STEWART INFORMATION SERVICES - Daily - Technical analysis published on 01/17/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
33%
28%
39%
My opinion
Bearish under 44.30 USD
My targets
39.76 USD (-2.74%)
38.77 USD (-5.16%)
My analysis
The strong short-term decline in STEWART INFORMATION SERVICES calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 44.30 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 39.76 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 38.77 USD as an objective. Crossing it would then enable sellers to target 36.49 USD. Be careful, a return to above 44.30 USD could jeopardize the reversal.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
0.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
STEWART INFORMATION SERVICES rating 40.88 USD. On the day, this instrument gained +0.69% with the lowest point at 40.28 USD and the highest point at 41.00 USD. The deviation from the price is +1.49% for the low point and -0.29% for the high point.40.28
41.00
40.88
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 STEWART INFORMATION SERVICES:
Technical
Technical analysis of STEWART INFORMATION SERVICES in Daily shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.49 | 38.77 | 39.76 | 40.88 | 41.39 | 44.30 | 45.47 |
| Change (%) | -10.74% | -5.16% | -2.74% | - | +1.25% | +8.37% | +11.23% |
| Change | -4.39 | -2.11 | -1.12 | - | +0.51 | +3.42 | +4.59 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 39.55 | 39.98 | 40.29 | 40.72 | 41.03 | 41.46 | 41.77 |
| Camarilla | 40.40 | 40.46 | 40.53 | 40.60 | 40.67 | 40.74 | 40.80 |
| Woodie | 39.49 | 39.95 | 40.23 | 40.69 | 40.97 | 41.43 | 41.71 |
| Fibonacci | 39.98 | 40.26 | 40.44 | 40.72 | 41.00 | 41.18 | 41.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.11 | 39.69 | 40.20 | 40.78 | 41.29 | 41.87 | 42.38 |
| Camarilla | 40.41 | 40.51 | 40.61 | 40.71 | 40.81 | 40.91 | 41.01 |
| Woodie | 39.08 | 39.67 | 40.17 | 40.76 | 41.26 | 41.85 | 42.35 |
| Fibonacci | 39.69 | 40.11 | 40.36 | 40.78 | 41.20 | 41.45 | 41.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.05 | 38.80 | 39.79 | 41.54 | 42.53 | 44.28 | 45.27 |
| Camarilla | 40.04 | 40.29 | 40.54 | 40.79 | 41.04 | 41.29 | 41.54 |
| Woodie | 36.68 | 38.61 | 39.42 | 41.35 | 42.16 | 44.09 | 44.90 |
| Fibonacci | 38.80 | 39.84 | 40.49 | 41.54 | 42.58 | 43.23 | 44.28 |
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): | 45.78 | |
| MACD (12,26,9): | -0.2500 | |
| Directional Movement: | -6.46 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 40.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.28 | |
| Elder Ray (13): | -0.30 | |
| Super Trend (3,10): | 42.69 | |
| Zig ZAG (10): | 40.88 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 47.81 | |
| TEMA (21): | 40.48 | |
| Williams %R (14): | -47.54 | |
| Chande Momentum Oscillator (20): | -0.09 | |
| Repulse (5,40,3): | 1.2800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 2.87 |
| MA7: | 40.79 | |
| MA20: | 41.08 | |
| MA50: | 41.77 | |
| MA100: | 39.53 | |
| MAexp7: | 40.83 | |
| MAexp20: | 41.09 | |
| MAexp50: | 41.03 | |
| MAexp100: | 40.39 | |
| Price / MA7: | +0.22% | |
| Price / MA20: | -0.49% | |
| Price / MA50: | -2.13% | |
| Price / MA100: | +3.42% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | -0.51% | |
| Price / MAexp50: | -0.37% | |
| Price / MAexp100: | +1.21% |
News
The last news published on STEWART INFORMATION SERVICES at the time of the generation of this analysis was as follows:
- Stewart Title President Matthew Morris Announces His Departure
- Stewart Title Ltd Enters Partnership to Provide Lodgement Gap Cover on the Sympli e-Settlement Services Platform
- Stewart Title Adds Staff in Massachusetts State
- Stewart Title Appoints Karen Pallotta and Manolo Sánchez to Board of Directors
- Stewart Names Group President Steve Lessack to Lead Direct Operations Business Unit
This member declared not having a position on this financial instrument or a related financial instrument.
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