SYSCO CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	SYY
ISIN:

SYSCO CORP. - Daily - Technical analysis published on 10/07/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

39%

22%

39%

My opinion

Bullish above 75.72 USD

My targets

79.40 USD (+1.60%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SYSCO CORP. as long as the price remains well above 75.72 USD. The buyers” bullish objective is set at 79.40 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

FORCE

6.6

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SYSCO CORP. rating is 78.15 USD. The price registered an increase of +0.26% on the session with the lowest point at 77.53 USD and the highest point at 78.31 USD. The deviation from the price is +0.80% for the low point and -0.20% for the high point.

77.53

78.31

78.15

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SYSCO CORP. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

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 : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	66.98	72.89	75.72	78.15	79.40
Change (%)	-14.29%	-6.73%	-3.11%	-	+1.60%
Change	-11.17	-5.26	-2.43	-	+1.25
Level	Intermediate	Intermediate	Major	-	Major

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	76.18	76.76	77.36	77.94	78.54	79.12	79.72
Camarilla	77.63	77.73	77.84	77.95	78.06	78.17	78.27
Woodie	76.18	76.77	77.36	77.95	78.54	79.13	79.72
Fibonacci	76.76	77.21	77.49	77.94	78.39	78.67	79.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	76.53	77.13	77.80	78.40	79.07	79.68	80.35
Camarilla	78.12	78.24	78.35	78.47	78.59	78.70	78.82
Woodie	76.56	77.15	77.83	78.42	79.11	79.69	80.38
Fibonacci	77.13	77.62	77.92	78.40	78.89	79.19	79.68

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	69.56	71.50	75.25	77.18	80.93	82.87	86.62
Camarilla	77.43	77.95	78.48	79.00	79.52	80.04	80.56
Woodie	70.47	71.95	76.15	77.64	81.84	83.32	87.53
Fibonacci	71.50	73.67	75.01	77.18	79.36	80.70	82.87

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):	61.49
MACD (12,26,9):	1.1500
Directional Movement:	7.07
AROON (14):	78.57
DEMA (21):	79.13
Parabolic SAR (0,02-0,02-0,2):	79.29
Elder Ray (13):	-0.11
Super Trend (3,10):	75.97
Zig ZAG (10):	78.15
VORTEX (21):	1.1400
Stochastique (14,3,5):	54.87
TEMA (21):	79.06
Williams %R (14):	-44.42
Chande Momentum Oscillator (20):	-0.31
Repulse (5,40,3):	0.2000
ROCnROLL:	1
TRIX (15,9):	0.2700
Courbe Coppock:	3.50

MA7:	78.45
MA20:	77.88
MA50:	74.15
MA100:	72.78
MAexp7:	78.28
MAexp20:	77.47
MAexp50:	75.24
MAexp100:	73.12
Price / MA7:	-0.38%
Price / MA20:	+0.35%
Price / MA50:	+5.39%
Price / MA100:	+7.38%
Price / MAexp7:	-0.17%
Price / MAexp20:	+0.88%
Price / MAexp50:	+3.87%
Price / MAexp100:	+6.88%

News

Don"t forget to follow the news on SYSCO CORP.. 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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