Londinia Opportunities Analyses - 01/30/2023 (GMT) STEVEN MADDEN LTD. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	SHOO
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

78%

22%

My opinion

Bullish above 34.80 USD

My targets

36.03 USD (+1.84%)

37.58 USD (+6.22%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STEVEN MADDEN LTD. as long as the price remains well above 34.80 USD. The buyers' bullish objective is set at 36.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 37.58 USD. If there is any crossing, the next objective would be the resistance located at 39.21 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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Additional analysis

Quotes

STEVEN MADDEN LTD. rating 35.38 USD. The price is lower by -0.03% since the last closing and was traded between 34.85 USD and 35.38 USD over the period. The price is currently at +1.52% from its lowest and 0% from its highest.

34.85

35.38

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of STEVEN MADDEN LTD. in 1H shows a strongly overall bullish trend. 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.

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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	31.03	33.56	34.80	35.38	36.03	37.58	39.21
Change (%)	-12.30%	-5.14%	-1.64%	-	+1.84%	+6.22%	+10.83%
Change	-4.35	-1.82	-0.58	-	+0.65	+2.20	+3.83
Level	Major	Intermediate	Major	-	Minor	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.33	33.79	34.59	35.05	35.85	36.31	37.11
Camarilla	35.04	35.16	35.28	35.39	35.51	35.62	35.74
Woodie	33.50	33.88	34.76	35.14	36.02	36.40	37.28
Fibonacci	33.79	34.27	34.57	35.05	35.53	35.83	36.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.43	32.27	33.83	34.67	36.23	37.07	38.63
Camarilla	34.73	34.95	35.17	35.39	35.61	35.83	36.05
Woodie	31.79	32.45	34.19	34.85	36.59	37.25	38.99
Fibonacci	32.27	33.19	33.75	34.67	35.59	36.15	37.07

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.36	28.73	30.34	32.71	34.32	36.69	38.30
Camarilla	30.87	31.23	31.60	31.96	32.33	32.69	33.06
Woodie	25.99	28.54	29.97	32.52	33.95	36.50	37.93
Fibonacci	28.73	30.25	31.19	32.71	34.23	35.17	36.69

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):	65.23
MACD (12,26,9):	0.3500
Directional Movement:	13.89
AROON (14):	71.43
DEMA (21):	35.22
Parabolic SAR (0,02-0,02-0,2):	34.56
Elder Ray (13):	0.24
Super Trend (3,10):	34.44
Zig ZAG (10):	35.23
VORTEX (21):	1.1900
Stochastique (14,3,5):	85.60
TEMA (21):	35.33
Williams %R (14):	-16.98
Chande Momentum Oscillator (20):	0.89
Repulse (5,40,3):	1.0900
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	6.29

MA7:	34.55
MA20:	33.06
MA50:	33.09
MA100:	31.03
MAexp7:	35.17
MAexp20:	34.77
MAexp50:	34.19
MAexp100:	33.60
Price / MA7:	+2.40%
Price / MA20:	+7.02%
Price / MA50:	+6.92%
Price / MA100:	+14.02%
Price / MAexp7:	+0.60%
Price / MAexp20:	+1.75%
Price / MAexp50:	+3.48%
Price / MAexp100:	+5.30%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on STEVEN MADDEN LTD. at the time of the analysis were as follows: