SCIENTIFIC GAMES CORP - Daily - Technical analysis published on 10/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
SCIENTIFIC GAMES CORP Chart
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 21.19 USD
My targets
19.04 USD (-2.26%)
17.60 USD (-9.65%)
My analysis
The basic trend is currently slightly bearish on SCIENTIFIC GAMES CORP and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 21.19 USD, sales could be favoured. The first bearish objective would be located at 19.04 USD. Sellers would then use the next support located at 17.60 USD as an objective. Crossing it would then enable sellers to target 16.17 USD. A return to above the resistance at 21.19 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
4.3
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.
Additional analysis
Quotes
The SCIENTIFIC GAMES CORP price is 19.48 USD. The price is lower by -4.28% since the last closing with the lowest point at 19.48 USD and the highest point at 20.66 USD. The deviation from the price is 0% for the low point and -5.71% for the high point.19.48
20.66
19.48
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Technical
Technical analysis of SCIENTIFIC GAMES CORP in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being 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 adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, 12 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.17 | 17.60 | 19.04 | 19.48 | 21.19 | 23.91 | 25.61 |
| Change (%) | -16.99% | -9.65% | -2.26% | - | +8.78% | +22.74% | +31.47% |
| Change | -3.31 | -1.88 | -0.44 | - | +1.71 | +4.43 | +6.13 |
| Level | Major | Intermediate | Major | - | Major | Major | Minor |
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 | 19.27 | 19.76 | 20.06 | 20.55 | 20.85 | 21.34 | 21.64 |
| Camarilla | 20.13 | 20.21 | 20.28 | 20.35 | 20.42 | 20.50 | 20.57 |
| Woodie | 19.17 | 19.71 | 19.96 | 20.50 | 20.75 | 21.29 | 21.54 |
| Fibonacci | 19.76 | 20.07 | 20.25 | 20.55 | 20.86 | 21.04 | 21.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.62 | 18.53 | 19.67 | 21.58 | 22.72 | 24.63 | 25.77 |
| Camarilla | 19.97 | 20.25 | 20.53 | 20.81 | 21.09 | 21.36 | 21.64 |
| Woodie | 16.23 | 18.34 | 19.28 | 21.39 | 22.33 | 24.44 | 25.38 |
| Fibonacci | 18.53 | 19.69 | 20.41 | 21.58 | 22.74 | 23.46 | 24.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.18 | 13.74 | 17.05 | 20.61 | 23.92 | 27.48 | 30.79 |
| Camarilla | 18.46 | 19.09 | 19.72 | 20.35 | 20.98 | 21.61 | 22.24 |
| Woodie | 10.05 | 13.68 | 16.92 | 20.55 | 23.79 | 27.42 | 30.66 |
| Fibonacci | 13.74 | 16.37 | 17.99 | 20.61 | 23.24 | 24.86 | 27.48 |
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): | 40.00 | |
| MACD (12,26,9): | 0.4000 | |
| Directional Movement: | -12.25 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 21.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.50 | |
| Elder Ray (13): | -1.32 | |
| Super Trend (3,10): | 23.38 | |
| Zig ZAG (10): | 19.48 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 6.89 | |
| TEMA (21): | 21.83 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -4.45 | |
| Repulse (5,40,3): | -13.3100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.6900 | |
| Courbe Coppock: | 4.55 |
| MA7: | 21.48 | |
| MA20: | 21.77 | |
| MA50: | 19.81 | |
| MA100: | 19.79 | |
| MAexp7: | 21.06 | |
| MAexp20: | 21.21 | |
| MAexp50: | 20.41 | |
| MAexp100: | 20.35 | |
| Price / MA7: | -9.31% | |
| Price / MA20: | -10.52% | |
| Price / MA50: | -1.67% | |
| Price / MA100: | -1.57% | |
| Price / MAexp7: | -7.50% | |
| Price / MAexp20: | -8.16% | |
| Price / MAexp50: | -4.56% | |
| Price / MAexp100: | -4.28% |
News
The last news published on SCIENTIFIC GAMES CORP at the time of the generation of this analysis was as follows:
- Scientific Games Will Supply Latest Generation WAVE™ Lottery Terminals In Italy
- This Is Winning With Scientific Games At NASPL 2019 Conference In Little Rock, Arkansas
- Scientific Games Joint Venture Kicks Off National Sports Betting Program In Turkey, One Of World's Largest Sports Markets
- Scientific Games Selected To Exclusively Supply World-Leading Lottery Instant Games And Latest Generation WAVE™ Retailer Terminals For Turkish National Lottery
- Scientific Games Powers Tribal Sportsbook Launch in New York State with Oneida Indian Nation
This member declared not having a position on this financial instrument or a related financial instrument.
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