NANOMETRICS INC. - Daily - Technical analysis published on 08/28/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
NANOMETRICS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 28.37 USD
My targets
26.53 USD (-1.38%)
25.58 USD (-4.91%)
My analysis
The bearish trend is currently very strong for NANOMETRICS INC.. As long as the price remains below the resistance at 28.37 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 26.53 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 25.58 USD as an objective. Crossing it would then enable sellers to target 20.76 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.
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.
Additional analysis
Quotes
NANOMETRICS INC. rating 26.90 USD. The price is lower by -0.70% since the last closing and was traded between 26.82 USD and 27.20 USD over the period. The price is currently at +0.30% from its lowest and -1.10% from its highest.26.82
27.20
26.90
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this NANOMETRICS INC. chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed 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.
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.76 | 25.58 | 26.53 | 26.90 | 28.37 | 31.08 | 32.20 |
| Change (%) | -22.83% | -4.91% | -1.38% | - | +5.46% | +15.54% | +19.70% |
| Change | -6.14 | -1.32 | -0.37 | - | +1.47 | +4.18 | +5.30 |
| Level | Major | Major | Minor | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 25.67 | 26.16 | 26.62 | 27.11 | 27.57 | 28.06 | 28.52 |
| Camarilla | 26.83 | 26.92 | 27.00 | 27.09 | 27.18 | 27.26 | 27.35 |
| Woodie | 25.67 | 26.15 | 26.62 | 27.10 | 27.57 | 28.05 | 28.52 |
| Fibonacci | 26.16 | 26.52 | 26.74 | 27.11 | 27.47 | 27.69 | 28.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.17 | 26.25 | 26.96 | 28.04 | 28.75 | 29.83 | 30.54 |
| Camarilla | 27.19 | 27.35 | 27.52 | 27.68 | 27.84 | 28.01 | 28.17 |
| Woodie | 25.00 | 26.16 | 26.79 | 27.95 | 28.58 | 29.74 | 30.37 |
| Fibonacci | 26.25 | 26.93 | 27.35 | 28.04 | 28.72 | 29.14 | 29.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.39 | 26.99 | 29.18 | 32.78 | 34.98 | 38.58 | 40.77 |
| Camarilla | 29.79 | 30.32 | 30.85 | 31.38 | 31.91 | 32.44 | 32.97 |
| Woodie | 22.69 | 26.64 | 28.48 | 32.43 | 34.28 | 38.23 | 40.07 |
| Fibonacci | 26.99 | 29.20 | 30.57 | 32.78 | 35.00 | 36.36 | 38.58 |
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): | 29.94 | |
| MACD (12,26,9): | -1.2900 | |
| Directional Movement: | -19.75 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 27.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.89 | |
| Elder Ray (13): | -1.22 | |
| Super Trend (3,10): | 29.79 | |
| Zig ZAG (10): | 26.86 | |
| VORTEX (21): | 0.6200 | |
| Stochastique (14,3,5): | 10.72 | |
| TEMA (21): | 26.68 | |
| Williams %R (14): | -89.47 | |
| Chande Momentum Oscillator (20): | -1.24 | |
| Repulse (5,40,3): | -3.8300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6200 | |
| Courbe Coppock: | 10.40 |
| MA7: | 27.92 | |
| MA20: | 28.53 | |
| MA50: | 31.87 | |
| MA100: | 31.77 | |
| MAexp7: | 27.70 | |
| MAexp20: | 28.92 | |
| MAexp50: | 30.57 | |
| MAexp100: | 31.20 | |
| Price / MA7: | -3.65% | |
| Price / MA20: | -5.71% | |
| Price / MA50: | -15.59% | |
| Price / MA100: | -15.33% | |
| Price / MAexp7: | -2.89% | |
| Price / MAexp20: | -6.98% | |
| Price / MAexp50: | -12.01% | |
| Price / MAexp100: | -13.78% |
News
The last news published on NANOMETRICS INC. at the time of the generation of this analysis was as follows:
- Nanometrics Incorporated to Host Earnings Call
- Nanometrics Incorporated to Host Earnings Call
- Investor Network: Nanometrics Incorporated to Host Earnings Call
-
Nanometrics
- Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 7, 2017
This member declared not having a position on this financial instrument or a related financial instrument.
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