HASBRO INC. - Daily - Technical analysis published on 10/24/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 99.07 USD
My targets
95.50 USD (-1.34%)
88.70 USD (-8.37%)
My analysis
In the short term, we can see an acceleration in the bearish trend on HASBRO INC., which is a positive signal for sellers. As long as the price remains above 99.07 USD, a sale could be considered. The first bearish objective is located at 95.50 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 88.70 USD as an objective. Crossing it would then enable sellers to target 83.02 USD. If the price were to return above 99.07 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
6.1
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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
The HASBRO INC. price is 96.80 USD. On the day, this instrument lost -2.62% and was traded between 95.60 USD and 99.51 USD over the period. The price is currently at +1.26% from its lowest and -2.72% from its highest.95.60
99.51
96.80
The Central Gaps scanner detects a bearish 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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on HASBRO INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of HASBRO INC. indicates that the overall trend is bearish. The signals given by moving averages are 75% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 83.02 | 88.70 | 95.50 | 96.80 | 99.07 | 104.29 | 108.99 |
| Change (%) | -14.24% | -8.37% | -1.34% | - | +2.35% | +7.74% | +12.59% |
| Change | -13.78 | -8.10 | -1.30 | - | +2.27 | +7.49 | +12.19 |
| Level | Major | Minor | Intermediate | - | Intermediate | Major | 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 | 94.03 | 96.04 | 97.72 | 99.74 | 101.42 | 103.43 | 105.11 |
| Camarilla | 98.38 | 98.72 | 99.06 | 99.40 | 99.74 | 100.08 | 100.42 |
| Woodie | 93.86 | 95.96 | 97.55 | 99.65 | 101.25 | 103.35 | 104.94 |
| Fibonacci | 96.04 | 97.45 | 98.32 | 99.74 | 101.15 | 102.02 | 103.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 117.59 | 118.90 | 120.43 | 121.74 | 123.27 | 124.58 | 126.11 |
| Camarilla | 121.18 | 121.44 | 121.70 | 121.96 | 122.22 | 122.48 | 122.74 |
| Woodie | 117.70 | 118.95 | 120.54 | 121.79 | 123.38 | 124.64 | 126.22 |
| Fibonacci | 118.90 | 119.98 | 120.65 | 121.74 | 122.83 | 123.50 | 124.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 97.31 | 102.70 | 110.70 | 116.09 | 124.08 | 129.47 | 137.47 |
| Camarilla | 115.01 | 116.24 | 117.46 | 118.69 | 119.92 | 121.14 | 122.37 |
| Woodie | 98.61 | 103.35 | 112.00 | 116.74 | 125.38 | 130.12 | 138.77 |
| Fibonacci | 102.70 | 107.81 | 110.97 | 116.09 | 121.20 | 124.36 | 129.47 |
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): | 20.75 | |
| MACD (12,26,9): | -2.9500 | |
| Directional Movement: | -39.38 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 111.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 121.93 | |
| Elder Ray (13): | -14.61 | |
| Super Trend (3,10): | 109.61 | |
| Zig ZAG (10): | 96.52 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 4.71 | |
| TEMA (21): | 107.75 | |
| Williams %R (14): | -96.01 | |
| Chande Momentum Oscillator (20): | -19.96 | |
| Repulse (5,40,3): | -5.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 12.22 |
| MA7: | 111.81 | |
| MA20: | 116.17 | |
| MA50: | 115.10 | |
| MA100: | 112.87 | |
| MAexp7: | 107.93 | |
| MAexp20: | 114.01 | |
| MAexp50: | 114.68 | |
| MAexp100: | 111.53 | |
| Price / MA7: | -13.42% | |
| Price / MA20: | -16.67% | |
| Price / MA50: | -15.90% | |
| Price / MA100: | -14.24% | |
| Price / MAexp7: | -10.31% | |
| Price / MAexp20: | -15.10% | |
| Price / MAexp50: | -15.59% | |
| Price / MAexp100: | -13.21% |
News
The last news published on HASBRO INC. at the time of the generation of this analysis was as follows:
- Hasbro Reports Third Quarter 2019 Financial Results
- Entertainment One Shareholders Vote to Approve Acquisition by Hasbro
- Kilburn Live Teams With HASBRO to Unveil NERF Challenge The Ultimate Live Entertainment Touring Experience
- Hasbro to Webcast Third Quarter 2019 Earnings Conference Call
- Hasbro Recognized As One of Working Mother’s 100 Best Companies for 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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