ROGERS COMMUNICATION INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	RCI
ISIN:	CA7751092007

ROGERS COMMUNICATION INC. - Daily - Technical analysis published on 04/04/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

11%

44%

My opinion

Bullish above 46.23 USD

My targets

47.82 USD (+1.87%)

49.09 USD (+4.58%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 46.23 USD remains possible. It is advisable to trade ROGERS COMMUNICATION INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 46.23 USD. The next bullish objective for buyers is set at 47.82 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 49.09 USD. If there is any crossing, the next objective would be the resistance located at 51.60 USD. PS: if there is a bearish break in the support located at 46.23 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

Force

1.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by DipFarda. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ROGERS COMMUNICATION INC. price is 46.94 USD. The price has increased by +1.82% since the last closing with the lowest point at 46.04 USD and the highest point at 46.95 USD. The deviation from the price is +1.95% for the low point and -0.02% for the high point.

46.04

46.95

46.94

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of ROGERS COMMUNICATION INC. indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	40.45	43.68	46.23	46.94	47.82	49.09	51.60
Change (%)	-13.83%	-6.95%	-1.51%	-	+1.87%	+4.58%	+9.93%
Change	-6.49	-3.26	-0.71	-	+0.88	+2.15	+4.66
Level	Major	Major	Major	-	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	45.43	45.73	46.34	46.64	47.25	47.55	48.16
Camarilla	46.69	46.77	46.86	46.94	47.02	47.11	47.19
Woodie	45.58	45.81	46.49	46.72	47.40	47.63	48.31
Fibonacci	45.73	46.08	46.30	46.64	46.99	47.21	47.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.50	46.48	47.03	48.01	48.56	49.54	50.09
Camarilla	47.16	47.30	47.44	47.58	47.72	47.86	48.00
Woodie	45.29	46.37	46.82	47.90	48.35	49.43	49.88
Fibonacci	46.48	47.06	47.43	48.01	48.59	48.96	49.54

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.60	37.99	42.05	47.44	51.50	56.89	60.95
Camarilla	43.50	44.37	45.23	46.10	46.97	47.83	48.70
Woodie	31.93	37.66	41.38	47.11	50.83	56.56	60.28
Fibonacci	37.99	41.60	43.83	47.44	51.05	53.28	56.89

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):	48.11
MACD (12,26,9):	0.2500
Directional Movement:	0.87
AROON (14):	-85.71
DEMA (21):	47.92
Parabolic SAR (0,02-0,02-0,2):	50.19
Elder Ray (13):	-1.09
Super Trend (3,10):	49.86
Zig ZAG (10):	46.94
VORTEX (21):	1.0300
Stochastique (14,3,5):	7.51
TEMA (21):	47.87
Williams %R (14):	-86.76
Chande Momentum Oscillator (20):	-5.31
Repulse (5,40,3):	-0.6000
ROCnROLL:	-1
TRIX (15,9):	0.1900
Courbe Coppock:	0.63

MA7:	47.50
MA20:	48.03
MA50:	46.60
MA100:	46.58
MAexp7:	47.35
MAexp20:	47.47
MAexp50:	46.87
MAexp100:	45.94
Price / MA7:	-1.18%
Price / MA20:	-2.27%
Price / MA50:	+0.73%
Price / MA100:	+0.77%
Price / MAexp7:	-0.87%
Price / MAexp20:	-1.12%
Price / MAexp50:	+0.15%
Price / MAexp100:	+2.18%

Quotes : 2021-04-01 19:59:59 - 15 min delayed data - NYSE Stocks

News

The last news published on ROGERS COMMUNICATION INC. at the time of the generation of this analysis was as follows:

Investor Network: Rogers Communications 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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