JAZZ PHARMACEUTICALS PLC - Daily - Technical analysis published on 10/17/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 125.20 USD
My targets
115.94 USD (-4.86%)
96.74 USD (-20.61%)
My analysis
The bearish trend is currently very strong for JAZZ PHARMACEUTICALS PLC. As long as the price remains below the resistance at 125.20 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 115.94 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 96.74 USD as an objective. Crossing it would then enable sellers to target 52.58 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.3
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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
The JAZZ PHARMACEUTICALS PLC price is 121.86 USD. The price has increased by +1.75% since the last closing and was traded between 120.00 USD and 122.17 USD over the period. The price is currently at +1.55% from its lowest and -0.25% from its highest.120.00
122.17
121.86
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of JAZZ PHARMACEUTICALS PLC in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
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 | 52.58 | 96.74 | 115.94 | 121.86 | 125.20 | 131.06 | 134.01 |
| Change (%) | -56.85% | -20.61% | -4.86% | - | +2.74% | +7.55% | +9.97% |
| Change | -69.28 | -25.12 | -5.92 | - | +3.34 | +9.20 | +12.15 |
| Level | Minor | Major | Major | - | Intermediate | Major | 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 | 113.04 | 115.28 | 117.52 | 119.76 | 122.00 | 124.24 | 126.48 |
| Camarilla | 118.54 | 118.95 | 119.36 | 119.77 | 120.18 | 120.59 | 121.00 |
| Woodie | 113.05 | 115.28 | 117.53 | 119.76 | 122.01 | 124.24 | 126.49 |
| Fibonacci | 115.28 | 116.99 | 118.05 | 119.76 | 121.47 | 122.53 | 124.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.86 | 112.36 | 115.52 | 121.02 | 124.18 | 129.68 | 132.84 |
| Camarilla | 116.29 | 117.08 | 117.88 | 118.67 | 119.46 | 120.26 | 121.05 |
| Woodie | 105.68 | 111.78 | 114.34 | 120.44 | 123.00 | 129.10 | 131.66 |
| Fibonacci | 112.36 | 115.67 | 117.72 | 121.02 | 124.33 | 126.38 | 129.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 111.84 | 117.71 | 122.93 | 128.80 | 134.02 | 139.89 | 145.11 |
| Camarilla | 125.09 | 126.11 | 127.12 | 128.14 | 129.16 | 130.17 | 131.19 |
| Woodie | 111.51 | 117.55 | 122.60 | 128.64 | 133.69 | 139.73 | 144.78 |
| Fibonacci | 117.71 | 121.95 | 124.57 | 128.80 | 133.04 | 135.66 | 139.89 |
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): | 42.74 | |
| MACD (12,26,9): | -2.9700 | |
| Directional Movement: | -5.63 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 119.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 123.17 | |
| Elder Ray (13): | -0.66 | |
| Super Trend (3,10): | 127.44 | |
| Zig ZAG (10): | 121.90 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 24.31 | |
| TEMA (21): | 118.33 | |
| Williams %R (14): | -61.14 | |
| Chande Momentum Oscillator (20): | -5.20 | |
| Repulse (5,40,3): | 0.6500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3000 | |
| Courbe Coppock: | 14.39 |
| MA7: | 118.89 | |
| MA20: | 124.31 | |
| MA50: | 128.34 | |
| MA100: | 131.89 | |
| MAexp7: | 120.07 | |
| MAexp20: | 123.19 | |
| MAexp50: | 127.39 | |
| MAexp100: | 130.48 | |
| Price / MA7: | +2.50% | |
| Price / MA20: | -1.97% | |
| Price / MA50: | -5.05% | |
| Price / MA100: | -7.60% | |
| Price / MAexp7: | +1.49% | |
| Price / MAexp20: | -1.08% | |
| Price / MAexp50: | -4.34% | |
| Price / MAexp100: | -6.61% |
News
The latest news and videos published on JAZZ PHARMACEUTICALS PLC at the time of the analysis were as follows:
- Jazz Pharmaceuticals Announces First Patient Enrolled in Phase 2 Clinical Trial Evaluating Defibrotide for the Prevention of CAR-T Associated Neurotoxicity
- Jazz Pharmaceuticals Survey Highlights Prevalence of Misinformation and Misperception About Narcolepsy Among Americans
- Jazz Pharmaceuticals Presents Positive JZP-258 Phase 3 Study Data at World Sleep 2019
- Jazz Pharmaceuticals Announces Webcast for World Sleep Congress Investor Update
- Jazz Pharmaceuticals Announces Participation in Two Upcoming Investor Conferences
This member declared not having a position on this financial instrument or a related financial instrument.
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