ENTEGRIS INC. - Daily - Technical analysis published on 03/07/2024 (GMT)
- 202
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 139.63 USD
My targets
153.31 USD (+7.16%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ENTEGRIS INC. as long as the price remains well above 139.63 USD. The buyers' bullish objective is set at 153.31 USD. A bullish break in this resistance would boost the bullish momentum. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ENTEGRIS INC. rating 143.06 USD. The price registered an increase of +2.77% on the session with the lowest point at 140.06 USD and the highest point at 143.31 USD. The deviation from the price is +2.14% for the low point and -0.17% for the high point.140.06
143.31
143.06
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ENTEGRIS INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by 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 : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 113.43 | 131.62 | 139.63 | 143.06 | 153.31 |
| Change (%) | -20.71% | -8.00% | -2.40% | - | +7.16% |
| Change | -29.63 | -11.44 | -3.43 | - | +10.25 |
| Level | Intermediate | Major | 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 | 133.60 | 135.15 | 137.18 | 138.73 | 140.76 | 142.31 | 144.34 |
| Camarilla | 138.22 | 138.54 | 138.87 | 139.20 | 139.53 | 139.86 | 140.19 |
| Woodie | 133.83 | 135.27 | 137.41 | 138.85 | 140.99 | 142.43 | 144.57 |
| Fibonacci | 135.15 | 136.52 | 137.37 | 138.73 | 140.10 | 140.95 | 142.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 122.76 | 126.31 | 132.43 | 135.98 | 142.10 | 145.65 | 151.77 |
| Camarilla | 135.90 | 136.79 | 137.67 | 138.56 | 139.45 | 140.33 | 141.22 |
| Woodie | 124.06 | 126.95 | 133.73 | 136.62 | 143.40 | 146.29 | 153.07 |
| Fibonacci | 126.31 | 130.00 | 132.28 | 135.98 | 139.67 | 141.95 | 145.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 95.51 | 105.57 | 119.97 | 130.03 | 144.43 | 154.49 | 168.89 |
| Camarilla | 127.63 | 129.88 | 132.12 | 134.36 | 136.60 | 138.84 | 141.09 |
| Woodie | 97.67 | 106.66 | 122.13 | 131.12 | 146.59 | 155.58 | 171.05 |
| Fibonacci | 105.57 | 114.92 | 120.69 | 130.03 | 139.38 | 145.15 | 154.49 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.36 | |
| MACD (12,26,9): | 4.6600 | |
| Directional Movement: | 13.16 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 139.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 130.56 | |
| Elder Ray (13): | 5.57 | |
| Super Trend (3,10): | 128.54 | |
| Zig ZAG (10): | 142.21 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 77.15 | |
| TEMA (21): | 140.54 | |
| Williams %R (14): | -0.15 | |
| Chande Momentum Oscillator (20): | 7.30 | |
| Repulse (5,40,3): | 3.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5100 | |
| Courbe Coppock: | 12.56 |
| MA7: | 137.53 | |
| MA20: | 133.47 | |
| MA50: | 123.74 | |
| MA100: | 112.33 | |
| MAexp7: | 138.21 | |
| MAexp20: | 133.20 | |
| MAexp50: | 125.17 | |
| MAexp100: | 116.59 | |
| Price / MA7: | +4.02% | |
| Price / MA20: | +7.19% | |
| Price / MA50: | +15.61% | |
| Price / MA100: | +27.36% | |
| Price / MAexp7: | +3.51% | |
| Price / MAexp20: | +7.40% | |
| Price / MAexp50: | +14.29% | |
| Price / MAexp100: | +22.70% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on ENTEGRIS INC. at the time of the generation of this analysis was as follows:
- Entegris Fourth Quarter 2023 Results and Virtual Analyst Update - February 14, 2024 (Save the Date)
- Entegris Advances Corporate Social Responsibility Strategy and Sets New Aspirations
- Entegris to Report Results for Third Quarter of 2023 on Thursday, November 2, 2023
- Entegris Reports Results for Second Quarter of 2023
- Entegris to Report Results for Second Quarter of 2023 on Thursday, August 3, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ENTEGRIS INC. - Daily