CENTRAL PACIFIC FIN. CORP NEW - Daily - Technical analysis published on 01/31/2020 (GMT)
- 268
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 28.84 USD
My targets
27.79 USD (-2.08%)
27.33 USD (-3.70%)
My analysis
In the short term, we can see an acceleration in the bearish trend on CENTRAL PACIFIC FIN. CORP NEW, which is a positive signal for sellers. As long as the price remains above 28.84 USD, a sale could be considered. The first bearish objective is located at 27.79 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 27.33 USD as an objective. Crossing it would then enable sellers to target 25.88 USD. If the price were to return above 28.84 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.6
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
CENTRAL PACIFIC FIN. CORP NEW rating 28.38 USD. The price registered an increase of +0.71% on the session and was traded between 27.81 USD and 28.48 USD over the period. The price is currently at +2.05% from its lowest and -0.35% from its highest.27.81
28.48
28.38
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CENTRAL PACIFIC FIN. CORP NEW:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CENTRAL PACIFIC FIN. CORP NEW 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.
On the 18 technical indicators analysed, 6 are bullish, 4 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
Long white line
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.33 | 27.79 | 28.12 | 28.38 | 28.45 | 28.84 | 29.89 |
| Change (%) | -3.70% | -2.08% | -0.92% | - | +0.25% | +1.62% | +5.32% |
| Change | -1.05 | -0.59 | -0.26 | - | +0.07 | +0.46 | +1.51 |
| Level | Major | Major | Major | - | Minor | Minor | 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 | 25.83 | 26.62 | 27.40 | 28.19 | 28.97 | 29.76 | 30.54 |
| Camarilla | 27.75 | 27.89 | 28.04 | 28.18 | 28.32 | 28.47 | 28.61 |
| Woodie | 25.83 | 26.62 | 27.40 | 28.19 | 28.97 | 29.76 | 30.54 |
| Fibonacci | 26.62 | 27.22 | 27.59 | 28.19 | 28.79 | 29.16 | 29.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.10 | 27.61 | 27.98 | 28.49 | 28.87 | 29.38 | 29.75 |
| Camarilla | 28.12 | 28.20 | 28.28 | 28.36 | 28.44 | 28.52 | 28.60 |
| Woodie | 27.03 | 27.57 | 27.92 | 28.46 | 28.80 | 29.34 | 29.69 |
| Fibonacci | 27.61 | 27.95 | 28.15 | 28.49 | 28.83 | 29.04 | 29.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.56 | 27.55 | 28.57 | 29.56 | 30.58 | 31.57 | 32.59 |
| Camarilla | 29.03 | 29.21 | 29.40 | 29.58 | 29.76 | 29.95 | 30.13 |
| Woodie | 26.57 | 27.56 | 28.58 | 29.57 | 30.59 | 31.58 | 32.60 |
| Fibonacci | 27.55 | 28.32 | 28.80 | 29.56 | 30.33 | 30.81 | 31.57 |
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): | 40.52 | |
| MACD (12,26,9): | -0.3100 | |
| Directional Movement: | -2.24 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 28.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.41 | |
| Elder Ray (13): | -0.39 | |
| Super Trend (3,10): | 29.03 | |
| Zig ZAG (10): | 28.38 | |
| VORTEX (21): | 0.7500 | |
| Stochastique (14,3,5): | 36.38 | |
| TEMA (21): | 28.09 | |
| Williams %R (14): | -44.57 | |
| Chande Momentum Oscillator (20): | -0.52 | |
| Repulse (5,40,3): | 2.4500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 5.08 |
| MA7: | 28.32 | |
| MA20: | 28.75 | |
| MA50: | 29.16 | |
| MA100: | 28.92 | |
| MAexp7: | 28.34 | |
| MAexp20: | 28.70 | |
| MAexp50: | 28.96 | |
| MAexp100: | 28.89 | |
| Price / MA7: | +0.21% | |
| Price / MA20: | -1.29% | |
| Price / MA50: | -2.67% | |
| Price / MA100: | -1.87% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | -1.11% | |
| Price / MAexp50: | -2.00% | |
| Price / MAexp100: | -1.77% |
News
The latest news and videos published on CENTRAL PACIFIC FIN. CORP NEW at the time of the analysis were as follows:
- Central Pacific Financial Corp. Reports $15.2 Million Third Quarter Earnings
- Central Pacific Financial Corp. Announces Conference Call To Discuss Third Quarter 2018 Financial Results
- Central Pacific Financial Corp. Appoints Paul K. Yonamine Chairman And CEO
- Central Pacific Financial Corp. Reports $14.2 Million Second Quarter Earnings
- Central Pacific Financial Corp. Announces Conference Call To Discuss Second Quarter 2018 Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CENTRAL PACIFIC FIN. CORP NEW - Daily