Londinia Opportunities Analyses - 06/17/2021 (GMT) DUCK CREEK TECHNOLOGIES INC. - 1H

DUCK CREEK TECHNOLOGIES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: DCT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 39.77 USD
My targets
40.55 USD (+1.32%)
42.88 USD (+7.15%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DUCK CREEK TECHNOLOGIES INC. as long as the price remains well above 39.77 USD. The buyers' bullish objective is set at 40.55 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 42.88 USD. If there is any crossing, the next objective would be the resistance located at 47.11 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7

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Additional analysis

Quotes

DUCK CREEK TECHNOLOGIES INC. rating 40.02 USD. The price has increased by +1.37% since the last closing and was between 39.07 USD and 41.01 USD. This implies that the price is at +2.43% from its lowest and at -2.41% from its highest.

39.07
41.01
40.02

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DUCK CREEK TECHNOLOGIES INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DUCK CREEK TECHNOLOGIES INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

Central Candlesticks

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 1 hour


Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 38.00 39.02 39.77 40.02 40.55 47.11 52.85
Change (%) -5.05% -2.50% -0.62% - +1.32% +17.72% +32.06%
Change -2.02 -1.00 -0.25 - +0.53 +7.09 +12.83
Level Intermediate Minor Minor - Major Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.8937.6338.5539.2940.2140.9541.87
Camarilla39.0239.1839.3339.4839.6339.7839.94
Woodie36.9937.6838.6539.3440.3141.0041.97
Fibonacci37.6338.2638.6539.2939.9240.3140.95


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.5537.2838.6639.3940.7741.5042.88
Camarilla39.4739.6639.8640.0540.2440.4440.63
Woodie36.8937.4439.0039.5541.1141.6643.22
Fibonacci37.2838.0838.5839.3940.1940.6941.50


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.8030.3634.8338.3942.8646.4250.89
Camarilla37.1037.8438.5739.3140.0540.7841.52
Woodie27.2730.5935.3038.6243.3346.6551.36
Fibonacci30.3633.4235.3238.3941.4543.3546.42

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): 56.15
MACD (12,26,9): 0.1100
Directional Movement: 8.92
AROON (14): 21.42
DEMA (21): 39.90
Parabolic SAR (0,02-0,02-0,2): 38.75
Elder Ray (13): 0.72
Super Trend (3,10): 39.06
Zig ZAG (10): 40.43
VORTEX (21): 0.9900
Stochastique (14,3,5): 83.58
TEMA (21): 39.86
Williams %R (14): -31.51
Chande Momentum Oscillator (20): 0.80
Repulse (5,40,3): -0.0600
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 1.94
MA7: 39.53
MA20: 39.26
MA50: 40.15
MA100: 44.33
MAexp7: 39.93
MAexp20: 39.76
MAexp50: 39.59
MAexp100: 39.37
Price / MA7: +1.24%
Price / MA20: +1.94%
Price / MA50: -0.32%
Price / MA100: -9.72%
Price / MAexp7: +0.23%
Price / MAexp20: +0.65%
Price / MAexp50: +1.09%
Price / MAexp100: +1.65%

Quotes : - 15 min delayed data - Actions NASDAQ

News


Don't forget to follow the news on DUCK CREEK TECHNOLOGIES INC.. At the time of publication of this analysis, the latest news was as follows: