US FOODS HOLDING - Daily - Technical analysis published on 07/07/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 36.92 USD
My targets
33.47 USD (-6.34%)
31.02 USD (-13.21%)
My analysis
US FOODS HOLDING is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 36.92 USD. The next support located at 33.47 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 31.02 USD. Below this support, sellers could then target 28.02 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.6
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This analysis was given by DipFarda. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The US FOODS HOLDING rating is 35.74 USD. The price is lower by -2.78% since the last closing and was traded between 35.41 USD and 37.01 USD over the period. The price is currently at +0.93% from its lowest and -3.43% from its highest.35.41
37.01
35.74
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this US FOODS HOLDING chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Downside gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.23 | 28.02 | 31.02 | 35.74 | 36.92 | 38.67 | 40.59 |
| Change (%) | -29.41% | -21.60% | -13.21% | - | +3.30% | +8.20% | +13.57% |
| Change | -10.51 | -7.72 | -4.72 | - | +1.18 | +2.93 | +4.85 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | 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 | 35.50 | 36.05 | 36.41 | 36.96 | 37.32 | 37.87 | 38.23 |
| Camarilla | 36.51 | 36.59 | 36.68 | 36.76 | 36.84 | 36.93 | 37.01 |
| Woodie | 35.40 | 36.00 | 36.31 | 36.91 | 37.22 | 37.82 | 38.13 |
| Fibonacci | 36.05 | 36.40 | 36.62 | 36.96 | 37.31 | 37.53 | 37.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.18 | 35.38 | 36.53 | 37.73 | 38.88 | 40.08 | 41.23 |
| Camarilla | 37.02 | 37.24 | 37.46 | 37.67 | 37.89 | 38.10 | 38.32 |
| Woodie | 34.15 | 35.37 | 36.50 | 37.72 | 38.85 | 40.07 | 41.20 |
| Fibonacci | 35.38 | 36.28 | 36.84 | 37.73 | 38.63 | 39.19 | 40.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.18 | 33.47 | 35.92 | 38.21 | 40.66 | 42.95 | 45.40 |
| Camarilla | 37.06 | 37.49 | 37.93 | 38.36 | 38.80 | 39.23 | 39.66 |
| Woodie | 31.25 | 33.51 | 35.99 | 38.25 | 40.73 | 42.99 | 45.47 |
| Fibonacci | 33.47 | 35.28 | 36.40 | 38.21 | 40.02 | 41.14 | 42.95 |
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): | 38.27 | |
| MACD (12,26,9): | -0.4600 | |
| Directional Movement: | -11.43 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 37.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.94 | |
| Elder Ray (13): | -1.19 | |
| Super Trend (3,10): | 39.54 | |
| Zig ZAG (10): | 35.48 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 30.03 | |
| TEMA (21): | 37.07 | |
| Williams %R (14): | -75.71 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | -3.2200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 5.14 |
| MA7: | 37.25 | |
| MA20: | 37.89 | |
| MA50: | 38.63 | |
| MA100: | 38.31 | |
| MAexp7: | 37.17 | |
| MAexp20: | 37.72 | |
| MAexp50: | 38.11 | |
| MAexp100: | 37.30 | |
| Price / MA7: | -4.05% | |
| Price / MA20: | -5.67% | |
| Price / MA50: | -7.48% | |
| Price / MA100: | -6.71% | |
| Price / MAexp7: | -3.85% | |
| Price / MAexp20: | -5.25% | |
| Price / MAexp50: | -6.22% | |
| Price / MAexp100: | -4.18% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on US FOODS HOLDING. At the time of publication of this analysis, the latest news was as follows:
- US Foods Announces New Chief Information and Digital Officer
- US Foods Solves Operators’ Steak Challenges with Tender by Design™ Process
- US Foods Summer Scoop Lineup Takes Aim at Restaurant Labor Shortage
- US Foods to Participate in the Jefferies Virtual Consumer Conference on June 22, 2021
- Eighteen US Foods Drivers Inducted Into the International Foodservice Distributors Association Truck Driver Hall of Fame
This member declared not having a position on this financial instrument or a related financial instrument.
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