ENTEGRIS INC. - Daily - Technical analysis published on 08/08/2024 (GMT)
- 176
- 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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 108.63 USD
My targets
100.37 USD (-2.92%)
87.61 USD (-15.26%)
My analysis
ENTEGRIS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 108.63 USD. The next support located at 100.37 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 87.61 USD. Below this support, sellers could then target 62.27 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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
The ENTEGRIS INC. rating is 103.39 USD. The price has increased by +5.40% since the last closing with the lowest point at 99.14 USD and the highest point at 103.83 USD. The deviation from the price is +4.29% for the low point and -0.42% for the high point.99.14
103.83
103.39
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on ENTEGRIS INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in Daily of this ENTEGRIS INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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: 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 62.27 | 87.61 | 100.37 | 103.39 | 108.63 | 113.26 | 121.94 |
| Change (%) | -39.77% | -15.26% | -2.92% | - | +5.07% | +9.55% | +17.94% |
| Change | -41.12 | -15.78 | -3.02 | - | +5.24 | +9.87 | +18.55 |
| Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.49 | 91.03 | 94.56 | 101.10 | 104.63 | 111.17 | 114.70 |
| Camarilla | 95.32 | 96.24 | 97.17 | 98.09 | 99.01 | 99.94 | 100.86 |
| Woodie | 82.99 | 90.28 | 93.06 | 100.35 | 103.13 | 110.42 | 113.20 |
| Fibonacci | 91.03 | 94.88 | 97.25 | 101.10 | 104.95 | 107.32 | 111.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.28 | 81.57 | 91.86 | 111.15 | 121.44 | 140.73 | 151.02 |
| Camarilla | 94.01 | 96.72 | 99.43 | 102.14 | 104.85 | 107.56 | 110.28 |
| Woodie | 57.77 | 79.32 | 87.35 | 108.90 | 116.93 | 138.48 | 146.51 |
| Fibonacci | 81.57 | 92.87 | 99.85 | 111.15 | 122.45 | 129.43 | 140.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.66 | 83.05 | 100.67 | 124.06 | 141.68 | 165.07 | 182.69 |
| Camarilla | 107.01 | 110.77 | 114.53 | 118.29 | 122.05 | 125.81 | 129.57 |
| Woodie | 56.78 | 81.61 | 97.79 | 122.62 | 138.80 | 163.63 | 179.81 |
| Fibonacci | 83.05 | 98.72 | 108.39 | 124.06 | 139.73 | 149.40 | 165.07 |
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): | 31.07 | |
| MACD (12,26,9): | -8.9900 | |
| Directional Movement: | -30.56 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 107.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 110.63 | |
| Elder Ray (13): | -11.33 | |
| Super Trend (3,10): | 123.42 | |
| Zig ZAG (10): | 103.44 | |
| VORTEX (21): | 0.7100 | |
| Stochastique (14,3,5): | 14.55 | |
| TEMA (21): | 100.51 | |
| Williams %R (14): | -78.79 | |
| Chande Momentum Oscillator (20): | -27.66 | |
| Repulse (5,40,3): | -5.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6500 | |
| Courbe Coppock: | 42.57 |
| MA7: | 105.16 | |
| MA20: | 122.61 | |
| MA50: | 129.56 | |
| MA100: | 131.26 | |
| MAexp7: | 106.22 | |
| MAexp20: | 117.79 | |
| MAexp50: | 126.01 | |
| MAexp100: | 127.42 | |
| Price / MA7: | -1.68% | |
| Price / MA20: | -15.68% | |
| Price / MA50: | -20.20% | |
| Price / MA100: | -21.23% | |
| Price / MAexp7: | -2.66% | |
| Price / MAexp20: | -12.23% | |
| Price / MAexp50: | -17.95% | |
| Price / MAexp100: | -18.86% |
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