Londinia Opportunities Analyses - 06/23/2022 (GMT) GATX CORP. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 94.26 USD
My targets
87.19 USD (-4.84%)
83.70 USD (-8.64%)
My analysis
The bearish trend is currently very strong for GATX CORP.. As long as the price remains below the resistance at 94.26 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 87.19 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 83.70 USD as an objective. Crossing it would then enable sellers to target 73.67 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
GATX CORP. rating 91.62 USD. On the day, this instrument lost -2.84% with the lowest point at 91.57 USD and the highest point at 95.79 USD. The deviation from the price is +0.05% for the low point and -4.35% for the high point.91.57
95.79
91.62
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.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GATX CORP. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 83.70 | 87.19 | 91.29 | 91.62 | 94.26 | 101.74 | 107.22 |
| Change (%) | -8.64% | -4.84% | -0.36% | - | +2.88% | +11.05% | +17.03% |
| Change | -7.92 | -4.43 | -0.33 | - | +2.64 | +10.12 | +15.60 |
| Level | Major | Minor | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.63 | 91.10 | 92.70 | 94.17 | 95.77 | 97.24 | 98.84 |
| Camarilla | 93.46 | 93.74 | 94.02 | 94.30 | 94.58 | 94.86 | 95.14 |
| Woodie | 89.70 | 91.13 | 92.77 | 94.20 | 95.84 | 97.27 | 98.91 |
| Fibonacci | 91.10 | 92.27 | 93.00 | 94.17 | 95.34 | 96.07 | 97.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 81.12 | 86.20 | 89.10 | 94.18 | 97.08 | 102.16 | 105.06 |
| Camarilla | 89.80 | 90.53 | 91.26 | 91.99 | 92.72 | 93.45 | 94.19 |
| Woodie | 80.02 | 85.66 | 88.00 | 93.64 | 95.98 | 101.62 | 103.96 |
| Fibonacci | 86.20 | 89.25 | 91.14 | 94.18 | 97.23 | 99.12 | 102.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.90 | 92.72 | 100.05 | 106.87 | 114.20 | 121.02 | 128.35 |
| Camarilla | 103.48 | 104.78 | 106.07 | 107.37 | 108.67 | 109.96 | 111.26 |
| Woodie | 86.15 | 92.85 | 100.30 | 107.00 | 114.45 | 121.15 | 128.60 |
| Fibonacci | 92.72 | 98.13 | 101.47 | 106.87 | 112.28 | 115.62 | 121.02 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 36.64 | |
| MACD (12,26,9): | -0.5800 | |
| Directional Movement: | -12.04 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 93.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 95.65 | |
| Elder Ray (13): | -1.67 | |
| Super Trend (3,10): | 95.40 | |
| Zig ZAG (10): | 91.82 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 6.90 | |
| TEMA (21): | 93.52 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -3.18 | |
| Repulse (5,40,3): | -2.6300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 0.68 |
| MA7: | 94.37 | |
| MA20: | 101.65 | |
| MA50: | 105.81 | |
| MA100: | 109.27 | |
| MAexp7: | 93.23 | |
| MAexp20: | 93.94 | |
| MAexp50: | 95.78 | |
| MAexp100: | 98.69 | |
| Price / MA7: | -2.91% | |
| Price / MA20: | -9.87% | |
| Price / MA50: | -13.41% | |
| Price / MA100: | -16.15% | |
| Price / MAexp7: | -1.73% | |
| Price / MAexp20: | -2.47% | |
| Price / MAexp50: | -4.34% | |
| Price / MAexp100: | -7.16% |
Quotes :
-
15 min delayed data
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Actions NYSE
News
The latest news and videos published on GATX CORP. at the time of the analysis were as follows:
- GATX Corporation to Participate in 2022 Wells Fargo Industrials Conference
- GATX Corporation Announces Quarterly Dividend
- GATX Corporation Reports 2022 First-Quarter Results
- GATX Corporation Sets Date for 2022 First Quarter Earnings Release and Conference Call
- GATX Corporation Appoints Paul F. Titterton as Next President of Rail North America