Londinia Opportunities Analyses - 06/18/2021 (GMT) HANCOCK WHITNEY - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	HWC
ISIN:

Londinia

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: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 44.20 USD

My targets

43.65 USD (-0.75%)

41.08 USD (-6.59%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HANCOCK WHITNEY as long as the price remains well below 44.20 USD. The sellers' bearish objective is set at 43.65 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 41.08 USD. In case of crossing, the next objective would be the support located at 33.21 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Analysis too old. There are no more charts available.

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.

Additional analysis

Quotes

The HANCOCK WHITNEY price is 43.98 USD. On the day, this instrument lost -3.13% with the lowest point at 43.57 USD and the highest point at 45.15 USD. The deviation from the price is +0.94% for the low point and -2.59% for the high point.

43.57

45.15

43.98

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

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:

Technical

Technical analysis of HANCOCK WHITNEY in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.72	33.21	41.08	43.98	44.20	46.77	48.00
Change (%)	-30.15%	-24.49%	-6.59%	-	+0.50%	+6.34%	+9.14%
Change	-13.26	-10.77	-2.90	-	+0.22	+2.79	+4.02
Level	Minor	Major	Major	-	Major	Minor	Intermediate

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
Standard	40.65	42.92	44.16	46.43	47.67	49.94	51.18
Camarilla	44.44	44.76	45.08	45.40	45.72	46.04	46.37
Woodie	40.14	42.66	43.65	46.17	47.16	49.68	50.67
Fibonacci	42.92	44.26	45.09	46.43	47.77	48.60	49.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.65	45.39	46.42	48.16	49.19	50.93	51.96
Camarilla	46.69	46.94	47.20	47.45	47.70	47.96	48.21
Woodie	43.30	45.21	46.07	47.98	48.84	50.75	51.61
Fibonacci	45.39	46.45	47.10	48.16	49.22	49.87	50.93

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.39	44.28	46.90	48.79	51.41	53.30	55.92
Camarilla	48.27	48.68	49.10	49.51	49.92	50.34	50.75
Woodie	42.75	44.46	47.26	48.97	51.77	53.48	56.28
Fibonacci	44.28	46.01	47.07	48.79	50.52	51.58	53.30

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):	30.64
MACD (12,26,9):	-0.8800
Directional Movement:	-25.93
AROON (14):	-64.28
DEMA (21):	44.71
Parabolic SAR (0,02-0,02-0,2):	46.32
Elder Ray (13):	-1.31
Super Trend (3,10):	46.00
Zig ZAG (10):	44.00
VORTEX (21):	0.7500
Stochastique (14,3,5):	11.30
TEMA (21):	44.21
Williams %R (14):	-90.12
Chande Momentum Oscillator (20):	-4.39
Repulse (5,40,3):	-0.6200
ROCnROLL:	2
TRIX (15,9):	-0.1600
Courbe Coppock:	12.93

MA7:	46.60
MA20:	48.35
MA50:	47.18
MA100:	43.58
MAexp7:	44.55
MAexp20:	45.71
MAexp50:	46.75
MAexp100:	47.56
Price / MA7:	-5.62%
Price / MA20:	-9.04%
Price / MA50:	-6.78%
Price / MA100:	+0.92%
Price / MAexp7:	-1.28%
Price / MAexp20:	-3.78%
Price / MAexp50:	-5.93%
Price / MAexp100:	-7.53%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on HANCOCK WHITNEY at the time of the analysis were as follows: