GEO GROUP INC THE REIT

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	GEO
ISIN:

GEO GROUP INC THE REIT - Daily - Technical analysis published on 01/21/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 15.19 USD

My targets

16.46 USD (+2.24%)

17.80 USD (+10.56%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on GEO GROUP INC THE REIT as long as the price remains well above 15.19 USD. The buyers” bullish objective is set at 16.46 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 17.80 USD. If there is any crossing, the next objective would be the resistance located at 19.68 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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

3.9

Comment on the analysis

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

The GEO GROUP INC THE REIT rating is 16.10 USD. The price registered an increase of -1.53% on the session with the lowest point at 16.06 USD and the highest point at 16.55 USD. The deviation from the price is +0.25% for the low point and -2.72% for the high point.

16.06

16.55

16.10

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GEO GROUP INC THE REIT:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GEO GROUP INC THE REIT indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

White gravestone / inverted hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.45	13.01	15.19	16.10	16.46	17.80	19.68
Change (%)	-53.73%	-19.19%	-5.65%	-	+2.24%	+10.56%	+22.24%
Change	-8.65	-3.09	-0.91	-	+0.36	+1.70	+3.58
Level	Minor	Major	Major	-	Major	Intermediate	Minor

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	15.72	15.97	16.16	16.40	16.59	16.84	17.03
Camarilla	16.23	16.27	16.31	16.35	16.39	16.43	16.47
Woodie	15.70	15.95	16.13	16.39	16.57	16.82	17.00
Fibonacci	15.97	16.13	16.24	16.40	16.57	16.67	16.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.00	14.56	14.94	15.50	15.88	16.44	16.82
Camarilla	15.06	15.15	15.23	15.32	15.41	15.49	15.58
Woodie	13.91	14.52	14.85	15.45	15.79	16.39	16.73
Fibonacci	14.56	14.92	15.14	15.50	15.86	16.08	16.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.23	11.76	14.18	15.71	18.13	19.66	22.08
Camarilla	15.52	15.89	16.25	16.61	16.97	17.33	17.70
Woodie	10.69	11.98	14.64	15.93	18.59	19.88	22.54
Fibonacci	11.76	13.27	14.20	15.71	17.22	18.15	19.66

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):	56.18
MACD (12,26,9):	0.2000
Directional Movement:	10.43
AROON (14):	-64.29
DEMA (21):	16.15
Parabolic SAR (0,02-0,02-0,2):	15.21
Elder Ray (13):	0.37
Super Trend (3,10):	16.55
Zig ZAG (10):	16.10
VORTEX (21):	1.0500
Stochastique (14,3,5):	52.70
TEMA (21):	16.15
Williams %R (14):	-46.15
Chande Momentum Oscillator (20):	-0.51
Repulse (5,40,3):	-2.1300
ROCnROLL:	1
TRIX (15,9):	0.2800
Courbe Coppock:	8.69

MA7:	15.81
MA20:	16.20
MA50:	15.10
MA100:	15.64
MAexp7:	15.99
MAexp20:	15.84
MAexp50:	15.57
MAexp100:	15.90
Price / MA7:	+1.83%
Price / MA20:	-0.62%
Price / MA50:	+6.62%
Price / MA100:	+2.94%
Price / MAexp7:	+0.69%
Price / MAexp20:	+1.64%
Price / MAexp50:	+3.40%
Price / MAexp100:	+1.26%

News

The last news published on GEO GROUP INC THE REIT at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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