STONECO LTD.
STONECO LTD.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: STNE
ISIN: KYG851581069

STONECO LTD. - Daily - Technical analysis published on 07/12/2019 (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
94%
0%
6%
My opinion
Bullish above 32.16 USD
My targets
36.23 USD (+3.90%)
43.56 USD (+24.92%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STONECO LTD. as long as the price remains well above 32.16 USD. The buyers” bullish objective is set at 36.23 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 43.56 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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:
15 min. 1H Weekly

Additional analysis

Quotes

The STONECO LTD. price is 34.87 USD. The price registered an increase of +8.94% on the session and was traded between 32.12 USD and 35.00 USD over the period. The price is currently at +8.56% from its lowest and -0.37% from its highest.

32.12
35.00
34.87

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Daily chart of STONECO LTD. indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



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:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 21.16 28.60 32.16 34.87 36.23 43.56
Change (%) -39.32% -17.98% -7.77% - +3.90% +24.92%
Change -13.71 -6.27 -2.71 - +1.36 +8.69
Level Minor Major Minor - Minor 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
Standard30.2330.6631.3331.7632.4332.8633.53
Camarilla31.7131.8131.9132.0132.1132.2132.31
Woodie30.3630.7231.4631.8232.5632.9233.66
Fibonacci30.6631.0831.3431.7632.1832.4432.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.6626.8528.1029.2930.5431.7332.98
Camarilla28.6828.9029.1329.3529.5729.8030.02
Woodie25.6926.8728.1329.3130.5731.7533.01
Fibonacci26.8527.7828.3629.2930.2230.8031.73

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): 76.64
MACD (12,26,9): 1.0300
Directional Movement: 35.66
AROON (14): 78.57
DEMA (21): 30.79
Parabolic SAR (0,02-0,02-0,2): 28.09
Elder Ray (13): 3.29
Super Trend (3,10): 29.23
Zig ZAG (10): 34.87
VORTEX (21): 1.1500
Stochastique (14,3,5): 96.57
TEMA (21): 31.81
Williams %R (14): -1.82
Chande Momentum Oscillator (20): 6.17
Repulse (5,40,3): 16.0500
ROCnROLL: 1
TRIX (15,9): 0.3000
Courbe Coppock: 12.72
MA7: 30.45
MA20: 29.49
MA50: 27.87
MA100: 30.64
MAexp7: 31.27
MAexp20: 29.66
MAexp50: 29.05
MAexp100: 28.86
Price / MA7: +14.52%
Price / MA20: +18.24%
Price / MA50: +25.12%
Price / MA100: +13.81%
Price / MAexp7: +11.51%
Price / MAexp20: +17.57%
Price / MAexp50: +20.03%
Price / MAexp100: +20.82%

This member declared not having a position on this financial instrument or a related financial instrument.

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