PEABODY ENERGY CORP. - Daily - Technical analysis published on 10/29/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 18.75 USD
My targets
15.97 USD (-0.44%)
14.07 USD (-12.28%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on PEABODY ENERGY CORP.. As long as you are under the resistance located at 18.75 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 15.97 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 14.07 USD as an objective. If the resistance 18.75 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
0.9
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PEABODY ENERGY CORP. rating is 16.04 USD. On the day, this instrument gained +1.78% and was between 15.77 USD and 16.40 USD. This implies that the price is at +1.71% from its lowest and at -2.20% from its highest.15.77
16.40
16.04
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PEABODY ENERGY CORP. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 14.07 | 15.97 | 16.04 | 18.75 | 21.74 | 27.20 |
Change (%) | -12.28% | -0.44% | - | +16.90% | +35.54% | +69.58% |
Change | -1.97 | -0.07 | - | +2.71 | +5.70 | +11.16 |
Level | Major | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14.42 | 14.84 | 15.23 | 15.64 | 16.03 | 16.45 | 16.83 |
Camarilla | 15.39 | 15.47 | 15.54 | 15.61 | 15.69 | 15.76 | 15.83 |
Woodie | 14.41 | 14.83 | 15.21 | 15.64 | 16.01 | 16.44 | 16.82 |
Fibonacci | 14.84 | 15.15 | 15.34 | 15.64 | 15.95 | 16.14 | 16.45 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.46 | 14.29 | 14.95 | 15.77 | 16.44 | 17.26 | 17.92 |
Camarilla | 15.20 | 15.34 | 15.48 | 15.61 | 15.75 | 15.89 | 16.02 |
Woodie | 13.38 | 14.25 | 14.87 | 15.73 | 16.36 | 17.22 | 17.84 |
Fibonacci | 14.29 | 14.85 | 15.20 | 15.77 | 16.34 | 16.69 | 17.26 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 7.69 | 10.88 | 12.73 | 15.92 | 17.77 | 20.96 | 22.82 |
Camarilla | 13.20 | 13.66 | 14.12 | 14.58 | 15.05 | 15.51 | 15.97 |
Woodie | 7.02 | 10.54 | 12.06 | 15.59 | 17.10 | 20.63 | 22.15 |
Fibonacci | 10.88 | 12.80 | 13.99 | 15.92 | 17.85 | 19.04 | 20.96 |
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): | 53.84 | |
MACD (12,26,9): | -0.0900 | |
Directional Movement: | 3.54 | |
AROON (14): | 78.57 | |
DEMA (21): | 15.26 | |
Parabolic SAR (0,02-0,02-0,2): | 14.93 | |
Elder Ray (13): | 0.55 | |
Super Trend (3,10): | 16.31 | |
Zig ZAG (10): | 16.04 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 70.21 | |
TEMA (21): | 15.80 | |
Williams %R (14): | -21.65 | |
Chande Momentum Oscillator (20): | 1.42 | |
Repulse (5,40,3): | -0.4200 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.2900 | |
Courbe Coppock: | 17.76 |
MA7: | 15.65 | |
MA20: | 15.09 | |
MA50: | 16.38 | |
MA100: | 18.95 | |
MAexp7: | 15.71 | |
MAexp20: | 15.54 | |
MAexp50: | 16.56 | |
MAexp100: | 18.79 | |
Price / MA7: | +2.49% | |
Price / MA20: | +6.30% | |
Price / MA50: | -2.08% | |
Price / MA100: | -15.36% | |
Price / MAexp7: | +2.10% | |
Price / MAexp20: | +3.22% | |
Price / MAexp50: | -3.14% | |
Price / MAexp100: | -14.64% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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