HENRY SCHEIN INC. - Daily - Technical analysis published on 07/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 69.25 USD
My targets
73.52 USD (+4.25%)
79.45 USD (+12.66%)
My analysis
The basic bullish trend is very strong on HENRY SCHEIN INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 69.25 USD. Crossing the first resistance at 73.52 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 79.45 USD as an objective. Crossing it would then enable buyers to target 90.40 USD. Caution, a return to below 69.25 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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 HENRY SCHEIN INC. rating is 70.52 USD. The price has increased by +1.86% since the last closing and was between 69.30 USD and 70.75 USD. This implies that the price is at +1.76% from its lowest and at -0.33% from its highest.69.30
70.75
70.52
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HENRY SCHEIN INC.:
Technical
Technical analysis of HENRY SCHEIN INC. in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. 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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 63.71 | 66.50 | 69.25 | 70.52 | 73.52 | 79.45 | 90.40 |
| Change (%) | -9.66% | -5.70% | -1.80% | - | +4.25% | +12.66% | +28.19% |
| Change | -6.81 | -4.02 | -1.27 | - | +3.00 | +8.93 | +19.88 |
| Level | Major | Intermediate | Intermediate | - | Major | 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 | 68.05 | 68.33 | 68.62 | 68.90 | 69.18 | 69.46 | 69.75 |
| Camarilla | 68.75 | 68.80 | 68.85 | 68.90 | 68.95 | 69.00 | 69.06 |
| Woodie | 68.05 | 68.33 | 68.62 | 68.90 | 69.18 | 69.46 | 69.75 |
| Fibonacci | 68.33 | 68.55 | 68.68 | 68.90 | 69.11 | 69.24 | 69.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.22 | 66.15 | 67.65 | 69.58 | 71.08 | 73.01 | 74.51 |
| Camarilla | 68.22 | 68.53 | 68.85 | 69.16 | 69.47 | 69.79 | 70.10 |
| Woodie | 64.02 | 66.04 | 67.45 | 69.47 | 70.88 | 72.90 | 74.31 |
| Fibonacci | 66.15 | 67.46 | 68.27 | 69.58 | 70.89 | 71.70 | 73.01 |
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): | 51.18 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 3.07 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 69.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 71.08 | |
| Elder Ray (13): | -0.18 | |
| Super Trend (3,10): | 68.31 | |
| Zig ZAG (10): | 69.23 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 20.97 | |
| TEMA (21): | 69.12 | |
| Williams %R (14): | -73.93 | |
| Chande Momentum Oscillator (20): | -0.65 | |
| Repulse (5,40,3): | 0.3700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 5.10 |
| MA7: | 69.22 | |
| MA20: | 70.08 | |
| MA50: | 68.16 | |
| MA100: | 64.38 | |
| MAexp7: | 69.41 | |
| MAexp20: | 69.31 | |
| MAexp50: | 68.16 | |
| MAexp100: | 68.15 | |
| Price / MA7: | +1.88% | |
| Price / MA20: | +0.63% | |
| Price / MA50: | +3.46% | |
| Price / MA100: | +9.54% | |
| Price / MAexp7: | +1.60% | |
| Price / MAexp20: | +1.75% | |
| Price / MAexp50: | +3.46% | |
| Price / MAexp100: | +3.48% |
News
The last news published on HENRY SCHEIN INC. at the time of the generation of this analysis was as follows:
- Henry Schein To Expand Its Medical Group With Acquisition Of North American Rescue
- Henry Schein Ranks First In Its Industry On List Of FORTUNE's 'World's Most Admired Companies'
-
Lots of opportunity in telemedicine: Henry Schein CEO
- Henry Schein Announces New Distribution Date And Anticipated When-Issued Trading Market For Spin-Off Of Animal Health Business
- Henry Schein Announces Record Date, Distribution Date And Anticipated When-Issued Trading Market For Spin-Off Of Animal Health Business
This member declared not having a position on this financial instrument or a related financial instrument.
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