Londinia Opportunities Analyses - 06/23/2022 (GMT) RUSH ENTERPRISES INC. - 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
11%
67%
22%
My opinion
Bearish under 48.02 USD
My targets
47.15 USD (-1.11%)
46.66 USD (-2.14%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RUSH ENTERPRISES INC. as long as the price remains well below 48.02 USD. The sellers' bearish objective is set at 47.15 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 46.66 USD. In case of crossing, the next objective would be the support located at 44.66 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, 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
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
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Additional analysis
Quotes
The RUSH ENTERPRISES INC. rating is 47.68 USD. On the day, this instrument lost -2.99% and was traded between 47.49 USD and 49.52 USD over the period. The price is currently at +0.40% from its lowest and -3.72% from its highest.47.49
49.52
47.68
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 RUSH ENTERPRISES INC. in 1H shows a overall strongly bearish trend. 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 44.66 | 46.66 | 47.15 | 47.68 | 48.02 | 48.63 | 50.06 |
| Change (%) | -6.33% | -2.14% | -1.11% | - | +0.71% | +1.99% | +4.99% |
| Change | -3.02 | -1.02 | -0.53 | - | +0.34 | +0.95 | +2.38 |
| Level | Minor | Major | Intermediate | - | Minor | Major | Minor |
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 | 46.50 | 47.26 | 48.20 | 48.96 | 49.90 | 50.66 | 51.60 |
| Camarilla | 48.68 | 48.84 | 48.99 | 49.15 | 49.31 | 49.46 | 49.62 |
| Woodie | 46.60 | 47.31 | 48.30 | 49.01 | 50.00 | 50.71 | 51.70 |
| Fibonacci | 47.26 | 47.91 | 48.31 | 48.96 | 49.61 | 50.01 | 50.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.99 | 44.49 | 46.13 | 48.63 | 50.27 | 52.77 | 54.41 |
| Camarilla | 46.63 | 47.01 | 47.39 | 47.77 | 48.15 | 48.53 | 48.91 |
| Woodie | 41.56 | 44.28 | 45.70 | 48.42 | 49.84 | 52.56 | 53.98 |
| Fibonacci | 44.49 | 46.07 | 47.05 | 48.63 | 50.21 | 51.19 | 52.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.34 | 43.75 | 47.36 | 50.77 | 54.38 | 57.79 | 61.40 |
| Camarilla | 49.05 | 49.69 | 50.34 | 50.98 | 51.62 | 52.27 | 52.91 |
| Woodie | 40.45 | 43.80 | 47.47 | 50.82 | 54.49 | 57.84 | 61.51 |
| Fibonacci | 43.75 | 46.43 | 48.09 | 50.77 | 53.45 | 55.11 | 57.79 |
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): | 35.82 | |
| MACD (12,26,9): | -0.3000 | |
| Directional Movement: | -19.21 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 48.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 49.04 | |
| Elder Ray (13): | -0.71 | |
| Super Trend (3,10): | 48.98 | |
| Zig ZAG (10): | 47.64 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 6.48 | |
| TEMA (21): | 48.12 | |
| Williams %R (14): | -93.24 | |
| Chande Momentum Oscillator (20): | -1.43 | |
| Repulse (5,40,3): | -0.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 3.31 |
| MA7: | 48.86 | |
| MA20: | 50.74 | |
| MA50: | 50.39 | |
| MA100: | 50.54 | |
| MAexp7: | 48.06 | |
| MAexp20: | 48.51 | |
| MAexp50: | 49.10 | |
| MAexp100: | 49.82 | |
| Price / MA7: | -2.42% | |
| Price / MA20: | -6.03% | |
| Price / MA50: | -5.38% | |
| Price / MA100: | -5.66% | |
| Price / MAexp7: | -0.79% | |
| Price / MAexp20: | -1.71% | |
| Price / MAexp50: | -2.89% | |
| Price / MAexp100: | -4.30% |
Quotes :
-
15 min delayed data
-
Actions NASDAQ
News
The last news published on RUSH ENTERPRISES INC. at the time of the generation of this analysis was as follows:
- Cummins Completes 50 Percent Acquisition of Momentum Fuel Technologies From Rush Enterprises
- Cummins to Acquire 50 Percent of Momentum Fuel Technologies From Rush Enterprises
- Tallman Group announces joint venture with Rush Enterprises
- Axalta's Commercial Transportation Coatings on Display During 2018 Rush Enterprises Tech Skills Rodeo
- Rush Enterprises, Inc. Class A to Host Earnings Call