SVB FINANCIAL GROUP - Daily - Technical analysis published on 09/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
SVB FINANCIAL GROUP Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
44%
0%
56%
My opinion
Bullish above 212.34 USD
My targets
224.30 USD (+4.79%)
233.72 USD (+9.19%)
My analysis
The strong short-term increase of SVB FINANCIAL GROUP should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 212.34 USD, a purchase could be considered. The first bullish objective is located at 224.30 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 233.72 USD. If there is any crossing, the next objective would be the resistance at 250.62 USD. Caution, if there is a return under 212.34 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
2.5
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 214.05 USD. On the day, this instrument gained +3.09% and was traded between 206.42 USD and 214.36 USD over the period. The price is currently at +3.70% from its lowest and -0.14% from its highest.206.42
214.36
214.05
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this SVB FINANCIAL GROUP chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 180.49 | 199.51 | 212.34 | 214.05 | 224.30 | 233.72 | 250.62 |
| Change (%) | -15.68% | -6.79% | -0.80% | - | +4.79% | +9.19% | +17.08% |
| Change | -33.56 | -14.54 | -1.71 | - | +10.25 | +19.67 | +36.57 |
| Level | Major | Major | Major | - | Intermediate | Major | Intermediate |
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 | 194.55 | 200.85 | 204.24 | 210.54 | 213.93 | 220.23 | 223.62 |
| Camarilla | 204.97 | 205.85 | 206.74 | 207.63 | 208.52 | 209.41 | 210.30 |
| Woodie | 193.10 | 200.12 | 202.79 | 209.81 | 212.48 | 219.50 | 222.17 |
| Fibonacci | 200.85 | 204.55 | 206.84 | 210.54 | 214.24 | 216.53 | 220.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 198.30 | 204.53 | 210.55 | 216.78 | 222.80 | 229.03 | 235.05 |
| Camarilla | 213.21 | 214.33 | 215.46 | 216.58 | 217.70 | 218.83 | 219.95 |
| Woodie | 198.21 | 204.48 | 210.46 | 216.73 | 222.71 | 228.98 | 234.96 |
| Fibonacci | 204.53 | 209.21 | 212.10 | 216.78 | 221.46 | 224.35 | 229.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 122.35 | 152.70 | 173.66 | 204.00 | 224.96 | 255.31 | 276.27 |
| Camarilla | 180.51 | 185.21 | 189.92 | 194.62 | 199.32 | 204.03 | 208.73 |
| Woodie | 117.66 | 150.35 | 168.97 | 201.66 | 220.27 | 252.96 | 271.58 |
| Fibonacci | 152.70 | 172.30 | 184.40 | 204.00 | 223.60 | 235.71 | 255.31 |
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): | 54.01 | |
| MACD (12,26,9): | 3.4300 | |
| Directional Movement: | -0.37 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 214.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 226.17 | |
| Elder Ray (13): | -2.24 | |
| Super Trend (3,10): | 202.12 | |
| Zig ZAG (10): | 214.05 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 53.74 | |
| TEMA (21): | 218.66 | |
| Williams %R (14): | -44.76 | |
| Chande Momentum Oscillator (20): | 2.32 | |
| Repulse (5,40,3): | 1.5500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2400 | |
| Courbe Coppock: | 18.43 |
| MA7: | 214.45 | |
| MA20: | 208.75 | |
| MA50: | 207.76 | |
| MA100: | 215.16 | |
| MAexp7: | 213.94 | |
| MAexp20: | 210.57 | |
| MAexp50: | 209.65 | |
| MAexp100: | 215.24 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | +2.54% | |
| Price / MA50: | +3.03% | |
| Price / MA100: | -0.52% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +1.65% | |
| Price / MAexp50: | +2.10% | |
| Price / MAexp100: | -0.55% |
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 Appoints Kay Matthews, formerly of Ernst & Young, to its Board of Directors
- SVB Financial Group Announces Availability Of Quarterly Financial Results
- SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
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