FIVE BELOW INC. - Daily - Technical analysis published on 07/15/2020 (GMT)
- 239
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 107.39 USD
My targets
98.26 USD (-1.69%)
89.61 USD (-10.35%)
My analysis
The strong short-term decline of FIVE BELOW INC. reinforces the current slightly bearish trend. As long as the price remains below 107.39 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 98.26 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 89.61 USD as an objective. Crossing it would then enable sellers to target 72.64 USD. A return to above 107.39 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.7
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FIVE BELOW INC. rating 99.95 USD. The price registered an increase of +2.17% on the session with the lowest point at 99.49 USD and the highest point at 102.15 USD. The deviation from the price is +0.46% for the low point and -2.15% for the high point.99.49
102.15
99.95
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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
A technical analysis in Daily of this FIVE BELOW INC. chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.64 | 89.61 | 98.26 | 99.95 | 107.39 | 113.67 | 123.34 |
| Change (%) | -27.32% | -10.35% | -1.69% | - | +7.44% | +13.73% | +23.40% |
| Change | -27.31 | -10.34 | -1.69 | - | +7.44 | +13.72 | +23.39 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Intermediate |
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 | 94.18 | 95.40 | 96.61 | 97.83 | 99.04 | 100.26 | 101.47 |
| Camarilla | 97.16 | 97.38 | 97.61 | 97.83 | 98.05 | 98.28 | 98.50 |
| Woodie | 94.19 | 95.40 | 96.62 | 97.83 | 99.05 | 100.26 | 101.48 |
| Fibonacci | 95.40 | 96.33 | 96.90 | 97.83 | 98.76 | 99.33 | 100.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.77 | 93.88 | 97.51 | 101.62 | 105.25 | 109.36 | 112.99 |
| Camarilla | 99.00 | 99.71 | 100.42 | 101.13 | 101.84 | 102.55 | 103.26 |
| Woodie | 89.52 | 93.76 | 97.26 | 101.50 | 105.00 | 109.24 | 112.74 |
| Fibonacci | 93.88 | 96.84 | 98.67 | 101.62 | 104.58 | 106.41 | 109.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.93 | 92.54 | 99.73 | 109.34 | 116.52 | 126.13 | 133.32 |
| Camarilla | 102.29 | 103.83 | 105.37 | 106.91 | 108.45 | 109.99 | 111.53 |
| Woodie | 81.72 | 91.94 | 98.51 | 108.73 | 115.31 | 125.53 | 132.10 |
| Fibonacci | 92.54 | 98.96 | 102.92 | 109.34 | 115.75 | 119.72 | 126.13 |
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): | 45.35 | |
| MACD (12,26,9): | -1.1000 | |
| Directional Movement: | -1.19 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 102.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.63 | |
| Elder Ray (13): | -1.00 | |
| Super Trend (3,10): | 97.42 | |
| Zig ZAG (10): | 100.10 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 14.08 | |
| TEMA (21): | 98.71 | |
| Williams %R (14): | -74.15 | |
| Chande Momentum Oscillator (20): | -3.77 | |
| Repulse (5,40,3): | -3.8500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 14.73 |
| MA7: | 99.95 | |
| MA20: | 104.54 | |
| MA50: | 101.48 | |
| MA100: | 91.32 | |
| MAexp7: | 100.29 | |
| MAexp20: | 102.74 | |
| MAexp50: | 100.79 | |
| MAexp100: | 99.86 | |
| Price / MA7: | -0% | |
| Price / MA20: | -4.39% | |
| Price / MA50: | -1.51% | |
| Price / MA100: | +9.45% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -2.72% | |
| Price / MAexp50: | -0.83% | |
| Price / MAexp100: | +0.09% |
Quotes :
2020-07-15 15:53:06
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on FIVE BELOW INC. at the time of the analysis were as follows:
- (FIVE) Alert: Johnson Fistel Launches Investigation into Five Below, Inc.; Investors Suffering Losses Encouraged to Contact Firm
-
Jim Cramer on Millennial Investing, Five Below and the Trade War
-
Why Investors Should Pay Attention to Tariffs, FAANG, Five Below and Beyond Meat
- Option-trading opportunities on Citigroup, Five Below Inc., Micron, Lululemon, and Match Group
-
Amazon, Ulta And Five Below Among Holiday Retail Winners: Forrester Analyst | CNBC
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 FIVE BELOW INC. - Daily