POLARIS INC. - Daily - Technical analysis published on 12/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 95.02 USD
My targets
101.69 USD (+4.84%)
112.59 USD (+16.07%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 95.02 USD remains possible. It is advisable to trade POLARIS INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 95.02 USD. The next bullish objective for buyers is set at 101.69 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 112.59 USD. If there is any crossing, the next objective would be the resistance located at 119.98 USD. PS: if there is a bearish break in the support located at 95.02 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.9
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
POLARIS INC. rating 97.00 USD. The price has increased by +0.73% since the last closing and was between 95.14 USD and 97.06 USD. This implies that the price is at +1.96% from its lowest and at -0.06% from its highest.95.14
97.06
97.00
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 POLARIS INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of POLARIS INC. indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 85.16 | 90.92 | 95.02 | 97.00 | 97.32 | 101.69 | 112.59 |
| Change (%) | -12.21% | -6.27% | -2.04% | - | +0.33% | +4.84% | +16.07% |
| Change | -11.84 | -6.08 | -1.98 | - | +0.32 | +4.69 | +15.59 |
| Level | Minor | Minor | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 93.56 | 94.37 | 95.33 | 96.14 | 97.10 | 97.91 | 98.87 |
| Camarilla | 95.81 | 95.98 | 96.14 | 96.30 | 96.46 | 96.62 | 96.79 |
| Woodie | 93.65 | 94.41 | 95.42 | 96.18 | 97.19 | 97.95 | 98.96 |
| Fibonacci | 94.37 | 95.04 | 95.46 | 96.14 | 96.81 | 97.23 | 97.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.53 | 89.63 | 92.57 | 95.67 | 98.61 | 101.71 | 104.65 |
| Camarilla | 93.84 | 94.39 | 94.95 | 95.50 | 96.05 | 96.61 | 97.16 |
| Woodie | 86.44 | 89.59 | 92.48 | 95.63 | 98.52 | 101.67 | 104.56 |
| Fibonacci | 89.63 | 91.94 | 93.37 | 95.67 | 97.98 | 99.41 | 101.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.40 | 91.81 | 94.79 | 99.20 | 102.18 | 106.59 | 109.57 |
| Camarilla | 95.73 | 96.41 | 97.08 | 97.76 | 98.44 | 99.12 | 99.79 |
| Woodie | 86.68 | 91.45 | 94.07 | 98.84 | 101.46 | 106.23 | 108.85 |
| Fibonacci | 91.81 | 94.63 | 96.38 | 99.20 | 102.02 | 103.77 | 106.59 |
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): | 49.03 | |
| MACD (12,26,9): | -0.3800 | |
| Directional Movement: | -10.57 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 97.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 92.74 | |
| Elder Ray (13): | -0.90 | |
| Super Trend (3,10): | 101.00 | |
| Zig ZAG (10): | 96.89 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 41.12 | |
| TEMA (21): | 95.44 | |
| Williams %R (14): | -47.20 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 1.2100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 8.37 |
| MA7: | 95.70 | |
| MA20: | 98.28 | |
| MA50: | 95.56 | |
| MA100: | 90.82 | |
| MAexp7: | 96.32 | |
| MAexp20: | 97.35 | |
| MAexp50: | 95.65 | |
| MAexp100: | 92.72 | |
| Price / MA7: | +1.36% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | +1.51% | |
| Price / MA100: | +6.80% | |
| Price / MAexp7: | +0.71% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | +1.41% | |
| Price / MAexp100: | +4.62% |
News
Don"t forget to follow the news on POLARIS INC.. At the time of publication of this analysis, the latest news was as follows:
- Polaris Announces Changes to Senior Leadership Team
- Polaris Assembles Elite Rodeo Athletes to Inaugurate Team RANGER Ahead of 2019 Wrangler National Finals Rodeo
- Polaris Divests a Majority of its Shareholding in Jetpak
- Polaris Slingshot Is Offering 350,000 Reasons to "Treat Yourself" This Holiday Season
- Synchrony and Polaris Extend Consumer Financing Partnership
This member declared not having a position on this financial instrument or a related financial instrument.
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