FLEETCOR TECHNOLOGIES INC. - Daily - Technical analysis published on 09/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
FLEETCOR TECHNOLOGIES INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
22%
56%
22%
My opinion
Bearish under 294.46 USD
My targets
266.74 USD (-6.70%)
227.84 USD (-20.31%)
My analysis
The current short-term bearish acceleration registered on FLEETCOR TECHNOLOGIES INC. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 294.46 USD. Short-term sellers will use the support located at 266.74 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 227.84 USD. Crossing this support would then open the door for sellers to target 198.32 USD. Caution, if there is a return to below 294.46 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
2.1
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 Vincent Launay.
Additional analysis
Quotes
The FLEETCOR TECHNOLOGIES INC. rating is 285.91 USD. On the day, this instrument lost -0.63% and was between 284.07 USD and 290.93 USD. This implies that the price is at +0.65% from its lowest and at -1.73% from its highest.284.07
290.93
285.91
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this FLEETCOR TECHNOLOGIES INC. chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 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
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 198.32 | 227.84 | 266.74 | 285.91 | 294.46 |
| Change (%) | -30.64% | -20.31% | -6.70% | - | +2.99% |
| Change | -87.59 | -58.07 | -19.17 | - | +8.55 |
| Level | Minor | Major | 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 | 284.55 | 285.94 | 286.83 | 288.22 | 289.11 | 290.50 | 291.39 |
| Camarilla | 287.09 | 287.30 | 287.51 | 287.72 | 287.93 | 288.14 | 288.35 |
| Woodie | 284.30 | 285.82 | 286.58 | 288.10 | 288.86 | 290.38 | 291.14 |
| Fibonacci | 285.94 | 286.81 | 287.35 | 288.22 | 289.09 | 289.63 | 290.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 271.85 | 280.22 | 284.66 | 293.03 | 297.47 | 305.84 | 310.28 |
| Camarilla | 285.58 | 286.75 | 287.93 | 289.10 | 290.27 | 291.45 | 292.62 |
| Woodie | 269.89 | 279.24 | 282.70 | 292.05 | 295.51 | 304.86 | 308.32 |
| Fibonacci | 280.22 | 285.11 | 288.14 | 293.03 | 297.92 | 300.95 | 305.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 236.13 | 250.53 | 274.47 | 288.86 | 312.80 | 327.20 | 351.13 |
| Camarilla | 287.86 | 291.37 | 294.89 | 298.40 | 301.91 | 305.43 | 308.94 |
| Woodie | 240.90 | 252.92 | 279.23 | 291.25 | 317.57 | 329.58 | 355.90 |
| Fibonacci | 250.53 | 265.18 | 274.22 | 288.86 | 303.51 | 312.55 | 327.20 |
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): | 42.99 | |
| MACD (12,26,9): | -0.6000 | |
| Directional Movement: | -9.76 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 291.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 301.40 | |
| Elder Ray (13): | -3.94 | |
| Super Trend (3,10): | 284.62 | |
| Zig ZAG (10): | 285.91 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 22.92 | |
| TEMA (21): | 289.50 | |
| Williams %R (14): | -84.60 | |
| Chande Momentum Oscillator (20): | -16.73 | |
| Repulse (5,40,3): | -3.4700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 3.93 |
| MA7: | 292.13 | |
| MA20: | 293.53 | |
| MA50: | 290.65 | |
| MA100: | 281.07 | |
| MAexp7: | 290.01 | |
| MAexp20: | 291.97 | |
| MAexp50: | 289.22 | |
| MAexp100: | 279.09 | |
| Price / MA7: | -2.13% | |
| Price / MA20: | -2.60% | |
| Price / MA50: | -1.63% | |
| Price / MA100: | +1.72% | |
| Price / MAexp7: | -1.41% | |
| Price / MAexp20: | -2.08% | |
| Price / MAexp50: | -1.14% | |
| Price / MAexp100: | +2.44% |
News
The latest news and videos published on FLEETCOR TECHNOLOGIES INC. at the time of the analysis were as follows:
- FLEETCOR Announces European Fuel Card Head to Lead North America Fuel Card Business
- FLEETCOR Partners with Nissan on Contactless Payments in Brazil
- FLEETCOR INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In FleetCor Technologies, Inc. To Contact The Firm
- FLEETCOR to Acquire Nvoicepay, a Leader in Full AP Automation Software
- FLEETCOR Appoints Scott duFour as Chief Information Officer
This member declared not having a position on this financial instrument or a related financial instrument.
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