NATIONAL VISION HLD. - Daily - Technical analysis published on 08/05/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
6%
67%
28%
My opinion
Bearish under 31.97 USD
My targets
28.91 USD (-3.02%)
26.44 USD (-11.30%)
My analysis
NATIONAL VISION HLD. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 31.97 USD. The next support located at 28.91 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 26.44 USD.
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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
NATIONAL VISION HLD. rating 29.81 USD. The price registered a decrease of -1.88% on the session and was between 29.46 USD and 30.39 USD. This implies that the price is at +1.19% from its lowest and at -1.91% from its highest.29.46
30.39
29.81
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of NATIONAL VISION HLD. indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 26.44 | 28.91 | 29.81 | 31.97 | 35.19 | 38.33 |
| Change (%) | -11.30% | -3.02% | - | +7.25% | +18.05% | +28.58% |
| Change | -3.37 | -0.90 | - | +2.16 | +5.38 | +8.52 |
| Level | Intermediate | Minor | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.38 | 28.47 | 29.42 | 30.51 | 31.46 | 32.55 | 33.50 |
| Camarilla | 29.82 | 30.01 | 30.19 | 30.38 | 30.57 | 30.75 | 30.94 |
| Woodie | 27.32 | 28.44 | 29.36 | 30.48 | 31.40 | 32.52 | 33.44 |
| Fibonacci | 28.47 | 29.25 | 29.73 | 30.51 | 31.29 | 31.77 | 32.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.62 | 30.19 | 31.26 | 31.83 | 32.90 | 33.47 | 34.54 |
| Camarilla | 31.89 | 32.04 | 32.19 | 32.34 | 32.49 | 32.64 | 32.79 |
| Woodie | 29.88 | 30.32 | 31.52 | 31.96 | 33.16 | 33.60 | 34.80 |
| Fibonacci | 30.19 | 30.81 | 31.20 | 31.83 | 32.45 | 32.84 | 33.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.71 | 28.03 | 29.81 | 31.13 | 32.91 | 34.23 | 36.01 |
| Camarilla | 30.74 | 31.02 | 31.31 | 31.59 | 31.87 | 32.16 | 32.44 |
| Woodie | 26.94 | 28.15 | 30.04 | 31.25 | 33.14 | 34.35 | 36.24 |
| Fibonacci | 28.03 | 29.21 | 29.95 | 31.13 | 32.31 | 33.05 | 34.23 |
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): | 41.22 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | -4.11 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 31.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 32.27 | |
| Elder Ray (13): | -1.23 | |
| Super Trend (3,10): | 29.30 | |
| Zig ZAG (10): | 29.81 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 31.61 | |
| TEMA (21): | 31.17 | |
| Williams %R (14): | -88.29 | |
| Chande Momentum Oscillator (20): | -1.88 | |
| Repulse (5,40,3): | -3.1300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 0.80 |
| MA7: | 31.32 | |
| MA20: | 31.29 | |
| MA50: | 30.03 | |
| MA100: | 29.46 | |
| MAexp7: | 30.95 | |
| MAexp20: | 31.09 | |
| MAexp50: | 30.43 | |
| MAexp100: | 30.48 | |
| Price / MA7: | -4.82% | |
| Price / MA20: | -4.73% | |
| Price / MA50: | -0.73% | |
| Price / MA100: | +1.19% | |
| Price / MAexp7: | -3.68% | |
| Price / MAexp20: | -4.12% | |
| Price / MAexp50: | -2.04% | |
| Price / MAexp100: | -2.20% |
News
The last news published on NATIONAL VISION HLD. at the time of the generation of this analysis was as follows:
- National Vision Holdings, Inc. Announces Second Quarter 2019 Earnings Release and Conference Call
- National Vision Holdings, Inc. Appoints Heather Cianfrocco to Board of Directors
- National Vision Welcomes Melissa Rasmussen as Chief Accounting Officer
- National Vision Welcomes Bill Clark as its First “Chief People Officer”
- Eyeglass World Launches New Philanthropic Outreach Program
This member declared not having a position on this financial instrument or a related financial instrument.
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