CORE LABORATORIES INC.
CORE LABORATORIES INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CLB
ISIN: NL0000200384

CORE LABORATORIES 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: Bearish
De fond: Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 47.76 USD
My targets
40.36 USD (-9.93%)
36.81 USD (-17.85%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on CORE LABORATORIES N.V. as long as the price remains well below 47.76 USD. The next bearish objective for sellers is set at 40.36 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 36.81 USD. If there is any crossing, the next objective would be the support located at 25.79 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
3.8

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:
15 min. 1H Weekly

Additional analysis

Quotes

The CORE LABORATORIES N.V. rating is 44.81 USD. The price registered an increase of +3.80% on the session and was traded between 43.51 USD and 44.96 USD over the period. The price is currently at +2.99% from its lowest and -0.33% from its highest.

43.51
44.96
44.81

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 CORE LABORATORIES N.V. indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

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 3

Type : Neutral

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of triangle is broken

Type : Bearish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 25.79 36.81 40.36 44.81 47.76 57.26 66.59
Change (%) -42.45% -17.85% -9.93% - +6.58% +27.78% +48.61%
Change -19.02 -8.00 -4.45 - +2.95 +12.45 +21.78
Level Intermediate Major Intermediate - Intermediate Major Minor



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
Standard41.7742.0942.6342.9643.5043.8244.36
Camarilla42.9343.0143.0943.1743.2543.3343.41
Woodie41.8742.1542.7443.0143.6043.8844.47
Fibonacci42.0942.4242.6342.9643.2943.4943.82


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.3841.4042.6244.6445.8647.8849.10
Camarilla42.9643.2643.5543.8544.1544.4444.74
Woodie38.9941.2042.2344.4445.4747.6848.71
Fibonacci41.4042.6343.4044.6445.8746.6447.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.9639.6841.7745.4947.5851.3053.39
Camarilla42.2542.7943.3243.8544.3844.9245.45
Woodie35.1439.2740.9545.0846.7650.8952.57
Fibonacci39.6841.9043.2745.4947.7149.0851.30

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): 48.61
MACD (12,26,9): -0.3000
Directional Movement: -1.52
AROON (14): -78.57
DEMA (21): 44.88
Parabolic SAR (0,02-0,02-0,2): 46.87
Elder Ray (13): -0.65
Super Trend (3,10): 41.99
Zig ZAG (10): 44.78
VORTEX (21): 0.8400
Stochastique (14,3,5): 25.11
TEMA (21): 44.31
Williams %R (14): -50.00
Chande Momentum Oscillator (20): -1.76
Repulse (5,40,3): 2.3600
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 10.25
MA7: 44.57
MA20: 45.72
MA50: 44.73
MA100: 44.66
MAexp7: 44.46
MAexp20: 45.09
MAexp50: 45.12
MAexp100: 46.45
Price / MA7: +0.54%
Price / MA20: -1.99%
Price / MA50: +0.18%
Price / MA100: +0.34%
Price / MAexp7: +0.79%
Price / MAexp20: -0.62%
Price / MAexp50: -0.69%
Price / MAexp100: -3.53%

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

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