CARNIVAL ORD USD 1.66 - Daily - Technical analysis published on 11/12/2019 (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
61%
0%
39%
My opinion
Bearish under 3,360 GBX
My targets
3,229 GBX (-1.01%)
3,090 GBX (-5.27%)
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 3,360 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 3,360 GBX. The next bearish objective for sellers is set at 3,229 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3,090 GBX. In case of crossing, the next objective would be the support located at 2,957 GBX. PS: if there is a bullish break in the resistance located at 3,360 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.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
0.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CARNIVAL ORD USD 1.66 rating 3,262 GBX. The price registered an increase of +0.74% on the session and was traded between 3,235 GBX and 3,266 GBX over the period. The price is currently at +0.83% from its lowest and -0.12% from its highest.3,235
3,266
3,262
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARNIVAL ORD USD 1.66:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CARNIVAL ORD USD 1.66 in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of channel
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,957 | 3,090 | 3,229 | 3,262 | 3,360 | 3,667 | 3,859 |
| Change (%) | -9.35% | -5.27% | -1.01% | - | +3.00% | +12.42% | +18.30% |
| Change | -305 | -172 | -33 | - | +98 | +405 | +597 |
| Level | Intermediate | Major | 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 | 3,141 | 3,163 | 3,201 | 3,223 | 3,261 | 3,283 | 3,321 |
| Camarilla | 3,222 | 3,227 | 3,233 | 3,238 | 3,244 | 3,249 | 3,255 |
| Woodie | 3,148 | 3,167 | 3,208 | 3,227 | 3,268 | 3,287 | 3,328 |
| Fibonacci | 3,163 | 3,186 | 3,200 | 3,223 | 3,246 | 3,260 | 3,283 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,963 | 3,040 | 3,139 | 3,216 | 3,315 | 3,392 | 3,491 |
| Camarilla | 3,189 | 3,205 | 3,221 | 3,237 | 3,253 | 3,269 | 3,285 |
| Woodie | 2,973 | 3,046 | 3,149 | 3,222 | 3,325 | 3,398 | 3,501 |
| Fibonacci | 3,040 | 3,108 | 3,149 | 3,216 | 3,284 | 3,325 | 3,392 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,574 | 2,805 | 2,949 | 3,180 | 3,324 | 3,555 | 3,699 |
| Camarilla | 2,989 | 3,023 | 3,058 | 3,092 | 3,126 | 3,161 | 3,195 |
| Woodie | 2,530 | 2,783 | 2,905 | 3,158 | 3,280 | 3,533 | 3,655 |
| Fibonacci | 2,805 | 2,949 | 3,037 | 3,180 | 3,324 | 3,412 | 3,555 |
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): | 54.00 | |
| MACD (12,26,9): | -7.0000 | |
| Directional Movement: | 1 | |
| AROON (14): | 79 | |
| DEMA (21): | 3,181 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,114 | |
| Elder Ray (13): | 40 | |
| Super Trend (3,10): | 3,289 | |
| Zig ZAG (10): | 3,261 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 79.00 | |
| TEMA (21): | 3,236 | |
| Williams %R (14): | -16.00 | |
| Chande Momentum Oscillator (20): | 32 | |
| Repulse (5,40,3): | 2.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 7.00 |
| MA7: | 3,236 | |
| MA20: | 3,165 | |
| MA50: | 3,334 | |
| MA100: | 3,436 | |
| MAexp7: | 3,230 | |
| MAexp20: | 3,208 | |
| MAexp50: | 3,294 | |
| MAexp100: | 3,443 | |
| Price / MA7: | +0.80% | |
| Price / MA20: | +3.06% | |
| Price / MA50: | -2.16% | |
| Price / MA100: | -5.06% | |
| Price / MAexp7: | +0.99% | |
| Price / MAexp20: | +1.68% | |
| Price / MAexp50: | -0.97% | |
| Price / MAexp100: | -5.26% |
This member declared not having a position on this financial instrument or a related financial instrument.
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