STURM RUGER & CO. - 1H - Technical analysis published on 02/27/2023 (GMT)
- 176
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
11%
50%
39%
My opinion
Bullish above 56.14 USD
My targets
59.79 USD (+3.14%)
61.34 USD (+5.81%)
My analysis
With a bullish background trend, the price of STURM RUGER & CO. is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 56.14 USD. A bullish break in the resistance located at 59.79 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 61.34 USD. Then 62.91 USD by extension. It would be safer to wait for a bullish break in the resistance located at 59.79 USD before allowing yourself to re trade long positions (at purchase) on STURM RUGER & CO.. PS: if there is a bearish break in the support located at 56.14 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.2
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 AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STURM RUGER & CO. price is 57.97 USD. The price is lower by -2.47% since the last closing with the lowest point at 57.88 USD and the highest point at 59.58 USD. The deviation from the price is +0.16% for the low point and -2.70% for the high point.57.88
59.58
57.97
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STURM RUGER & CO.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STURM RUGER & CO. indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 50.52 | 53.15 | 56.14 | 57.97 | 58.14 | 59.79 | 61.34 |
| Change (%) | -12.85% | -8.31% | -3.16% | - | +0.29% | +3.14% | +5.81% |
| Change | -7.45 | -4.82 | -1.83 | - | +0.17 | +1.82 | +3.37 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | Intermediate |
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 | 57.25 | 58.09 | 58.77 | 59.61 | 60.29 | 61.13 | 61.81 |
| Camarilla | 59.02 | 59.16 | 59.30 | 59.44 | 59.58 | 59.72 | 59.86 |
| Woodie | 57.16 | 58.05 | 58.68 | 59.57 | 60.20 | 61.09 | 61.72 |
| Fibonacci | 58.09 | 58.67 | 59.03 | 59.61 | 60.19 | 60.55 | 61.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.41 | 52.97 | 56.21 | 58.77 | 62.01 | 64.57 | 67.81 |
| Camarilla | 57.85 | 58.38 | 58.91 | 59.44 | 59.97 | 60.50 | 61.04 |
| Woodie | 50.74 | 53.14 | 56.54 | 58.94 | 62.34 | 64.74 | 68.14 |
| Fibonacci | 52.97 | 55.19 | 56.56 | 58.77 | 60.99 | 62.36 | 64.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.24 | 49.17 | 53.04 | 54.97 | 58.84 | 60.77 | 64.64 |
| Camarilla | 55.31 | 55.84 | 56.37 | 56.90 | 57.43 | 57.96 | 58.50 |
| Woodie | 48.20 | 49.66 | 54.00 | 55.46 | 59.80 | 61.26 | 65.60 |
| Fibonacci | 49.17 | 51.39 | 52.76 | 54.97 | 57.19 | 58.56 | 60.77 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 45.56 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | -6.62 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 58.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 61.01 | |
| Elder Ray (13): | -0.55 | |
| Super Trend (3,10): | 59.80 | |
| Zig ZAG (10): | 58.11 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 8.73 | |
| TEMA (21): | 58.57 | |
| Williams %R (14): | -91.09 | |
| Chande Momentum Oscillator (20): | -1.65 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 5.15 |
| MA7: | 57.80 | |
| MA20: | 57.08 | |
| MA50: | 54.65 | |
| MA100: | 52.37 | |
| MAexp7: | 58.42 | |
| MAexp20: | 58.67 | |
| MAexp50: | 58.11 | |
| MAexp100: | 57.43 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | +1.56% | |
| Price / MA50: | +6.08% | |
| Price / MA100: | +10.69% | |
| Price / MAexp7: | -0.77% | |
| Price / MAexp20: | -1.19% | |
| Price / MAexp50: | -0.24% | |
| Price / MAexp100: | +0.94% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on STURM RUGER & CO. at the time of the analysis were as follows:
- Sturm, Ruger & Company, Inc. Reports 2022 Diluted Earnings of $4.96 Per Share and Declares Dividend of 42¢ Per Share
- Sturm, Ruger & Company, Inc. to Report 2022 Results and File Its Annual Report on Form 10-K on Wednesday, February 22
- Sturm, Ruger & Company, Inc. to Report Fourth Quarter and Year-End 2022 Financial Results on Wednesday, February 22
- Sturm, Ruger & Company, Inc. Declares Special Dividend of $5.00 Per Share
- Sturm, Ruger & Company, Inc. Reports Third Quarter Diluted Earnings of $1.03 Per Share and Declares Quarterly Dividend of 41¢ Per Share
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 STURM RUGER & CO. - 1H