CADENCE BANK - Daily - Technical analysis published on 11/29/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 16.30 USD and 18.05 USD
My targets
-
My analysis
The short-term increase on CADENCE BANCORP. remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 18.05 USD. The first support is located at 16.30 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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 CADENCE BANCORP. price is 16.44 USD. On the day, this instrument gained +0.92% and was traded between 16.22 USD and 16.49 USD over the period. The price is currently at +1.36% from its lowest and -0.30% from its highest.16.22
16.49
16.44
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CADENCE BANCORP.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CADENCE BANCORP. chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a strong 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 : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 14.82 | 16.30 | 16.44 | 18.05 | 20.79 | 23.04 |
| Change (%) | -9.85% | -0.85% | - | +9.79% | +26.46% | +40.15% |
| Change | -1.62 | -0.14 | - | +1.61 | +4.35 | +6.60 |
| Level | Intermediate | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.91 | 16.08 | 16.18 | 16.35 | 16.45 | 16.62 | 16.72 |
| Camarilla | 16.22 | 16.24 | 16.27 | 16.29 | 16.32 | 16.34 | 16.36 |
| Woodie | 15.89 | 16.06 | 16.16 | 16.33 | 16.43 | 16.60 | 16.70 |
| Fibonacci | 16.08 | 16.18 | 16.24 | 16.35 | 16.45 | 16.51 | 16.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.25 | 15.51 | 15.84 | 16.10 | 16.44 | 16.69 | 17.03 |
| Camarilla | 16.02 | 16.07 | 16.13 | 16.18 | 16.23 | 16.29 | 16.34 |
| Woodie | 15.29 | 15.53 | 15.88 | 16.12 | 16.48 | 16.71 | 17.07 |
| Fibonacci | 15.51 | 15.73 | 15.87 | 16.10 | 16.33 | 16.47 | 16.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.10 | 13.04 | 14.13 | 16.08 | 17.16 | 19.11 | 20.19 |
| Camarilla | 14.38 | 14.65 | 14.93 | 15.21 | 15.49 | 15.77 | 16.04 |
| Woodie | 10.66 | 12.83 | 13.70 | 15.86 | 16.73 | 18.89 | 19.76 |
| Fibonacci | 13.04 | 14.20 | 14.92 | 16.08 | 17.23 | 17.95 | 19.11 |
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): | 54.08 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 1.77 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 16.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.28 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 16.94 | |
| Zig ZAG (10): | 16.44 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 68.08 | |
| TEMA (21): | 16.23 | |
| Williams %R (14): | -9.38 | |
| Chande Momentum Oscillator (20): | 0.22 | |
| Repulse (5,40,3): | 1.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 2.52 |
| MA7: | 16.17 | |
| MA20: | 16.11 | |
| MA50: | 16.50 | |
| MA100: | 16.42 | |
| MAexp7: | 16.25 | |
| MAexp20: | 16.20 | |
| MAexp50: | 16.35 | |
| MAexp100: | 16.78 | |
| Price / MA7: | +1.67% | |
| Price / MA20: | +2.05% | |
| Price / MA50: | -0.36% | |
| Price / MA100: | +0.12% | |
| Price / MAexp7: | +1.17% | |
| Price / MAexp20: | +1.48% | |
| Price / MAexp50: | +0.55% | |
| Price / MAexp100: | -2.03% |
This member declared not having a position on this financial instrument or a related financial instrument.
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