MESA LABORATORIES INC. - Daily - Technical analysis published on 08/28/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 222.93 USD
My targets
211.94 USD (-1.86%)
204.75 USD (-5.19%)
My analysis
The bearish trend is currently very strong for MESA LABORATORIES INC.. As long as the price remains below the resistance at 222.93 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 211.94 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 204.75 USD as an objective. Crossing it would then enable sellers to target 193.28 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
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
MESA LABORATORIES INC. rating 215.96 USD. On the day, this instrument gained +1.05% with the lowest point at 213.28 USD and the highest point at 216.00 USD. The deviation from the price is +1.26% for the low point and -0.02% for the high point.213.28
216.00
215.96
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this MESA LABORATORIES INC. chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong 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:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 193.28 | 204.75 | 211.94 | 215.96 | 222.93 | 233.98 | 244.34 |
| Change (%) | -10.50% | -5.19% | -1.86% | - | +3.23% | +8.34% | +13.14% |
| Change | -22.68 | -11.21 | -4.02 | - | +6.97 | +18.02 | +28.38 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Major |
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 | 200.96 | 204.66 | 209.19 | 212.89 | 217.42 | 221.12 | 225.65 |
| Camarilla | 211.45 | 212.20 | 212.96 | 213.71 | 214.46 | 215.22 | 215.97 |
| Woodie | 201.37 | 204.87 | 209.60 | 213.10 | 217.83 | 221.33 | 226.06 |
| Fibonacci | 204.66 | 207.81 | 209.75 | 212.89 | 216.04 | 217.98 | 221.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.48 | 193.04 | 199.87 | 212.43 | 219.26 | 231.82 | 238.65 |
| Camarilla | 201.36 | 203.14 | 204.91 | 206.69 | 208.47 | 210.25 | 212.02 |
| Woodie | 177.61 | 191.61 | 197.00 | 211.00 | 216.39 | 230.39 | 235.78 |
| Fibonacci | 193.04 | 200.45 | 205.03 | 212.43 | 219.84 | 224.42 | 231.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.66 | 201.58 | 226.63 | 247.55 | 272.60 | 293.52 | 318.57 |
| Camarilla | 239.04 | 243.25 | 247.47 | 251.68 | 255.89 | 260.11 | 264.32 |
| Woodie | 182.73 | 202.61 | 228.70 | 248.58 | 274.67 | 294.55 | 320.64 |
| Fibonacci | 201.58 | 219.14 | 229.99 | 247.55 | 265.11 | 275.96 | 293.52 |
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): | 42.69 | |
| MACD (12,26,9): | -5.7700 | |
| Directional Movement: | -13.90 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 214.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 233.49 | |
| Elder Ray (13): | -3.52 | |
| Super Trend (3,10): | 238.36 | |
| Zig ZAG (10): | 215.81 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 36.64 | |
| TEMA (21): | 210.34 | |
| Williams %R (14): | -49.93 | |
| Chande Momentum Oscillator (20): | -1.99 | |
| Repulse (5,40,3): | -0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3100 | |
| Courbe Coppock: | 17.26 |
| MA7: | 215.22 | |
| MA20: | 224.98 | |
| MA50: | 231.36 | |
| MA100: | 232.20 | |
| MAexp7: | 214.89 | |
| MAexp20: | 221.41 | |
| MAexp50: | 227.33 | |
| MAexp100: | 228.57 | |
| Price / MA7: | +0.34% | |
| Price / MA20: | -4.01% | |
| Price / MA50: | -6.66% | |
| Price / MA100: | -6.99% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | -2.79% | |
| Price / MAexp50: | -5.32% | |
| Price / MAexp100: | -5.83% |
News
Don"t forget to follow the news on MESA LABORATORIES INC.. At the time of publication of this analysis, the latest news was as follows:
- Analysis: Positioning to Benefit within Mesa Laboratories, World Acceptance, Mammoth Energy Services, Yintech Investment, Stamps, and Vera Bradley — Research Highlights Growth, Revenue, and Consolidated Results
- Factors of Influence in 2018, Key Indicators and Opportunity within Antero Midstream, Generac Holdings, Town Sports International, Mesa Laboratories, Ultrapar Participacoes, and United Microelectronics — New Research Emphasizes Economic Growth
-
Mesa Laboratories
- Mesa Labs Reports Record Third Quarter Revenues and Adjusted Net Income
- Mesa Labs Declares Quarterly Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
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