MICROSTRATEGY INC. - Daily - Technical analysis published on 02/06/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 141.24 USD
My targets
158.00 USD (+3.38%)
163.88 USD (+7.22%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICROSTRATEGY INC. as long as the price remains well above 141.24 USD. The buyers” bullish objective is set at 158.00 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 163.88 USD. If there is any crossing, the next objective would be the resistance located at 175.98 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
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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 MICROSTRATEGY INC. rating is 152.84 USD. The price has increased by +0.68% since the last closing with the lowest point at 150.84 USD and the highest point at 153.31 USD. The deviation from the price is +1.33% for the low point and -0.31% for the high point.150.84
153.31
152.84
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this MICROSTRATEGY INC. chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : Daily
Bullish harami cross
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 130.90 | 141.24 | 150.89 | 152.84 | 158.00 | 163.88 | 175.98 |
| Change (%) | -14.35% | -7.59% | -1.28% | - | +3.38% | +7.22% | +15.14% |
| Change | -21.94 | -11.60 | -1.95 | - | +5.16 | +11.04 | +23.14 |
| Level | Minor | 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 | 148.59 | 149.52 | 150.67 | 151.60 | 152.75 | 153.68 | 154.83 |
| Camarilla | 151.24 | 151.43 | 151.62 | 151.81 | 152.00 | 152.19 | 152.38 |
| Woodie | 148.69 | 149.58 | 150.77 | 151.66 | 152.85 | 153.74 | 154.93 |
| Fibonacci | 149.52 | 150.32 | 150.81 | 151.60 | 152.40 | 152.89 | 153.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 116.77 | 129.01 | 140.52 | 152.76 | 164.27 | 176.51 | 188.02 |
| Camarilla | 145.50 | 147.68 | 149.85 | 152.03 | 154.21 | 156.38 | 158.56 |
| Woodie | 116.41 | 128.83 | 140.16 | 152.58 | 163.91 | 176.33 | 187.66 |
| Fibonacci | 129.01 | 138.08 | 143.69 | 152.76 | 161.83 | 167.44 | 176.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 116.77 | 129.01 | 140.52 | 152.76 | 164.27 | 176.51 | 188.02 |
| Camarilla | 145.50 | 147.68 | 149.85 | 152.03 | 154.21 | 156.38 | 158.56 |
| Woodie | 116.41 | 128.83 | 140.16 | 152.58 | 163.91 | 176.33 | 187.66 |
| Fibonacci | 129.01 | 138.08 | 143.69 | 152.76 | 161.83 | 167.44 | 176.51 |
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): | 63.60 | |
| MACD (12,26,9): | 1.4700 | |
| Directional Movement: | 17.23 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 149.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 143.14 | |
| Elder Ray (13): | 3.08 | |
| Super Trend (3,10): | 145.97 | |
| Zig ZAG (10): | 152.84 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 42.64 | |
| TEMA (21): | 151.43 | |
| Williams %R (14): | -51.20 | |
| Chande Momentum Oscillator (20): | 6.10 | |
| Repulse (5,40,3): | -2.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 7.53 |
| MA7: | 150.78 | |
| MA20: | 146.87 | |
| MA50: | 147.36 | |
| MA100: | 148.25 | |
| MAexp7: | 150.55 | |
| MAexp20: | 148.08 | |
| MAexp50: | 147.46 | |
| MAexp100: | 146.47 | |
| Price / MA7: | +1.37% | |
| Price / MA20: | +4.06% | |
| Price / MA50: | +3.72% | |
| Price / MA100: | +3.10% | |
| Price / MAexp7: | +1.52% | |
| Price / MAexp20: | +3.21% | |
| Price / MAexp50: | +3.65% | |
| Price / MAexp100: | +4.35% |
News
The last news published on MICROSTRATEGY INC. at the time of the generation of this analysis was as follows:
- MicroStrategy Education™ Offerings Take a Digital Leap with Online Course Catalogue & Digital Certifications
- MicroStrategy 2020™ Ignites a New Era of Enterprise Analytics
- MicroStrategy World™ 2020 to Empower Analytics Leaders with a Vision for Intelligence Everywhere™
- Perficient to Demonstrate AI-Powered Customer Intelligence Strategies at MicroStrategy World
- MicroStrategy Announces Fourth Quarter 2019 Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
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