SOLARWINDS CORP. - Daily - Technical analysis published on 10/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
11%
50%
39%
My opinion
Neutral between 17.94 USD and 19.30 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 19.30 USD. The first support is located at 17.94 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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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 SOLARWINDS CORP. price is 18.25 USD. On the day, this instrument gained +0.77% and was between 18.04 USD and 18.38 USD. This implies that the price is at +1.16% from its lowest and at -0.71% from its highest.18.04
18.38
18.25
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of SOLARWINDS CORP. indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 13.08 | 16.85 | 17.94 | 18.25 | 19.30 | 20.54 |
| Change (%) | -28.33% | -7.67% | -1.70% | - | +5.75% | +12.55% |
| Change | -5.17 | -1.40 | -0.31 | - | +1.05 | +2.29 |
| Level | Minor | Major | Major | - | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.06 | 17.52 | 17.81 | 18.27 | 18.57 | 19.03 | 19.32 |
| Camarilla | 17.90 | 17.97 | 18.04 | 18.11 | 18.18 | 18.25 | 18.32 |
| Woodie | 16.98 | 17.48 | 17.73 | 18.23 | 18.49 | 18.99 | 19.24 |
| Fibonacci | 17.52 | 17.81 | 17.98 | 18.27 | 18.56 | 18.74 | 19.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.31 | 16.92 | 17.74 | 18.35 | 19.17 | 19.78 | 20.60 |
| Camarilla | 18.18 | 18.31 | 18.44 | 18.57 | 18.70 | 18.83 | 18.96 |
| Woodie | 16.43 | 16.97 | 17.86 | 18.40 | 19.29 | 19.83 | 20.72 |
| Fibonacci | 16.92 | 17.46 | 17.80 | 18.35 | 18.89 | 19.23 | 19.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.91 | 15.20 | 16.83 | 18.12 | 19.75 | 21.04 | 22.67 |
| Camarilla | 17.65 | 17.92 | 18.18 | 18.45 | 18.72 | 18.99 | 19.25 |
| Woodie | 14.07 | 15.29 | 16.99 | 18.21 | 19.91 | 21.13 | 22.83 |
| Fibonacci | 15.20 | 16.32 | 17.01 | 18.12 | 19.24 | 19.93 | 21.04 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.73 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | -12.48 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 18.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.79 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 17.69 | |
| Zig ZAG (10): | 18.25 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 42.11 | |
| TEMA (21): | 18.51 | |
| Williams %R (14): | -61.58 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | -1.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 5.39 |
| MA7: | 18.35 | |
| MA20: | 18.69 | |
| MA50: | 17.87 | |
| MA100: | 18.06 | |
| MAexp7: | 18.38 | |
| MAexp20: | 18.41 | |
| MAexp50: | 18.20 | |
| MAexp100: | 18.10 | |
| Price / MA7: | -0.54% | |
| Price / MA20: | -2.35% | |
| Price / MA50: | +2.13% | |
| Price / MA100: | +1.05% | |
| Price / MAexp7: | -0.71% | |
| Price / MAexp20: | -0.87% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.83% |
This member declared not having a position on this financial instrument or a related financial instrument.
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