S&P 400 - Daily - Technical analysis published on 06/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1,910.18 USD
My targets
1,980.20 USD (+2.76%)
2,050.23 USD (+6.40%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on S&P 400 as long as the price remains well above 1,910.18 USD. The buyers” bullish objective is set at 1,980.20 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,050.23 USD.
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
S&P 400 rating 1,926.95 USD. The price registered an increase of +0.29% on the session with the lowest point at 1,918.66 USD and the highest point at 1,928.75 USD. The deviation from the price is +0.43% for the low point and -0.09% for the high point.1,918.66
1,928.75
1,926.95
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of S&P 400 in Daily shows an overall bullish trend. 75% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
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.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,686.36 | 1,854.99 | 1,910.18 | 1,926.95 | 1,980.20 | 2,050.23 |
| Change (%) | -12.49% | -3.73% | -0.87% | - | +2.76% | +6.40% |
| Change | -240.59 | -71.96 | -16.77 | - | +53.25 | +123.28 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,883.65 | 1,896.10 | 1,908.72 | 1,921.17 | 1,933.79 | 1,946.24 | 1,958.86 |
| Camarilla | 1,914.46 | 1,916.75 | 1,919.05 | 1,921.35 | 1,923.65 | 1,925.95 | 1,928.24 |
| Woodie | 1,883.74 | 1,896.14 | 1,908.81 | 1,921.21 | 1,933.89 | 1,946.28 | 1,958.95 |
| Fibonacci | 1,896.10 | 1,905.67 | 1,911.59 | 1,921.17 | 1,930.74 | 1,936.66 | 1,946.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,861.58 | 1,878.00 | 1,888.96 | 1,905.38 | 1,916.34 | 1,932.76 | 1,943.72 |
| Camarilla | 1,892.39 | 1,894.90 | 1,897.41 | 1,899.92 | 1,902.43 | 1,904.94 | 1,907.45 |
| Woodie | 1,858.85 | 1,876.64 | 1,886.23 | 1,904.02 | 1,913.61 | 1,931.40 | 1,940.99 |
| Fibonacci | 1,878.00 | 1,888.46 | 1,894.92 | 1,905.38 | 1,915.84 | 1,922.30 | 1,932.76 |
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): | 59.79 | |
| MACD (12,26,9): | 4.3200 | |
| Directional Movement: | 13.77 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 1,895.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,880.96 | |
| Elder Ray (13): | 25.11 | |
| Super Trend (3,10): | 1,861.98 | |
| Zig ZAG (10): | 1,926.95 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 88.97 | |
| TEMA (21): | 1,908.39 | |
| Williams %R (14): | -5.08 | |
| Chande Momentum Oscillator (20): | 104.01 | |
| Repulse (5,40,3): | 0.4800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 6.67 |
| MA7: | 1,909.40 | |
| MA20: | 1,876.28 | |
| MA50: | 1,914.99 | |
| MA100: | 1,902.58 | |
| MAexp7: | 1,908.79 | |
| MAexp20: | 1,895.08 | |
| MAexp50: | 1,898.26 | |
| MAexp100: | 1,893.58 | |
| Price / MA7: | +0.92% | |
| Price / MA20: | +2.70% | |
| Price / MA50: | +0.62% | |
| Price / MA100: | +1.28% | |
| Price / MAexp7: | +0.95% | |
| Price / MAexp20: | +1.68% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | +1.76% |
This member declared not having a position on this financial instrument or a related financial instrument.
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