CONSTELLATION BRANDS INC. - Daily - Technical analysis published on 06/28/2019 (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
33%
17%
50%
My opinion
Neutral between 181.97 USD and 194.96 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 181.97 USD. The first resistance is located at 194.96 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.
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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 CONSTELLATION BRANDS INC. price is 188.21 USD. The price registered an increase of +1.72% on the session and was traded between 183.76 USD and 189.08 USD over the period. The price is currently at +2.42% from its lowest and -0.46% from its highest.183.76
189.08
188.21
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CONSTELLATION BRANDS INC. in Daily shows an overall slightly bearish trend. 46.43% 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 several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
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 : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 164.95 | 171.24 | 181.97 | 188.21 | 194.96 | 201.23 | 208.73 |
| Change (%) | -12.36% | -9.02% | -3.32% | - | +3.59% | +6.92% | +10.90% |
| Change | -23.26 | -16.97 | -6.24 | - | +6.75 | +13.02 | +20.52 |
| Level | Major | Major | Intermediate | - | Major | 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 | 182.45 | 183.25 | 184.14 | 184.94 | 185.83 | 186.63 | 187.52 |
| Camarilla | 184.56 | 184.71 | 184.87 | 185.02 | 185.17 | 185.33 | 185.48 |
| Woodie | 182.49 | 183.27 | 184.18 | 184.96 | 185.87 | 186.65 | 187.55 |
| Fibonacci | 183.25 | 183.90 | 184.30 | 184.94 | 185.59 | 185.99 | 186.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 173.21 | 177.25 | 180.49 | 184.53 | 187.77 | 191.81 | 195.05 |
| Camarilla | 181.73 | 182.40 | 183.06 | 183.73 | 184.40 | 185.06 | 185.73 |
| Woodie | 172.81 | 177.05 | 180.09 | 184.33 | 187.37 | 191.61 | 194.65 |
| Fibonacci | 177.25 | 180.03 | 181.75 | 184.53 | 187.31 | 189.03 | 191.81 |
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): | 49.17 | |
| MACD (12,26,9): | -2.6900 | |
| Directional Movement: | -4.71 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 183.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 190.57 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 177.44 | |
| Zig ZAG (10): | 188.21 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 32.52 | |
| TEMA (21): | 182.50 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -6.75 | |
| Repulse (5,40,3): | 2.2900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2600 | |
| Courbe Coppock: | 1.83 |
| MA7: | 184.60 | |
| MA20: | 185.61 | |
| MA50: | 196.75 | |
| MA100: | 185.32 | |
| MAexp7: | 185.43 | |
| MAexp20: | 187.55 | |
| MAexp50: | 189.93 | |
| MAexp100: | 188.69 | |
| Price / MA7: | +1.96% | |
| Price / MA20: | +1.40% | |
| Price / MA50: | -4.34% | |
| Price / MA100: | +1.56% | |
| Price / MAexp7: | +1.50% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | -0.91% | |
| Price / MAexp100: | -0.25% |
News
The latest news and videos published on CONSTELLATION BRANDS INC. at the time of the analysis were as follows:
- CAKE Announces Acquisition by Constellation Software Inc.
- Constellation Alpha Capital Corp. to Merge with DermTech, Inc., a leading innovator of genomics for dermatology and non-invasive skin cancer diagnosis
- Constellation Alpha Capital Corp. Signs Letter of Intent to Acquire DermTech, Inc., a leading innovator of genomics for dermatology and non-invasive skin cancer diagnosis
- Paycor Named to Constellation ShortList™ for Payroll for North American Small- and Medium-sized Businesses
- 2Operate and GomSpace to Boost Constellation Management With Artificial Intelligence
This member declared not having a position on this financial instrument or a related financial instrument.
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