SIGNATURE BANK - Daily - Technical analysis published on 11/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
SIGNATURE BANK Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
11%
44%
44%
My opinion
Bullish above 123.99 USD
My targets
126.04 USD (+1.30%)
128.35 USD (+3.16%)
My analysis
SIGNATURE BANK 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 123.99 USD. The next resistance located at 126.04 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 128.35 USD. After this resistance, buyers could then target 133.05 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.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
3.9
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The SIGNATURE BANK rating is 124.42 USD. The price registered an increase of +0.56% on the session and was between 123.65 USD and 125.34 USD. This implies that the price is at +0.62% from its lowest and at -0.73% from its highest.123.65
125.34
124.42
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SIGNATURE BANK:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this SIGNATURE BANK 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 scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : 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 slightly bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Parabolic SAR indicator bearish reversal
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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : Daily
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 119.24 | 121.25 | 123.99 | 124.42 | 126.04 | 128.35 | 133.05 |
| Change (%) | -4.16% | -2.55% | -0.35% | - | +1.30% | +3.16% | +6.94% |
| Change | -5.18 | -3.17 | -0.43 | - | +1.62 | +3.93 | +8.63 |
| Level | Major | Intermediate | Major | - | Major | Major | 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 | 118.88 | 120.20 | 121.97 | 123.29 | 125.06 | 126.38 | 128.15 |
| Camarilla | 122.88 | 123.16 | 123.45 | 123.73 | 124.01 | 124.30 | 124.58 |
| Woodie | 119.10 | 120.31 | 122.19 | 123.40 | 125.28 | 126.49 | 128.37 |
| Fibonacci | 120.20 | 121.38 | 122.11 | 123.29 | 124.47 | 125.20 | 126.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 116.20 | 118.86 | 121.30 | 123.96 | 126.40 | 129.06 | 131.50 |
| Camarilla | 122.33 | 122.80 | 123.26 | 123.73 | 124.20 | 124.67 | 125.13 |
| Woodie | 116.08 | 118.81 | 121.18 | 123.91 | 126.28 | 129.01 | 131.38 |
| Fibonacci | 118.86 | 120.81 | 122.02 | 123.96 | 125.91 | 127.12 | 129.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.43 | 108.27 | 113.30 | 119.14 | 124.17 | 130.01 | 135.04 |
| Camarilla | 115.33 | 116.33 | 117.32 | 118.32 | 119.32 | 120.31 | 121.31 |
| Woodie | 102.02 | 108.07 | 112.89 | 118.94 | 123.76 | 129.81 | 134.63 |
| Fibonacci | 108.27 | 112.43 | 114.99 | 119.14 | 123.30 | 125.86 | 130.01 |
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): | 53.85 | |
| MACD (12,26,9): | 0.9400 | |
| Directional Movement: | 6.96 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 125.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.90 | |
| Elder Ray (13): | 0.22 | |
| Super Trend (3,10): | 117.64 | |
| Zig ZAG (10): | 124.42 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 43.14 | |
| TEMA (21): | 125.22 | |
| Williams %R (14): | -55.54 | |
| Chande Momentum Oscillator (20): | -0.28 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 2.79 |
| MA7: | 124.46 | |
| MA20: | 123.92 | |
| MA50: | 121.37 | |
| MA100: | 121.17 | |
| MAexp7: | 124.46 | |
| MAexp20: | 123.81 | |
| MAexp50: | 122.22 | |
| MAexp100: | 121.64 | |
| Price / MA7: | -0.03% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +2.51% | |
| Price / MA100: | +2.68% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | +1.80% | |
| Price / MAexp100: | +2.29% |
News
Don"t forget to follow the news on SIGNATURE BANK. At the time of publication of this analysis, the latest news was as follows:
- Signature Bank Announces Offering of Subordinated Notes
- Signature Bank Reports 2019 Third Quarter Results
- Signature Bank to Host 2019 Third Quarter Results Conference Call
- Signature Bank Ranks Number One in Three Categories of New York Law Journal’s 10th Annual “Best of” Survey
- Atlantic Energy enters into a combined $25 million Capital Facility with Signature Bank and V3 Commodities
This member declared not having a position on this financial instrument or a related financial instrument.
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