CLOUDERA INC. - Daily - Technical analysis published on 01/27/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
CLOUDERA INC. Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
11%
44%
44%
My opinion
Bullish above 11.03 USD
My targets
11.98 USD (+5.27%)
12.74 USD (+11.95%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CLOUDERA INC.. As long as you are above the support located at 11.03 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 11.98 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 12.74 USD as an objective. Crossing it would then enable buyers to target 15.68 USD. If the support 11.03 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
FORCE
0
10
1.4
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 CLOUDERA INC. rating is 11.38 USD. On the day, this instrument lost -0.52% with the lowest point at 11.25 USD and the highest point at 11.61 USD. The deviation from the price is +1.16% for the low point and -1.98% for the high point.11.25
11.61
11.38
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CLOUDERA INC.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CLOUDERA INC. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 7.01 | 9.44 | 11.31 | 11.38 | 11.98 | 12.74 | 15.68 |
| Change (%) | -38.40% | -17.05% | -0.62% | - | +5.27% | +11.95% | +37.79% |
| Change | -4.37 | -1.94 | -0.07 | - | +0.60 | +1.36 | +4.30 |
| Level | Minor | Major | Major | - | Major | Minor | Minor |
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 | 10.99 | 11.11 | 11.27 | 11.39 | 11.55 | 11.67 | 11.83 |
| Camarilla | 11.36 | 11.39 | 11.41 | 11.44 | 11.47 | 11.49 | 11.52 |
| Woodie | 11.02 | 11.12 | 11.30 | 11.40 | 11.58 | 11.68 | 11.86 |
| Fibonacci | 11.11 | 11.21 | 11.28 | 11.39 | 11.49 | 11.56 | 11.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.98 | 10.51 | 11.03 | 11.56 | 12.08 | 12.61 | 13.13 |
| Camarilla | 11.27 | 11.37 | 11.46 | 11.56 | 11.66 | 11.75 | 11.85 |
| Woodie | 9.99 | 10.51 | 11.04 | 11.56 | 12.09 | 12.61 | 13.14 |
| Fibonacci | 10.51 | 10.91 | 11.16 | 11.56 | 11.96 | 12.21 | 12.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.41 | 8.41 | 10.02 | 11.03 | 12.64 | 13.64 | 15.25 |
| Camarilla | 10.91 | 11.15 | 11.39 | 11.63 | 11.87 | 12.11 | 12.35 |
| Woodie | 7.71 | 8.56 | 10.32 | 11.18 | 12.94 | 13.79 | 15.55 |
| Fibonacci | 8.41 | 9.41 | 10.03 | 11.03 | 12.03 | 12.64 | 13.64 |
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): | 51.32 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | -6.34 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 11.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.06 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 10.92 | |
| Zig ZAG (10): | 11.38 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 38.64 | |
| TEMA (21): | 11.49 | |
| Williams %R (14): | -63.64 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | -1.9000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3500 | |
| Courbe Coppock: | 2.44 |
| MA7: | 11.46 | |
| MA20: | 11.60 | |
| MA50: | 10.74 | |
| MA100: | 9.73 | |
| MAexp7: | 11.47 | |
| MAexp20: | 11.45 | |
| MAexp50: | 10.82 | |
| MAexp100: | 10.02 | |
| Price / MA7: | -0.70% | |
| Price / MA20: | -1.90% | |
| Price / MA50: | +5.96% | |
| Price / MA100: | +16.96% | |
| Price / MAexp7: | -0.78% | |
| Price / MAexp20: | -0.61% | |
| Price / MAexp50: | +5.18% | |
| Price / MAexp100: | +13.57% |
This member declared not having a position on this financial instrument or a related financial instrument.
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