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COMPASS MINERALS INTL INC
COMPASS MINERALS INTL INC
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CMP
ISIN:

COMPASS MINERALS INTL INC - Daily - Technical analysis published on 12/04/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 53.54 USD
My targets
56.47 USD (+2.50%)
57.51 USD (+4.39%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on COMPASS MINERALS INTL INC as long as the price remains well above 53.54 USD. The buyers” bullish objective is set at 56.47 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 57.51 USD. If there is any crossing, the next objective would be the resistance located at 58.58 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.2

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The COMPASS MINERALS INTL INC price is 55.09 USD. The price has increased by +1.70% since the last closing and was between 54.56 USD and 55.35 USD. This implies that the price is at +0.97% from its lowest and at -0.47% from its highest.

54.56
55.35
55.09

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of COMPASS MINERALS INTL INC indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : Daily


Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 52.18 53.54 54.75 55.09 56.47 57.51 58.58
Change (%) -5.28% -2.81% -0.62% - +2.50% +4.39% +6.34%
Change -2.91 -1.55 -0.34 - +1.38 +2.42 +3.49
Level Intermediate Major Major - Minor Major Major



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
Standard51.7352.4053.2953.9654.8555.5256.41
Camarilla53.7453.8854.0354.1754.3154.4654.60
Woodie51.8352.4653.3954.0254.9555.5856.51
Fibonacci52.4053.0053.3753.9654.5654.9355.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50.8252.0653.3154.5555.7957.0458.28
Camarilla53.8654.0954.3254.5554.7755.0055.23
Woodie50.8152.0653.3054.5555.7957.0458.28
Fibonacci52.0653.0253.6054.5555.5056.0957.04


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.6749.2352.2455.8158.8262.3865.39
Camarilla53.4454.0554.6555.2555.8556.4657.06
Woodie45.3949.0951.9655.6758.5462.2465.11
Fibonacci49.2351.7453.3055.8158.3259.8762.38

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): 50.20
MACD (12,26,9): -0.2200
Directional Movement: -2.71
AROON (14): 42.85
DEMA (21): 54.76
Parabolic SAR (0,02-0,02-0,2): 57.37
Elder Ray (13): 0.05
Super Trend (3,10): 53.34
Zig ZAG (10): 55.16
VORTEX (21): 0.9100
Stochastique (14,3,5): 52.99
TEMA (21): 54.45
Williams %R (14): -29.44
Chande Momentum Oscillator (20): 0.23
Repulse (5,40,3): 1.4700
ROCnROLL: 1
TRIX (15,9): -0.0700
Courbe Coppock: 3.22
MA7: 54.89
MA20: 54.94
MA50: 55.36
MA100: 53.81
MAexp7: 54.86
MAexp20: 55.04
MAexp50: 54.95
MAexp100: 54.19
Price / MA7: +0.36%
Price / MA20: +0.27%
Price / MA50: -0.49%
Price / MA100: +2.38%
Price / MAexp7: +0.42%
Price / MAexp20: +0.09%
Price / MAexp50: +0.25%
Price / MAexp100: +1.66%

News


The last news published on COMPASS MINERALS INTL INC at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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