OSI SYSTEMS INC. - Daily - Technical analysis published on 08/05/2019 (GMT)
- 226
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Bearish under 117.03 USD
My targets
109.53 USD (-0.04%)
95.75 USD (-12.61%)
My analysis
The strong short-term decline in OSI SYSTEMS INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 117.03 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 109.53 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 95.75 USD as an objective. Crossing it would then enable sellers to target 89.76 USD. Be careful, a return to above 117.03 USD could jeopardize the reversal.
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The OSI SYSTEMS INC. price is 109.57 USD. The price registered a decrease of -1.93% on the session and was between 108.94 USD and 111.20 USD. This implies that the price is at +0.58% from its lowest and at -1.47% from its highest.108.94
111.20
109.57
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
Here is a more detailed summary of the historical variations registered by OSI SYSTEMS INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of OSI SYSTEMS INC. indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 89.76 | 95.75 | 109.53 | 109.57 | 117.03 |
| Change (%) | -18.08% | -12.61% | -0.04% | - | +6.81% |
| Change | -19.81 | -13.82 | -0.04 | - | +7.46 |
| Level | Intermediate | Major | Major | - | Major |
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 | 106.44 | 108.11 | 109.92 | 111.58 | 113.40 | 115.06 | 116.88 |
| Camarilla | 110.77 | 111.09 | 111.41 | 111.73 | 112.05 | 112.37 | 112.69 |
| Woodie | 106.51 | 108.14 | 109.99 | 111.62 | 113.47 | 115.10 | 116.95 |
| Fibonacci | 108.11 | 109.43 | 110.26 | 111.58 | 112.91 | 113.73 | 115.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.76 | 107.67 | 110.52 | 112.43 | 115.28 | 117.19 | 120.04 |
| Camarilla | 112.05 | 112.49 | 112.92 | 113.36 | 113.80 | 114.23 | 114.67 |
| Woodie | 106.22 | 107.91 | 110.98 | 112.67 | 115.74 | 117.43 | 120.50 |
| Fibonacci | 107.67 | 109.49 | 110.62 | 112.43 | 114.25 | 115.38 | 117.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.93 | 104.31 | 108.44 | 112.82 | 116.95 | 121.33 | 125.46 |
| Camarilla | 110.22 | 111.00 | 111.78 | 112.56 | 113.34 | 114.12 | 114.90 |
| Woodie | 99.80 | 104.25 | 108.31 | 112.76 | 116.82 | 121.27 | 125.33 |
| Fibonacci | 104.31 | 107.56 | 109.57 | 112.82 | 116.07 | 118.08 | 121.33 |
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): | 41.52 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | -5.01 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 112.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 114.58 | |
| Elder Ray (13): | -2.00 | |
| Super Trend (3,10): | 109.29 | |
| Zig ZAG (10): | 109.57 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 39.42 | |
| TEMA (21): | 111.22 | |
| Williams %R (14): | -85.20 | |
| Chande Momentum Oscillator (20): | -0.45 | |
| Repulse (5,40,3): | -1.8900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.92 |
| MA7: | 112.41 | |
| MA20: | 112.36 | |
| MA50: | 111.18 | |
| MA100: | 101.85 | |
| MAexp7: | 111.76 | |
| MAexp20: | 112.14 | |
| MAexp50: | 109.63 | |
| MAexp100: | 103.39 | |
| Price / MA7: | -2.53% | |
| Price / MA20: | -2.48% | |
| Price / MA50: | -1.45% | |
| Price / MA100: | +7.58% | |
| Price / MAexp7: | -1.96% | |
| Price / MAexp20: | -2.29% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | +5.98% |
News
Don"t forget to follow the news on OSI SYSTEMS INC.. At the time of publication of this analysis, the latest news was as follows:
- OSI Systems Notified That U.S. DOJ and SEC FCPA Inquiries Have Been Closed
- OSI Systems Receives $10 Million Order for RTT® Hold Baggage Screening Systems
- OSI Systems Receives $8 Million Order for Patient Monitoring Solutions
- OSI Systems Receives $7 Million Order for CT Checked Baggage Screening Systems
- OSI SYSTEMS LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In OSI Systems, Inc. To Contact The Firm
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis OSI SYSTEMS INC. - Daily