RETAIL OPPORTUNITY INVESTMENTS

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ROIC
ISIN:

RETAIL OPPORTUNITY INVESTMENTS - Daily - Technical analysis published on 12/06/2019 (GMT)

216
0
Who voted?
1

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Court terme: Neutral

De fond: Slightly bullish

Technical indicators

50%

44%

My opinion

Neutral between 17.51 USD and 18.61 USD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bullish trend on RETAIL OPPORTUNITY INVESTMENTS. It is difficult to advise a trading direction under these conditions. The first resistance is located at 18.61 USD. The first support is located at 17.51 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

Comment on the analysis

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 RETAIL OPPORTUNITY INVESTMENTS price is 18.13 USD. The price registered an increase of +0.06% on the session and was traded between 17.98 USD and 18.15 USD over the period. The price is currently at +0.83% from its lowest and -0.11% from its highest.

17.98

18.15

18.13

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of RETAIL OPPORTUNITY INVESTMENTS indicates that the overall trend is slightly bullish. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	17.28	17.51	17.97	18.13	18.32	18.61	18.98
Change (%)	-4.69%	-3.42%	-0.88%	-	+1.05%	+2.65%	+4.69%
Change	-0.85	-0.62	-0.16	-	+0.19	+0.48	+0.85
Level	Intermediate	Intermediate	Major	-	Intermediate	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	17.55	17.69	17.90	18.04	18.25	18.39	18.60
Camarilla	18.02	18.06	18.09	18.12	18.15	18.18	18.22
Woodie	17.60	17.71	17.95	18.06	18.30	18.41	18.65
Fibonacci	17.69	17.82	17.90	18.04	18.17	18.25	18.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.29	17.50	17.87	18.08	18.45	18.66	19.03
Camarilla	18.08	18.13	18.19	18.24	18.29	18.35	18.40
Woodie	17.37	17.54	17.95	18.12	18.53	18.70	19.11
Fibonacci	17.50	17.72	17.86	18.08	18.30	18.44	18.66

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.31	16.91	17.57	18.17	18.83	19.43	20.09
Camarilla	17.89	18.01	18.12	18.24	18.36	18.47	18.59
Woodie	16.35	16.93	17.61	18.19	18.87	19.45	20.13
Fibonacci	16.91	17.39	17.69	18.17	18.65	18.95	19.43

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):	49.22
MACD (12,26,9):	-0.0900
Directional Movement:	-6.99
AROON (14):	-28.57
DEMA (21):	18.00
Parabolic SAR (0,02-0,02-0,2):	17.63
Elder Ray (13):	-0.01
Super Trend (3,10):	18.59
Zig ZAG (10):	18.13
VORTEX (21):	0.9400
Stochastique (14,3,5):	64.73
TEMA (21):	17.95
Williams %R (14):	-26.74
Chande Momentum Oscillator (20):	-0.11
Repulse (5,40,3):	1.5400
ROCnROLL:	-1
TRIX (15,9):	-0.0900
Courbe Coppock:	1.21

MA7:	18.07
MA20:	18.06
MA50:	18.32
MA100:	18.14
MAexp7:	18.06
MAexp20:	18.12
MAexp50:	18.19
MAexp100:	18.09
Price / MA7:	+0.33%
Price / MA20:	+0.39%
Price / MA50:	-1.04%
Price / MA100:	-0.06%
Price / MAexp7:	+0.39%
Price / MAexp20:	+0.06%
Price / MAexp50:	-0.33%
Price / MAexp100:	+0.22%

News

The last news published on RETAIL OPPORTUNITY INVESTMENTS at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15394

Number of analyses :

87390

Followers :

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…