FOOT LOCKER INC. - 15 min. - Technical analysis published on 02/01/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 43.89 USD
My targets
45.01 USD (+0.24%)
48.46 USD (+7.93%)
My analysis
The bullish trend is currently very strong on FOOT LOCKER INC.. As long as the price remains above the support at 43.89 USD, you could try to benefit from the boom. The first bullish objective is located at 45.01 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 48.46 USD as an objective. Crossing it would then enable buyers to target 50.66 USD. 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
8.6
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Additional analysis
Quotes
The FOOT LOCKER INC. rating is 44.90 USD. The price has increased by +3.20% since the last closing with the lowest point at 44.16 USD and the highest point at 45.20 USD. The deviation from the price is +1.68% for the low point and -0.66% for the high point.44.16
45.20
44.90
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FOOT LOCKER INC.:
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
Technical analysis of FOOT LOCKER INC. in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 39.61 | 42.16 | 44.11 | 44.90 | 50.66 | 56.50 | 61.40 |
| Change (%) | -11.78% | -6.10% | -1.76% | - | +12.83% | +25.84% | +36.75% |
| Change | -5.29 | -2.74 | -0.79 | - | +5.76 | +11.60 | +16.50 |
| Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 | 41.65 | 42.02 | 42.77 | 43.14 | 43.89 | 44.26 | 45.01 |
| Camarilla | 43.20 | 43.31 | 43.41 | 43.51 | 43.61 | 43.72 | 43.82 |
| Woodie | 41.83 | 42.12 | 42.95 | 43.24 | 44.07 | 44.36 | 45.19 |
| Fibonacci | 42.02 | 42.45 | 42.72 | 43.14 | 43.57 | 43.84 | 44.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.04 | 35.28 | 39.63 | 41.87 | 46.22 | 48.46 | 52.81 |
| Camarilla | 42.17 | 42.77 | 43.38 | 43.98 | 44.58 | 45.19 | 45.79 |
| Woodie | 34.10 | 35.81 | 40.69 | 42.40 | 47.28 | 48.99 | 53.87 |
| Fibonacci | 35.28 | 37.80 | 39.35 | 41.87 | 44.39 | 45.94 | 48.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.26 | 33.95 | 38.73 | 41.42 | 46.20 | 48.89 | 53.67 |
| Camarilla | 41.46 | 42.14 | 42.83 | 43.51 | 44.20 | 44.88 | 45.56 |
| Woodie | 32.31 | 34.47 | 39.78 | 41.94 | 47.25 | 49.41 | 54.72 |
| Fibonacci | 33.95 | 36.80 | 38.57 | 41.42 | 44.27 | 46.04 | 48.89 |
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): | 73.98 | |
| MACD (12,26,9): | 0.3800 | |
| Directional Movement: | 32.97 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 44.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.51 | |
| Elder Ray (13): | 0.51 | |
| Super Trend (3,10): | 43.59 | |
| Zig ZAG (10): | 44.41 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 71.23 | |
| TEMA (21): | 44.46 | |
| Williams %R (14): | -32.48 | |
| Chande Momentum Oscillator (20): | 1.43 | |
| Repulse (5,40,3): | -0.6700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 5.08 |
| MA7: | 42.56 | |
| MA20: | 39.99 | |
| MA50: | 38.07 | |
| MA100: | 35.43 | |
| MAexp7: | 44.25 | |
| MAexp20: | 43.76 | |
| MAexp50: | 43.35 | |
| MAexp100: | 42.79 | |
| Price / MA7: | +5.50% | |
| Price / MA20: | +12.28% | |
| Price / MA50: | +17.94% | |
| Price / MA100: | +26.73% | |
| Price / MAexp7: | +1.47% | |
| Price / MAexp20: | +2.61% | |
| Price / MAexp50: | +3.58% | |
| Price / MAexp100: | +4.93% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on FOOT LOCKER INC.. At the time of publication of this analysis, the latest news was as follows:
- FOOT LOCKER, INC. ANNOUNCES LEADERSHIP TEAM CHANGES
- Thinking about buying stock in IVERIC bio, StoneCo, Twist Bioscience, Gap, or Foot Locker?
- FOOT LOCKER, INC. REPORTS 2022 THIRD QUARTER RESULTS; UPDATES 2022 OUTLOOK
- Foot Locker, Inc. Opens New, State-of-the-Art Distribution Center
- FOOT LOCKER, INC. DECLARES QUARTERLY DIVIDEND OF $0.40 PER SHARE
This member declared not having a position on this financial instrument or a related financial instrument.
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