COPA HLD. - Daily - Technical analysis published on 09/30/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 99.43 USD
My targets
92.88 USD (-4.37%)
86.00 USD (-11.45%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on COPA HLD. as long as the price remains well below 99.43 USD. The next bearish objective for sellers is set at 92.88 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 86.00 USD. In case of crossing, the next objective would be the support located at 78.01 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
1.8
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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
The COPA HLD. price is 97.12 USD. The price registered an increase of +0.78% on the session with the lowest point at 96.64 USD and the highest point at 99.44 USD. The deviation from the price is +0.50% for the low point and -2.33% for the high point.96.64
99.44
97.12
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of COPA HLD. in Daily shows an overall slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced 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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 78.01 | 86.00 | 92.88 | 97.12 | 99.43 | 103.25 | 111.44 |
| Change (%) | -19.68% | -11.45% | -4.37% | - | +2.38% | +6.31% | +14.74% |
| Change | -19.11 | -11.12 | -4.24 | - | +2.31 | +6.13 | +14.32 |
| Level | Major | Minor | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.26 | 92.53 | 94.45 | 95.72 | 97.64 | 98.91 | 100.83 |
| Camarilla | 95.49 | 95.79 | 96.08 | 96.37 | 96.66 | 96.96 | 97.25 |
| Woodie | 91.59 | 92.69 | 94.78 | 95.88 | 97.97 | 99.07 | 101.16 |
| Fibonacci | 92.53 | 93.75 | 94.50 | 95.72 | 96.94 | 97.69 | 98.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.17 | 89.47 | 92.46 | 94.76 | 97.75 | 100.05 | 103.04 |
| Camarilla | 94.00 | 94.48 | 94.97 | 95.45 | 95.94 | 96.42 | 96.91 |
| Woodie | 87.52 | 89.64 | 92.81 | 94.93 | 98.10 | 100.22 | 103.39 |
| Fibonacci | 89.47 | 91.49 | 92.74 | 94.76 | 96.78 | 98.03 | 100.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.11 | 87.00 | 95.09 | 103.99 | 112.07 | 120.97 | 129.06 |
| Camarilla | 98.51 | 100.07 | 101.62 | 103.18 | 104.74 | 106.29 | 107.85 |
| Woodie | 77.71 | 86.80 | 94.69 | 103.78 | 111.67 | 120.77 | 128.65 |
| Fibonacci | 87.00 | 93.49 | 97.50 | 103.99 | 110.47 | 114.48 | 120.97 |
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): | 46.03 | |
| MACD (12,26,9): | -1.3100 | |
| Directional Movement: | -5.50 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 96.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 101.51 | |
| Elder Ray (13): | 0.90 | |
| Super Trend (3,10): | 103.40 | |
| Zig ZAG (10): | 97.12 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 40.45 | |
| TEMA (21): | 95.25 | |
| Williams %R (14): | -54.27 | |
| Chande Momentum Oscillator (20): | -4.41 | |
| Repulse (5,40,3): | -1.2000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 9.93 |
| MA7: | 96.23 | |
| MA20: | 98.40 | |
| MA50: | 100.55 | |
| MA100: | 97.40 | |
| MAexp7: | 96.59 | |
| MAexp20: | 97.87 | |
| MAexp50: | 98.68 | |
| MAexp100: | 96.45 | |
| Price / MA7: | +0.92% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | -3.41% | |
| Price / MA100: | -0.29% | |
| Price / MAexp7: | +0.55% | |
| Price / MAexp20: | -0.77% | |
| Price / MAexp50: | -1.58% | |
| Price / MAexp100: | +0.69% |
News
Don"t forget to follow the news on COPA HLD.. 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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