FATE THERAPEUTICS INC. - Daily - Technical analysis published on 10/04/2019 (GMT)
- 187
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 15.91 USD
My targets
13.77 USD (-8.32%)
11.50 USD (-23.44%)
My analysis
FATE THERAPEUTICS INC. 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 15.91 USD. The next support located at 13.77 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 11.50 USD. Below this support, sellers could then target 9.18 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
7.5
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FATE THERAPEUTICS INC. rating 15.02 USD. The price registered an increase of +2.53% on the session and was between 14.32 USD and 15.09 USD. This implies that the price is at +4.89% from its lowest and at -0.46% from its highest.14.32
15.09
15.02
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 FATE THERAPEUTICS INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.18 | 11.50 | 13.77 | 15.02 | 15.91 | 18.23 | 20.25 |
| Change (%) | -38.88% | -23.44% | -8.32% | - | +5.93% | +21.37% | +34.82% |
| Change | -5.84 | -3.52 | -1.25 | - | +0.89 | +3.21 | +5.23 |
| Level | Minor | Minor | Major | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 13.08 | 13.42 | 14.03 | 14.37 | 14.98 | 15.32 | 15.93 |
| Camarilla | 14.39 | 14.48 | 14.56 | 14.65 | 14.74 | 14.82 | 14.91 |
| Woodie | 13.23 | 13.49 | 14.18 | 14.44 | 15.13 | 15.39 | 16.08 |
| Fibonacci | 13.42 | 13.78 | 14.00 | 14.37 | 14.73 | 14.95 | 15.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.09 | 13.20 | 14.34 | 16.45 | 17.58 | 19.69 | 20.83 |
| Camarilla | 14.58 | 14.88 | 15.17 | 15.47 | 15.77 | 16.07 | 16.36 |
| Woodie | 10.60 | 12.96 | 13.85 | 16.20 | 17.09 | 19.45 | 20.34 |
| Fibonacci | 13.20 | 14.44 | 15.21 | 16.45 | 17.69 | 18.45 | 19.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.71 | 12.41 | 13.97 | 16.67 | 18.23 | 20.93 | 22.49 |
| Camarilla | 14.36 | 14.75 | 15.14 | 15.53 | 15.92 | 16.31 | 16.70 |
| Woodie | 9.14 | 12.13 | 13.40 | 16.39 | 17.66 | 20.65 | 21.92 |
| Fibonacci | 12.41 | 14.04 | 15.04 | 16.67 | 18.30 | 19.30 | 20.93 |
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): | 36.95 | |
| MACD (12,26,9): | -0.8800 | |
| Directional Movement: | -19.70 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 15.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.29 | |
| Elder Ray (13): | -1.30 | |
| Super Trend (3,10): | 17.38 | |
| Zig ZAG (10): | 15.02 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 15.40 | |
| TEMA (21): | 15.05 | |
| Williams %R (14): | -73.49 | |
| Chande Momentum Oscillator (20): | -1.97 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5100 | |
| Courbe Coppock: | 27.27 |
| MA7: | 15.33 | |
| MA20: | 16.92 | |
| MA50: | 18.09 | |
| MA100: | 18.95 | |
| MAexp7: | 15.40 | |
| MAexp20: | 16.48 | |
| MAexp50: | 17.64 | |
| MAexp100: | 18.05 | |
| Price / MA7: | -2.02% | |
| Price / MA20: | -11.23% | |
| Price / MA50: | -16.97% | |
| Price / MA100: | -20.74% | |
| Price / MAexp7: | -2.47% | |
| Price / MAexp20: | -8.86% | |
| Price / MAexp50: | -14.85% | |
| Price / MAexp100: | -16.79% |
News
The last news published on FATE THERAPEUTICS INC. at the time of the generation of this analysis was as follows:
- New Research: Key Drivers of Growth for Workhorse Group, Fate Therapeutics, Minerals Technologies, Tyson Foods, ZAGG, and USA Technologies — Factors of Influence, Major Initiatives and Sustained Production
- Recent Analysis Shows Synopsys, Rigel Pharmaceuticals, Fate Therapeutics, Philip Morris International, Sally Beauty, and Kimberly-Clark Market Influences — Renewed Outlook, Key Drivers of Growth
- SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Fate Therapeutics, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
- Fate Therapeutics, Inc. to Host Earnings Call
- Investor Network: Fate Therapeutics, Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis FATE THERAPEUTICS INC. - Daily