MATTEL INC. - Daily - Technical analysis published on 11/14/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 11.64 USD
My targets
12.89 USD (+7.69%)
13.60 USD (+13.62%)
My analysis
The bullish trend is currently very strong on MATTEL INC.. As long as the price remains above the support at 11.64 USD, you could try to benefit from the boom. The first bullish objective is located at 12.89 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.60 USD as an objective. Crossing it would then enable buyers to target 14.61 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.1
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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 MATTEL INC. price is 11.97 USD. On the day, this instrument lost -0.33% with the lowest point at 11.80 USD and the highest point at 12.03 USD. The deviation from the price is +1.44% for the low point and -0.50% for the high point.11.80
12.03
11.97
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:
Technical
Technical analysis of this Daily chart of MATTEL INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.20 | 10.45 | 11.64 | 11.97 | 12.89 | 13.60 | 14.61 |
| Change (%) | -23.14% | -12.70% | -2.76% | - | +7.69% | +13.62% | +22.06% |
| Change | -2.77 | -1.52 | -0.33 | - | +0.92 | +1.63 | +2.64 |
| Level | Minor | Major | Major | - | Minor | Minor | Intermediate |
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 | 11.62 | 11.78 | 11.90 | 12.06 | 12.18 | 12.34 | 12.46 |
| Camarilla | 11.93 | 11.96 | 11.98 | 12.01 | 12.04 | 12.06 | 12.09 |
| Woodie | 11.59 | 11.77 | 11.87 | 12.05 | 12.15 | 12.33 | 12.43 |
| Fibonacci | 11.78 | 11.89 | 11.96 | 12.06 | 12.17 | 12.24 | 12.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.32 | 11.60 | 11.88 | 12.17 | 12.45 | 12.73 | 13.01 |
| Camarilla | 12.01 | 12.06 | 12.11 | 12.16 | 12.21 | 12.26 | 12.32 |
| Woodie | 11.31 | 11.60 | 11.88 | 12.16 | 12.44 | 12.73 | 13.01 |
| Fibonacci | 11.60 | 11.82 | 11.95 | 12.17 | 12.38 | 12.51 | 12.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.87 | 8.39 | 10.17 | 11.69 | 13.47 | 14.99 | 16.77 |
| Camarilla | 11.03 | 11.34 | 11.64 | 11.94 | 12.24 | 12.55 | 12.85 |
| Woodie | 6.99 | 8.46 | 10.29 | 11.76 | 13.59 | 15.06 | 16.89 |
| Fibonacci | 8.39 | 9.65 | 10.43 | 11.69 | 12.95 | 13.73 | 14.99 |
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): | 57.77 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 11.61 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 12.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.47 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 10.60 | |
| Zig ZAG (10): | 11.97 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 63.94 | |
| TEMA (21): | 12.21 | |
| Williams %R (14): | -37.88 | |
| Chande Momentum Oscillator (20): | 1.67 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 27.43 |
| MA7: | 12.10 | |
| MA20: | 11.41 | |
| MA50: | 11.21 | |
| MA100: | 11.37 | |
| MAexp7: | 11.99 | |
| MAexp20: | 11.64 | |
| MAexp50: | 11.36 | |
| MAexp100: | 11.42 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | +4.91% | |
| Price / MA50: | +6.78% | |
| Price / MA100: | +5.28% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | +2.84% | |
| Price / MAexp50: | +5.37% | |
| Price / MAexp100: | +4.82% |
News
The last news published on MATTEL INC. at the time of the generation of this analysis was as follows:
- HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Mattel (MAT) Investors to Contact Its Attorneys, Firm Investigating Admitted False Accounting and Possible Securities Fraud
- Investor Alert: Kaplan Fox Investigates Mattel, Inc. (Nasdaq: MAT)
-
Mattel, Inc. - MAT Stock Chart Technical Analysis for 10-30-2019
- Mattel Films, Daniel Kaluuya’s 59% and Valparaiso Pictures Announce Plans to Bring “Barney” to the Big Screen
- Barbie Dream Gap Project Launches GoFundMe Initiative Timed to One Year Anniversary of the Program
This member declared not having a position on this financial instrument or a related financial instrument.
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