LANDSTAR SYSTEM INC. - Daily - Technical analysis published on 12/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
67%
6%
28%
My opinion
Neutral between 108.73 USD and 116.10 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 116.10 USD. The first support is located at 108.73 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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
LANDSTAR SYSTEM INC. rating 112.37 USD. The price has increased by +1.59% since the last closing with the lowest point at 111.36 USD and the highest point at 112.62 USD. The deviation from the price is +0.91% for the low point and -0.22% for the high point.111.36
112.62
112.37
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of LANDSTAR SYSTEM INC. in Daily shows an overall slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
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 | 104.64 | 108.73 | 111.30 | 112.37 | 113.97 | 116.10 | 118.48 |
| Change (%) | -6.88% | -3.24% | -0.95% | - | +1.42% | +3.32% | +5.44% |
| Change | -7.73 | -3.64 | -1.07 | - | +1.60 | +3.73 | +6.11 |
| Level | Major | Major | Intermediate | - | Major | Major | 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 | 108.70 | 109.28 | 109.94 | 110.52 | 111.18 | 111.76 | 112.42 |
| Camarilla | 110.27 | 110.38 | 110.50 | 110.61 | 110.72 | 110.84 | 110.95 |
| Woodie | 108.75 | 109.30 | 109.99 | 110.54 | 111.23 | 111.78 | 112.47 |
| Fibonacci | 109.28 | 109.75 | 110.04 | 110.52 | 110.99 | 111.28 | 111.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.38 | 105.70 | 107.87 | 110.19 | 112.36 | 114.68 | 116.85 |
| Camarilla | 108.80 | 109.21 | 109.62 | 110.03 | 110.44 | 110.85 | 111.27 |
| Woodie | 103.30 | 105.66 | 107.79 | 110.15 | 112.28 | 114.64 | 116.77 |
| Fibonacci | 105.70 | 107.42 | 108.48 | 110.19 | 111.91 | 112.97 | 114.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 98.44 | 104.40 | 107.90 | 113.86 | 117.36 | 123.32 | 126.82 |
| Camarilla | 108.81 | 109.68 | 110.54 | 111.41 | 112.28 | 113.14 | 114.01 |
| Woodie | 97.22 | 103.79 | 106.68 | 113.25 | 116.14 | 122.71 | 125.60 |
| Fibonacci | 104.40 | 108.01 | 110.24 | 113.86 | 117.47 | 119.70 | 123.32 |
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): | -0.8700 | |
| Directional Movement: | 0.65 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 110.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 108.17 | |
| Elder Ray (13): | 0.75 | |
| Super Trend (3,10): | 115.11 | |
| Zig ZAG (10): | 112.37 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 56.05 | |
| TEMA (21): | 109.95 | |
| Williams %R (14): | -22.78 | |
| Chande Momentum Oscillator (20): | 1.27 | |
| Repulse (5,40,3): | 0.5500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 3.56 |
| MA7: | 110.39 | |
| MA20: | 111.59 | |
| MA50: | 113.05 | |
| MA100: | 111.91 | |
| MAexp7: | 110.98 | |
| MAexp20: | 111.73 | |
| MAexp50: | 112.37 | |
| MAexp100: | 111.51 | |
| Price / MA7: | +1.79% | |
| Price / MA20: | +0.70% | |
| Price / MA50: | -0.60% | |
| Price / MA100: | +0.41% | |
| Price / MAexp7: | +1.25% | |
| Price / MAexp20: | +0.57% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.77% |
News
The latest news and videos published on LANDSTAR SYSTEM INC. at the time of the analysis were as follows:
- Landstar System, Inc. to Host Earnings Call
- Landstar System, Inc. to Host Earnings Call
- Investor Network: Landstar System, Inc. to Host Earnings Call
-
Landstar System
- Landstar System Reports Record Quarterly Revenue of $893 Million and Record Quarterly Diluted Earnings Per Share From Continuing Operations of $0.94
This member declared not having a position on this financial instrument or a related financial instrument.
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