HENRY SCHEIN INC.
HENRY SCHEIN INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
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Type: Stocks
Ticker: HSIC
ISIN:

HENRY SCHEIN INC. - Daily - Technical analysis published on 11/12/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 65.84 USD
My targets
68.88 USD (+2.20%)
71.97 USD (+6.78%)
My analysis
HENRY SCHEIN INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 65.84 USD. The next resistance located at 68.88 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 71.97 USD. After this resistance, buyers could then target 79.45 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.1

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:
15 min. 1H Weekly

Additional analysis

Quotes

HENRY SCHEIN INC. rating 67.40 USD. The price is lower by -2.19% since the last closing and was between 66.96 USD and 68.74 USD. This implies that the price is at +0.66% from its lowest and at -1.95% from its highest.

66.96
68.74
67.40

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by HENRY SCHEIN INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of HENRY SCHEIN INC. in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of triangle

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : Daily


Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 57.40 63.84 65.84 67.40 68.88 71.97 79.45
Change (%) -14.84% -5.28% -2.31% - +2.20% +6.78% +17.88%
Change -10.00 -3.56 -1.56 - +1.48 +4.57 +12.05
Level Major Major Minor - Major Major 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
Standard67.5467.8268.3668.6469.1869.4670.00
Camarilla68.6868.7668.8468.9168.9969.0669.14
Woodie67.6867.8968.5068.7169.3269.5370.14
Fibonacci67.8268.1368.3268.6468.9569.1469.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard57.8760.6564.7867.5671.6974.4778.60
Camarilla67.0167.6468.2868.9169.5470.1870.81
Woodie58.5560.9965.4667.9072.3774.8179.28
Fibonacci60.6563.2964.9267.5670.2071.8374.47


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard57.6059.2760.9362.5964.2565.9267.58
Camarilla61.6761.9862.2862.5962.8963.2063.50
Woodie57.6059.2760.9262.5964.2565.9267.57
Fibonacci59.2760.5461.3262.5963.8664.6565.92

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.72
MACD (12,26,9): 1.4500
Directional Movement: 17.14
AROON (14): 64.28
DEMA (21): 66.63
Parabolic SAR (0,02-0,02-0,2): 64.27
Elder Ray (13): 1.97
Super Trend (3,10): 64.38
Zig ZAG (10): 67.40
VORTEX (21): 1.1000
Stochastique (14,3,5): 76.90
TEMA (21): 67.89
Williams %R (14): -34.13
Chande Momentum Oscillator (20): 5.46
Repulse (5,40,3): 0.4000
ROCnROLL: 1
TRIX (15,9): 0.1800
Courbe Coppock: 14.33
MA7: 67.20
MA20: 64.23
MA50: 63.31
MA100: 64.60
MAexp7: 67.11
MAexp20: 65.04
MAexp50: 64.01
MAexp100: 64.49
Price / MA7: +0.30%
Price / MA20: +4.94%
Price / MA50: +6.46%
Price / MA100: +4.33%
Price / MAexp7: +0.43%
Price / MAexp20: +3.63%
Price / MAexp50: +5.30%
Price / MAexp100: +4.51%

This member declared not having a position on this financial instrument or a related financial instrument.

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