Londinia Opportunities Analyses - 06/07/2023 (GMT) SUN COUNTRY AIRLINES HLD. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	SNCY
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 19.34 USD

My targets

20.17 USD (+2.49%)

20.51 USD (+4.22%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUN COUNTRY AIRLINES HLD. as long as the price remains well above 19.34 USD. The buyers' bullish objective is set at 20.17 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.51 USD. If there is any crossing, the next objective would be the resistance located at 21.48 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The SUN COUNTRY AIRLINES HLD. price is 19.68 USD. The price registered an increase of +0.77% on the session with the lowest point at 19.37 USD and the highest point at 19.98 USD. The deviation from the price is +1.60% for the low point and -1.50% for the high point.

19.37

19.98

19.68

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SUN COUNTRY AIRLINES HLD.:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of SUN COUNTRY AIRLINES HLD. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of triangle

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.59	18.89	19.34	19.68	19.73	20.17	20.51
Change (%)	-5.54%	-4.01%	-1.73%	-	+0.25%	+2.49%	+4.22%
Change	-1.09	-0.79	-0.34	-	+0.05	+0.49	+0.83
Level	Intermediate	Minor	Minor	-	Major	Minor	Minor

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
Standard	18.20	18.50	19.01	19.31	19.82	20.12	20.63
Camarilla	19.31	19.38	19.46	19.53	19.60	19.68	19.75
Woodie	18.32	18.55	19.13	19.36	19.94	20.17	20.75
Fibonacci	18.50	18.81	19.00	19.31	19.62	19.81	20.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.35	17.07	18.18	18.90	20.01	20.73	21.84
Camarilla	18.80	18.97	19.13	19.30	19.47	19.64	19.80
Woodie	16.56	17.17	18.39	19.00	20.22	20.83	22.05
Fibonacci	17.07	17.77	18.20	18.90	19.60	20.03	20.73

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.41	15.61	17.20	18.40	19.99	21.19	22.78
Camarilla	18.03	18.29	18.54	18.80	19.06	19.31	19.57
Woodie	14.62	15.71	17.41	18.50	20.20	21.29	22.99
Fibonacci	15.61	16.67	17.33	18.40	19.46	20.12	21.19

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):	62.27
MACD (12,26,9):	0.1800
Directional Movement:	10.32
AROON (14):	50.00
DEMA (21):	19.65
Parabolic SAR (0,02-0,02-0,2):	19.37
Elder Ray (13):	0.16
Super Trend (3,10):	19.04
Zig ZAG (10):	19.68
VORTEX (21):	1.0300
Stochastique (14,3,5):	65.45
TEMA (21):	19.65
Williams %R (14):	-25.42
Chande Momentum Oscillator (20):	0.27
Repulse (5,40,3):	0.3600
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	5.63

MA7:	19.11
MA20:	18.35
MA50:	18.75
MA100:	19.25
MAexp7:	19.58
MAexp20:	19.41
MAexp50:	19.04
MAexp100:	18.71
Price / MA7:	+2.98%
Price / MA20:	+7.25%
Price / MA50:	+4.96%
Price / MA100:	+2.23%
Price / MAexp7:	+0.51%
Price / MAexp20:	+1.39%
Price / MAexp50:	+3.36%
Price / MAexp100:	+5.18%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on SUN COUNTRY AIRLINES HLD. at the time of the analysis were as follows: