MARCUS CORP. - Daily - Technical analysis published on 01/16/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 33.69 USD
My targets
28.75 USD (-7.43%)
26.40 USD (-15.00%)
My analysis
The bearish trend is currently very strong for MARCUS CORP.. As long as the price remains below the resistance at 33.69 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 28.75 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 26.40 USD as an objective. Crossing it would then enable sellers to target 24.15 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.8
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:
Additional analysis
Quotes
MARCUS CORP. rating 31.06 USD. The price is lower by -0.64% since the last closing and was between 30.85 USD and 31.63 USD. This implies that the price is at +0.68% from its lowest and at -1.80% from its highest.30.85
31.63
31.06
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MARCUS CORP.:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this MARCUS CORP. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.17 | 24.15 | 26.40 | 31.06 | 31.09 | 33.69 | 34.60 |
| Change (%) | -35.06% | -22.25% | -15.00% | - | +0.10% | +8.47% | +11.40% |
| Change | -10.89 | -6.91 | -4.66 | - | +0.03 | +2.63 | +3.54 |
| Level | Minor | Major | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.50 | 29.91 | 30.59 | 31.00 | 31.68 | 32.09 | 32.77 |
| Camarilla | 30.96 | 31.06 | 31.16 | 31.26 | 31.36 | 31.46 | 31.56 |
| Woodie | 29.63 | 29.98 | 30.72 | 31.07 | 31.81 | 32.16 | 32.90 |
| Fibonacci | 29.91 | 30.33 | 30.59 | 31.00 | 31.42 | 31.68 | 32.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.15 | 29.33 | 29.99 | 31.17 | 31.83 | 33.01 | 33.67 |
| Camarilla | 30.13 | 30.30 | 30.47 | 30.64 | 30.81 | 30.98 | 31.15 |
| Woodie | 27.88 | 29.20 | 29.72 | 31.04 | 31.56 | 32.88 | 33.40 |
| Fibonacci | 29.33 | 30.04 | 30.47 | 31.17 | 31.88 | 32.31 | 33.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.75 | 30.00 | 30.88 | 32.13 | 33.01 | 34.26 | 35.14 |
| Camarilla | 31.18 | 31.38 | 31.58 | 31.77 | 31.97 | 32.16 | 32.36 |
| Woodie | 28.58 | 29.91 | 30.71 | 32.04 | 32.84 | 34.17 | 34.97 |
| Fibonacci | 30.00 | 30.81 | 31.31 | 32.13 | 32.94 | 33.44 | 34.26 |
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): | 39.95 | |
| MACD (12,26,9): | -0.4500 | |
| Directional Movement: | -8.62 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 31.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.27 | |
| Elder Ray (13): | -0.19 | |
| Super Trend (3,10): | 32.68 | |
| Zig ZAG (10): | 31.06 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 27.34 | |
| TEMA (21): | 31.01 | |
| Williams %R (14): | -68.65 | |
| Chande Momentum Oscillator (20): | -0.81 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 8.57 |
| MA7: | 31.09 | |
| MA20: | 31.93 | |
| MA50: | 32.46 | |
| MA100: | 33.79 | |
| MAexp7: | 31.16 | |
| MAexp20: | 31.66 | |
| MAexp50: | 32.47 | |
| MAexp100: | 33.36 | |
| Price / MA7: | -0.10% | |
| Price / MA20: | -2.72% | |
| Price / MA50: | -4.31% | |
| Price / MA100: | -8.08% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -1.90% | |
| Price / MAexp50: | -4.34% | |
| Price / MAexp100: | -6.89% |
News
Don"t forget to follow the news on MARCUS CORP.. At the time of publication of this analysis, the latest news was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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