Londinia Opportunities Analyses - 09/22/2021 (GMT) SIX FLAGS ENTERTAINMENT - 1H

SIX FLAGS ENTERTAINMENT
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: SIX
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: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 42.93 USD
My targets
44.24 USD (+2.08%)
45.58 USD (+5.17%)
My analysis
SIX FLAGS ENTERTAINMENT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 42.93 USD. The next resistance located at 44.24 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 45.58 USD. After this resistance, buyers could then target 47.42 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The SIX FLAGS ENTERTAINMENT rating is 43.34 USD. The price has increased by +2.77% since the last closing with the lowest point at 42.42 USD and the highest point at 43.34 USD. The deviation from the price is +2.17% for the low point and 0% for the high point.

42.42
43.34
43.34

Here is a more detailed summary of the historical variations registered by SIX FLAGS ENTERTAINMENT:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of SIX FLAGS ENTERTAINMENT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 41.21 42.18 42.93 43.34 45.58 47.42 50.61
Change (%) -4.91% -2.68% -0.95% - +5.17% +9.41% +16.77%
Change -2.13 -1.16 -0.41 - +2.24 +4.08 +7.27
Level Major Minor Major - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.8341.0041.5842.7543.3344.5045.08
Camarilla41.6941.8542.0142.1742.3342.4942.65
Woodie39.5540.8541.3042.6043.0544.3544.80
Fibonacci41.0041.6742.0842.7543.4243.8344.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.8638.1840.5541.8744.2445.5647.93
Camarilla41.9142.2442.5842.9243.2643.6043.94
Woodie37.3938.4441.0842.1344.7745.8248.46
Fibonacci38.1839.5940.4641.8743.2844.1545.56


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.0634.6338.4341.0044.8047.3751.17
Camarilla40.4941.0741.6642.2442.8243.4143.99
Woodie32.6934.9439.0641.3145.4347.6851.80
Fibonacci34.6337.0638.5641.0043.4344.9347.37

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): 56.84
MACD (12,26,9): 0.2300
Directional Movement: 7.04
AROON (14): 14.29
DEMA (21): 43.02
Parabolic SAR (0,02-0,02-0,2): 41.89
Elder Ray (13): 0.15
Super Trend (3,10): 41.45
Zig ZAG (10): 43.05
VORTEX (21): 0.9800
Stochastique (14,3,5): 56.94
TEMA (21): 43.01
Williams %R (14): -36.20
Chande Momentum Oscillator (20): 0.26
Repulse (5,40,3): 0.9100
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 2.76
MA7: 42.45
MA20: 41.78
MA50: 41.18
MA100: 42.37
MAexp7: 42.92
MAexp20: 42.70
MAexp50: 42.27
MAexp100: 41.89
Price / MA7: +2.10%
Price / MA20: +3.73%
Price / MA50: +5.25%
Price / MA100: +2.29%
Price / MAexp7: +0.98%
Price / MAexp20: +1.50%
Price / MAexp50: +2.53%
Price / MAexp100: +3.46%

Quotes : - 15 min delayed data - Actions NYSE