INTERFACE INC. - Daily - Technical analysis published on 02/13/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
44%
6%
50%
My opinion
Bearish under 17.36 USD
My targets
16.07 USD (-1.89%)
14.98 USD (-8.55%)
My analysis
The strong short-term decrease of INTERFACE INC. should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 17.36 USD, a sale could be considered. The first bearish objective is located at 16.07 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 14.98 USD. If there is any crossing, the next objective would be support 13.62 USD. Caution, if there is a return to above 17.36 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0.2
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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 INTERFACE INC. rating is 16.38 USD. On the day, this instrument lost -0.67% and was traded between 16.30 USD and 16.52 USD over the period. The price is currently at +0.49% from its lowest and -0.85% from its highest.16.30
16.52
16.38
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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 (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of INTERFACE INC. indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : Daily
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 | 13.62 | 14.98 | 16.07 | 16.38 | 17.36 | 19.17 | 21.93 |
| Change (%) | -16.85% | -8.55% | -1.89% | - | +5.98% | +17.03% | +33.88% |
| Change | -2.76 | -1.40 | -0.31 | - | +0.98 | +2.79 | +5.55 |
| Level | Major | Major | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.83 | 16.02 | 16.26 | 16.45 | 16.69 | 16.88 | 17.12 |
| Camarilla | 16.37 | 16.41 | 16.45 | 16.49 | 16.53 | 16.57 | 16.61 |
| Woodie | 15.85 | 16.03 | 16.28 | 16.46 | 16.71 | 16.89 | 17.14 |
| Fibonacci | 16.02 | 16.19 | 16.29 | 16.45 | 16.62 | 16.72 | 16.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.76 | 15.34 | 15.71 | 16.29 | 16.66 | 17.24 | 17.61 |
| Camarilla | 15.83 | 15.92 | 16.00 | 16.09 | 16.18 | 16.26 | 16.35 |
| Woodie | 14.67 | 15.29 | 15.62 | 16.24 | 16.57 | 17.19 | 17.52 |
| Fibonacci | 15.34 | 15.70 | 15.92 | 16.29 | 16.65 | 16.87 | 17.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.84 | 14.89 | 15.48 | 16.53 | 17.12 | 18.17 | 18.76 |
| Camarilla | 15.63 | 15.78 | 15.93 | 16.08 | 16.23 | 16.38 | 16.53 |
| Woodie | 13.62 | 14.78 | 15.26 | 16.42 | 16.90 | 18.06 | 18.54 |
| Fibonacci | 14.89 | 15.51 | 15.90 | 16.53 | 17.15 | 17.54 | 18.17 |
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): | 48.62 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -1.28 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 16.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.87 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 17.39 | |
| Zig ZAG (10): | 16.38 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 60.94 | |
| TEMA (21): | 16.35 | |
| Williams %R (14): | -48.48 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.75 |
| MA7: | 16.44 | |
| MA20: | 16.48 | |
| MA50: | 16.63 | |
| MA100: | 16.07 | |
| MAexp7: | 16.41 | |
| MAexp20: | 16.44 | |
| MAexp50: | 16.41 | |
| MAexp100: | 16.01 | |
| Price / MA7: | -0.36% | |
| Price / MA20: | -0.61% | |
| Price / MA50: | -1.50% | |
| Price / MA100: | +1.93% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | -0.18% | |
| Price / MAexp100: | +2.31% |
This member declared not having a position on this financial instrument or a related financial instrument.
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