FLOOR & DECOR HLD. - Daily - Technical analysis published on 11/09/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
33%
22%
My opinion
Bearish under 83.61 USD
My targets
78.99 USD (-1.74%)
68.55 USD (-14.72%)
My analysis
The bearish trend is currently very strong for FLOOR & DECOR HLD.. As long as the price remains below the resistance at 83.61 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 78.99 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 68.55 USD as an objective. Crossing it would then enable sellers to target 61.19 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FLOOR & DECOR HLD. rating 80.39 USD. The price registered an increase of +1.17% on the session and was between 78.59 USD and 81.24 USD. This implies that the price is at +2.29% from its lowest and at -1.05% from its highest.78.59
81.24
80.39
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on FLOOR & DECOR HLD. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of FLOOR & DECOR HLD. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 4 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.04 | 61.19 | 78.99 | 80.39 | 88.44 | 95.79 | 100.48 |
| Change (%) | -66.36% | -23.88% | -1.74% | - | +10.01% | +19.16% | +24.99% |
| Change | -53.35 | -19.20 | -1.40 | - | +8.05 | +15.40 | +20.09 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.26 | 77.42 | 78.91 | 80.07 | 81.56 | 82.72 | 84.21 |
| Camarilla | 79.66 | 79.90 | 80.15 | 80.39 | 80.63 | 80.88 | 81.12 |
| Woodie | 76.42 | 77.50 | 79.07 | 80.15 | 81.72 | 82.80 | 84.37 |
| Fibonacci | 77.42 | 78.44 | 79.06 | 80.07 | 81.09 | 81.71 | 82.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 66.67 | 71.61 | 76.18 | 81.12 | 85.69 | 90.63 | 95.20 |
| Camarilla | 78.14 | 79.01 | 79.88 | 80.75 | 81.62 | 82.49 | 83.37 |
| Woodie | 66.49 | 71.52 | 76.00 | 81.03 | 85.51 | 90.54 | 95.02 |
| Fibonacci | 71.61 | 75.24 | 77.49 | 81.12 | 84.75 | 87.00 | 90.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.42 | 68.55 | 75.48 | 83.61 | 90.54 | 98.67 | 105.60 |
| Camarilla | 78.26 | 79.64 | 81.02 | 82.40 | 83.78 | 85.16 | 86.54 |
| Woodie | 59.81 | 68.25 | 74.87 | 83.31 | 89.93 | 98.37 | 104.99 |
| Fibonacci | 68.55 | 74.31 | 77.86 | 83.61 | 89.37 | 92.92 | 98.67 |
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): | 43.02 | |
| MACD (12,26,9): | -2.2800 | |
| Directional Movement: | -7.17 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 78.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 85.29 | |
| Elder Ray (13): | -1.25 | |
| Super Trend (3,10): | 86.55 | |
| Zig ZAG (10): | 80.39 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 27.77 | |
| TEMA (21): | 79.45 | |
| Williams %R (14): | -58.09 | |
| Chande Momentum Oscillator (20): | -1.81 | |
| Repulse (5,40,3): | 1.4100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4300 | |
| Courbe Coppock: | 8.15 |
| MA7: | 81.24 | |
| MA20: | 81.68 | |
| MA50: | 87.97 | |
| MA100: | 96.44 | |
| MAexp7: | 80.47 | |
| MAexp20: | 82.25 | |
| MAexp50: | 87.25 | |
| MAexp100: | 91.18 | |
| Price / MA7: | -1.05% | |
| Price / MA20: | -1.58% | |
| Price / MA50: | -8.62% | |
| Price / MA100: | -16.64% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -2.26% | |
| Price / MAexp50: | -7.86% | |
| Price / MAexp100: | -11.83% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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