRONIC ARTS INC. - Daily - Technical analysis published on 10/21/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 95.08 USD

My targets

99.63 USD (+3.99%)

102.71 USD (+7.20%)

My analysis

The basic bullish trend is very strong on ELECTRONIC ARTS INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 95.08 USD. Crossing the first resistance at 99.63 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 102.71 USD as an objective. Crossing it would then enable buyers to target 106.84 USD. Caution, a return to below 95.08 USD would be a sign of a consolidation phase in the short-term basic trend. 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.

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

6.8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ELECTRONIC ARTS INC. price is 95.81 USD. On the day, this instrument gained +0.72% and was traded between 95.00 USD and 96.83 USD over the period. The price is currently at +0.85% from its lowest and -1.05% from its highest.

95.00

96.83

95.81

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

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:

Technical

Technical analysis of ELECTRONIC ARTS INC. in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Black evening star

Type : Bearish

Timeframe : Daily

Abandoned baby evening star

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	87.65	92.51	95.08	95.81	99.63	102.71	106.84
Change (%)	-8.52%	-3.44%	-0.76%	-	+3.99%	+7.20%	+11.51%
Change	-8.16	-3.30	-0.73	-	+3.82	+6.90	+11.03
Level	Major	Major	Major	-	Intermediate	Intermediate	Major

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	92.04	93.04	94.09	95.09	96.14	97.14	98.19
Camarilla	94.57	94.75	94.94	95.13	95.32	95.51	95.69
Woodie	92.06	93.05	94.11	95.10	96.16	97.15	98.21
Fibonacci	93.04	93.83	94.31	95.09	95.88	96.36	97.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.27	89.99	92.56	95.28	97.85	100.57	103.14
Camarilla	93.68	94.16	94.65	95.13	95.62	96.10	96.59
Woodie	87.20	89.95	92.49	95.24	97.78	100.53	103.07
Fibonacci	89.99	92.01	93.26	95.28	97.30	98.55	100.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	83.92	88.29	93.05	97.42	102.18	106.55	111.31
Camarilla	95.31	96.15	96.98	97.82	98.66	99.49	100.33
Woodie	84.13	88.39	93.26	97.52	102.39	106.65	111.52
Fibonacci	88.29	91.77	93.93	97.42	100.90	103.06	106.55

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):	51.57
MACD (12,26,9):	-0.1700
Directional Movement:	1.01
AROON (14):	50.00
DEMA (21):	95.14
Parabolic SAR (0,02-0,02-0,2):	93.15
Elder Ray (13):	0.68
Super Trend (3,10):	99.39
Zig ZAG (10):	95.81
VORTEX (21):	0.8800
Stochastique (14,3,5):	64.04
TEMA (21):	94.71
Williams %R (14):	-37.50
Chande Momentum Oscillator (20):	1.47
Repulse (5,40,3):	0.3500
ROCnROLL:	1
TRIX (15,9):	-0.0500
Courbe Coppock:	2.82

MA7:	95.31
MA20:	95.24
MA50:	95.25
MA100:	94.27
MAexp7:	95.35
MAexp20:	95.35
MAexp50:	95.17
MAexp100:	94.82
Price / MA7:	+0.52%
Price / MA20:	+0.60%
Price / MA50:	+0.59%
Price / MA100:	+1.63%
Price / MAexp7:	+0.48%
Price / MAexp20:	+0.48%
Price / MAexp50:	+0.67%
Price / MAexp100:	+1.04%

News

The last news published on ELECTRONIC ARTS INC. at the time of the generation of this analysis was as follows:

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

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