MATTEL INC. - Daily - Technical analysis published on 07/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 10.45 USD
My targets
12.06 USD (+1.09%)
12.82 USD (+7.46%)
My analysis
The strong short-term increase of MATTEL INC. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 10.45 USD, a purchase could be considered. The first bullish objective is located at 12.06 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 12.82 USD. If there is any crossing, the next objective would be the resistance at 14.87 USD. Caution, if there is a return under 10.45 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MATTEL INC. rating is 11.93 USD. The price has increased by +1.19% since the last closing and was between 11.64 USD and 11.99 USD. This implies that the price is at +2.49% from its lowest and at -0.50% from its highest.11.64
11.99
11.93
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MATTEL INC. in Daily shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Black evening star
Type : Bearish
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 9.26 | 10.45 | 11.93 | 12.06 | 12.82 | 14.87 |
| Change (%) | -22.38% | -12.41% | - | +1.09% | +7.46% | +24.64% |
| Change | -2.67 | -1.48 | - | +0.13 | +0.89 | +2.94 |
| Level | Minor | Major | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.36 | 11.58 | 11.68 | 11.90 | 12.00 | 12.22 | 12.32 |
| Camarilla | 11.70 | 11.73 | 11.76 | 11.79 | 11.82 | 11.85 | 11.88 |
| Woodie | 11.31 | 11.55 | 11.63 | 11.87 | 11.95 | 12.19 | 12.27 |
| Fibonacci | 11.58 | 11.70 | 11.77 | 11.90 | 12.02 | 12.09 | 12.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.75 | 11.05 | 11.51 | 11.81 | 12.26 | 12.57 | 13.02 |
| Camarilla | 11.75 | 11.82 | 11.89 | 11.96 | 12.03 | 12.10 | 12.17 |
| Woodie | 10.83 | 11.09 | 11.58 | 11.85 | 12.34 | 12.60 | 13.09 |
| Fibonacci | 11.05 | 11.34 | 11.52 | 11.81 | 12.10 | 12.28 | 12.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.27 | 8.43 | 9.82 | 10.98 | 12.37 | 13.53 | 14.92 |
| Camarilla | 10.51 | 10.74 | 10.98 | 11.21 | 11.44 | 11.68 | 11.91 |
| Woodie | 7.39 | 8.49 | 9.94 | 11.04 | 12.49 | 13.59 | 15.04 |
| Fibonacci | 8.43 | 9.40 | 10.01 | 10.98 | 11.95 | 12.56 | 13.53 |
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): | 57.34 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 4.13 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 11.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.34 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 10.90 | |
| Zig ZAG (10): | 11.93 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 80.00 | |
| TEMA (21): | 12.04 | |
| Williams %R (14): | -23.75 | |
| Chande Momentum Oscillator (20): | 0.52 | |
| Repulse (5,40,3): | 1.7500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1900 | |
| Courbe Coppock: | 16.06 |
| MA7: | 11.84 | |
| MA20: | 11.43 | |
| MA50: | 11.22 | |
| MA100: | 12.32 | |
| MAexp7: | 11.85 | |
| MAexp20: | 11.60 | |
| MAexp50: | 11.59 | |
| MAexp100: | 12.01 | |
| Price / MA7: | +0.76% | |
| Price / MA20: | +4.37% | |
| Price / MA50: | +6.33% | |
| Price / MA100: | -3.17% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +2.84% | |
| Price / MAexp50: | +2.93% | |
| Price / MAexp100: | -0.67% |
News
Don"t forget to follow the news on MATTEL INC.. At the time of publication of this analysis, the latest news was as follows:
- Mattel Extends Global Licensing Partnership With Warner Bros. Consumer Products For DC
- Mattel Appoints Jamie Cygielman To Lead American Girl®
- Mattel Reports First Quarter 2019 Financial Results
-
Mattel's Fisher Price Recalls All 'Rock 'n Play' Models Due to Reports of Death
- LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Mattel, Inc. To Contact The Firm
This member declared not having a position on this financial instrument or a related financial instrument.
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