LUMEN TECHNOLOGIES INC.
LUMEN TECHNOLOGIES INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LUMN
ISIN:

LUMEN TECHNOLOGIES INC. - Daily - Technical analysis published on 10/30/2019 (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
83%
0%
17%
My opinion
Bullish above 12.27 USD
My targets
13.09 USD (+1.95%)
13.62 USD (+6.07%)
My analysis
CENTURYLINK INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12.27 USD. The next resistance located at 13.09 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13.62 USD. After this resistance, buyers could then target 14.71 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.4

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

Additional analysis

Quotes

The CENTURYLINK INC. rating is 12.84 USD. The price registered a decrease of -0.70% on the session and was between 12.73 USD and 12.98 USD. This implies that the price is at +0.86% from its lowest and at -1.08% from its highest.

12.73
12.98
12.84

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CENTURYLINK INC.:
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


Technical analysis of CENTURYLINK INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.55 11.57 12.27 12.84 13.09 13.62 14.71
Change (%) -17.83% -9.89% -4.44% - +1.95% +6.07% +14.56%
Change -2.29 -1.27 -0.57 - +0.25 +0.78 +1.87
Level Minor Major Major - Intermediate Major Minor



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
Standard12.4212.6512.7913.0213.1613.3913.53
Camarilla12.8312.8612.9012.9312.9613.0013.03
Woodie12.3812.6312.7513.0013.1213.3713.49
Fibonacci12.6512.7912.8813.0213.1613.2513.39


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.4811.8412.3712.7313.2613.6214.15
Camarilla12.6512.7312.8112.8912.9713.0513.14
Woodie11.5611.8812.4512.7713.3413.6614.23
Fibonacci11.8412.1812.3912.7313.0713.2813.62


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.8410.0311.2512.4413.6614.8516.07
Camarilla11.8212.0412.2612.4812.7012.9213.14
Woodie8.8710.0411.2812.4513.6914.8616.10
Fibonacci10.0310.9511.5212.4413.3613.9314.85

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): 60.20
MACD (12,26,9): 0.2300
Directional Movement: 13.28
AROON (14): 92.86
DEMA (21): 12.68
Parabolic SAR (0,02-0,02-0,2): 12.43
Elder Ray (13): 0.30
Super Trend (3,10): 11.87
Zig ZAG (10): 12.84
VORTEX (21): 1.0300
Stochastique (14,3,5): 83.01
TEMA (21): 12.82
Williams %R (14): -22.40
Chande Momentum Oscillator (20): 1.11
Repulse (5,40,3): 0.0700
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 20.40
MA7: 12.82
MA20: 12.12
MA50: 12.13
MA100: 11.68
MAexp7: 12.75
MAexp20: 12.43
MAexp50: 12.13
MAexp100: 11.95
Price / MA7: +0.16%
Price / MA20: +5.94%
Price / MA50: +5.85%
Price / MA100: +9.93%
Price / MAexp7: +0.71%
Price / MAexp20: +3.30%
Price / MAexp50: +5.85%
Price / MAexp100: +7.45%

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

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