TRIMBLE INC. - 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:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 38.07 USD
My targets
36.15 USD (-3.45%)
31.78 USD (-15.12%)
My analysis
The bearish trend is currently very strong for TRIMBLE INC.. As long as the price remains below the resistance at 38.07 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 36.15 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 31.78 USD as an objective. Crossing it would then enable sellers to target 25.30 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7.1
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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 TRIMBLE INC. price is 37.44 USD. On the day, this instrument lost -1.63% with the lowest point at 37.14 USD and the highest point at 37.80 USD. The deviation from the price is +0.81% for the low point and -0.95% for the high point.37.14
37.80
37.44
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of TRIMBLE INC. indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported 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. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.30 | 31.78 | 36.15 | 37.44 | 38.07 | 39.96 | 44.11 |
| Change (%) | -32.43% | -15.12% | -3.45% | - | +1.68% | +6.73% | +17.82% |
| Change | -12.14 | -5.66 | -1.29 | - | +0.63 | +2.52 | +6.67 |
| Level | Minor | Major | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.03 | 37.35 | 37.70 | 38.02 | 38.37 | 38.69 | 39.04 |
| Camarilla | 37.88 | 37.94 | 38.00 | 38.06 | 38.12 | 38.18 | 38.24 |
| Woodie | 37.06 | 37.36 | 37.73 | 38.03 | 38.40 | 38.70 | 39.07 |
| Fibonacci | 37.35 | 37.60 | 37.76 | 38.02 | 38.27 | 38.43 | 38.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.83 | 35.21 | 36.65 | 38.03 | 39.47 | 40.85 | 42.29 |
| Camarilla | 37.32 | 37.58 | 37.84 | 38.10 | 38.36 | 38.62 | 38.88 |
| Woodie | 33.87 | 35.23 | 36.69 | 38.05 | 39.51 | 40.87 | 42.33 |
| Fibonacci | 35.21 | 36.28 | 36.95 | 38.03 | 39.10 | 39.77 | 40.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.60 | 35.15 | 36.98 | 38.52 | 40.36 | 41.90 | 43.74 |
| Camarilla | 37.88 | 38.19 | 38.50 | 38.81 | 39.12 | 39.43 | 39.74 |
| Woodie | 33.74 | 35.22 | 37.12 | 38.60 | 40.50 | 41.97 | 43.88 |
| Fibonacci | 35.15 | 36.44 | 37.23 | 38.52 | 39.81 | 40.61 | 41.90 |
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): | 43.06 | |
| MACD (12,26,9): | -0.2200 | |
| Directional Movement: | -11.90 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 37.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 39.07 | |
| Elder Ray (13): | -0.58 | |
| Super Trend (3,10): | 37.03 | |
| Zig ZAG (10): | 37.38 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 42.56 | |
| TEMA (21): | 38.00 | |
| Williams %R (14): | -72.16 | |
| Chande Momentum Oscillator (20): | -1.20 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 5.72 |
| MA7: | 37.88 | |
| MA20: | 38.48 | |
| MA50: | 38.13 | |
| MA100: | 40.63 | |
| MAexp7: | 37.88 | |
| MAexp20: | 38.16 | |
| MAexp50: | 38.84 | |
| MAexp100: | 39.60 | |
| Price / MA7: | -1.16% | |
| Price / MA20: | -2.70% | |
| Price / MA50: | -1.81% | |
| Price / MA100: | -7.85% | |
| Price / MAexp7: | -1.16% | |
| Price / MAexp20: | -1.89% | |
| Price / MAexp50: | -3.60% | |
| Price / MAexp100: | -5.45% |
News
The latest news and videos published on TRIMBLE INC. at the time of the analysis were as follows:
- Investor Network: Trimble Inc. to Host Earnings Call
- Investor Network: Trimble Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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