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ARISTA NETWORKS INC.
ARISTA NETWORKS INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ANET
ISIN:

ARISTA NETWORKS INC. - Daily - Technical analysis published on 06/28/2024 (GMT)

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  • 06/28/2024 - 06:03
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  • Timeframe : Daily
  • - Analysis generated on 06/28/2024 - 06:03
  • Status : INVALID

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 340.34 USD
My targets
369.76 USD (+6.28%)
410.49 USD (+17.98%)
My analysis
The bullish trend is currently very strong on ARISTA NETWORKS INC.. As long as the price remains above the support at 340.34 USD, you could try to benefit from the boom. The first bullish objective is located at 369.76 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 410.49 USD as an objective. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

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.

AMIKOTUN
This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

ARISTA NETWORKS INC. rating 347.93 USD. On the day, this instrument gained +3.95% and was between 337.99 USD and 350.98 USD. This implies that the price is at +2.94% from its lowest and at -0.87% from its highest.

337.99
350.98
347.93

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ARISTA NETWORKS INC.:
Created with Raphaël 2.3.0075150225300January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ARISTA NETWORKS INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% 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.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 306.63 326.03 340.34 347.93
Change (%) -11.87% -6.29% -2.18% -
Change -41.30 -21.90 -7.59 -
Level Intermediate Major 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
Standard327.30332.64340.29345.63353.28358.62366.27
Camarilla344.36345.55346.74347.93349.12350.31351.50
Woodie328.45333.22341.44346.21354.43359.20367.42
Fibonacci332.64337.61340.67345.63350.60353.66358.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard307.15316.61326.98336.44346.81356.27366.64
Camarilla331.91333.73335.54337.36339.18341.00342.81
Woodie307.62316.84327.45336.67347.28356.50367.11
Fibonacci316.61324.18328.86336.44344.01348.69356.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard180.15216.20256.93292.98333.71369.76410.49
Camarilla276.54283.57290.61297.65304.69311.73318.77
Woodie182.48217.37259.26294.15336.04370.93412.82
Fibonacci216.20245.53263.65292.98322.31340.43369.76

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
Created with Raphaël 2.3.0Buy16
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 70.67
MACD (12,26,9): 11.3900
Directional Movement: 21.08
AROON (14): 85.71
DEMA (21): 338.09
Parabolic SAR (0,02-0,02-0,2): 313.13
Elder Ray (13): 14.60
Super Trend (3,10): 314.23
Zig ZAG (10): 347.93
VORTEX (21): 1.0700
Stochastique (14,3,5): 84.55
TEMA (21): 342.56
Williams %R (14): -5.10
Chande Momentum Oscillator (20): 50.35
Repulse (5,40,3): 3.9100
ROCnROLL: 1
TRIX (15,9): 0.4500
Courbe Coppock: 26.05
MA7: 337.75
MA20: 318.00
MA50: 298.72
MA100: 289.97
MAexp7: 336.36
MAexp20: 323.78
MAexp50: 307.25
MAexp100: 289.14
Price / MA7: +3.01%
Price / MA20: +9.41%
Price / MA50: +16.47%
Price / MA100: +19.99%
Price / MAexp7: +3.44%
Price / MAexp20: +7.46%
Price / MAexp50: +13.24%
Price / MAexp100: +20.33%

Quotes : 06/27/2024 - 19:59 - 15 min delayed data - NYSE Stocks

News


The last news published on ARISTA NETWORKS INC. 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.

About author

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Londinia AI

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