Londinia Opportunities Analyses - 09/22/2021 (GMT) OUTSET MEDICAL INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	OM
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 53.08 USD

My targets

57.06 USD (+3.86%)

59.92 USD (+9.06%)

My analysis

OUTSET MEDICAL INC. 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 53.08 USD. The next resistance located at 57.06 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 59.92 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The OUTSET MEDICAL INC. rating is 54.94 USD. On the day, this instrument gained +1.37% and was between 53.87 USD and 56.13 USD. This implies that the price is at +1.99% from its lowest and at -2.12% from its highest.

53.87

56.13

54.94

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

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

Technical

Technical analysis of this 1H chart of OUTSET MEDICAL INC. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	46.96	49.09	52.03	54.94	55.14	59.92
Change (%)	-14.52%	-10.65%	-5.30%	-	+0.36%	+9.06%
Change	-7.98	-5.85	-2.91	-	+0.20	+4.98
Level	Intermediate	Intermediate	Major	-	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.55	52.42	53.31	54.18	55.07	55.94	56.83
Camarilla	53.72	53.88	54.04	54.20	54.36	54.52	54.68
Woodie	51.56	52.43	53.32	54.19	55.08	55.95	56.84
Fibonacci	52.42	53.09	53.51	54.18	54.85	55.27	55.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.92	47.01	50.99	53.08	57.06	59.15	63.13
Camarilla	53.31	53.87	54.42	54.98	55.54	56.09	56.65
Woodie	45.88	47.48	51.95	53.55	58.02	59.62	64.09
Fibonacci	47.01	49.33	50.76	53.08	55.40	56.83	59.15

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.94	31.48	40.39	44.93	53.84	58.38	67.29
Camarilla	45.59	46.82	48.06	49.29	50.52	51.76	52.99
Woodie	29.12	32.57	42.57	46.02	56.02	59.47	69.47
Fibonacci	31.48	36.62	39.80	44.93	50.07	53.25	58.38

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):	60.03
MACD (12,26,9):	0.5000
Directional Movement:	12.81
AROON (14):	92.86
DEMA (21):	54.64
Parabolic SAR (0,02-0,02-0,2):	52.82
Elder Ray (13):	0.85
Super Trend (3,10):	52.31
Zig ZAG (10):	54.67
VORTEX (21):	1.0300
Stochastique (14,3,5):	66.45
TEMA (21):	54.69
Williams %R (14):	-44.36
Chande Momentum Oscillator (20):	1.37
Repulse (5,40,3):	-0.9300
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	4.09

MA7:	53.53
MA20:	50.34
MA50:	44.90
MA100:	46.33
MAexp7:	54.72
MAexp20:	53.98
MAexp50:	52.96
MAexp100:	51.20
Price / MA7:	+2.63%
Price / MA20:	+9.14%
Price / MA50:	+22.36%
Price / MA100:	+18.58%
Price / MAexp7:	+0.40%
Price / MAexp20:	+1.78%
Price / MAexp50:	+3.74%
Price / MAexp100:	+7.30%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The last news published on OUTSET MEDICAL INC. at the time of the generation of this analysis was as follows: