VIRGIN GALACTIC HLD. - Daily - Technical analysis published on 07/17/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 20.18 USD
My targets
23.11 USD (+9.70%)
24.73 USD (+17.38%)
My analysis
VIRGIN GALACTIC HLD. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 20.18 USD. The next resistance located at 23.11 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 24.73 USD. After this resistance, buyers could then target 37.35 USD.
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
7.1
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This analysis was given by ALBAYANTRADERS. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VIRGIN GALACTIC HLD. rating 21.07 USD. The price has increased by +13.59% since the last closing and was between 19.07 USD and 22.20 USD. This implies that the price is at +10.49% from its lowest and at -5.09% from its highest.19.07
22.20
21.07
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of VIRGIN GALACTIC HLD. indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
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
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 14.46 | 17.25 | 20.18 | 21.07 | 37.35 |
| Change (%) | -31.37% | -18.13% | -4.22% | - | +77.27% |
| Change | -6.61 | -3.82 | -0.89 | - | +16.28 |
| Level | Intermediate | Major | Major | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.95 | 17.50 | 18.03 | 18.58 | 19.11 | 19.66 | 20.19 |
| Camarilla | 18.25 | 18.35 | 18.45 | 18.55 | 18.65 | 18.75 | 18.85 |
| Woodie | 16.93 | 17.50 | 18.01 | 18.58 | 19.09 | 19.66 | 20.17 |
| Fibonacci | 17.50 | 17.92 | 18.17 | 18.58 | 19.00 | 19.25 | 19.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.94 | 14.50 | 16.87 | 18.43 | 20.80 | 22.36 | 24.73 |
| Camarilla | 18.17 | 18.53 | 18.89 | 19.25 | 19.61 | 19.97 | 20.33 |
| Woodie | 13.36 | 14.70 | 17.29 | 18.63 | 21.22 | 22.56 | 25.15 |
| Fibonacci | 14.50 | 16.00 | 16.93 | 18.43 | 19.93 | 20.86 | 22.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.64 | 11.93 | 14.13 | 16.42 | 18.62 | 20.91 | 23.11 |
| Camarilla | 15.11 | 15.52 | 15.93 | 16.34 | 16.75 | 17.16 | 17.58 |
| Woodie | 9.61 | 11.91 | 14.10 | 16.40 | 18.59 | 20.89 | 23.08 |
| Fibonacci | 11.93 | 13.64 | 14.70 | 16.42 | 18.13 | 19.19 | 20.91 |
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): | 68.12 | |
| MACD (12,26,9): | 0.8700 | |
| Directional Movement: | 30.66 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 18.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.31 | |
| Elder Ray (13): | 2.58 | |
| Super Trend (3,10): | 15.61 | |
| Zig ZAG (10): | 21.07 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 68.72 | |
| TEMA (21): | 19.32 | |
| Williams %R (14): | -14.97 | |
| Chande Momentum Oscillator (20): | 5.65 | |
| Repulse (5,40,3): | 7.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3800 | |
| Courbe Coppock: | 38.76 |
| MA7: | 18.81 | |
| MA20: | 17.01 | |
| MA50: | 16.70 | |
| MA100: | 17.10 | |
| MAexp7: | 18.85 | |
| MAexp20: | 17.54 | |
| MAexp50: | 16.96 | |
| MAexp100: | 16.68 | |
| Price / MA7: | +12.01% | |
| Price / MA20: | +23.87% | |
| Price / MA50: | +26.17% | |
| Price / MA100: | +23.22% | |
| Price / MAexp7: | +11.78% | |
| Price / MAexp20: | +20.13% | |
| Price / MAexp50: | +24.23% | |
| Price / MAexp100: | +26.32% |
Quotes :
2020-07-16 19:59:59
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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