AFFILIATED MANAGERS GROUP INC. - Daily - Technical analysis published on 11/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 83.85 USD
My targets
89.63 USD (+3.00%)
99.16 USD (+13.95%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AFFILIATED MANAGERS GROUP INC.. This is a positive signal for buyers. As long as the price remains above 83.85 USD, a purchase could be considered. The first bullish objective is located at 89.63 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 99.16 USD as an objective. Crossing it would then enable buyers to target 103.62 USD. In the event of a return below 83.85 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.7
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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
AFFILIATED MANAGERS GROUP INC. rating 87.02 USD. The price registered an increase of +0.18% on the session and was between 85.89 USD and 87.36 USD. This implies that the price is at +1.32% from its lowest and at -0.39% from its highest.85.89
87.36
87.02
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 (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AFFILIATED MANAGERS GROUP INC. in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : Daily
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
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 over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
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 | 71.80 | 79.88 | 83.85 | 87.02 | 89.63 | 99.16 | 103.62 |
| Change (%) | -17.49% | -8.21% | -3.64% | - | +3.00% | +13.95% | +19.08% |
| Change | -15.22 | -7.14 | -3.17 | - | +2.61 | +12.14 | +16.60 |
| Level | Major | Minor | Intermediate | - | Major | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 84.83 | 85.36 | 86.11 | 86.64 | 87.39 | 87.92 | 88.67 |
| Camarilla | 86.51 | 86.63 | 86.74 | 86.86 | 86.98 | 87.10 | 87.21 |
| Woodie | 84.94 | 85.42 | 86.22 | 86.70 | 87.50 | 87.98 | 88.78 |
| Fibonacci | 85.36 | 85.85 | 86.15 | 86.64 | 87.13 | 87.43 | 87.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.75 | 80.82 | 83.68 | 85.75 | 88.61 | 90.69 | 93.55 |
| Camarilla | 85.19 | 85.64 | 86.09 | 86.54 | 86.99 | 87.45 | 87.90 |
| Woodie | 79.14 | 81.02 | 84.08 | 85.95 | 89.01 | 90.88 | 93.94 |
| Fibonacci | 80.82 | 82.71 | 83.87 | 85.75 | 87.64 | 88.80 | 90.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.15 | 64.99 | 72.29 | 78.12 | 85.42 | 91.26 | 98.56 |
| Camarilla | 75.97 | 77.18 | 78.38 | 79.59 | 80.79 | 82.00 | 83.20 |
| Woodie | 59.88 | 65.35 | 73.02 | 78.49 | 86.16 | 91.63 | 99.29 |
| Fibonacci | 64.99 | 70.01 | 73.11 | 78.12 | 83.14 | 86.24 | 91.26 |
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): | 65.95 | |
| MACD (12,26,9): | 2.3700 | |
| Directional Movement: | 21.71 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 84.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 84.24 | |
| Elder Ray (13): | 3.07 | |
| Super Trend (3,10): | 79.86 | |
| Zig ZAG (10): | 87.02 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 91.36 | |
| TEMA (21): | 87.12 | |
| Williams %R (14): | -8.56 | |
| Chande Momentum Oscillator (20): | 10.40 | |
| Repulse (5,40,3): | 1.7400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 27.08 |
| MA7: | 85.88 | |
| MA20: | 80.35 | |
| MA50: | 80.56 | |
| MA100: | 82.09 | |
| MAexp7: | 85.53 | |
| MAexp20: | 82.14 | |
| MAexp50: | 80.94 | |
| MAexp100: | 83.30 | |
| Price / MA7: | +1.33% | |
| Price / MA20: | +8.30% | |
| Price / MA50: | +8.02% | |
| Price / MA100: | +6.01% | |
| Price / MAexp7: | +1.74% | |
| Price / MAexp20: | +5.94% | |
| Price / MAexp50: | +7.51% | |
| Price / MAexp100: | +4.47% |
News
The latest news and videos published on AFFILIATED MANAGERS GROUP INC. at the time of the analysis were as follows:
Affiliated Managers GroupThis member declared not having a position on this financial instrument or a related financial instrument.
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