Londinia Opportunities Analyses - 05/20/2024 (GMT) MERCURY SYSTEMS INC - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	MRCY
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

83%

17%

My opinion

Bullish above 31.57 USD

My targets

32.85 USD (+2.94%)

33.84 USD (+6.05%)

My analysis

MERCURY SYSTEMS INC is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 31.57 USD. The next resistance located at 32.85 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 33.84 USD. After this resistance, buyers could then target 35.92 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.8

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Additional analysis

Quotes

MERCURY SYSTEMS INC rating 31.91 USD. The price registered an increase of +0.82% on the session and was between 31.44 USD and 31.91 USD. This implies that the price is at +1.49% from its lowest and at 0% from its highest.

31.44

31.91

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

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 an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of MERCURY SYSTEMS INC indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	29.39	29.86	31.57	31.91	33.84	35.92	38.35
Change (%)	-7.90%	-6.42%	-1.07%	-	+6.05%	+12.57%	+20.18%
Change	-2.52	-2.05	-0.34	-	+1.93	+4.01	+6.44
Level	Intermediate	Intermediate	Major	-	Minor	Minor	Intermediate

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	30.36	30.63	31.14	31.41	31.92	32.19	32.70
Camarilla	31.44	31.51	31.58	31.65	31.72	31.79	31.87
Woodie	30.48	30.69	31.26	31.47	32.04	32.25	32.82
Fibonacci	30.63	30.93	31.11	31.41	31.71	31.89	32.19

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.73	26.92	29.29	30.48	32.85	34.04	36.41
Camarilla	30.67	31.00	31.32	31.65	31.98	32.30	32.63
Woodie	26.31	27.22	29.87	30.78	33.43	34.34	36.99
Fibonacci	26.92	28.28	29.12	30.48	31.84	32.68	34.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.14	25.65	26.92	28.43	29.70	31.21	32.48
Camarilla	27.44	27.69	27.95	28.20	28.46	28.71	28.97
Woodie	24.03	25.59	26.81	28.37	29.59	31.15	32.37
Fibonacci	25.65	26.71	27.37	28.43	29.49	30.15	31.21

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	69.03
MACD (12,26,9):	0.6000
Directional Movement:	24.78
AROON (14):	100.00
DEMA (21):	31.59
Parabolic SAR (0,02-0,02-0,2):	31.18
Elder Ray (13):	0.51
Super Trend (3,10):	30.46
Zig ZAG (10):	31.53
VORTEX (21):	1.3000
Stochastique (14,3,5):	92.46
TEMA (21):	31.83
Williams %R (14):	-11.93
Chande Momentum Oscillator (20):	0.99
Repulse (5,40,3):	1.3000
ROCnROLL:	1
TRIX (15,9):	0.2900
Courbe Coppock:	9.68

MA7:	30.00
MA20:	29.19
MA50:	28.81
MA100:	29.86
MAexp7:	31.48
MAexp20:	30.80
MAexp50:	29.97
MAexp100:	29.45
Price / MA7:	+6.37%
Price / MA20:	+9.32%
Price / MA50:	+10.76%
Price / MA100:	+6.87%
Price / MAexp7:	+1.37%
Price / MAexp20:	+3.60%
Price / MAexp50:	+6.47%
Price / MAexp100:	+8.35%

Quotes : - 15 min delayed data - Actions NASDAQ

News

Don't forget to follow the news on MERCURY SYSTEMS INC. At the time of publication of this analysis, the latest news was as follows: