BADGER METER INC. - Daily - Technical analysis published on 11/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 61.05 USD
My targets
62.53 USD (+0.53%)
67.42 USD (+8.39%)
My analysis
BADGER METER 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 61.05 USD. The next resistance located at 62.53 USD is the next bullish objective 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 67.42 USD. After this resistance, buyers could then target 73.42 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.6
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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
BADGER METER INC. rating 62.20 USD. The price has increased by +0.68% since the last closing and was between 61.64 USD and 62.34 USD. This implies that the price is at +0.91% from its lowest and at -0.22% from its highest.61.64
62.34
62.20
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BADGER METER INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
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 : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 54.88 | 58.09 | 61.05 | 62.20 |
| Change (%) | -11.77% | -6.61% | -1.85% | - |
| Change | -7.32 | -4.11 | -1.15 | - |
| Level | Intermediate | Major | Major | - |
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 | 60.07 | 60.47 | 61.13 | 61.53 | 62.19 | 62.59 | 63.25 |
| Camarilla | 61.49 | 61.59 | 61.68 | 61.78 | 61.88 | 61.97 | 62.07 |
| Woodie | 60.19 | 60.54 | 61.25 | 61.60 | 62.31 | 62.66 | 63.37 |
| Fibonacci | 60.47 | 60.88 | 61.13 | 61.53 | 61.94 | 62.19 | 62.59 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.84 | 57.09 | 58.49 | 59.75 | 61.14 | 62.40 | 63.79 |
| Camarilla | 59.16 | 59.40 | 59.64 | 59.89 | 60.13 | 60.37 | 60.61 |
| Woodie | 55.91 | 57.13 | 58.56 | 59.78 | 61.21 | 62.43 | 63.86 |
| Fibonacci | 57.09 | 58.11 | 58.73 | 59.75 | 60.76 | 61.39 | 62.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.75 | 45.64 | 51.64 | 56.53 | 62.53 | 67.42 | 73.42 |
| Camarilla | 54.65 | 55.64 | 56.64 | 57.64 | 58.64 | 59.64 | 60.64 |
| Woodie | 41.31 | 45.92 | 52.20 | 56.81 | 63.09 | 67.70 | 73.98 |
| Fibonacci | 45.64 | 49.80 | 52.37 | 56.53 | 60.69 | 63.26 | 67.42 |
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): | 69.10 | |
| MACD (12,26,9): | 1.2800 | |
| Directional Movement: | 20.76 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 61.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 57.67 | |
| Elder Ray (13): | 1.95 | |
| Super Trend (3,10): | 58.33 | |
| Zig ZAG (10): | 62.14 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 95.46 | |
| TEMA (21): | 61.34 | |
| Williams %R (14): | -2.58 | |
| Chande Momentum Oscillator (20): | 2.67 | |
| Repulse (5,40,3): | 2.5900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2800 | |
| Courbe Coppock: | 6.44 |
| MA7: | 60.60 | |
| MA20: | 59.30 | |
| MA50: | 56.53 | |
| MA100: | 54.83 | |
| MAexp7: | 60.82 | |
| MAexp20: | 59.36 | |
| MAexp50: | 57.35 | |
| MAexp100: | 56.02 | |
| Price / MA7: | +2.64% | |
| Price / MA20: | +4.89% | |
| Price / MA50: | +10.03% | |
| Price / MA100: | +13.44% | |
| Price / MAexp7: | +2.27% | |
| Price / MAexp20: | +4.78% | |
| Price / MAexp50: | +8.46% | |
| Price / MAexp100: | +11.03% |
News
Don"t forget to follow the news on BADGER METER INC.. At the time of publication of this analysis, the latest news was as follows:
- Badger Meter Reports Third Quarter 2019 Results
- Badger Meter Schedules Third Quarter 2019 Earnings Call
- Badger Meter Declares Regular Quarterly Dividend
- Badger Meter, Inc. to Host Earnings Call
- Investor Network: Badger Meter, Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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