VERADIGM INC. - Daily - Technical analysis published on 08/07/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
VERADIGM INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 10.00 USD
My targets
9.48 USD (-2.37%)
8.96 USD (-7.72%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ALLSCRIPTS HEALTHCARE SOLUTIONS as long as the price remains well below 10.00 USD. The sellers” bearish objective is set at 9.48 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8.96 USD. In case of crossing, the next objective would be the support located at 8.64 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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.
Additional analysis
Quotes
The ALLSCRIPTS HEALTHCARE SOLUTIONS rating is 9.71 USD. On the day, this instrument gained +0.10% with the lowest point at 9.56 USD and the highest point at 9.84 USD. The deviation from the price is +1.57% for the low point and -1.32% for the high point.9.56
9.84
9.71
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ALLSCRIPTS HEALTHCARE SOLUTIONS in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
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 | 8.64 | 8.96 | 9.48 | 9.71 | 10.00 | 10.73 | 12.17 |
| Change (%) | -11.02% | -7.72% | -2.37% | - | +2.99% | +10.50% | +25.33% |
| Change | -1.07 | -0.75 | -0.23 | - | +0.29 | +1.02 | +2.46 |
| Level | Minor | Major | Major | - | Major | 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 | 9.16 | 9.34 | 9.52 | 9.70 | 9.88 | 10.06 | 10.24 |
| Camarilla | 9.60 | 9.63 | 9.67 | 9.70 | 9.73 | 9.77 | 9.80 |
| Woodie | 9.16 | 9.34 | 9.52 | 9.70 | 9.88 | 10.06 | 10.24 |
| Fibonacci | 9.34 | 9.48 | 9.56 | 9.70 | 9.84 | 9.92 | 10.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.76 | 9.29 | 9.64 | 10.17 | 10.52 | 11.05 | 11.40 |
| Camarilla | 9.75 | 9.83 | 9.91 | 9.99 | 10.07 | 10.15 | 10.23 |
| Woodie | 8.67 | 9.25 | 9.55 | 10.13 | 10.43 | 11.01 | 11.31 |
| Fibonacci | 9.29 | 9.63 | 9.83 | 10.17 | 10.51 | 10.71 | 11.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.81 | 8.99 | 9.65 | 10.83 | 11.49 | 12.67 | 13.33 |
| Camarilla | 9.79 | 9.96 | 10.13 | 10.30 | 10.47 | 10.64 | 10.81 |
| Woodie | 7.54 | 8.86 | 9.38 | 10.70 | 11.22 | 12.54 | 13.06 |
| Fibonacci | 8.99 | 9.70 | 10.13 | 10.83 | 11.54 | 11.97 | 12.67 |
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): | 26.11 | |
| MACD (12,26,9): | -0.3100 | |
| Directional Movement: | -22.08 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 10.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.36 | |
| Elder Ray (13): | -0.64 | |
| Super Trend (3,10): | 10.80 | |
| Zig ZAG (10): | 9.71 | |
| VORTEX (21): | 0.7200 | |
| Stochastique (14,3,5): | 10.30 | |
| TEMA (21): | 9.85 | |
| Williams %R (14): | -89.20 | |
| Chande Momentum Oscillator (20): | -1.24 | |
| Repulse (5,40,3): | -3.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 21.23 |
| MA7: | 10.13 | |
| MA20: | 10.75 | |
| MA50: | 10.77 | |
| MA100: | 10.36 | |
| MAexp7: | 10.07 | |
| MAexp20: | 10.53 | |
| MAexp50: | 10.67 | |
| MAexp100: | 10.66 | |
| Price / MA7: | -4.15% | |
| Price / MA20: | -9.67% | |
| Price / MA50: | -9.84% | |
| Price / MA100: | -6.27% | |
| Price / MAexp7: | -3.57% | |
| Price / MAexp20: | -7.79% | |
| Price / MAexp50: | -9.00% | |
| Price / MAexp100: | -8.91% |
News
Don"t forget to follow the news on ALLSCRIPTS HEALTHCARE SOLUTIONS. At the time of publication of this analysis, the latest news was as follows:
- RM LAW Announces an Investigation of Allscripts Healthcare Solutions, Inc.
- Consolidated Research: 2019 Summary Expectations for Immunomedics, Allscripts Healthcare Solutions, Viper Energy Partners LP, Virtu Financial, FactSet Research, and MICT — Fundamental Analysis, Key Performance Indications
- Report: Developing Opportunities within Allscripts Healthcare Solutions, Jones Lang LaSalle, VOXX International, Wolverine World Wide, Verso, and Zoe's Kitchen — Future Expectations, Projections Moving into 2018
- Analysis: Positioning to Benefit within Biglari, Trustmark, Allscripts Healthcare Solutions, Agios Pharmaceuticals, Roadrunner Transportation, and OSI — Research Highlights Growth, Revenue, and Consolidated Results
- Market Trends Toward New Normal in Dynavax Technologies, Synergy Resources, Allscripts Healthcare Solutions, Plug Power, GameStop, and Newfield Exploration — Emerging Consolidated Expectations, Analyst Ratings
This member declared not having a position on this financial instrument or a related financial instrument.
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