ACUSHNET HOLDINGS - Daily - Technical analysis published on 10/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
11%
67%
22%
My opinion
Bullish above 26.04 USD
My targets
27.03 USD (+2.97%)
27.67 USD (+5.41%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ACUSHNET HOLDINGS. As long as you are above the support located at 26.04 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 27.03 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 27.67 USD as an objective. Crossing it would then enable buyers to target 28.45 USD. If the support 26.04 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0
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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
ACUSHNET HOLDINGS rating 26.25 USD. On the day, this instrument lost -0.57% with the lowest point at 26.15 USD and the highest point at 26.77 USD. The deviation from the price is +0.38% for the low point and -1.94% for the high point.26.15
26.77
26.25
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ACUSHNET HOLDINGS indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 23.97 | 25.31 | 26.04 | 26.25 | 27.03 | 27.67 | 28.45 |
| Change (%) | -8.69% | -3.58% | -0.80% | - | +2.97% | +5.41% | +8.38% |
| Change | -2.28 | -0.94 | -0.21 | - | +0.78 | +1.42 | +2.20 |
| Level | Major | Intermediate | 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 | 25.81 | 26.04 | 26.22 | 26.45 | 26.63 | 26.86 | 27.04 |
| Camarilla | 26.29 | 26.33 | 26.36 | 26.40 | 26.44 | 26.48 | 26.51 |
| Woodie | 25.79 | 26.03 | 26.20 | 26.44 | 26.61 | 26.85 | 27.02 |
| Fibonacci | 26.04 | 26.20 | 26.29 | 26.45 | 26.61 | 26.70 | 26.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.65 | 25.42 | 25.88 | 26.65 | 27.11 | 27.88 | 28.34 |
| Camarilla | 25.99 | 26.11 | 26.22 | 26.33 | 26.44 | 26.56 | 26.67 |
| Woodie | 24.49 | 25.34 | 25.72 | 26.57 | 26.95 | 27.80 | 28.18 |
| Fibonacci | 25.42 | 25.89 | 26.18 | 26.65 | 27.12 | 27.41 | 27.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.59 | 23.48 | 24.94 | 26.83 | 28.29 | 30.18 | 31.64 |
| Camarilla | 25.48 | 25.79 | 26.09 | 26.40 | 26.71 | 27.01 | 27.32 |
| Woodie | 21.38 | 23.37 | 24.73 | 26.72 | 28.08 | 30.07 | 31.43 |
| Fibonacci | 23.48 | 24.76 | 25.55 | 26.83 | 28.11 | 28.90 | 30.18 |
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): | 44.87 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | -7.34 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 27.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.86 | |
| Elder Ray (13): | -0.32 | |
| Super Trend (3,10): | 28.18 | |
| Zig ZAG (10): | 26.25 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 5.66 | |
| TEMA (21): | 26.87 | |
| Williams %R (14): | -96.11 | |
| Chande Momentum Oscillator (20): | -1.94 | |
| Repulse (5,40,3): | -3.5600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 2.56 |
| MA7: | 26.63 | |
| MA20: | 27.06 | |
| MA50: | 26.01 | |
| MA100: | 25.69 | |
| MAexp7: | 26.62 | |
| MAexp20: | 26.73 | |
| MAexp50: | 26.29 | |
| MAexp100: | 25.74 | |
| Price / MA7: | -1.43% | |
| Price / MA20: | -2.99% | |
| Price / MA50: | +0.92% | |
| Price / MA100: | +2.18% | |
| Price / MAexp7: | -1.39% | |
| Price / MAexp20: | -1.80% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | +1.98% |
News
The last news published on ACUSHNET HOLDINGS at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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