H WORLD GROUP LTD. - Daily - Technical analysis published on 07/17/2019 (GMT)
- 274
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 35.09 USD
My targets
30.52 USD (-6.01%)
27.45 USD (-15.46%)
My analysis
The bearish basic trend is very strong on HUAZHU GROUP LTD. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 35.09 USD. Crossing the first support at 30.52 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 27.45 USD as an objective. Crossing it would then enable sellers to target 25.02 USD. Caution, a return to above the resistance located at 35.09 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.
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 HUAZHU GROUP LTD. price is 32.47 USD. On the day, this instrument lost -6.78% and was traded between 32.47 USD and 33.30 USD over the period. The price is currently at 0% from its lowest and -2.49% from its highest.32.47
33.30
32.47
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.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this HUAZHU GROUP LTD. chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently positioned bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.02 | 27.45 | 30.52 | 32.47 | 35.09 | 37.35 | 41.28 |
| Change (%) | -22.94% | -15.46% | -6.01% | - | +8.07% | +15.03% | +27.13% |
| Change | -7.45 | -5.02 | -1.95 | - | +2.62 | +4.88 | +8.81 |
| Level | Major | Minor | Major | - | Major | Major | Major |
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 | 34.07 | 34.26 | 34.54 | 34.73 | 35.02 | 35.21 | 35.49 |
| Camarilla | 34.70 | 34.74 | 34.79 | 34.83 | 34.87 | 34.92 | 34.96 |
| Woodie | 34.12 | 34.28 | 34.59 | 34.76 | 35.07 | 35.23 | 35.54 |
| Fibonacci | 34.26 | 34.44 | 34.55 | 34.73 | 34.91 | 35.03 | 35.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.88 | 32.77 | 33.72 | 34.61 | 35.56 | 36.45 | 37.40 |
| Camarilla | 34.16 | 34.33 | 34.50 | 34.67 | 34.84 | 35.01 | 35.18 |
| Woodie | 31.91 | 32.79 | 33.75 | 34.63 | 35.59 | 36.47 | 37.43 |
| Fibonacci | 32.77 | 33.47 | 33.91 | 34.61 | 35.31 | 35.75 | 36.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.63 | 27.00 | 31.62 | 33.99 | 38.61 | 40.98 | 45.60 |
| Camarilla | 34.33 | 34.97 | 35.61 | 36.25 | 36.89 | 37.53 | 38.17 |
| Woodie | 25.77 | 27.56 | 32.76 | 34.55 | 39.75 | 41.54 | 46.74 |
| Fibonacci | 27.00 | 29.67 | 31.32 | 33.99 | 36.66 | 38.31 | 40.98 |
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): | 40.75 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | -10.49 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 34.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 36.67 | |
| Elder Ray (13): | -1.64 | |
| Super Trend (3,10): | 36.48 | |
| Zig ZAG (10): | 32.68 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 18.22 | |
| TEMA (21): | 34.93 | |
| Williams %R (14): | -97.04 | |
| Chande Momentum Oscillator (20): | -3.53 | |
| Repulse (5,40,3): | -1.7400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 2.38 |
| MA7: | 34.46 | |
| MA20: | 35.02 | |
| MA50: | 33.94 | |
| MA100: | 37.01 | |
| MAexp7: | 34.30 | |
| MAexp20: | 34.53 | |
| MAexp50: | 34.95 | |
| MAexp100: | 35.31 | |
| Price / MA7: | -5.77% | |
| Price / MA20: | -7.28% | |
| Price / MA50: | -4.33% | |
| Price / MA100: | -12.27% | |
| Price / MAexp7: | -5.34% | |
| Price / MAexp20: | -5.97% | |
| Price / MAexp50: | -7.10% | |
| Price / MAexp100: | -8.04% |
News
The latest news and videos published on HUAZHU GROUP LTD. at the time of the analysis were as follows:
- SHAREHOLDER DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Huazhu Group Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- HTHT NOTICE: Rosen Law Firm Reminds Huazhu Group Ltd. Investors of Important Deadline in Class Action - HTHT
- HUAZHU LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Huazhu Group Limited To Contact The Firm
- HTHT LOSS NOTICE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Huazhu Group Ltd. - HTHT
- HUAZHU INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Huazhu Group Limited To Contact The Firm
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 H WORLD GROUP LTD. - Daily