SPLUNK INC.

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SPLK
ISIN:

SPLUNK INC. - Daily - Technical analysis published on 07/09/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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SPLUNK INC. Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Slightly bullish

Technical indicators

83%

17%

My opinion

Bullish above 128.11 USD

My targets

132.45 USD (+1.56%)

138.90 USD (+6.51%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on SPLUNK INC. as long as the price remains well above 128.11 USD. The buyers” bullish objective is set at 132.45 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 138.90 USD.

Comment on the analysis

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 SPLUNK INC. rating is 130.41 USD. The price registered an increase of +0.07% on the session with the lowest point at 128.12 USD and the highest point at 130.47 USD. The deviation from the price is +1.79% for the low point and -0.05% for the high point.

128.12

130.47

130.41

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:

Technical

Technical analysis of this Daily chart of SPLUNK INC. indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	105.60	119.83	128.11	130.41	132.45	138.90
Change (%)	-19.02%	-8.11%	-1.76%	-	+1.56%	+6.51%
Change	-24.81	-10.58	-2.30	-	+2.04	+8.49
Level	Minor	Major	Minor	-	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	125.90	126.85	128.58	129.53	131.26	132.21	133.94
Camarilla	129.58	129.83	130.07	130.32	130.57	130.81	131.06
Woodie	126.30	127.04	128.98	129.73	131.66	132.40	134.34
Fibonacci	126.85	127.87	128.50	129.53	130.55	131.18	132.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	120.92	122.86	126.59	128.53	132.26	134.20	137.93
Camarilla	128.76	129.28	129.80	130.32	130.84	131.36	131.88
Woodie	121.82	123.31	127.49	128.98	133.15	134.65	138.82
Fibonacci	122.86	125.03	126.36	128.53	130.70	132.03	134.20

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):	62.31
MACD (12,26,9):	1.8100
Directional Movement:	11.50
AROON (14):	57.14
DEMA (21):	125.87
Parabolic SAR (0,02-0,02-0,2):	122.38
Elder Ray (13):	3.68
Super Trend (3,10):	118.67
Zig ZAG (10):	130.41
VORTEX (21):	1.1800
Stochastique (14,3,5):	97.77
TEMA (21):	129.06
Williams %R (14):	-0.47
Chande Momentum Oscillator (20):	8.30
Repulse (5,40,3):	3.6800
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	15.40

MA7:	127.68
MA20:	122.68
MA50:	125.74
MA100:	127.79
MAexp7:	127.79
MAexp20:	124.41
MAexp50:	124.57
MAexp100:	124.04
Price / MA7:	+2.14%
Price / MA20:	+6.30%
Price / MA50:	+3.71%
Price / MA100:	+2.05%
Price / MAexp7:	+2.05%
Price / MAexp20:	+4.82%
Price / MAexp50:	+4.69%
Price / MAexp100:	+5.14%

News

Don"t forget to follow the news on SPLUNK INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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