TAKE-TWO INTERACTIVE SOFTWARE - Daily - Technical analysis published on 10/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 122.62 USD
My targets
115.63 USD (-2.69%)
107.42 USD (-9.60%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TAKE-TWO INTERACTIVE SOFTWARE as long as the price remains well below 122.62 USD. The sellers” bearish objective is set at 115.63 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 107.42 USD. In case of crossing, the next objective would be the support located at 99.33 USD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
4.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TAKE-TWO INTERACTIVE SOFTWARE rating is 118.83 USD. The price registered a decrease of -3.38% on the session and was traded between 117.27 USD and 120.36 USD over the period. The price is currently at +1.33% from its lowest and -1.27% from its highest.117.27
120.36
118.83
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of TAKE-TWO INTERACTIVE SOFTWARE indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 3
Type : Neutral
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:
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle 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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 99.33 | 107.42 | 115.63 | 118.83 | 122.62 | 126.67 | 134.21 |
| Change (%) | -16.41% | -9.60% | -2.69% | - | +3.19% | +6.60% | +12.94% |
| Change | -19.50 | -11.41 | -3.20 | - | +3.79 | +7.84 | +15.38 |
| Level | Intermediate | Minor | Intermediate | - | Major | Major | Major |
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 | 119.75 | 120.70 | 121.85 | 122.80 | 123.95 | 124.90 | 126.05 |
| Camarilla | 122.41 | 122.61 | 122.80 | 122.99 | 123.18 | 123.38 | 123.57 |
| Woodie | 119.84 | 120.75 | 121.94 | 122.85 | 124.04 | 124.95 | 126.14 |
| Fibonacci | 120.70 | 121.51 | 122.00 | 122.80 | 123.61 | 124.10 | 124.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 109.91 | 113.66 | 118.49 | 122.24 | 127.07 | 130.82 | 135.65 |
| Camarilla | 120.97 | 121.76 | 122.54 | 123.33 | 124.12 | 124.90 | 125.69 |
| Woodie | 110.46 | 113.93 | 119.04 | 122.51 | 127.62 | 131.09 | 136.20 |
| Fibonacci | 113.66 | 116.93 | 118.96 | 122.24 | 125.51 | 127.54 | 130.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 107.04 | 114.46 | 119.90 | 127.32 | 132.76 | 140.18 | 145.62 |
| Camarilla | 121.80 | 122.98 | 124.16 | 125.34 | 126.52 | 127.70 | 128.88 |
| Woodie | 106.05 | 113.97 | 118.91 | 126.83 | 131.77 | 139.69 | 144.63 |
| Fibonacci | 114.46 | 119.37 | 122.41 | 127.32 | 132.23 | 135.27 | 140.18 |
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): | 37.84 | |
| MACD (12,26,9): | -1.8600 | |
| Directional Movement: | -15.63 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 122.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.41 | |
| Elder Ray (13): | -4.75 | |
| Super Trend (3,10): | 130.55 | |
| Zig ZAG (10): | 118.78 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 28.87 | |
| TEMA (21): | 120.33 | |
| Williams %R (14): | -90.45 | |
| Chande Momentum Oscillator (20): | -11.85 | |
| Repulse (5,40,3): | 1.3300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 9.75 |
| MA7: | 121.94 | |
| MA20: | 125.34 | |
| MA50: | 127.23 | |
| MA100: | 119.92 | |
| MAexp7: | 122.05 | |
| MAexp20: | 124.74 | |
| MAexp50: | 124.63 | |
| MAexp100: | 120.29 | |
| Price / MA7: | -2.55% | |
| Price / MA20: | -5.19% | |
| Price / MA50: | -6.60% | |
| Price / MA100: | -0.91% | |
| Price / MAexp7: | -2.64% | |
| Price / MAexp20: | -4.74% | |
| Price / MAexp50: | -4.65% | |
| Price / MAexp100: | -1.21% |
News
The last news published on TAKE-TWO INTERACTIVE SOFTWARE at the time of the generation of this analysis was as follows:
- Take-Two Interactive Software, Inc. Announces Results of Annual Meeting of Stockholders
- Take-Two Interactive Software, Inc. to Webcast Annual Meeting of Stockholders
- New Research: Key Drivers of Growth for Watts Water Technologies, The Western Union, Take-Two Interactive Software, Bassett Furniture Industries, Twilio, and Cisco — Factors of Influence, Major Initiatives and Sustained Production
- Factors of Influence in 2018, Key Indicators and Opportunity within Minerals Technologies, USG, Continental Resources, Take-Two Interactive Software, Trimble, and GlycoMimetics — New Research Emphasizes Economic Growth
-
Take-Two Interactive Software CEO: Fortified by Fortnite? | Mad Money | CNBC
This member declared not having a position on this financial instrument or a related financial instrument.
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