WALGREENS BOOTS ALLIANCE INC. - Daily - Technical analysis published on 10/07/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
11%
56%
33%
My opinion
Neutral between 52.81 USD and 55.16 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 52.81 USD. The first resistance is located at 55.16 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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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 WALGREENS BOOTS ALLIANCE INC. price is 52.97 USD. The price has increased by +0.70% since the last closing and was traded between 52.06 USD and 53.06 USD over the period. The price is currently at +1.75% from its lowest and -0.17% from its highest.52.06
53.06
52.97
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of WALGREENS BOOTS ALLIANCE INC. in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
In fact, 10 technical indicators on 18 studied are currently positioned bearish. 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 : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 49.33 | 52.81 | 52.97 | 55.16 | 59.71 | 65.26 |
| Change (%) | -6.87% | -0.30% | - | +4.13% | +12.72% | +23.20% |
| Change | -3.64 | -0.16 | - | +2.19 | +6.74 | +12.29 |
| Level | Major | Intermediate | - | Intermediate | Minor | 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 | 50.29 | 50.93 | 51.77 | 52.41 | 53.24 | 53.88 | 54.72 |
| Camarilla | 52.19 | 52.33 | 52.47 | 52.60 | 52.74 | 52.87 | 53.01 |
| Woodie | 50.39 | 50.98 | 51.86 | 52.45 | 53.34 | 53.93 | 54.81 |
| Fibonacci | 50.93 | 51.49 | 51.84 | 52.41 | 52.97 | 53.32 | 53.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.54 | 52.38 | 53.40 | 54.24 | 55.26 | 56.11 | 57.12 |
| Camarilla | 53.90 | 54.07 | 54.24 | 54.41 | 54.58 | 54.75 | 54.92 |
| Woodie | 51.62 | 52.42 | 53.48 | 54.29 | 55.34 | 56.15 | 57.20 |
| Fibonacci | 52.38 | 53.09 | 53.53 | 54.24 | 54.96 | 55.39 | 56.11 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.81 | 46.43 | 50.87 | 54.48 | 58.92 | 62.54 | 66.98 |
| Camarilla | 53.10 | 53.83 | 54.57 | 55.31 | 56.05 | 56.79 | 57.53 |
| Woodie | 43.23 | 46.63 | 51.28 | 54.69 | 59.34 | 62.74 | 67.39 |
| Fibonacci | 46.43 | 49.50 | 51.41 | 54.48 | 57.56 | 59.46 | 62.54 |
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): | 46.23 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | -5.30 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 54.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 56.30 | |
| Elder Ray (13): | -1.30 | |
| Super Trend (3,10): | 56.48 | |
| Zig ZAG (10): | 52.97 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 19.43 | |
| TEMA (21): | 53.94 | |
| Williams %R (14): | -67.96 | |
| Chande Momentum Oscillator (20): | -1.44 | |
| Repulse (5,40,3): | -0.5000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 5.88 |
| MA7: | 53.84 | |
| MA20: | 54.77 | |
| MA50: | 52.86 | |
| MA100: | 52.80 | |
| MAexp7: | 53.58 | |
| MAexp20: | 53.82 | |
| MAexp50: | 53.44 | |
| MAexp100: | 54.21 | |
| Price / MA7: | -1.62% | |
| Price / MA20: | -3.29% | |
| Price / MA50: | +0.21% | |
| Price / MA100: | +0.32% | |
| Price / MAexp7: | -1.14% | |
| Price / MAexp20: | -1.58% | |
| Price / MAexp50: | -0.88% | |
| Price / MAexp100: | -2.29% |
News
The latest news and videos published on WALGREENS BOOTS ALLIANCE INC. at the time of the analysis were as follows:
- Report: Exploring Fundamental Drivers Behind J.B. Hunt Transport Services, Kura Oncology, National Beverage, Benefitfocus, PTC Therapeutics, and Walgreens Boots Alliance — New Horizons, Emerging Trends, and Upcoming Developments
- Report: Exploring Fundamental Drivers Behind Q2, Badger Meter, Tiffany, Walgreens Boots Alliance, Intrexon, and Denali Therapeutics — New Horizons, Emerging Trends, and Upcoming Developments
- Market Trends Toward New Normal in First Horizon National, Valero Energy, Great Southern, Parsley Energy, Walgreens Boots Alliance, and Intel — Emerging Consolidated Expectations, Analyst Ratings
- Walgreens Boots Alliance Set to Join Dow Jones Industrial Average
- Express Scripts and Walgreens Boots Alliance Expand Group Purchasing Efforts to Include Specialty Brand Medications
This member declared not having a position on this financial instrument or a related financial instrument.
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