WARRIOR MET COAL INC. - Daily - Technical analysis published on 10/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 20.09 USD
My targets
18.95 USD (-1.76%)
16.90 USD (-12.39%)
My analysis
WARRIOR MET COAL INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 20.09 USD. The next support located at 18.95 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 16.90 USD. Below this support, sellers could then target 15.49 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WARRIOR MET COAL INC. rating is 19.29 USD. The price registered an increase of +0.00% on the session and was traded between 18.84 USD and 19.63 USD over the period. The price is currently at +2.39% from its lowest and -1.73% from its highest.18.84
19.63
19.29
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WARRIOR MET COAL INC.:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Daily chart of WARRIOR MET COAL INC. indicates that the overall trend is strongly bearish. 92.86% 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 market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Dark cloud cover
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.49 | 16.90 | 18.95 | 19.29 | 20.09 | 21.17 | 23.01 |
| Change (%) | -19.70% | -12.39% | -1.76% | - | +4.15% | +9.75% | +19.28% |
| Change | -3.80 | -2.39 | -0.34 | - | +0.80 | +1.88 | +3.72 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.30 | 18.19 | 18.74 | 19.63 | 20.18 | 21.07 | 21.62 |
| Camarilla | 18.89 | 19.03 | 19.16 | 19.29 | 19.42 | 19.55 | 19.69 |
| Woodie | 17.13 | 18.11 | 18.57 | 19.55 | 20.01 | 20.99 | 21.45 |
| Fibonacci | 18.19 | 18.74 | 19.08 | 19.63 | 20.18 | 20.52 | 21.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.56 | 17.66 | 18.49 | 19.59 | 20.42 | 21.52 | 22.35 |
| Camarilla | 18.80 | 18.98 | 19.15 | 19.33 | 19.51 | 19.68 | 19.86 |
| Woodie | 16.44 | 17.59 | 18.37 | 19.52 | 20.30 | 21.45 | 22.23 |
| Fibonacci | 17.66 | 18.39 | 18.85 | 19.59 | 20.32 | 20.78 | 21.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.49 | 16.12 | 17.82 | 20.45 | 22.15 | 24.78 | 26.48 |
| Camarilla | 18.33 | 18.73 | 19.12 | 19.52 | 19.92 | 20.31 | 20.71 |
| Woodie | 13.03 | 15.89 | 17.36 | 20.22 | 21.69 | 24.55 | 26.02 |
| Fibonacci | 16.12 | 17.77 | 18.80 | 20.45 | 22.10 | 23.13 | 24.78 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 37.89 | |
| MACD (12,26,9): | -0.6600 | |
| Directional Movement: | -7.04 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 19.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.25 | |
| Elder Ray (13): | -0.75 | |
| Super Trend (3,10): | 22.17 | |
| Zig ZAG (10): | 19.29 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 14.24 | |
| TEMA (21): | 19.36 | |
| Williams %R (14): | -87.53 | |
| Chande Momentum Oscillator (20): | -3.72 | |
| Repulse (5,40,3): | -1.5400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3000 | |
| Courbe Coppock: | 23.24 |
| MA7: | 19.33 | |
| MA20: | 20.80 | |
| MA50: | 21.31 | |
| MA100: | 23.80 | |
| MAexp7: | 19.55 | |
| MAexp20: | 20.32 | |
| MAexp50: | 21.56 | |
| MAexp100: | 23.21 | |
| Price / MA7: | -0.21% | |
| Price / MA20: | -7.26% | |
| Price / MA50: | -9.48% | |
| Price / MA100: | -18.95% | |
| Price / MAexp7: | -1.33% | |
| Price / MAexp20: | -5.07% | |
| Price / MAexp50: | -10.53% | |
| Price / MAexp100: | -16.89% |
News
The latest news and videos published on WARRIOR MET COAL INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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