INTERNATIONAL SPEEDWAY

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Ticker:	ISCA
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INTERNATIONAL SPEEDWAY - Daily - Technical analysis published on 08/05/2019 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

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INTERNATIONAL SPEEDWAY Chart

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

11%

44%

My opinion

Bullish above 44.58 USD

My targets

45.55 USD (+1.04%)

47.05 USD (+4.37%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 44.58 USD remains possible. It is advisable to trade INTERNATIONAL SPEEDWAY with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 44.58 USD. The next bullish objective for buyers is set at 45.55 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 47.05 USD. If there is any crossing, the next objective would be the resistance located at 54.40 USD. PS: if there is a bearish break in the support located at 44.58 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Comment on the analysis

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

INTERNATIONAL SPEEDWAY rating 45.08 USD. The price is lower by -0.20% since the last closing with the lowest point at 45.04 USD and the highest point at 45.19 USD. The deviation from the price is +0.09% for the low point and -0.24% for the high point.

45.04

45.19

45.08

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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 INTERNATIONAL SPEEDWAY chart shows a bullish trend. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	42.07	43.21	44.58	45.08	45.55	47.05	54.40
Change (%)	-6.68%	-4.15%	-1.11%	-	+1.04%	+4.37%	+20.67%
Change	-3.01	-1.87	-0.50	-	+0.47	+1.97	+9.32
Level	Intermediate	Minor	Major	-	Major	Major	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	44.95	45.02	45.10	45.17	45.25	45.32	45.40
Camarilla	45.13	45.14	45.16	45.17	45.18	45.20	45.21
Woodie	44.95	45.02	45.10	45.17	45.25	45.32	45.40
Fibonacci	45.02	45.08	45.12	45.17	45.23	45.27	45.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.55	44.80	44.99	45.24	45.43	45.68	45.87
Camarilla	45.05	45.09	45.13	45.17	45.21	45.25	45.29
Woodie	44.51	44.79	44.95	45.23	45.39	45.67	45.83
Fibonacci	44.80	44.97	45.08	45.24	45.41	45.52	45.68

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.69	44.17	44.63	45.11	45.57	46.05	46.51
Camarilla	44.82	44.91	44.99	45.08	45.17	45.25	45.34
Woodie	43.67	44.17	44.61	45.11	45.55	46.05	46.49
Fibonacci	44.17	44.53	44.75	45.11	45.47	45.69	46.05

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):	49.97
MACD (12,26,9):	0.1000
Directional Movement:	1.32
AROON (14):	28.57
DEMA (21):	45.32
Parabolic SAR (0,02-0,02-0,2):	45.55
Elder Ray (13):	-0.10
Super Trend (3,10):	44.67
Zig ZAG (10):	45.10
VORTEX (21):	0.9900
Stochastique (14,3,5):	27.78
TEMA (21):	45.24
Williams %R (14):	-83.33
Chande Momentum Oscillator (20):	-0.15
Repulse (5,40,3):	-0.2600
ROCnROLL:	-1
TRIX (15,9):	0.0400
Courbe Coppock:	0.76

MA7:	45.25
MA20:	45.20
MA50:	45.01
MA100:	44.04
MAexp7:	45.20
MAexp20:	45.17
MAexp50:	44.84
MAexp100:	44.27
Price / MA7:	-0.38%
Price / MA20:	-0.27%
Price / MA50:	+0.16%
Price / MA100:	+2.36%
Price / MAexp7:	-0.27%
Price / MAexp20:	-0.20%
Price / MAexp50:	+0.54%
Price / MAexp100:	+1.83%

News

The last news published on INTERNATIONAL SPEEDWAY at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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