LAZARD INC. - Daily - Technical analysis published on 10/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 35.32 USD
My targets
36.93 USD (+3.56%)
38.69 USD (+8.50%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on LAZARD as long as the price remains well above 35.32 USD. The buyers” bullish objective is set at 36.93 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 38.69 USD. If there is any crossing, the next objective would be the resistance located at 40.66 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.5
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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
LAZARD rating 35.66 USD. On the day, this instrument gained +1.62% and was between 35.21 USD and 35.68 USD. This implies that the price is at +1.28% from its lowest and at -0.06% from its highest.35.21
35.68
35.66
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LAZARD:
Technical
A technical analysis in Daily of this LAZARD chart shows a bullish trend. 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. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
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 channel 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 | 33.20 | 34.23 | 35.32 | 35.66 | 36.93 | 38.69 | 40.66 |
| Change (%) | -6.90% | -4.01% | -0.95% | - | +3.56% | +8.50% | +14.02% |
| Change | -2.46 | -1.43 | -0.34 | - | +1.27 | +3.03 | +5.00 |
| Level | Intermediate | Major | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.40 | 34.67 | 34.88 | 35.15 | 35.36 | 35.63 | 35.84 |
| Camarilla | 34.96 | 35.00 | 35.05 | 35.09 | 35.13 | 35.18 | 35.22 |
| Woodie | 34.37 | 34.66 | 34.85 | 35.14 | 35.33 | 35.62 | 35.81 |
| Fibonacci | 34.67 | 34.85 | 34.97 | 35.15 | 35.33 | 35.45 | 35.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.36 | 32.29 | 33.44 | 34.37 | 35.52 | 36.45 | 37.60 |
| Camarilla | 34.01 | 34.20 | 34.39 | 34.58 | 34.77 | 34.96 | 35.15 |
| Woodie | 31.46 | 32.34 | 33.54 | 34.42 | 35.62 | 36.50 | 37.70 |
| Fibonacci | 32.29 | 33.09 | 33.58 | 34.37 | 35.17 | 35.66 | 36.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.92 | 29.59 | 32.29 | 35.96 | 38.66 | 42.33 | 45.03 |
| Camarilla | 33.25 | 33.83 | 34.42 | 35.00 | 35.58 | 36.17 | 36.75 |
| Woodie | 25.45 | 29.35 | 31.82 | 35.72 | 38.19 | 42.09 | 44.56 |
| Fibonacci | 29.59 | 32.02 | 33.52 | 35.96 | 38.39 | 39.89 | 42.33 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.43 | |
| MACD (12,26,9): | -0.1300 | |
| Directional Movement: | 3.63 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 34.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 33.37 | |
| Elder Ray (13): | 0.43 | |
| Super Trend (3,10): | 36.65 | |
| Zig ZAG (10): | 35.66 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 70.82 | |
| TEMA (21): | 34.76 | |
| Williams %R (14): | -0.81 | |
| Chande Momentum Oscillator (20): | 1.29 | |
| Repulse (5,40,3): | 2.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 6.96 |
| MA7: | 34.76 | |
| MA20: | 35.27 | |
| MA50: | 34.88 | |
| MA100: | 34.66 | |
| MAexp7: | 35.01 | |
| MAexp20: | 35.10 | |
| MAexp50: | 35.14 | |
| MAexp100: | 35.22 | |
| Price / MA7: | +2.59% | |
| Price / MA20: | +1.11% | |
| Price / MA50: | +2.24% | |
| Price / MA100: | +2.89% | |
| Price / MAexp7: | +1.86% | |
| Price / MAexp20: | +1.60% | |
| Price / MAexp50: | +1.48% | |
| Price / MAexp100: | +1.25% |
News
The last news published on LAZARD at the time of the generation of this analysis was as follows:
- Lazard Reports September 2019 Assets Under Management
- Lazard to Announce Third-Quarter and Nine-Month 2019 Results
- Kevin Jach Rejoins Lazard as a Managing Director in Its Middle Market Consumer, Food & Retail Group
- Lazard World Dividend & Income Fund Declares Monthly Distribution
- Lazard Global Total Return and Income Fund Declares Monthly Distribution
This member declared not having a position on this financial instrument or a related financial instrument.
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