Londinia Opportunities Analyses - 06/23/2022 (GMT) VALHI INC. - 1H

VALHI INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: VHI
ISIN:

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 bearish
Underlying: Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 41.48 USD
My targets
39.20 USD (-4.18%)
38.34 USD (-6.28%)
My analysis
VALHI INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 41.48 USD. The next support located at 39.20 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 38.34 USD. Below this support, sellers could then target 34.16 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The VALHI INC. price is 40.91 USD. On the day, this instrument lost -4.93% and was between 40.57 USD and 43.78 USD. This implies that the price is at +0.84% from its lowest and at -6.56% from its highest.

40.57
43.78
40.91

Here is a more detailed summary of the historical variations registered by VALHI INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on VALHI INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of VALHI INC. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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:

Central Indicators

Pivot points : price is under support 2

Type : Neutral

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 30.33 34.16 39.20 40.91 41.48 42.99 45.00
Change (%) -25.86% -16.50% -4.18% - +1.39% +5.08% +10.00%
Change -10.58 -6.75 -1.71 - +0.57 +2.08 +4.09
Level Major Minor Minor - Major Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.8041.4742.2542.9243.7044.3745.15
Camarilla42.6342.7642.9043.0343.1643.3043.43
Woodie40.8641.5042.3142.9543.7644.4045.21
Fibonacci41.4742.0242.3742.9243.4743.8244.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.8538.3440.8544.3446.8550.3452.85
Camarilla41.7142.2642.8143.3643.9144.4645.01
Woodie34.3638.1040.3644.1046.3650.1052.36
Fibonacci38.3440.6342.0544.3446.6348.0550.34


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.9221.5233.9243.5255.9265.5277.92
Camarilla40.2642.2844.2946.3148.3350.3452.36
Woodie13.3122.2235.3144.2257.3166.2279.31
Fibonacci21.5229.9335.1243.5251.9357.1265.52

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): 36.23
MACD (12,26,9): -0.5500
Directional Movement: -12.60
AROON (14): -100.00
DEMA (21): 42.37
Parabolic SAR (0,02-0,02-0,2): 44.18
Elder Ray (13): -1.17
Super Trend (3,10): 44.49
Zig ZAG (10): 41.24
VORTEX (21): 0.9300
Stochastique (14,3,5): 16.13
TEMA (21): 42.43
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -2.93
Repulse (5,40,3): -3.7900
ROCnROLL: 2
TRIX (15,9): -0.1400
Courbe Coppock: 6.26
MA7: 43.93
MA20: 47.32
MA50: 40.80
MA100: 33.89
MAexp7: 42.48
MAexp20: 43.14
MAexp50: 44.29
MAexp100: 45.26
Price / MA7: -6.87%
Price / MA20: -13.55%
Price / MA50: +0.27%
Price / MA100: +20.71%
Price / MAexp7: -3.70%
Price / MAexp20: -5.17%
Price / MAexp50: -7.63%
Price / MAexp100: -9.61%

Quotes : - 15 min delayed data - Actions NYSE