SVB FINANCIAL GROUP - Daily - Technical analysis published on 07/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
SVB FINANCIAL GROUP Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 227.08 USD
My targets
212.19 USD (-0.21%)
197.63 USD (-7.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SVB FINANCIAL GROUP as long as the price remains well below 227.08 USD. The sellers” bearish objective is set at 212.19 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 197.63 USD. In case of crossing, the next objective would be the support located at 180.49 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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 SVB FINANCIAL GROUP price is 212.64 USD. On the day, this instrument lost -2.34% and was between 212.32 USD and 217.96 USD. This implies that the price is at +0.15% from its lowest and at -2.44% from its highest.212.32
217.96
212.64
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of SVB FINANCIAL GROUP indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Piercing line
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 180.49 | 197.63 | 212.19 | 212.64 | 227.08 | 258.91 | 288.76 |
| Change (%) | -15.12% | -7.06% | -0.21% | - | +6.79% | +21.76% | +35.80% |
| Change | -32.15 | -15.01 | -0.45 | - | +14.44 | +46.27 | +76.12 |
| Level | Minor | Major | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 209.18 | 211.00 | 214.37 | 216.19 | 219.56 | 221.38 | 224.75 |
| Camarilla | 216.31 | 216.79 | 217.26 | 217.74 | 218.22 | 218.69 | 219.17 |
| Woodie | 209.96 | 211.39 | 215.15 | 216.58 | 220.34 | 221.77 | 225.53 |
| Fibonacci | 211.00 | 212.98 | 214.21 | 216.19 | 218.17 | 219.40 | 221.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 201.47 | 208.18 | 215.54 | 222.25 | 229.61 | 236.32 | 243.68 |
| Camarilla | 219.03 | 220.32 | 221.61 | 222.90 | 224.19 | 225.48 | 226.77 |
| Woodie | 201.80 | 208.34 | 215.87 | 222.41 | 229.94 | 236.48 | 244.01 |
| Fibonacci | 208.18 | 213.56 | 216.88 | 222.25 | 227.63 | 230.95 | 236.32 |
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): | 43.00 | |
| MACD (12,26,9): | -1.4000 | |
| Directional Movement: | -5.65 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 215.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 228.64 | |
| Elder Ray (13): | -2.43 | |
| Super Trend (3,10): | 206.98 | |
| Zig ZAG (10): | 212.64 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 32.10 | |
| TEMA (21): | 217.72 | |
| Williams %R (14): | -80.43 | |
| Chande Momentum Oscillator (20): | -3.55 | |
| Repulse (5,40,3): | -2.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 1.59 |
| MA7: | 218.16 | |
| MA20: | 217.53 | |
| MA50: | 225.37 | |
| MA100: | 232.83 | |
| MAexp7: | 217.06 | |
| MAexp20: | 218.10 | |
| MAexp50: | 222.97 | |
| MAexp100: | 229.27 | |
| Price / MA7: | -2.53% | |
| Price / MA20: | -2.25% | |
| Price / MA50: | -5.65% | |
| Price / MA100: | -8.67% | |
| Price / MAexp7: | -2.04% | |
| Price / MAexp20: | -2.50% | |
| Price / MAexp50: | -4.63% | |
| Price / MAexp100: | -7.25% |
News
Don"t forget to follow the news on SVB FINANCIAL GROUP. At the time of publication of this analysis, the latest news was as follows:
- SVB Financial Group Announces Availability Of Quarterly Financial Results
- SVB Financial Group Appoints New Leadership in Funds Management and Commercial Banking with Eye Toward Growth
- SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call
- SVB Financial Group Announces Availability Of Quarterly Financial Results
- SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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