EXPEDITORS INTERNATIONAL OF WASHINGTON - 1H - Technical analysis published on 08/05/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
EXPEDITORS INTERNATIONAL OF WASHINGTON Chart
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 102.19 USD
My targets
104.83 USD (+1.35%)
106.13 USD (+2.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EXPEDITORS INTERNATIONAL OF WASHINGTON as long as the price remains well above 102.19 USD. The buyers' bullish objective is set at 104.83 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 106.13 USD. If there is any crossing, the next objective would be the resistance located at 114.13 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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This analysis was given by Londinia.
Additional analysis
Quotes
EXPEDITORS INTERNATIONAL OF WASHINGTON rating 103.43 USD. On the day, this instrument lost -0.12% with the lowest point at 103.06 USD and the highest point at 104.46 USD. The deviation from the price is +0.36% for the low point and -0.99% for the high point.103.06
104.46
103.43
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EXPEDITORS INTERNATIONAL OF WASHINGTON:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EXPEDITORS INTERNATIONAL OF WASHINGTON indicates that the overall trend is strongly bullish. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
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:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Black evening star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 95.77 | 99.05 | 102.19 | 103.43 | 104.83 | 106.13 | 114.13 |
| Change (%) | -7.41% | -4.23% | -1.20% | - | +1.35% | +2.61% | +10.35% |
| Change | -7.66 | -4.38 | -1.24 | - | +1.40 | +2.70 | +10.70 |
| Level | Major | Intermediate | Major | - | 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 | 101.87 | 102.25 | 102.90 | 103.28 | 103.93 | 104.31 | 104.96 |
| Camarilla | 103.27 | 103.36 | 103.46 | 103.55 | 103.64 | 103.74 | 103.83 |
| Woodie | 102.01 | 102.32 | 103.04 | 103.35 | 104.07 | 104.38 | 105.10 |
| Fibonacci | 102.25 | 102.64 | 102.89 | 103.28 | 103.67 | 103.92 | 104.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90.46 | 93.85 | 100.05 | 103.44 | 109.64 | 113.03 | 119.23 |
| Camarilla | 103.61 | 104.49 | 105.37 | 106.25 | 107.13 | 108.01 | 108.89 |
| Woodie | 91.87 | 94.55 | 101.46 | 104.14 | 111.05 | 113.73 | 120.64 |
| Fibonacci | 93.85 | 97.51 | 99.78 | 103.44 | 107.10 | 109.37 | 113.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.69 | 87.64 | 96.94 | 101.89 | 111.19 | 116.14 | 125.44 |
| Camarilla | 102.33 | 103.64 | 104.94 | 106.25 | 107.56 | 108.86 | 110.17 |
| Woodie | 84.88 | 88.73 | 99.13 | 102.98 | 113.38 | 117.23 | 127.63 |
| Fibonacci | 87.64 | 93.08 | 96.44 | 101.89 | 107.33 | 110.69 | 116.14 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.15 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 6.85 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 103.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 99.05 | |
| Elder Ray (13): | 0.39 | |
| Super Trend (3,10): | 104.91 | |
| Zig ZAG (10): | 103.55 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 54.94 | |
| TEMA (21): | 103.09 | |
| Williams %R (14): | -50.64 | |
| Chande Momentum Oscillator (20): | 0.48 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.93 |
| MA7: | 104.17 | |
| MA20: | 100.48 | |
| MA50: | 100.87 | |
| MA100: | 101.71 | |
| MAexp7: | 103.33 | |
| MAexp20: | 103.29 | |
| MAexp50: | 102.91 | |
| MAexp100: | 101.72 | |
| Price / MA7: | -0.71% | |
| Price / MA20: | +2.94% | |
| Price / MA50: | +2.54% | |
| Price / MA100: | +1.69% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.51% | |
| Price / MAexp100: | +1.68% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on EXPEDITORS INTERNATIONAL OF WASHINGTON. At the time of publication of this analysis, the latest news was as follows:
- Expeditors Reports Second Quarter 2022 EPS Of $2.27
- Expeditors Announces Semi-Annual Cash Dividend of $0.67
- Expeditors Reports First Quarter 2022 EPS of $2.05
- Expeditors Reports Fourth Quarter 2021 EPS Of $2.66
- Expeditors Targeted in Cyber-attack
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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