CAE INC. - Daily - Technical analysis published on 09/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 24.37 USD
My targets
27.91 USD (+8.56%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade CAE INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 24.37 USD. The buyers” bullish objective is set at 27.91 USD. A bullish break in this resistance would boost the bullish momentum. If there is a bearish break in the support located at 24.37 USD some indecision would arise.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
3.4
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.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAE INC. rating is 25.71 USD. On the day, this instrument gained +1.66% with the lowest point at 25.29 USD and the highest point at 25.81 USD. The deviation from the price is +1.66% for the low point and -0.39% for the high point.25.29
25.81
25.71
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CAE INC. in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
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 2
Type : Neutral
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 21.47 | 23.13 | 24.37 | 25.71 | 27.91 |
| Change (%) | -16.49% | -10.04% | -5.21% | - | +8.56% |
| Change | -4.24 | -2.58 | -1.34 | - | +2.20 |
| Level | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 24.79 | 24.98 | 25.14 | 25.33 | 25.49 | 25.68 | 25.84 |
| Camarilla | 25.19 | 25.23 | 25.26 | 25.29 | 25.32 | 25.35 | 25.39 |
| Woodie | 24.77 | 24.97 | 25.12 | 25.32 | 25.47 | 25.67 | 25.82 |
| Fibonacci | 24.98 | 25.12 | 25.20 | 25.33 | 25.47 | 25.55 | 25.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.84 | 24.32 | 24.73 | 25.21 | 25.62 | 26.10 | 26.51 |
| Camarilla | 24.90 | 24.98 | 25.06 | 25.14 | 25.22 | 25.30 | 25.39 |
| Woodie | 23.81 | 24.30 | 24.70 | 25.19 | 25.59 | 26.08 | 26.48 |
| Fibonacci | 24.32 | 24.66 | 24.87 | 25.21 | 25.55 | 25.76 | 26.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.24 | 21.13 | 23.61 | 25.50 | 27.98 | 29.87 | 32.34 |
| Camarilla | 24.88 | 25.28 | 25.68 | 26.08 | 26.48 | 26.88 | 27.28 |
| Woodie | 19.52 | 21.28 | 23.89 | 25.65 | 28.26 | 30.02 | 32.63 |
| Fibonacci | 21.13 | 22.80 | 23.84 | 25.50 | 27.17 | 28.20 | 29.87 |
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): | 50.97 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | -4.78 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 25.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.03 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 26.64 | |
| Zig ZAG (10): | 25.60 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 49.36 | |
| TEMA (21): | 25.33 | |
| Williams %R (14): | -37.53 | |
| Chande Momentum Oscillator (20): | 0.46 | |
| Repulse (5,40,3): | 1.4200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 0.01 |
| MA7: | 25.43 | |
| MA20: | 25.37 | |
| MA50: | 25.97 | |
| MA100: | 25.88 | |
| MAexp7: | 25.42 | |
| MAexp20: | 25.44 | |
| MAexp50: | 25.68 | |
| MAexp100: | 25.27 | |
| Price / MA7: | +1.10% | |
| Price / MA20: | +1.34% | |
| Price / MA50: | -1.00% | |
| Price / MA100: | -0.66% | |
| Price / MAexp7: | +1.14% | |
| Price / MAexp20: | +1.06% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +1.74% |
This member declared not having a position on this financial instrument or a related financial instrument.
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