O REILLY AUTOMOTIVE INC. - Daily - Technical analysis published on 07/08/2019 (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
78%
6%
17%
My opinion
Bullish above 381.02 USD
My targets
388.00 USD (+0.51%)
408.67 USD (+5.86%)
My analysis
The bullish trend is currently very strong on O REILLY AUTOMOTIVE INC.. As long as the price remains above the support at 381.02 USD, you could try to benefit from the boom. The first bullish objective is located at 388.00 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 408.67 USD as an objective. 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.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The O REILLY AUTOMOTIVE INC. price is 386.04 USD. The price registered a decrease of -0.05% on the session and was between 383.35 USD and 387.49 USD. This implies that the price is at +0.70% from its lowest and at -0.37% from its highest.383.35
387.49
386.04
The Central Gaps scanner detects a bullish 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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this O REILLY AUTOMOTIVE INC. chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 352.57 | 367.76 | 381.02 | 386.04 | 388.00 | 408.67 |
| Change (%) | -8.67% | -4.74% | -1.30% | - | +0.51% | +5.86% |
| Change | -33.47 | -18.28 | -5.02 | - | +1.96 | +22.63 |
| Level | Major | Intermediate | Intermediate | - | Major | Major |
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 | 377.40 | 379.75 | 382.98 | 385.33 | 388.56 | 390.91 | 394.14 |
| Camarilla | 384.69 | 385.20 | 385.71 | 386.22 | 386.73 | 387.24 | 387.75 |
| Woodie | 377.85 | 379.97 | 383.43 | 385.55 | 389.01 | 391.13 | 394.59 |
| Fibonacci | 379.75 | 381.88 | 383.20 | 385.33 | 387.46 | 388.78 | 390.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 349.11 | 356.59 | 362.96 | 370.44 | 376.81 | 384.29 | 390.66 |
| Camarilla | 365.51 | 366.78 | 368.05 | 369.32 | 370.59 | 371.86 | 373.13 |
| Woodie | 348.55 | 356.31 | 362.39 | 370.16 | 376.24 | 384.01 | 390.10 |
| Fibonacci | 356.59 | 361.88 | 365.15 | 370.44 | 375.73 | 379.00 | 384.29 |
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): | 61.15 | |
| MACD (12,26,9): | 1.3200 | |
| Directional Movement: | 5.29 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 379.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 365.45 | |
| Elder Ray (13): | 6.84 | |
| Super Trend (3,10): | 387.98 | |
| Zig ZAG (10): | 386.04 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 77.71 | |
| TEMA (21): | 380.52 | |
| Williams %R (14): | -18.88 | |
| Chande Momentum Oscillator (20): | 0.71 | |
| Repulse (5,40,3): | 2.1500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 3.03 |
| MA7: | 376.40 | |
| MA20: | 379.68 | |
| MA50: | 373.16 | |
| MA100: | 379.00 | |
| MAexp7: | 380.10 | |
| MAexp20: | 377.82 | |
| MAexp50: | 376.67 | |
| MAexp100: | 372.70 | |
| Price / MA7: | +2.56% | |
| Price / MA20: | +1.68% | |
| Price / MA50: | +3.45% | |
| Price / MA100: | +1.86% | |
| Price / MAexp7: | +1.56% | |
| Price / MAexp20: | +2.18% | |
| Price / MAexp50: | +2.49% | |
| Price / MAexp100: | +3.58% |
News
The last news published on O REILLY AUTOMOTIVE INC. at the time of the generation of this analysis was as follows:
- Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether C&J Energy Services has obtained a Fair Price in its Sale to Keane Group, Inc.
- Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Amplify Energy Corp. has obtained a Fair Price in its Merger with Midstates Petroleum Company, Inc.
- INVESTOR ALERT: Ademi & O'Reilly, LLP Reminds Investors in Snap, Inc. (SNAP) of January 31 Deadline
- INVESTOR ALERT: Ademi & O'Reilly, LLP Reminds Investors in Snap, Inc. (SNAP) of January 31 Deadline
- Neuberger Berman Announces Tom O'Reilly, Co-Portfolio Manager of Neuberger Berman High Yield Strategies Fund, to Retire at End of 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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