NAVIENT CORP. - Daily - Technical analysis published on 07/24/2019 (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
56%
17%
28%
My opinion
Bullish above 12.81 USD
My targets
13.94 USD (+1.75%)
14.91 USD (+8.83%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NAVIENT CORP. as long as the price remains well above 12.81 USD. The buyers” bullish objective is set at 13.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.91 USD. If there is any crossing, the next objective would be the resistance located at 16.81 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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:
Additional analysis
Quotes
The NAVIENT CORP. price is 13.70 USD. On the day, this instrument gained +1.94% and was between 13.43 USD and 13.76 USD. This implies that the price is at +2.01% from its lowest and at -0.44% from its highest.13.43
13.76
13.70
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NAVIENT CORP. in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.73 | 11.63 | 12.81 | 13.70 | 13.94 | 14.91 | 16.81 |
| Change (%) | -21.68% | -15.11% | -6.50% | - | +1.75% | +8.83% | +22.70% |
| Change | -2.97 | -2.07 | -0.89 | - | +0.24 | +1.21 | +3.11 |
| Level | Minor | Intermediate | Major | - | Major | Minor | 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 | 13.03 | 13.23 | 13.33 | 13.53 | 13.63 | 13.83 | 13.93 |
| Camarilla | 13.36 | 13.39 | 13.41 | 13.44 | 13.47 | 13.50 | 13.52 |
| Woodie | 12.99 | 13.21 | 13.29 | 13.51 | 13.59 | 13.81 | 13.89 |
| Fibonacci | 13.23 | 13.34 | 13.41 | 13.53 | 13.64 | 13.71 | 13.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.81 | 13.08 | 13.31 | 13.58 | 13.81 | 14.08 | 14.31 |
| Camarilla | 13.41 | 13.46 | 13.50 | 13.55 | 13.60 | 13.64 | 13.69 |
| Woodie | 12.80 | 13.07 | 13.30 | 13.57 | 13.80 | 14.07 | 14.30 |
| Fibonacci | 13.08 | 13.27 | 13.39 | 13.58 | 13.77 | 13.89 | 14.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.10 | 12.42 | 13.04 | 13.36 | 13.98 | 14.30 | 14.92 |
| Camarilla | 13.39 | 13.48 | 13.56 | 13.65 | 13.74 | 13.82 | 13.91 |
| Woodie | 12.24 | 12.50 | 13.18 | 13.44 | 14.12 | 14.38 | 15.06 |
| Fibonacci | 12.42 | 12.78 | 13.00 | 13.36 | 13.72 | 13.94 | 14.30 |
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): | 55.31 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 7.18 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 13.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.13 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 13.01 | |
| Zig ZAG (10): | 13.70 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 39.30 | |
| TEMA (21): | 13.60 | |
| Williams %R (14): | -46.32 | |
| Chande Momentum Oscillator (20): | -0.40 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 0.42 |
| MA7: | 13.55 | |
| MA20: | 13.51 | |
| MA50: | 13.36 | |
| MA100: | 12.87 | |
| MAexp7: | 13.57 | |
| MAexp20: | 13.50 | |
| MAexp50: | 13.31 | |
| MAexp100: | 12.95 | |
| Price / MA7: | +1.11% | |
| Price / MA20: | +1.41% | |
| Price / MA50: | +2.54% | |
| Price / MA100: | +6.45% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +1.48% | |
| Price / MAexp50: | +2.93% | |
| Price / MAexp100: | +5.79% |
News
Don"t forget to follow the news on NAVIENT CORP.. At the time of publication of this analysis, the latest news was as follows:
- NAVIENT INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Navient Corporation - NAVI
-
Navient
- Navient CEO to present at 2017 Credit Suisse Financial Services Forum
- Navient posts fourth quarter and full-year 2016 financial results
- Moore Kuehn, PLLC Announces an Investigation Involving Possible Consumer Fraud by Navient Corp. and Breaches of Fiduciary Duties by Officers and Directors
This member declared not having a position on this financial instrument or a related financial instrument.
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