DESPEGAR.COM - Daily - Technical analysis published on 02/17/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
DESPEGAR.COM Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 13.98 USD
My targets
15.01 USD (+2.32%)
16.90 USD (+15.18%)
My analysis
The bullish trend is currently very strong on DESPEGAR.COM. As long as the price remains above the support at 13.98 USD, you could try to benefit from the boom. The first bullish objective is located at 15.01 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16.90 USD as an objective. Crossing it would then enable buyers to target 18.50 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
7.7
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 DESPEGAR.COM price is 14.67 USD. On the day, this instrument gained +3.60% and was between 13.92 USD and 14.70 USD. This implies that the price is at +5.39% from its lowest and at -0.20% from its highest.13.92
14.70
14.67
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DESPEGAR.COM in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.66 | 13.33 | 13.98 | 14.67 | 15.01 | 18.50 | 22.88 |
| Change (%) | -20.52% | -9.13% | -4.70% | - | +2.32% | +26.11% | +55.96% |
| Change | -3.01 | -1.34 | -0.69 | - | +0.34 | +3.83 | +8.21 |
| Level | Major | Intermediate | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.72 | 13.89 | 14.02 | 14.19 | 14.32 | 14.49 | 14.62 |
| Camarilla | 14.08 | 14.11 | 14.13 | 14.16 | 14.19 | 14.22 | 14.24 |
| Woodie | 13.71 | 13.88 | 14.01 | 14.18 | 14.31 | 14.48 | 14.61 |
| Fibonacci | 13.89 | 14.00 | 14.07 | 14.19 | 14.30 | 14.37 | 14.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.32 | 13.08 | 13.53 | 14.29 | 14.74 | 15.50 | 15.95 |
| Camarilla | 13.64 | 13.75 | 13.86 | 13.97 | 14.08 | 14.19 | 14.30 |
| Woodie | 12.16 | 13.00 | 13.37 | 14.21 | 14.58 | 15.42 | 15.79 |
| Fibonacci | 13.08 | 13.55 | 13.83 | 14.29 | 14.76 | 15.04 | 15.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.19 | 11.24 | 13.02 | 14.07 | 15.85 | 16.90 | 18.68 |
| Camarilla | 14.03 | 14.29 | 14.55 | 14.81 | 15.07 | 15.33 | 15.59 |
| Woodie | 10.57 | 11.42 | 13.40 | 14.25 | 16.23 | 17.08 | 19.06 |
| Fibonacci | 11.24 | 12.32 | 12.99 | 14.07 | 15.15 | 15.82 | 16.90 |
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): | 59.76 | |
| MACD (12,26,9): | 0.2200 | |
| Directional Movement: | 8.84 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 14.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.34 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 13.29 | |
| Zig ZAG (10): | 14.67 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 69.80 | |
| TEMA (21): | 14.38 | |
| Williams %R (14): | -24.18 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 6.2600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2600 | |
| Courbe Coppock: | 12.02 |
| MA7: | 14.18 | |
| MA20: | 14.05 | |
| MA50: | 13.67 | |
| MA100: | 12.46 | |
| MAexp7: | 14.30 | |
| MAexp20: | 14.12 | |
| MAexp50: | 13.58 | |
| MAexp100: | 13.06 | |
| Price / MA7: | +3.46% | |
| Price / MA20: | +4.41% | |
| Price / MA50: | +7.32% | |
| Price / MA100: | +17.74% | |
| Price / MAexp7: | +2.59% | |
| Price / MAexp20: | +3.90% | |
| Price / MAexp50: | +8.03% | |
| Price / MAexp100: | +12.33% |
This member declared not having a position on this financial instrument or a related financial instrument.
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