KOPPERS HOLDINGS INC. - Weekly - Technical analysis published on 08/06/2020 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 24.04 USD
My targets
28.55 USD (+7.43%)
33.35 USD (+25.52%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on KOPPERS HLD. as long as the price remains well above 24.04 USD. The buyers” bullish objective is set at 28.55 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.35 USD. If there is any crossing, the next objective would be the resistance located at 40.33 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7
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This analysis was given by Mattkh. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KOPPERS HLD. rating 26.57 USD. The price registered an increase of +4.65% over 5 days with the lowest point at 24.52 USD and the highest point at 26.75 USD. The deviation from the price is +8.36% for the low point and -0.67% for the high point.24.52
26.75
26.57
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:
Technical
A technical analysis in Weekly of this KOPPERS HLD. chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Weekly
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Upside gap
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.08 | 20.00 | 24.04 | 26.57 | 33.35 | 40.33 | 43.70 |
| Change (%) | -39.48% | -24.73% | -9.52% | - | +25.52% | +51.79% | +64.47% |
| Change | -10.49 | -6.57 | -2.53 | - | +6.78 | +13.76 | +17.13 |
| Level | Major | Intermediate | Major | - | Major | 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 | 24.36 | 24.59 | 24.96 | 25.19 | 25.56 | 25.79 | 26.16 |
| Camarilla | 25.17 | 25.22 | 25.28 | 25.33 | 25.39 | 25.44 | 25.50 |
| Woodie | 24.43 | 24.63 | 25.03 | 25.23 | 25.63 | 25.83 | 26.23 |
| Fibonacci | 24.59 | 24.82 | 24.96 | 25.19 | 25.42 | 25.56 | 25.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.73 | 20.48 | 22.83 | 24.58 | 26.93 | 28.68 | 31.03 |
| Camarilla | 24.04 | 24.42 | 24.79 | 25.17 | 25.55 | 25.92 | 26.30 |
| Woodie | 19.02 | 20.63 | 23.12 | 24.73 | 27.22 | 28.83 | 31.32 |
| Fibonacci | 20.48 | 22.05 | 23.02 | 24.58 | 26.15 | 27.12 | 28.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.64 | 14.01 | 19.59 | 22.97 | 28.55 | 31.92 | 37.50 |
| Camarilla | 22.71 | 23.53 | 24.35 | 25.17 | 25.99 | 26.81 | 27.63 |
| Woodie | 11.74 | 14.56 | 20.69 | 23.52 | 29.65 | 32.47 | 38.60 |
| Fibonacci | 14.01 | 17.43 | 19.55 | 22.97 | 26.39 | 28.50 | 31.92 |
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): | 59.38 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | 13.61 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 19.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.11 | |
| Elder Ray (13): | 5.22 | |
| Super Trend (3,10): | 14.75 | |
| Zig ZAG (10): | 26.57 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 90.98 | |
| TEMA (21): | 21.24 | |
| Williams %R (14): | -1.14 | |
| Chande Momentum Oscillator (20): | 14.62 | |
| Repulse (5,40,3): | 16.9400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -1.4500 | |
| Courbe Coppock: | 146.68 |
| MA7: | 25.57 | |
| MA20: | 22.17 | |
| MA50: | 20.00 | |
| MA100: | 16.26 | |
| MAexp7: | 22.07 | |
| MAexp20: | 20.27 | |
| MAexp50: | 23.03 | |
| MAexp100: | 26.25 | |
| Price / MA7: | +3.91% | |
| Price / MA20: | +19.85% | |
| Price / MA50: | +32.85% | |
| Price / MA100: | +63.41% | |
| Price / MAexp7: | +20.39% | |
| Price / MAexp20: | +31.08% | |
| Price / MAexp50: | +15.37% | |
| Price / MAexp100: | +1.22% |
Quotes :
2020-08-05 19:59:59
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15 min delayed data
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NYSE Stocks
News
The last news published on KOPPERS HLD. at the time of the generation of this analysis was as follows:
- Koppers Enters into Special Purchase Order at Subsidiary in China for Third Quarter 2019
- Koppers Holdings Inc. Announces Cessation of Activities at Follansbee, WV, Facility; Final Step in Restructuring Strategy for Carbon Materials and Chemicals Business
- Koppers Holdings Inc. Reports First Quarter 2019 Results
- Koppers Holdings Inc. Schedules First Quarter 2019 Conference Call
- Koppers Enters into Special Purchase Order at Subsidiary in China for Second Quarter 2019
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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