CARNIVAL ORD USD 1.66 - Daily - Technical analysis published on 08/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 3,667 GBX
My targets
3,401 GBX (-6.13%)
2,957 GBX (-18.38%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 3,667 GBX remains possible. It is advisable to trade CARNIVAL ORD USD 1.66 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3,667 GBX. The next bearish objective for sellers is set at 3,401 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,957 GBX. In case of crossing, the next objective would be the support located at 2,617 GBX. PS: if there is a bullish break in the resistance located at 3,667 GBX we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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 CARNIVAL ORD USD 1.66 price is 3,623 GBX. The price has increased by +0.14% since the last closing and was traded between 3,607 GBX and 3,660 GBX over the period. The price is currently at +0.44% from its lowest and -1.01% from its highest.3,607
3,660
3,623
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
A technical analysis in Daily of this CARNIVAL ORD USD 1.66 chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted
Black gravestone / inverted hammer
Type : Bearish
Timeframe : Daily
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,617 | 2,957 | 3,401 | 3,623 | 3,667 | 4,120 | 4,470 |
| Change (%) | -27.77% | -18.38% | -6.13% | - | +1.21% | +13.72% | +23.38% |
| Change | -1,006 | -666 | -222 | - | +44 | +497 | +847 |
| Level | Intermediate | Minor | Major | - | Major | Minor | 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 | 3,557 | 3,587 | 3,602 | 3,632 | 3,647 | 3,677 | 3,692 |
| Camarilla | 3,606 | 3,610 | 3,614 | 3,618 | 3,622 | 3,626 | 3,630 |
| Woodie | 3,551 | 3,583 | 3,596 | 3,628 | 3,641 | 3,673 | 3,686 |
| Fibonacci | 3,587 | 3,604 | 3,615 | 3,632 | 3,649 | 3,660 | 3,677 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,362 | 3,431 | 3,524 | 3,593 | 3,686 | 3,755 | 3,848 |
| Camarilla | 3,573 | 3,588 | 3,603 | 3,618 | 3,633 | 3,648 | 3,663 |
| Woodie | 3,375 | 3,437 | 3,537 | 3,599 | 3,699 | 3,761 | 3,861 |
| Fibonacci | 3,431 | 3,493 | 3,531 | 3,593 | 3,655 | 3,693 | 3,755 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,237 | 3,339 | 3,521 | 3,623 | 3,805 | 3,907 | 4,089 |
| Camarilla | 3,625 | 3,651 | 3,677 | 3,703 | 3,729 | 3,755 | 3,781 |
| Woodie | 3,277 | 3,359 | 3,561 | 3,643 | 3,845 | 3,927 | 4,129 |
| Fibonacci | 3,339 | 3,448 | 3,515 | 3,623 | 3,732 | 3,799 | 3,907 |
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): | 51.00 | |
| MACD (12,26,9): | -4.0000 | |
| Directional Movement: | -1 | |
| AROON (14): | 50 | |
| DEMA (21): | 3,590 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,710 | |
| Elder Ray (13): | 30 | |
| Super Trend (3,10): | 3,753 | |
| Zig ZAG (10): | 3,616 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 54.00 | |
| TEMA (21): | 3,628 | |
| Williams %R (14): | -51.00 | |
| Chande Momentum Oscillator (20): | 31 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 3.00 |
| MA7: | 3,583 | |
| MA20: | 3,596 | |
| MA50: | 3,656 | |
| MA100: | 3,816 | |
| MAexp7: | 3,609 | |
| MAexp20: | 3,604 | |
| MAexp50: | 3,667 | |
| MAexp100: | 3,797 | |
| Price / MA7: | +1.12% | |
| Price / MA20: | +0.75% | |
| Price / MA50: | -0.90% | |
| Price / MA100: | -5.06% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | -1.20% | |
| Price / MAexp100: | -4.58% |
This member declared not having a position on this financial instrument or a related financial instrument.
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