EBAY INC. - Daily - Technical analysis published on 07/01/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
11%
6%
My opinion
Bullish above 49.75 USD
My targets
55.13 USD (+5.08%)
57.80 USD (+10.18%)
My analysis
The bullish trend is currently very strong on EBAY INC.. As long as the price remains above the support at 49.75 USD, you could try to benefit from the boom. The first bullish objective is located at 55.13 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 57.80 USD as an objective. Crossing it would then enable buyers to target 62.86 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
8.4
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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
EBAY INC. rating 52.46 USD. On the day, this instrument gained +0.02% and was between 51.32 USD and 53.43 USD. This implies that the price is at +2.22% from its lowest and at -1.82% from its highest.51.32
53.43
52.46
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EBAY INC. indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 41.55 | 46.19 | 49.75 | 52.46 |
| Change (%) | -20.80% | -11.95% | -5.17% | - |
| Change | -10.91 | -6.27 | -2.71 | - |
| Level | Intermediate | Major | 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 | 50.17 | 50.75 | 51.60 | 52.17 | 53.02 | 53.60 | 54.45 |
| Camarilla | 52.06 | 52.19 | 52.32 | 52.45 | 52.58 | 52.71 | 52.84 |
| Woodie | 50.31 | 50.82 | 51.74 | 52.24 | 53.16 | 53.67 | 54.59 |
| Fibonacci | 50.75 | 51.29 | 51.63 | 52.17 | 52.72 | 53.05 | 53.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.57 | 46.79 | 48.84 | 50.06 | 52.11 | 53.33 | 55.38 |
| Camarilla | 49.99 | 50.29 | 50.59 | 50.89 | 51.19 | 51.49 | 51.79 |
| Woodie | 45.99 | 47.00 | 49.26 | 50.27 | 52.53 | 53.54 | 55.80 |
| Fibonacci | 46.79 | 48.04 | 48.81 | 50.06 | 51.31 | 52.08 | 53.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.66 | 42.33 | 47.39 | 50.07 | 55.13 | 57.80 | 62.86 |
| Camarilla | 50.32 | 51.03 | 51.74 | 52.45 | 53.16 | 53.87 | 54.58 |
| Woodie | 40.85 | 42.93 | 48.58 | 50.66 | 56.32 | 58.40 | 64.05 |
| Fibonacci | 42.33 | 45.29 | 47.11 | 50.07 | 53.02 | 54.85 | 57.80 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 76.36 | |
| MACD (12,26,9): | 1.9700 | |
| Directional Movement: | 25.52 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 51.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 48.10 | |
| Elder Ray (13): | 2.37 | |
| Super Trend (3,10): | 47.89 | |
| Zig ZAG (10): | 52.37 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 93.05 | |
| TEMA (21): | 51.72 | |
| Williams %R (14): | -15.83 | |
| Chande Momentum Oscillator (20): | 4.47 | |
| Repulse (5,40,3): | 2.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5900 | |
| Courbe Coppock: | 10.20 |
| MA7: | 50.72 | |
| MA20: | 49.34 | |
| MA50: | 44.84 | |
| MA100: | 39.48 | |
| MAexp7: | 51.01 | |
| MAexp20: | 49.03 | |
| MAexp50: | 45.26 | |
| MAexp100: | 41.87 | |
| Price / MA7: | +3.43% | |
| Price / MA20: | +6.32% | |
| Price / MA50: | +16.99% | |
| Price / MA100: | +32.88% | |
| Price / MAexp7: | +2.84% | |
| Price / MAexp20: | +7.00% | |
| Price / MAexp50: | +15.91% | |
| Price / MAexp100: | +25.29% |
Quotes :
2020-07-01 17:15:52
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on EBAY INC. at the time of the analysis were as follows:
- Wolf Popper LLP Investigates eBay Dirty Tricks and Former CEO's $57 Million Exit Package
- eBay Announces Early Results of Tender Offer and Consent Solicitation for 2.875% Notes due 2021
-
Former eBay execs, employees could face jail time over this
- eBay Inc. Issues Statement Regarding Indictments of Previously Terminated Employees
- eBay Inc. Prices $750 Million Senior Unsecured Notes Offering
This member declared not having a position on this financial instrument or a related financial instrument.
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