CELESTICA INC. - Daily - Technical analysis published on 03/05/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 6.83 USD
My targets
6.48 USD (-2.11%)
6.16 USD (-6.95%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CELESTICA INC. as long as the price remains well below 6.83 USD. The sellers” bearish objective is set at 6.48 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.16 USD. In case of crossing, the next objective would be the support located at 2.59 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.2
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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 CELESTICA INC. rating is 6.62 USD. The price has increased by +2.32% since the last closing with the lowest point at 6.41 USD and the highest point at 6.63 USD. The deviation from the price is +3.28% for the low point and -0.15% for the high point.6.41
6.63
6.62
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
Here is a more detailed summary of the historical variations registered by CELESTICA INC.:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CELESTICA INC. in Daily shows an overall bearish trend. 75% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 3 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.59 | 6.16 | 6.48 | 6.62 | 6.83 | 7.41 | 8.02 |
| Change (%) | -60.88% | -6.95% | -2.11% | - | +3.17% | +11.93% | +21.15% |
| Change | -4.03 | -0.46 | -0.14 | - | +0.21 | +0.79 | +1.40 |
| Level | Intermediate | Major | Major | - | Minor | Intermediate | Major |
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 | 6.06 | 6.21 | 6.34 | 6.49 | 6.62 | 6.77 | 6.90 |
| Camarilla | 6.39 | 6.42 | 6.44 | 6.47 | 6.50 | 6.52 | 6.55 |
| Woodie | 6.05 | 6.21 | 6.33 | 6.49 | 6.61 | 6.77 | 6.89 |
| Fibonacci | 6.21 | 6.32 | 6.38 | 6.49 | 6.60 | 6.66 | 6.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.44 | 5.27 | 5.79 | 6.62 | 7.14 | 7.97 | 8.49 |
| Camarilla | 5.95 | 6.07 | 6.20 | 6.32 | 6.44 | 6.57 | 6.69 |
| Woodie | 4.30 | 5.19 | 5.65 | 6.54 | 7.00 | 7.89 | 8.35 |
| Fibonacci | 5.27 | 5.78 | 6.10 | 6.62 | 7.13 | 7.45 | 7.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.16 | 4.13 | 5.22 | 7.19 | 8.28 | 10.25 | 11.34 |
| Camarilla | 5.48 | 5.76 | 6.04 | 6.32 | 6.60 | 6.88 | 7.16 |
| Woodie | 1.73 | 3.91 | 4.79 | 6.97 | 7.85 | 10.03 | 10.91 |
| Fibonacci | 4.13 | 5.30 | 6.02 | 7.19 | 8.36 | 9.08 | 10.25 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 27.76 | |
| MACD (12,26,9): | -0.5400 | |
| Directional Movement: | -31.12 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 6.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.87 | |
| Elder Ray (13): | -0.55 | |
| Super Trend (3,10): | 7.11 | |
| Zig ZAG (10): | 6.62 | |
| VORTEX (21): | 0.6200 | |
| Stochastique (14,3,5): | 17.83 | |
| TEMA (21): | 6.32 | |
| Williams %R (14): | -76.55 | |
| Chande Momentum Oscillator (20): | -1.43 | |
| Repulse (5,40,3): | 2.7400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7100 | |
| Courbe Coppock: | 39.94 |
| MA7: | 6.62 | |
| MA20: | 7.58 | |
| MA50: | 8.17 | |
| MA100: | 7.81 | |
| MAexp7: | 6.72 | |
| MAexp20: | 7.37 | |
| MAexp50: | 7.82 | |
| MAexp100: | 7.79 | |
| Price / MA7: | -0% | |
| Price / MA20: | -12.66% | |
| Price / MA50: | -18.97% | |
| Price / MA100: | -15.24% | |
| Price / MAexp7: | -1.49% | |
| Price / MAexp20: | -10.18% | |
| Price / MAexp50: | -15.35% | |
| Price / MAexp100: | -15.02% |
News
The last news published on CELESTICA INC. at the time of the generation of this analysis was as follows:
CelesticaThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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