FLUOR CORP. - Daily - Technical analysis published on 10/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
72%
6%
My opinion
Bearish under 18.42 USD
My targets
16.35 USD (-8.15%)
My analysis
FLUOR CORP. 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 18.42 USD. The next support located at 16.35 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
7.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FLUOR CORP. rating is 17.80 USD. The price is lower by -2.20% since the last closing with the lowest point at 17.45 USD and the highest point at 18.20 USD. The deviation from the price is +2.01% for the low point and -2.20% for the high point.17.45
18.20
17.80
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FLUOR CORP.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of FLUOR CORP. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 1 are neutral and 13 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 16.35 | 17.80 | 18.42 | 21.91 | 27.72 |
| Change (%) | -8.15% | - | +3.48% | +23.09% | +55.73% |
| Change | -1.45 | - | +0.62 | +4.11 | +9.92 |
| Level | Major | - | Major | Minor | Minor |
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 | 16.10 | 17.06 | 17.63 | 18.59 | 19.16 | 20.12 | 20.69 |
| Camarilla | 17.78 | 17.92 | 18.06 | 18.20 | 18.34 | 18.48 | 18.62 |
| Woodie | 15.91 | 16.96 | 17.44 | 18.49 | 18.97 | 20.02 | 20.50 |
| Fibonacci | 17.06 | 17.64 | 18.01 | 18.59 | 19.17 | 19.54 | 20.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.88 | 16.55 | 17.55 | 19.22 | 20.22 | 21.89 | 22.89 |
| Camarilla | 17.83 | 18.07 | 18.32 | 18.56 | 18.81 | 19.05 | 19.29 |
| Woodie | 14.56 | 16.38 | 17.23 | 19.05 | 19.90 | 21.72 | 22.57 |
| Fibonacci | 16.55 | 17.57 | 18.20 | 19.22 | 20.24 | 20.87 | 21.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.12 | 14.06 | 16.60 | 19.54 | 22.08 | 25.02 | 27.56 |
| Camarilla | 17.62 | 18.13 | 18.63 | 19.13 | 19.63 | 20.14 | 20.64 |
| Woodie | 10.91 | 13.96 | 16.39 | 19.44 | 21.87 | 24.92 | 27.35 |
| Fibonacci | 14.06 | 16.16 | 17.45 | 19.54 | 21.64 | 22.93 | 25.02 |
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): | 38.16 | |
| MACD (12,26,9): | -0.6100 | |
| Directional Movement: | -12.24 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 18.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.50 | |
| Elder Ray (13): | -1.34 | |
| Super Trend (3,10): | 21.09 | |
| Zig ZAG (10): | 17.80 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 10.82 | |
| TEMA (21): | 19.07 | |
| Williams %R (14): | -93.06 | |
| Chande Momentum Oscillator (20): | -4.11 | |
| Repulse (5,40,3): | -4.9700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2300 | |
| Courbe Coppock: | 18.00 |
| MA7: | 18.59 | |
| MA20: | 20.02 | |
| MA50: | 20.84 | |
| MA100: | 25.56 | |
| MAexp7: | 18.71 | |
| MAexp20: | 19.43 | |
| MAexp50: | 21.42 | |
| MAexp100: | 24.99 | |
| Price / MA7: | -4.25% | |
| Price / MA20: | -11.09% | |
| Price / MA50: | -14.59% | |
| Price / MA100: | -30.36% | |
| Price / MAexp7: | -4.86% | |
| Price / MAexp20: | -8.39% | |
| Price / MAexp50: | -16.90% | |
| Price / MAexp100: | -28.77% |
News
The latest news and videos published on FLUOR CORP. at the time of the analysis were as follows:
- Fluor Joint Venture Breaks Ground on Chicago Transit Authority’s Red and Purple Line Modernization Program
- Fluor Corporation to Hold Third Quarter Earnings Conference Call
- Fluor Corporation Lead Director Peter Fluor to Retire from Board in April 2020
- Fluor Corporation Announces Strategic Review Results
- Fluor to Host Strategic Review Webcast
This member declared not having a position on this financial instrument or a related financial instrument.
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