ENTEGRIS INC. - 1H - Technical analysis published on 04/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 133.48 USD
My targets
127.92 USD (-2.78%)
120.83 USD (-8.17%)
My analysis
The bearish trend is currently very strong for ENTEGRIS INC.. As long as the price remains below the resistance at 133.48 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 127.92 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 120.83 USD as an objective. Crossing it would then enable sellers to target 113.43 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ENTEGRIS INC. price is 131.58 USD. The price is lower by -0.07% since the last closing and was traded between 129.86 USD and 132.74 USD over the period. The price is currently at +1.32% from its lowest and -0.87% from its highest.129.86
132.74
131.58
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
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ENTEGRIS INC. indicates that the overall trend is strongly bearish. 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 97.79 | 113.43 | 120.83 | 131.58 | 133.48 | 139.63 | 143.82 |
| Change (%) | -25.68% | -13.79% | -8.17% | - | +1.44% | +6.12% | +9.30% |
| Change | -33.79 | -18.15 | -10.75 | - | +1.90 | +8.05 | +12.24 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | 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 | 123.97 | 127.14 | 129.41 | 132.58 | 134.85 | 138.02 | 140.29 |
| Camarilla | 130.17 | 130.67 | 131.17 | 131.67 | 132.17 | 132.67 | 133.17 |
| Woodie | 123.51 | 126.92 | 128.95 | 132.36 | 134.39 | 137.80 | 139.83 |
| Fibonacci | 127.14 | 129.22 | 130.51 | 132.58 | 134.66 | 135.95 | 138.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 123.28 | 127.92 | 130.39 | 135.03 | 137.50 | 142.14 | 144.61 |
| Camarilla | 130.92 | 131.57 | 132.22 | 132.87 | 133.52 | 134.17 | 134.83 |
| Woodie | 122.21 | 127.38 | 129.32 | 134.49 | 136.43 | 141.60 | 143.54 |
| Fibonacci | 127.92 | 130.63 | 132.31 | 135.03 | 137.74 | 139.42 | 142.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 117.26 | 124.47 | 132.50 | 139.71 | 147.74 | 154.95 | 162.98 |
| Camarilla | 136.35 | 137.75 | 139.14 | 140.54 | 141.94 | 143.33 | 144.73 |
| Woodie | 117.68 | 124.68 | 132.92 | 139.92 | 148.16 | 155.16 | 163.40 |
| Fibonacci | 124.47 | 130.29 | 133.89 | 139.71 | 145.53 | 149.13 | 154.95 |
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): | 41.69 | |
| MACD (12,26,9): | -1.1900 | |
| Directional Movement: | -12.69 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 131.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 132.71 | |
| Elder Ray (13): | -0.59 | |
| Super Trend (3,10): | 135.51 | |
| Zig ZAG (10): | 132.06 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 42.03 | |
| TEMA (21): | 131.34 | |
| Williams %R (14): | -55.25 | |
| Chande Momentum Oscillator (20): | -2.57 | |
| Repulse (5,40,3): | 0.9900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1400 | |
| Courbe Coppock: | 3.48 |
| MA7: | 135.50 | |
| MA20: | 137.83 | |
| MA50: | 135.14 | |
| MA100: | 124.44 | |
| MAexp7: | 132.25 | |
| MAexp20: | 133.07 | |
| MAexp50: | 135.07 | |
| MAexp100: | 136.55 | |
| Price / MA7: | -2.89% | |
| Price / MA20: | -4.53% | |
| Price / MA50: | -2.63% | |
| Price / MA100: | +5.74% | |
| Price / MAexp7: | -0.51% | |
| Price / MAexp20: | -1.12% | |
| Price / MAexp50: | -2.58% | |
| Price / MAexp100: | -3.64% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on ENTEGRIS INC. at the time of the analysis were as follows:
- Entegris Fourth Quarter 2023 Results and Virtual Analyst Update - February 14, 2024 (Save the Date)
- Entegris Advances Corporate Social Responsibility Strategy and Sets New Aspirations
- Entegris to Report Results for Third Quarter of 2023 on Thursday, November 2, 2023
- Entegris Reports Results for Second Quarter of 2023
- Entegris to Report Results for Second Quarter of 2023 on Thursday, August 3, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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