RPC INC. - Daily - Technical analysis published on 01/02/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 5.11 USD
My targets
5.86 USD (+12.05%)
6.78 USD (+29.64%)
My analysis
RPC INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.11 USD. The next resistance located at 5.86 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.78 USD. After this resistance, buyers could then target 8.41 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.1
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 RPC INC. rating is 5.23 USD. On the day, this instrument lost -0.19% and was traded between 5.22 USD and 5.33 USD over the period. The price is currently at +0.19% from its lowest and -1.88% from its highest.5.22
5.33
5.23
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 RPC INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this RPC INC. chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3.92 | 5.11 | 5.23 | 6.78 | 8.41 | 10.11 |
| Change (%) | -25.05% | -2.29% | - | +29.64% | +60.80% | +93.31% |
| Change | -1.31 | -0.12 | - | +1.55 | +3.18 | +4.88 |
| Level | Major | Major | - | Minor | 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 | 4.92 | 5.01 | 5.13 | 5.17 | 5.29 | 5.36 | 5.48 |
| Camarilla | 5.18 | 5.20 | 5.22 | 5.24 | 5.26 | 5.28 | 5.30 |
| Woodie | 4.92 | 5.02 | 5.14 | 5.23 | 5.35 | 5.44 | 5.56 |
| Fibonacci | 5.01 | 5.09 | 5.14 | 5.22 | 5.30 | 5.35 | 5.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.36 | 4.54 | 4.78 | 4.97 | 5.21 | 5.39 | 5.63 |
| Camarilla | 4.90 | 4.94 | 4.98 | 5.02 | 5.06 | 5.10 | 5.14 |
| Woodie | 4.38 | 4.56 | 4.81 | 4.98 | 5.23 | 5.41 | 5.66 |
| Fibonacci | 4.54 | 4.71 | 4.81 | 4.97 | 5.13 | 5.23 | 5.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.30 | 2.92 | 4.08 | 4.70 | 5.86 | 6.48 | 7.64 |
| Camarilla | 4.75 | 4.91 | 5.08 | 5.24 | 5.40 | 5.57 | 5.73 |
| Woodie | 2.57 | 3.06 | 4.35 | 4.84 | 6.13 | 6.62 | 7.91 |
| Fibonacci | 2.67 | 3.14 | 3.43 | 4.70 | 5.38 | 5.80 | 6.48 |
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): | 68.16 | |
| MACD (12,26,9): | 0.2700 | |
| Directional Movement: | 16.79 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 5.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.96 | |
| Elder Ray (13): | 0.33 | |
| Super Trend (3,10): | 4.59 | |
| Zig ZAG (10): | 5.24 | |
| VORTEX (21): | 1.3100 | |
| Stochastique (14,3,5): | 95.05 | |
| TEMA (21): | 5.39 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.90 | |
| Repulse (5,40,3): | 3.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7700 | |
| Courbe Coppock: | 43.22 |
| MA7: | 5.13 | |
| MA20: | 4.61 | |
| MA50: | 4.36 | |
| MA100: | 4.90 | |
| MAexp7: | 5.11 | |
| MAexp20: | 4.73 | |
| MAexp50: | 4.62 | |
| MAexp100: | 5.11 | |
| Price / MA7: | +1.95% | |
| Price / MA20: | +13.45% | |
| Price / MA50: | +19.95% | |
| Price / MA100: | +6.73% | |
| Price / MAexp7: | +2.35% | |
| Price / MAexp20: | +10.57% | |
| Price / MAexp50: | +13.20% | |
| Price / MAexp100: | +2.35% |
News
The latest news and videos published on RPC INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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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…
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