FACTSET RESEARCH SYSTEMS INC. - Daily - Technical analysis published on 10/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 269.24 USD
My targets
235.32 USD (-0.03%)
221.94 USD (-5.72%)
My analysis
FACTSET RESEARCH SYSTEMS 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 269.24 USD. The next support located at 235.32 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 221.94 USD. Below this support, sellers could then target 205.29 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FACTSET RESEARCH SYSTEMS INC. rating 235.40 USD. On the day, this instrument lost -1.69% and was between 233.09 USD and 237.93 USD. This implies that the price is at +0.99% from its lowest and at -1.06% from its highest.233.09
237.93
235.40
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of FACTSET RESEARCH SYSTEMS INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 205.29 | 221.94 | 235.32 | 235.40 | 269.24 | 283.83 | 302.05 |
| Change (%) | -12.79% | -5.72% | -0.03% | - | +14.38% | +20.57% | +28.31% |
| Change | -30.11 | -13.46 | -0.08 | - | +33.84 | +48.43 | +66.65 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 236.26 | 237.67 | 238.56 | 239.97 | 240.86 | 242.27 | 243.16 |
| Camarilla | 238.81 | 239.02 | 239.23 | 239.44 | 239.65 | 239.86 | 240.07 |
| Woodie | 235.99 | 237.54 | 238.29 | 239.84 | 240.59 | 242.14 | 242.89 |
| Fibonacci | 237.67 | 238.55 | 239.10 | 239.97 | 240.85 | 241.40 | 242.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 222.78 | 228.01 | 234.53 | 239.76 | 246.28 | 251.51 | 258.03 |
| Camarilla | 237.81 | 238.89 | 239.96 | 241.04 | 242.12 | 243.19 | 244.27 |
| Woodie | 223.42 | 228.33 | 235.17 | 240.08 | 246.92 | 251.83 | 258.67 |
| Fibonacci | 228.01 | 232.50 | 235.28 | 239.76 | 244.25 | 247.03 | 251.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 172.01 | 205.00 | 223.99 | 256.98 | 275.97 | 308.96 | 327.95 |
| Camarilla | 228.68 | 233.44 | 238.21 | 242.97 | 247.74 | 252.50 | 257.27 |
| Woodie | 165.00 | 201.50 | 216.98 | 253.48 | 268.96 | 305.46 | 320.94 |
| Fibonacci | 205.00 | 224.86 | 237.13 | 256.98 | 276.84 | 289.11 | 308.96 |
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): | 27.41 | |
| MACD (12,26,9): | -10.4900 | |
| Directional Movement: | -30.62 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 241.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 256.35 | |
| Elder Ray (13): | -12.77 | |
| Super Trend (3,10): | 255.70 | |
| Zig ZAG (10): | 235.28 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 9.41 | |
| TEMA (21): | 235.01 | |
| Williams %R (14): | -96.46 | |
| Chande Momentum Oscillator (20): | -47.24 | |
| Repulse (5,40,3): | -0.9200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4000 | |
| Courbe Coppock: | 27.85 |
| MA7: | 239.00 | |
| MA20: | 260.53 | |
| MA50: | 268.87 | |
| MA100: | 278.26 | |
| MAexp7: | 241.32 | |
| MAexp20: | 254.18 | |
| MAexp50: | 265.66 | |
| MAexp100: | 268.39 | |
| Price / MA7: | -1.51% | |
| Price / MA20: | -9.65% | |
| Price / MA50: | -12.45% | |
| Price / MA100: | -15.40% | |
| Price / MAexp7: | -2.45% | |
| Price / MAexp20: | -7.39% | |
| Price / MAexp50: | -11.39% | |
| Price / MAexp100: | -12.29% |
News
The last news published on FACTSET RESEARCH SYSTEMS INC. at the time of the generation of this analysis was as follows:
- Abel Noser Solutions Teams Up With FactSet Research Systems For Multi-Asset Best Execution And Regulatory Reporting
- Abel Noser Solutions Teams Up With FactSet Research Systems For Multi-Asset Best Execution And Regulatory Reporting
- Investor Network: FactSet Research Systems Inc. to Host Earnings Call
- FactSet Strengthens Global Wealth Management Offering, Agrees to Acquire Interactive Data Managed Solutions
- FactSet Expands Multi-Asset Class Analytics, Performance, and Risk Solutions with Axioma Strategic Relationship
This member declared not having a position on this financial instrument or a related financial instrument.
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