FIVE BELOW INC. - Daily - Technical analysis published on 07/12/2019 (GMT)
- 236
- 0
- Who voted?
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
Court terme:
Bullish
De fond:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 114.87 USD
My targets
133.81 USD (+2.96%)
142.30 USD (+9.50%)
My analysis
A bullish trend on FIVE BELOW INC. both in substance and in the short term. A purchase could be considered as long as the price remains above 114.87 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 133.81 USD. Then the price could move towards 142.30 USD. Then 147.50 USD by extension. Be careful, a return below 114.87 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FIVE BELOW INC. price is 129.96 USD. On the day, this instrument gained +1.90% and was between 127.68 USD and 130.11 USD. This implies that the price is at +1.79% from its lowest and at -0.12% from its highest.127.68
130.11
129.96
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FIVE BELOW INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of FIVE BELOW INC. indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 89.61 | 110.32 | 114.87 | 129.96 | 133.81 | 142.30 | 147.50 |
| Change (%) | -31.05% | -15.11% | -11.61% | - | +2.96% | +9.50% | +13.50% |
| Change | -40.35 | -19.64 | -15.09 | - | +3.85 | +12.34 | +17.54 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Intermediate |
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 | 121.72 | 123.94 | 125.74 | 127.96 | 129.76 | 131.98 | 133.78 |
| Camarilla | 126.43 | 126.80 | 127.17 | 127.54 | 127.91 | 128.28 | 128.65 |
| Woodie | 121.51 | 123.84 | 125.53 | 127.86 | 129.55 | 131.88 | 133.57 |
| Fibonacci | 123.94 | 125.48 | 126.42 | 127.96 | 129.50 | 130.44 | 131.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 117.36 | 119.51 | 123.49 | 125.64 | 129.62 | 131.77 | 135.75 |
| Camarilla | 125.78 | 126.35 | 126.91 | 127.47 | 128.03 | 128.59 | 129.16 |
| Woodie | 118.28 | 119.97 | 124.41 | 126.10 | 130.54 | 132.23 | 136.67 |
| Fibonacci | 119.51 | 121.85 | 123.30 | 125.64 | 127.98 | 129.43 | 131.77 |
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): | 54.51 | |
| MACD (12,26,9): | -0.3100 | |
| Directional Movement: | -3.71 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 126.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 119.03 | |
| Elder Ray (13): | 1.98 | |
| Super Trend (3,10): | 132.78 | |
| Zig ZAG (10): | 129.96 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 77.01 | |
| TEMA (21): | 126.95 | |
| Williams %R (14): | -15.49 | |
| Chande Momentum Oscillator (20): | 5.07 | |
| Repulse (5,40,3): | 1.8600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1400 | |
| Courbe Coppock: | 2.38 |
| MA7: | 127.38 | |
| MA20: | 126.83 | |
| MA50: | 129.60 | |
| MA100: | 127.89 | |
| MAexp7: | 127.67 | |
| MAexp20: | 126.98 | |
| MAexp50: | 128.09 | |
| MAexp100: | 126.81 | |
| Price / MA7: | +2.03% | |
| Price / MA20: | +2.47% | |
| Price / MA50: | +0.28% | |
| Price / MA100: | +1.62% | |
| Price / MAexp7: | +1.79% | |
| Price / MAexp20: | +2.35% | |
| Price / MAexp50: | +1.46% | |
| Price / MAexp100: | +2.48% |
News
The last news published on FIVE BELOW INC. at the time of the generation of this analysis was as follows:
-
Why Investors Should Pay Attention to Tariffs, FAANG, Five Below and Beyond Meat
- Option-trading opportunities on Citigroup, Five Below Inc., Micron, Lululemon, and Match Group
-
Amazon, Ulta And Five Below Among Holiday Retail Winners: Forrester Analyst | CNBC
- Thinking about buying stock or options on Bank of America, Five Below Inc., Kinder Morgan, NVIDIA or Sprint Corp?
- Five Below Announces Opening Of Market Street Store In Philadelphia
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 FIVE BELOW INC. - Daily