U.S. SILICA HOLDINGS INC. - Daily - Technical analysis published on 02/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 4.92 USD
My targets
4.46 USD (-5.91%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on U.S. SILICA HOLDINGS INC. as long as the price remains well below 4.92 USD. The sellers” bearish objective is set at 4.46 USD. A bearish break of this support would revive the bearish momentum. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The U.S. SILICA HOLDINGS INC. rating is 4.74 USD. On the day, this instrument lost -2.67% with the lowest point at 4.66 USD and the highest point at 4.85 USD. The deviation from the price is +1.72% for the low point and -2.27% for the high point.4.66
4.85
4.74
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this U.S. SILICA HOLDINGS INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Aroon indicator bearish trend
Type : Bearish
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.46 | 4.74 | 6.39 | 10.30 | 11.86 |
| Change (%) | -5.91% | - | +34.81% | +117.30% | +150.21% |
| Change | -0.28 | - | +1.65 | +5.56 | +7.12 |
| Level | Major | - | Minor | Minor | 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 | 3.74 | 4.09 | 4.48 | 4.83 | 5.22 | 5.57 | 5.96 |
| Camarilla | 4.67 | 4.73 | 4.80 | 4.87 | 4.94 | 5.01 | 5.07 |
| Woodie | 3.76 | 4.10 | 4.50 | 4.84 | 5.24 | 5.58 | 5.98 |
| Fibonacci | 4.09 | 4.37 | 4.55 | 4.83 | 5.11 | 5.29 | 5.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.92 | 5.23 | 5.57 | 5.88 | 6.22 | 6.53 | 6.87 |
| Camarilla | 5.72 | 5.78 | 5.84 | 5.90 | 5.96 | 6.02 | 6.08 |
| Woodie | 4.93 | 5.24 | 5.58 | 5.89 | 6.23 | 6.54 | 6.88 |
| Fibonacci | 5.23 | 5.48 | 5.64 | 5.88 | 6.13 | 6.29 | 6.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.21 | 3.36 | 4.25 | 5.40 | 6.29 | 7.44 | 8.33 |
| Camarilla | 4.58 | 4.77 | 4.95 | 5.14 | 5.33 | 5.51 | 5.70 |
| Woodie | 2.08 | 3.30 | 4.12 | 5.34 | 6.16 | 7.38 | 8.20 |
| Fibonacci | 3.36 | 4.14 | 4.62 | 5.40 | 6.18 | 6.66 | 7.44 |
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): | 38.72 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -10.38 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 5.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.99 | |
| Elder Ray (13): | -0.62 | |
| Super Trend (3,10): | 6.34 | |
| Zig ZAG (10): | 4.75 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 25.60 | |
| TEMA (21): | 5.25 | |
| Williams %R (14): | -83.10 | |
| Chande Momentum Oscillator (20): | -1.06 | |
| Repulse (5,40,3): | -6.9900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 4.41 |
| MA7: | 5.34 | |
| MA20: | 5.50 | |
| MA50: | 5.60 | |
| MA100: | 5.70 | |
| MAexp7: | 5.23 | |
| MAexp20: | 5.43 | |
| MAexp50: | 5.59 | |
| MAexp100: | 6.35 | |
| Price / MA7: | -11.24% | |
| Price / MA20: | -13.82% | |
| Price / MA50: | -15.36% | |
| Price / MA100: | -16.84% | |
| Price / MAexp7: | -9.37% | |
| Price / MAexp20: | -12.71% | |
| Price / MAexp50: | -15.21% | |
| Price / MAexp100: | -25.35% |
News
Don"t forget to follow the news on U.S. SILICA HOLDINGS INC.. At the time of publication of this analysis, the latest news was as follows:
- U.S. Silica Announces Timing of Earnings Release and Investor Call
- U.S. Silica Promotes Brad Casper to President
- U.S. Silica Announces Price Increases on Industrial and Specialty Products
-
U.S. Silica Holdings, Inc. - SLCA Stock Chart Technical Analysis for 11-25-2019
- U.S. Silica Announces Cost Reduction Actions
This member declared not having a position on this financial instrument or a related financial instrument.
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