SAREPTA THERAPEUTICS INC. - Daily - Technical analysis published on 10/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 82.27 USD
My targets
72.81 USD (-9.58%)
52.85 USD (-34.36%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SAREPTA THERAPEUTICS INC. as long as the price remains well below 82.27 USD. The sellers” bearish objective is set at 72.81 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 52.85 USD. In case of crossing, the next objective would be the support located at 24.84 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.4
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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 SAREPTA THERAPEUTICS INC. price is 80.52 USD. The price is lower by -0.54% since the last closing with the lowest point at 79.09 USD and the highest point at 82.30 USD. The deviation from the price is +1.81% for the low point and -2.16% for the high point.79.09
82.30
80.52
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of SAREPTA THERAPEUTICS INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Black evening star
Type : Bearish
Timeframe : Daily
Upside Tasuki gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.84 | 52.85 | 72.81 | 80.52 | 82.27 | 97.32 | 112.19 |
| Change (%) | -69.15% | -34.36% | -9.58% | - | +2.17% | +20.86% | +39.33% |
| Change | -55.68 | -27.67 | -7.71 | - | +1.75 | +16.80 | +31.67 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | 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 | 69.50 | 75.00 | 77.98 | 83.48 | 86.46 | 91.96 | 94.94 |
| Camarilla | 78.63 | 79.41 | 80.18 | 80.96 | 81.74 | 82.52 | 83.29 |
| Woodie | 68.24 | 74.37 | 76.72 | 82.85 | 85.20 | 91.33 | 93.68 |
| Fibonacci | 75.00 | 78.24 | 80.24 | 83.48 | 86.72 | 88.72 | 91.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.53 | 68.08 | 78.16 | 83.71 | 93.79 | 99.34 | 109.42 |
| Camarilla | 83.95 | 85.38 | 86.82 | 88.25 | 89.68 | 91.12 | 92.55 |
| Woodie | 64.81 | 69.21 | 80.44 | 84.84 | 96.07 | 100.47 | 111.70 |
| Fibonacci | 68.08 | 74.05 | 77.74 | 83.71 | 89.68 | 93.37 | 99.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.07 | 60.06 | 67.69 | 79.68 | 87.31 | 99.30 | 106.93 |
| Camarilla | 69.92 | 71.72 | 73.52 | 75.32 | 77.12 | 78.92 | 80.72 |
| Woodie | 45.89 | 58.97 | 65.51 | 78.59 | 85.13 | 98.21 | 104.75 |
| Fibonacci | 60.06 | 67.56 | 72.19 | 79.68 | 87.18 | 91.81 | 99.30 |
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): | 41.77 | |
| MACD (12,26,9): | -4.9800 | |
| Directional Movement: | -11.92 | |
| AROON (14): | 42.85 | |
| DEMA (21): | 75.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 73.59 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 73.70 | |
| Zig ZAG (10): | 80.52 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 65.08 | |
| TEMA (21): | 78.62 | |
| Williams %R (14): | -50.76 | |
| Chande Momentum Oscillator (20): | -1.99 | |
| Repulse (5,40,3): | -3.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.0900 | |
| Courbe Coppock: | 12.12 |
| MA7: | 80.09 | |
| MA20: | 81.45 | |
| MA50: | 100.52 | |
| MA100: | 117.55 | |
| MAexp7: | 80.73 | |
| MAexp20: | 83.10 | |
| MAexp50: | 96.59 | |
| MAexp100: | 108.85 | |
| Price / MA7: | +0.54% | |
| Price / MA20: | -1.14% | |
| Price / MA50: | -19.90% | |
| Price / MA100: | -31.50% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -3.10% | |
| Price / MAexp50: | -16.64% | |
| Price / MAexp100: | -26.03% |
News
The latest news and videos published on SAREPTA THERAPEUTICS INC. at the time of the analysis were as follows:
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sarepta Therapeutics, Inc. of Class Action Lawsuit and Upcoming Deadline - SRPT
- Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Sarepta Therapeutics, Inc. (NASDAQ: SRPT) and Encourages Sarepta Investors to Contact the Firm
- LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Sarepta Therapeutics, Inc. To Contact The Firm
- IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sarepta Therapeutics, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sarepta Therapeutics, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
This member declared not having a position on this financial instrument or a related financial instrument.
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