ARROWHEAD PHARMACEUTICALS INC. - Daily - Technical analysis published on 07/31/2019 (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%
11%
33%
My opinion
Bullish above 28.82 USD
My targets
31.35 USD (+5.74%)
33.87 USD (+14.22%)
My analysis
ARROWHEAD PHARMACEUTICALS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 28.82 USD. The next resistance located at 31.35 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 33.87 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
The ARROWHEAD PHARMACEUTICALS INC. rating is 29.65 USD. On the day, this instrument gained +0.34% and was traded between 29.38 USD and 29.90 USD over the period. The price is currently at +0.92% from its lowest and -0.84% from its highest.29.38
29.90
29.65
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
Here is a more detailed summary of the historical variations registered by ARROWHEAD PHARMACEUTICALS INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 this Daily chart of ARROWHEAD PHARMACEUTICALS INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% 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. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
S3 | S2 | S1 | Price | |
---|---|---|---|---|
ProTrendLines | 20.30 | 26.57 | 28.82 | 29.65 |
Change (%) | -31.53% | -10.39% | -2.80% | - |
Change | -9.35 | -3.08 | -0.83 | - |
Level | Major | 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 | 27.09 | 27.60 | 28.57 | 29.08 | 30.05 | 30.56 | 31.53 |
Camarilla | 29.14 | 29.28 | 29.41 | 29.55 | 29.69 | 29.82 | 29.96 |
Woodie | 27.33 | 27.72 | 28.81 | 29.20 | 30.29 | 30.68 | 31.77 |
Fibonacci | 27.60 | 28.16 | 28.51 | 29.08 | 29.64 | 29.99 | 30.56 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 26.12 | 27.29 | 28.40 | 29.57 | 30.68 | 31.85 | 32.96 |
Camarilla | 28.89 | 29.10 | 29.31 | 29.52 | 29.73 | 29.94 | 30.15 |
Woodie | 26.10 | 27.28 | 28.38 | 29.56 | 30.66 | 31.84 | 32.94 |
Fibonacci | 27.29 | 28.16 | 28.70 | 29.57 | 30.44 | 30.98 | 31.85 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 19.05 | 21.47 | 23.99 | 26.41 | 28.93 | 31.35 | 33.87 |
Camarilla | 25.14 | 25.59 | 26.05 | 26.50 | 26.95 | 27.41 | 27.86 |
Woodie | 19.09 | 21.50 | 24.03 | 26.44 | 28.97 | 31.38 | 33.91 |
Fibonacci | 21.47 | 23.36 | 24.53 | 26.41 | 28.30 | 29.47 | 31.35 |
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): | 61.39 | |
MACD (12,26,9): | 0.8900 | |
Directional Movement: | 10.75 | |
AROON (14): | 42.86 | |
DEMA (21): | 29.72 | |
Parabolic SAR (0,02-0,02-0,2): | 30.68 | |
Elder Ray (13): | 0.71 | |
Super Trend (3,10): | 26.75 | |
Zig ZAG (10): | 29.71 | |
VORTEX (21): | 1.1600 | |
Stochastique (14,3,5): | 70.22 | |
TEMA (21): | 29.60 | |
Williams %R (14): | -22.18 | |
Chande Momentum Oscillator (20): | 1.87 | |
Repulse (5,40,3): | 3.0200 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.4700 | |
Courbe Coppock: | 18.99 |
MA7: | 29.32 | |
MA20: | 28.24 | |
MA50: | 26.85 | |
MA100: | 22.79 | |
MAexp7: | 29.29 | |
MAexp20: | 28.50 | |
MAexp50: | 26.47 | |
MAexp100: | 23.74 | |
Price / MA7: | +1.13% | |
Price / MA20: | +4.99% | |
Price / MA50: | +10.43% | |
Price / MA100: | +30.10% | |
Price / MAexp7: | +1.23% | |
Price / MAexp20: | +4.04% | |
Price / MAexp50: | +12.01% | |
Price / MAexp100: | +24.89% |
News
The latest news and videos published on ARROWHEAD PHARMACEUTICALS INC. at the time of the analysis were as follows:
- Kontoor Brands and Arrowhead Pharmaceuticals Set to Join S&P SmallCap 600
- Arrowhead Pharmaceuticals to Present at Upcoming March 2019 Conferences
- Arrowhead Pharmaceuticals Reports Fiscal 2019 First Quarter Results
- Arrowhead Pharmaceuticals, Inc. to Host Earnings Call
- Investor Network: Arrowhead Pharmaceuticals, Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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