3D SYSTEMS CORP. - Daily - Technical analysis published on 11/15/2019 (GMT)
- 416
- 0
- Who voted?
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 7.86 USD
My targets
9.21 USD (+2.45%)
11.16 USD (+24.14%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 7.86 USD remains possible. It is advisable to trade 3D SYSTEMS CORP. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 7.86 USD. The next bullish objective for buyers is set at 9.21 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.16 USD. If there is any crossing, the next objective would be the resistance located at 12.52 USD. PS: if there is a bearish break in the support located at 7.86 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
2.5
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 3D SYSTEMS CORP. price is 8.99 USD. The price registered an increase of +0.45% on the session with the lowest point at 8.83 USD and the highest point at 9.05 USD. The deviation from the price is +1.81% for the low point and -0.66% for the high point.8.83
9.05
8.99
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of 3D SYSTEMS CORP. in Daily shows an overall bullish trend. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 6.55 | 7.86 | 8.99 | 9.21 | 11.16 | 12.52 |
| Change (%) | -27.14% | -12.57% | - | +2.45% | +24.14% | +39.27% |
| Change | -2.44 | -1.13 | - | +0.22 | +2.17 | +3.53 |
| Level | Intermediate | Intermediate | - | Major | 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 | 8.51 | 8.72 | 8.83 | 9.04 | 9.15 | 9.36 | 9.47 |
| Camarilla | 8.86 | 8.89 | 8.92 | 8.95 | 8.98 | 9.01 | 9.04 |
| Woodie | 8.47 | 8.70 | 8.79 | 9.02 | 9.11 | 9.34 | 9.43 |
| Fibonacci | 8.72 | 8.84 | 8.91 | 9.04 | 9.16 | 9.23 | 9.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.66 | 8.97 | 9.19 | 9.50 | 9.72 | 10.03 | 10.25 |
| Camarilla | 9.27 | 9.32 | 9.37 | 9.42 | 9.47 | 9.52 | 9.57 |
| Woodie | 8.63 | 8.95 | 9.16 | 9.48 | 9.69 | 10.01 | 10.22 |
| Fibonacci | 8.97 | 9.17 | 9.29 | 9.50 | 9.70 | 9.82 | 10.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.99 | 6.71 | 8.10 | 8.82 | 10.21 | 10.93 | 12.32 |
| Camarilla | 8.91 | 9.10 | 9.30 | 9.49 | 9.68 | 9.88 | 10.07 |
| Woodie | 6.33 | 6.88 | 8.44 | 8.99 | 10.55 | 11.10 | 12.66 |
| Fibonacci | 6.71 | 7.52 | 8.01 | 8.82 | 9.63 | 10.12 | 10.93 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.98 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | -1.50 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 9.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.80 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 8.77 | |
| Zig ZAG (10): | 8.94 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 48.44 | |
| TEMA (21): | 9.43 | |
| Williams %R (14): | -55.67 | |
| Chande Momentum Oscillator (20): | 0.22 | |
| Repulse (5,40,3): | -2.2900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.5900 | |
| Courbe Coppock: | 13.05 |
| MA7: | 9.27 | |
| MA20: | 9.11 | |
| MA50: | 8.51 | |
| MA100: | 8.27 | |
| MAexp7: | 9.19 | |
| MAexp20: | 9.04 | |
| MAexp50: | 8.63 | |
| MAexp100: | 8.62 | |
| Price / MA7: | -3.02% | |
| Price / MA20: | -1.32% | |
| Price / MA50: | +5.64% | |
| Price / MA100: | +8.71% | |
| Price / MAexp7: | -2.18% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | +4.17% | |
| Price / MAexp100: | +4.29% |
News
Don"t forget to follow the news on 3D SYSTEMS CORP.. At the time of publication of this analysis, the latest news was as follows:
- 3D Systems' Cimatron® CAD/CAM Software Boosts Productivity and Improves Efficiencies for Tool Makers
- 3D Systems Expands its Industry-Leading Portfolio of Dental Materials with Newly FDA-Cleared NextDent® Denture 3D+
- America Makes and Department of Defense Select 3D Systems to Help Reduce Part Corrosion - Potential to Significantly Reduce Maintenance Costs
- 3D Systems and Antleron Collaborating to Accelerate 3D Printing Biomedical Breakthroughs
- 3D Systems' Cimatron CAD/CAM Software Enables Mold Shops to Design and Manufacture More Complex Molds, Faster--Keeping them Ahead of the Competition
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis 3D SYSTEMS CORP. - Daily