PACCAR INC. - Daily - Technical analysis published on 07/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
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:
Neutral
De fond:
Bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 70.62 USD
My targets
72.24 USD (+2.24%)
79.00 USD (+11.80%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on PACCAR INC.. As long as you are above the support located at 70.62 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 72.24 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 79.00 USD as an objective. If the support 70.62 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more 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
PACCAR INC. rating 70.66 USD. The price registered an increase of +0.07% on the session and was between 70.23 USD and 70.91 USD. This implies that the price is at +0.61% from its lowest and at -0.35% from its highest.70.23
70.91
70.66
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 HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PACCAR INC. chart shows a bullish trend. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Black hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 62.28 | 67.06 | 70.62 | 70.66 | 72.24 | 79.00 |
| Change (%) | -11.86% | -5.09% | -0.06% | - | +2.24% | +11.80% |
| Change | -8.38 | -3.60 | -0.04 | - | +1.58 | +8.34 |
| Level | Major | Intermediate | Major | - | Major | 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 | 68.13 | 68.75 | 69.68 | 70.30 | 71.23 | 71.85 | 72.78 |
| Camarilla | 70.18 | 70.33 | 70.47 | 70.61 | 70.75 | 70.89 | 71.04 |
| Woodie | 68.29 | 68.83 | 69.83 | 70.38 | 71.39 | 71.93 | 72.93 |
| Fibonacci | 68.75 | 69.34 | 69.71 | 70.30 | 70.89 | 71.26 | 71.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.54 | 67.46 | 69.03 | 70.95 | 72.52 | 74.44 | 76.01 |
| Camarilla | 69.65 | 69.97 | 70.29 | 70.61 | 70.93 | 71.25 | 71.57 |
| Woodie | 65.38 | 67.37 | 68.86 | 70.86 | 72.36 | 74.35 | 75.85 |
| Fibonacci | 67.46 | 68.79 | 69.61 | 70.95 | 72.28 | 73.10 | 74.44 |
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): | 51.27 | |
| MACD (12,26,9): | 0.4700 | |
| Directional Movement: | -1.44 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 71.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 72.79 | |
| Elder Ray (13): | -0.38 | |
| Super Trend (3,10): | 68.49 | |
| Zig ZAG (10): | 70.66 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 44.23 | |
| TEMA (21): | 71.52 | |
| Williams %R (14): | -63.04 | |
| Chande Momentum Oscillator (20): | -0.54 | |
| Repulse (5,40,3): | 0.7800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 2.68 |
| MA7: | 71.20 | |
| MA20: | 70.84 | |
| MA50: | 69.76 | |
| MA100: | 69.25 | |
| MAexp7: | 71.04 | |
| MAexp20: | 70.70 | |
| MAexp50: | 69.89 | |
| MAexp100: | 68.59 | |
| Price / MA7: | -0.76% | |
| Price / MA20: | -0.25% | |
| Price / MA50: | +1.29% | |
| Price / MA100: | +2.04% | |
| Price / MAexp7: | -0.53% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | +1.10% | |
| Price / MAexp100: | +3.02% |
News
The latest news and videos published on PACCAR INC. at the time of the analysis were as follows:
- Stoneridge Recognized as a Top-Performing Supplier by PACCAR
- Dana Recognized by PACCAR as Top Performing Supplier for Product Development, Operations Support, and Business Alignment
- Consolidated Research: 2018 Summary Expectations for Southern, Edison International, Hanesbrands, PACCAR, Amphenol, and LPL Financial — Fundamental Analysis, Key Performance Indications
- Analysis: Positioning to Benefit within Ironwood Pharmaceuticals, Altaba, The AES, PACCAR, NVR, and WPX Energy — Research Highlights Growth, Revenue, and Consolidated Results
- PACCAR Inc to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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