NOODLES & COMPANY - 1H - Technical analysis published on 02/21/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 9.55 USD
My targets
9.83 USD (+1.44%)
10.00 USD (+3.20%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NOODLES & COMPANY as long as the price remains well above 9.55 USD. The buyers” bullish objective is set at 9.83 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.00 USD. If there is any crossing, the next objective would be the resistance located at 13.23 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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Additional analysis
Quotes
The NOODLES & COMPANY price is 9.69 USD. The price has increased by +1.79% since the last closing with the lowest point at 9.45 USD and the highest point at 9.96 USD. The deviation from the price is +2.54% for the low point and -2.71% for the high point.9.45
9.96
9.69
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NOODLES & COMPANY chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 8.52 | 9.09 | 9.55 | 9.69 | 9.83 | 10.00 | 13.23 |
| Change (%) | -12.07% | -6.19% | -1.44% | - | +1.44% | +3.20% | +36.53% |
| Change | -1.17 | -0.60 | -0.14 | - | +0.14 | +0.31 | +3.54 |
| Level | Major | Major | Minor | - | Major | Major | 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 | 8.60 | 8.88 | 9.20 | 9.48 | 9.80 | 10.08 | 10.40 |
| Camarilla | 9.36 | 9.41 | 9.47 | 9.52 | 9.58 | 9.63 | 9.69 |
| Woodie | 8.62 | 8.89 | 9.22 | 9.49 | 9.82 | 10.09 | 10.42 |
| Fibonacci | 8.88 | 9.11 | 9.25 | 9.48 | 9.71 | 9.85 | 10.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.00 | 8.40 | 9.11 | 9.51 | 10.22 | 10.62 | 11.33 |
| Camarilla | 9.53 | 9.63 | 9.73 | 9.83 | 9.93 | 10.03 | 10.14 |
| Woodie | 8.17 | 8.48 | 9.28 | 9.59 | 10.39 | 10.70 | 11.50 |
| Fibonacci | 8.40 | 8.82 | 9.08 | 9.51 | 9.93 | 10.19 | 10.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.65 | 6.54 | 7.50 | 8.39 | 9.35 | 10.24 | 11.20 |
| Camarilla | 7.96 | 8.13 | 8.30 | 8.47 | 8.64 | 8.81 | 8.98 |
| Woodie | 5.70 | 6.56 | 7.55 | 8.41 | 9.40 | 10.26 | 11.25 |
| Fibonacci | 6.54 | 7.24 | 7.68 | 8.39 | 9.09 | 9.53 | 10.24 |
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): | 52.50 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 1.82 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 9.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.45 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 9.34 | |
| Zig ZAG (10): | 9.69 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 77.08 | |
| TEMA (21): | 9.74 | |
| Williams %R (14): | -33.75 | |
| Chande Momentum Oscillator (20): | 0.38 | |
| Repulse (5,40,3): | -1.2400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 7.05 |
| MA7: | 9.64 | |
| MA20: | 9.00 | |
| MA50: | 8.60 | |
| MA100: | 8.07 | |
| MAexp7: | 9.74 | |
| MAexp20: | 9.66 | |
| MAexp50: | 9.53 | |
| MAexp100: | 9.30 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | +7.67% | |
| Price / MA50: | +12.67% | |
| Price / MA100: | +20.07% | |
| Price / MAexp7: | -0.51% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +1.68% | |
| Price / MAexp100: | +4.19% |
Quotes :
2021-02-19 20:59:59
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on NOODLES & COMPANY at the time of the analysis were as follows:
- Noodles & Company Unveils Multi-Unit Franchise Growth Initiative
- Noodles & Company Launches Industry-First Cauliflower Gnocchi
- Nissin Foods Invests in Frozen Noodles for PRC Market
- Noodles & Company Begins Testing New Ravioli and Tortelloni Dishes in Select Markets
- Noodles & Company Announces Fortnight Collective as its Creative Agency of Record for 2021
This member declared not having a position on this financial instrument or a related financial instrument.
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