FIVE BELOW INC. - Daily - Technical analysis published on 12/10/2019 (GMT)
- 277
- 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:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 123.31 USD
My targets
116.14 USD (-3.66%)
112.15 USD (-6.97%)
My analysis
FIVE BELOW 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 123.31 USD. The next support located at 116.14 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 112.15 USD. Below this support, sellers could then target 104.43 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.1
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
FIVE BELOW INC. rating 120.55 USD. The price registered a decrease of -2.94% on the session with the lowest point at 120.22 USD and the highest point at 123.63 USD. The deviation from the price is +0.27% for the low point and -2.49% for the high point.120.22
123.63
120.55
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FIVE BELOW INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of FIVE BELOW INC. in Daily shows a overall strongly bearish trend. 89.29% 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 112.15 | 116.14 | 119.64 | 120.55 | 123.31 | 129.92 | 134.32 |
| Change (%) | -6.97% | -3.66% | -0.75% | - | +2.29% | +7.77% | +11.42% |
| Change | -8.40 | -4.41 | -0.91 | - | +2.76 | +9.37 | +13.77 |
| Level | Minor | Major | Major | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.16 | 121.53 | 122.86 | 124.23 | 125.56 | 126.93 | 128.26 |
| Camarilla | 123.46 | 123.71 | 123.95 | 124.20 | 124.45 | 124.70 | 124.94 |
| Woodie | 120.15 | 121.52 | 122.85 | 124.22 | 125.55 | 126.92 | 128.25 |
| Fibonacci | 121.53 | 122.56 | 123.20 | 124.23 | 125.26 | 125.90 | 126.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 104.19 | 109.76 | 116.98 | 122.55 | 129.77 | 135.34 | 142.56 |
| Camarilla | 120.68 | 121.86 | 123.03 | 124.20 | 125.37 | 126.54 | 127.72 |
| Woodie | 105.02 | 110.18 | 117.81 | 122.96 | 130.59 | 135.75 | 143.38 |
| Fibonacci | 109.76 | 114.65 | 117.66 | 122.55 | 127.43 | 130.45 | 135.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 104.78 | 111.42 | 117.57 | 124.21 | 130.35 | 136.99 | 143.13 |
| Camarilla | 120.19 | 121.37 | 122.54 | 123.71 | 124.88 | 126.05 | 127.23 |
| Woodie | 104.53 | 111.30 | 117.32 | 124.08 | 130.10 | 136.87 | 142.89 |
| Fibonacci | 111.42 | 116.30 | 119.32 | 124.21 | 129.09 | 132.11 | 136.99 |
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): | 44.83 | |
| MACD (12,26,9): | -1.3500 | |
| Directional Movement: | -4.47 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 121.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 115.84 | |
| Elder Ray (13): | -0.24 | |
| Super Trend (3,10): | 129.02 | |
| Zig ZAG (10): | 120.55 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 58.47 | |
| TEMA (21): | 120.45 | |
| Williams %R (14): | -59.18 | |
| Chande Momentum Oscillator (20): | -3.03 | |
| Repulse (5,40,3): | -5.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 3.27 |
| MA7: | 120.98 | |
| MA20: | 122.52 | |
| MA50: | 125.80 | |
| MA100: | 122.96 | |
| MAexp7: | 121.63 | |
| MAexp20: | 122.88 | |
| MAexp50: | 124.37 | |
| MAexp100: | 124.48 | |
| Price / MA7: | -0.36% | |
| Price / MA20: | -1.61% | |
| Price / MA50: | -4.17% | |
| Price / MA100: | -1.96% | |
| Price / MAexp7: | -0.89% | |
| Price / MAexp20: | -1.90% | |
| Price / MAexp50: | -3.07% | |
| Price / MAexp100: | -3.16% |
News
The latest news and videos published on FIVE BELOW INC. at the time of the analysis were as follows:
-
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
- Thinking about buying stock or options on Bank of America, Five Below Inc., Kinder Morgan, NVIDIA or Sprint Corp?
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