SRC ENERGY INC. - Daily - Technical analysis published on 06/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
SRC ENERGY INC. Chart
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 4.84 USD
My targets
4.05 USD (-15.63%)
My analysis
The bearish basic trend is very strong on SRC ENERGY INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 4.84 USD. Crossing the first support at 4.05 USD would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 4.84 USD would be a sign of a possible consolidation phase of 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.
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.
Additional analysis
Quotes
The SRC ENERGY INC. price is 4.80 USD. The price registered a decrease of -1.24% on the session with the lowest point at 4.77 USD and the highest point at 5.00 USD. The deviation from the price is +0.63% for the low point and -4.00% for the high point.4.77
5.00
4.80
The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SRC ENERGY INC.:
Technical
Technical analysis of SRC ENERGY INC. in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.05 | 4.80 | 4.84 | 5.59 | 6.66 |
| Change (%) | -15.63% | - | +0.83% | +16.46% | +38.75% |
| Change | -0.75 | - | +0.04 | +0.79 | +1.86 |
| Level | Major | - | Major | Minor | Intermediate |
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 | 4.44 | 4.59 | 4.72 | 4.87 | 5.00 | 5.15 | 5.28 |
| Camarilla | 4.78 | 4.81 | 4.83 | 4.86 | 4.89 | 4.91 | 4.94 |
| Woodie | 4.44 | 4.59 | 4.72 | 4.86 | 5.00 | 5.14 | 5.28 |
| Fibonacci | 4.59 | 4.69 | 4.76 | 4.87 | 4.97 | 5.04 | 5.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.13 | 4.30 | 4.51 | 4.68 | 4.89 | 5.06 | 5.27 |
| Camarilla | 4.61 | 4.64 | 4.68 | 4.71 | 4.74 | 4.78 | 4.81 |
| Woodie | 4.14 | 4.31 | 4.52 | 4.69 | 4.90 | 5.07 | 5.28 |
| Fibonacci | 4.30 | 4.45 | 4.54 | 4.68 | 4.83 | 4.92 | 5.06 |
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): | 47.47 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -0.09 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 4.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.44 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 5.42 | |
| Zig ZAG (10): | 4.80 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 71.52 | |
| TEMA (21): | 4.60 | |
| Williams %R (14): | -31.42 | |
| Chande Momentum Oscillator (20): | 0.25 | |
| Repulse (5,40,3): | -2.5000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.6500 | |
| Courbe Coppock: | 0.26 |
| MA7: | 4.70 | |
| MA20: | 4.70 | |
| MA50: | 5.40 | |
| MA100: | 5.19 | |
| MAexp7: | 4.74 | |
| MAexp20: | 4.81 | |
| MAexp50: | 5.10 | |
| MAexp100: | 5.37 | |
| Price / MA7: | +2.13% | |
| Price / MA20: | +2.13% | |
| Price / MA50: | -11.11% | |
| Price / MA100: | -7.51% | |
| Price / MAexp7: | +1.27% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -5.88% | |
| Price / MAexp100: | -10.61% |
This member declared not having a position on this financial instrument or a related financial instrument.
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