CANADIAN PACIFIC KANSAS CITY
CANADIAN PACIFIC KANSAS CITY
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CP
ISIN: CA13645T1003

CANADIAN PACIFIC KANSAS CITY - Daily - Technical analysis published on 09/23/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 83.28 USD
My targets
87.77 USD (+2.27%)
89.24 USD (+3.99%)
My analysis
The bullish trend is currently very strong on CANADIAN PACIFIC KANSAS CITY. As long as the price remains above the support at 83.28 USD, you could try to benefit from the boom. The first bullish objective is located at 87.77 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 89.24 USD as an objective. Crossing it would then enable buyers to target 91.39 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CANADIAN PACIFIC KANSAS CITY price is 85.82 USD. On the day, this instrument lost -0.05% with the lowest point at 85.04 USD and the highest point at 86.14 USD. The deviation from the price is +0.92% for the low point and -0.37% for the high point.

85.04
86.14
85.82

Here is a more detailed summary of the historical variations registered by CANADIAN PACIFIC KANSAS CITY:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this CANADIAN PACIFIC KANSAS CITY chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 76.16 79.74 83.28 85.82 87.77 89.24 91.39
Change (%) -11.26% -7.08% -2.96% - +2.27% +3.99% +6.49%
Change -9.66 -6.08 -2.54 - +1.95 +3.42 +5.57
Level Major Intermediate Major - Intermediate Minor Major



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
Standard83.9484.5185.1985.7686.4487.0187.69
Camarilla85.5285.6385.7585.8685.9886.0986.20
Woodie83.9984.5485.2485.7986.4987.0487.74
Fibonacci84.5184.9985.2985.7686.2486.5487.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.1083.5984.7386.2287.3688.8589.99
Camarilla85.1485.3885.6285.8686.1086.3486.58
Woodie81.9283.5084.5586.1387.1888.7689.81
Fibonacci83.5984.6085.2286.2287.2387.8588.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.4371.8177.3780.7586.3189.6995.25
Camarilla80.4881.3082.1282.9483.7684.5885.40
Woodie69.5372.3678.4781.3087.4190.2496.35
Fibonacci71.8175.2277.3380.7584.1686.2789.69

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): 58.06
MACD (12,26,9): 1.4400
Directional Movement: 7.56
AROON (14): 71.43
DEMA (21): 86.55
Parabolic SAR (0,02-0,02-0,2): 84.38
Elder Ray (13): 0.14
Super Trend (3,10): 82.13
Zig ZAG (10): 85.68
VORTEX (21): 1.1400
Stochastique (14,3,5): 71.50
TEMA (21): 87.18
Williams %R (14): -38.78
Chande Momentum Oscillator (20): 2.18
Repulse (5,40,3): 0.0400
ROCnROLL: 1
TRIX (15,9): 0.2600
Courbe Coppock: 8.31
MA7: 86.40
MA20: 84.70
MA50: 82.21
MA100: 80.84
MAexp7: 86.02
MAexp20: 84.67
MAexp50: 82.82
MAexp100: 81.92
Price / MA7: -0.67%
Price / MA20: +1.32%
Price / MA50: +4.39%
Price / MA100: +6.16%
Price / MAexp7: -0.23%
Price / MAexp20: +1.36%
Price / MAexp50: +3.62%
Price / MAexp100: +4.76%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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