NOAH HOLDINGS LTD. - Daily - Technical analysis published on 01/03/2020 (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%
0%
17%
My opinion
Bullish above 37.32 USD
My targets
41.67 USD (+8.71%)
44.92 USD (+17.19%)
My analysis
The bullish trend is currently very strong on NOAH HOLDINGS LTD.. As long as the price remains above the support at 37.32 USD, you could try to benefit from the boom. The first bullish objective is located at 41.67 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 44.92 USD as an objective. Crossing it would then enable buyers to target 50.57 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.4
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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 NOAH HOLDINGS LTD. rating is 38.33 USD. The price has increased by +8.37% since the last closing and was traded between 35.79 USD and 38.46 USD over the period. The price is currently at +7.10% from its lowest and -0.34% from its highest.35.79
38.46
38.33
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
Here is a more detailed summary of the historical variations registered by NOAH HOLDINGS LTD.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NOAH HOLDINGS LTD. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 28.77 | 31.40 | 37.32 | 38.33 | 44.92 | 50.57 | 56.82 |
| Change (%) | -24.94% | -18.08% | -2.64% | - | +17.19% | +31.93% | +48.24% |
| Change | -9.56 | -6.93 | -1.01 | - | +6.59 | +12.24 | +18.49 |
| Level | Major | Major | 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 | 34.28 | 34.74 | 35.06 | 35.52 | 35.84 | 36.30 | 36.62 |
| Camarilla | 35.16 | 35.23 | 35.30 | 35.37 | 35.44 | 35.51 | 35.59 |
| Woodie | 34.20 | 34.71 | 34.98 | 35.49 | 35.76 | 36.27 | 36.54 |
| Fibonacci | 34.74 | 35.04 | 35.23 | 35.52 | 35.82 | 36.01 | 36.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.61 | 33.55 | 34.52 | 35.46 | 36.43 | 37.37 | 38.34 |
| Camarilla | 34.98 | 35.15 | 35.33 | 35.50 | 35.68 | 35.85 | 36.03 |
| Woodie | 32.64 | 33.56 | 34.55 | 35.47 | 36.46 | 37.38 | 38.37 |
| Fibonacci | 33.55 | 34.28 | 34.73 | 35.46 | 36.19 | 36.64 | 37.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.66 | 24.81 | 30.09 | 33.24 | 38.52 | 41.67 | 46.95 |
| Camarilla | 33.05 | 33.82 | 34.60 | 35.37 | 36.14 | 36.92 | 37.69 |
| Woodie | 22.73 | 25.34 | 31.16 | 33.77 | 39.59 | 42.20 | 48.02 |
| Fibonacci | 24.81 | 28.03 | 30.02 | 33.24 | 36.46 | 38.45 | 41.67 |
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): | 78.04 | |
| MACD (12,26,9): | 1.7300 | |
| Directional Movement: | 35.11 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 36.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 34.80 | |
| Elder Ray (13): | 2.24 | |
| Super Trend (3,10): | 33.44 | |
| Zig ZAG (10): | 38.33 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 90.65 | |
| TEMA (21): | 37.09 | |
| Williams %R (14): | -1.49 | |
| Chande Momentum Oscillator (20): | 5.23 | |
| Repulse (5,40,3): | 7.8000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6500 | |
| Courbe Coppock: | 38.77 |
| MA7: | 35.78 | |
| MA20: | 33.19 | |
| MA50: | 31.42 | |
| MA100: | 30.44 | |
| MAexp7: | 35.93 | |
| MAexp20: | 33.93 | |
| MAexp50: | 32.10 | |
| MAexp100: | 32.38 | |
| Price / MA7: | +7.13% | |
| Price / MA20: | +15.49% | |
| Price / MA50: | +21.99% | |
| Price / MA100: | +25.92% | |
| Price / MAexp7: | +6.68% | |
| Price / MAexp20: | +12.97% | |
| Price / MAexp50: | +19.41% | |
| Price / MAexp100: | +18.38% |
This member declared not having a position on this financial instrument or a related financial instrument.
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