DUTCH BROS INC. CLASS A - Daily - Technical analysis published on 04/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 50.53 USD
My targets
46.21 USD (-4.01%)
41.44 USD (-13.92%)
My analysis
In the short term, we can see an acceleration in the bearish trend on DUTCH BROS INC. CLASS A, which is a positive signal for sellers. As long as the price remains above 50.53 USD, a sale could be considered. The first bearish objective is located at 46.21 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 41.44 USD as an objective. If the price were to return above 50.53 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DUTCH BROS INC. CLASS A rating is 48.14 USD. The price registered an increase of +2.43% on the session with the lowest point at 46.00 USD and the highest point at 49.15 USD. The deviation from the price is +4.65% for the low point and -2.05% for the high point.46.00
49.15
48.14
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DUTCH BROS INC. CLASS A chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 41.44 | 46.21 | 48.14 | 50.53 | 58.61 | 67.78 |
Change (%) | -13.92% | -4.01% | - | +4.96% | +21.75% | +40.80% |
Change | -6.70 | -1.93 | - | +2.39 | +10.47 | +19.64 |
Level | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 43.23 | 44.61 | 46.38 | 47.76 | 49.53 | 50.91 | 52.68 |
Camarilla | 47.27 | 47.56 | 47.85 | 48.14 | 48.43 | 48.72 | 49.01 |
Woodie | 43.42 | 44.71 | 46.57 | 47.86 | 49.72 | 51.01 | 52.87 |
Fibonacci | 44.61 | 45.82 | 46.56 | 47.76 | 48.97 | 49.71 | 50.91 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 41.64 | 45.92 | 48.55 | 52.83 | 55.46 | 59.74 | 62.37 |
Camarilla | 49.29 | 49.92 | 50.56 | 51.19 | 51.82 | 52.46 | 53.09 |
Woodie | 40.83 | 45.51 | 47.74 | 52.42 | 54.65 | 59.33 | 61.56 |
Fibonacci | 45.92 | 48.56 | 50.19 | 52.83 | 55.47 | 57.10 | 59.74 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 21.10 | 32.22 | 43.75 | 54.87 | 66.40 | 77.52 | 89.05 |
Camarilla | 49.04 | 51.12 | 53.19 | 55.27 | 57.35 | 59.42 | 61.50 |
Woodie | 21.30 | 32.32 | 43.95 | 54.97 | 66.60 | 77.62 | 89.25 |
Fibonacci | 32.22 | 40.88 | 46.22 | 54.87 | 63.53 | 68.87 | 77.52 |
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): | 41.57 | |
MACD (12,26,9): | -1.3000 | |
Directional Movement: | -10.95 | |
AROON (14): | -35.71 | |
DEMA (21): | 50.58 | |
Parabolic SAR (0,02-0,02-0,2): | 56.65 | |
Elder Ray (13): | -3.48 | |
Super Trend (3,10): | 58.32 | |
Zig ZAG (10): | 48.14 | |
VORTEX (21): | 0.8600 | |
Stochastique (14,3,5): | 13.47 | |
TEMA (21): | 48.96 | |
Williams %R (14): | -79.47 | |
Chande Momentum Oscillator (20): | -4.17 | |
Repulse (5,40,3): | -6.4100 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1300 | |
Courbe Coppock: | 14.15 |
MA7: | 50.34 | |
MA20: | 52.41 | |
MA50: | 52.11 | |
MA100: | 51.06 | |
MAexp7: | 49.72 | |
MAexp20: | 51.86 | |
MAexp50: | 52.35 | |
MAexp100: | 52.68 | |
Price / MA7: | -4.37% | |
Price / MA20: | -8.15% | |
Price / MA50: | -7.62% | |
Price / MA100: | -5.72% | |
Price / MAexp7: | -3.18% | |
Price / MAexp20: | -7.17% | |
Price / MAexp50: | -8.04% | |
Price / MAexp100: | -8.62% |
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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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