RETAIL OPPORTUNITY INVESTMENTS - Daily - Technical analysis published on 08/05/2019 (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
22%
33%
44%
My opinion
Bullish above 17.34 USD
My targets
17.96 USD (+1.64%)
18.21 USD (+3.06%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RETAIL OPPORTUNITY INVESTMENTS. As long as you are above the support located at 17.34 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 17.96 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 18.21 USD as an objective. Crossing it would then enable buyers to target 18.61 USD. If the support 17.34 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
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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
The RETAIL OPPORTUNITY INVESTMENTS price is 17.67 USD. The price is lower by -1.89% since the last closing and was between 17.55 USD and 17.91 USD. This implies that the price is at +0.68% from its lowest and at -1.34% from its highest.17.55
17.91
17.67
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of RETAIL OPPORTUNITY INVESTMENTS indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
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 horizontal resistance
Type : Bearish
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 | 15.45 | 16.65 | 17.34 | 17.67 | 17.96 | 18.21 | 18.61 |
| Change (%) | -12.56% | -5.77% | -1.87% | - | +1.64% | +3.06% | +5.32% |
| Change | -2.22 | -1.02 | -0.33 | - | +0.29 | +0.54 | +0.94 |
| Level | Major | Major | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.62 | 17.74 | 17.87 | 17.99 | 18.12 | 18.24 | 18.37 |
| Camarilla | 17.94 | 17.96 | 17.99 | 18.01 | 18.03 | 18.06 | 18.08 |
| Woodie | 17.64 | 17.74 | 17.89 | 17.99 | 18.14 | 18.24 | 18.39 |
| Fibonacci | 17.74 | 17.83 | 17.89 | 17.99 | 18.08 | 18.14 | 18.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.28 | 17.56 | 17.79 | 18.07 | 18.30 | 18.58 | 18.81 |
| Camarilla | 17.87 | 17.92 | 17.96 | 18.01 | 18.06 | 18.10 | 18.15 |
| Woodie | 17.25 | 17.55 | 17.76 | 18.06 | 18.27 | 18.57 | 18.78 |
| Fibonacci | 17.56 | 17.76 | 17.88 | 18.07 | 18.27 | 18.39 | 18.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.91 | 15.76 | 16.95 | 17.80 | 18.99 | 19.84 | 21.03 |
| Camarilla | 17.58 | 17.77 | 17.95 | 18.14 | 18.33 | 18.51 | 18.70 |
| Woodie | 15.08 | 15.85 | 17.12 | 17.89 | 19.16 | 19.93 | 21.20 |
| Fibonacci | 15.76 | 16.54 | 17.02 | 17.80 | 18.58 | 19.06 | 19.84 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.20 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | 0.53 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 18.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.36 | |
| Elder Ray (13): | -0.16 | |
| Super Trend (3,10): | 17.04 | |
| Zig ZAG (10): | 17.66 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 47.06 | |
| TEMA (21): | 18.02 | |
| Williams %R (14): | -86.07 | |
| Chande Momentum Oscillator (20): | -0.38 | |
| Repulse (5,40,3): | -2.4800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 1.22 |
| MA7: | 18.00 | |
| MA20: | 17.89 | |
| MA50: | 17.39 | |
| MA100: | 17.27 | |
| MAexp7: | 17.90 | |
| MAexp20: | 17.82 | |
| MAexp50: | 17.56 | |
| MAexp100: | 17.36 | |
| Price / MA7: | -1.83% | |
| Price / MA20: | -1.23% | |
| Price / MA50: | +1.61% | |
| Price / MA100: | +2.32% | |
| Price / MAexp7: | -1.28% | |
| Price / MAexp20: | -0.84% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +1.79% |
News
Don"t forget to follow the news on RETAIL OPPORTUNITY INVESTMENTS. At the time of publication of this analysis, the latest news was as follows:
- Report: Developing Opportunities within Mazor Robotics, CenterState Bank, Student Transportation, Old Line Bancshares, Retail Opportunity Investments, and Booking — Future Expectations, Projections Moving into 2018
- Retail Opportunity Investments Corp. to Host Earnings Call
- Retail Opportunity Investments Corp. to Host Earnings Call
- Investor Network: Retail Opportunity Investments Corp. to Host Earnings Call
- Investor Network: Retail Opportunity Investments Corp. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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