LOGITECH INTERNATIONAL S.A. REGISTERED - Daily - Technical analysis published on 07/23/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 95.96 USD
My targets
83.35 USD (-6.77%)
77.07 USD (-13.79%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on LOGITECH INTERNATIONAL S.A. REGISTERED as long as the price remains well below 95.96 USD. The next bearish objective for sellers is set at 83.35 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 77.07 USD. In case of crossing, the next objective would be the support located at 67.00 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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Additional analysis
Quotes
The LOGITECH INTERNATIONAL S.A. REGISTERED price is 89.40 USD. On the day, this instrument lost -2.88% with the lowest point at 87.83 USD and the highest point at 90.62 USD. The deviation from the price is +1.79% for the low point and -1.35% for the high point.87.83
90.62
89.40
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of LOGITECH INTERNATIONAL S.A. REGISTERED in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 77.07 | 83.35 | 88.34 | 89.40 | 95.96 | 102.16 | 116.64 |
| Change (%) | -13.79% | -6.77% | -1.19% | - | +7.34% | +14.27% | +30.47% |
| Change | -12.33 | -6.05 | -1.06 | - | +6.56 | +12.76 | +27.24 |
| Level | Major | Intermediate | Minor | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.16 | 86.49 | 87.95 | 89.28 | 90.74 | 92.07 | 93.53 |
| Camarilla | 88.63 | 88.89 | 89.14 | 89.40 | 89.66 | 89.91 | 90.17 |
| Woodie | 85.22 | 86.52 | 88.01 | 89.31 | 90.80 | 92.10 | 93.59 |
| Fibonacci | 86.49 | 87.56 | 88.22 | 89.28 | 90.35 | 91.01 | 92.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.78 | 86.28 | 87.60 | 90.10 | 91.42 | 93.92 | 95.24 |
| Camarilla | 87.87 | 88.22 | 88.57 | 88.92 | 89.27 | 89.62 | 89.97 |
| Woodie | 83.19 | 85.99 | 87.01 | 89.81 | 90.83 | 93.63 | 94.65 |
| Fibonacci | 86.28 | 87.74 | 88.64 | 90.10 | 91.56 | 92.46 | 93.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.57 | 90.91 | 93.90 | 98.24 | 101.23 | 105.57 | 108.56 |
| Camarilla | 94.86 | 95.54 | 96.21 | 96.88 | 97.55 | 98.22 | 98.90 |
| Woodie | 85.89 | 90.57 | 93.22 | 97.90 | 100.55 | 105.23 | 107.88 |
| Fibonacci | 90.91 | 93.71 | 95.44 | 98.24 | 101.04 | 102.77 | 105.57 |
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): | 39.38 | |
| MACD (12,26,9): | -1.5300 | |
| Directional Movement: | -16.18 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 91.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 92.11 | |
| Elder Ray (13): | -2.59 | |
| Super Trend (3,10): | 94.85 | |
| Zig ZAG (10): | 89.40 | |
| VORTEX (21): | 0.6400 | |
| Stochastique (14,3,5): | 23.92 | |
| TEMA (21): | 89.09 | |
| Williams %R (14): | -79.26 | |
| Chande Momentum Oscillator (20): | -4.45 | |
| Repulse (5,40,3): | 2.1800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 10.91 |
| MA7: | 90.71 | |
| MA20: | 93.34 | |
| MA50: | 94.86 | |
| MA100: | 90.41 | |
| MAexp7: | 90.74 | |
| MAexp20: | 92.76 | |
| MAexp50: | 93.01 | |
| MAexp100: | 90.97 | |
| Price / MA7: | -1.44% | |
| Price / MA20: | -4.22% | |
| Price / MA50: | -5.76% | |
| Price / MA100: | -1.12% | |
| Price / MAexp7: | -1.48% | |
| Price / MAexp20: | -3.62% | |
| Price / MAexp50: | -3.88% | |
| Price / MAexp100: | -1.73% |
Quotes :
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15 min delayed data
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This member declared not having a position on this financial instrument or a related financial instrument.
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