SIRIUSXM HOLDINGS INC. - Daily - Technical analysis published on 09/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
22%
28%
My opinion
Bearish under 4.60 USD
My targets
4.04 USD (-3.81%)
3.40 USD (-19.05%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 4.60 USD remains possible. It is advisable to trade SIRIUS XM HOLDINGS INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 4.60 USD. The next bearish objective for sellers is set at 4.04 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.40 USD. In case of crossing, the next objective would be the support located at 2.67 USD. PS: if there is a bullish break in the resistance located at 4.60 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SIRIUS XM HOLDINGS INC. price is 4.20 USD. The price registered an increase of +3.19% on the session and was between 4.00 USD and 4.23 USD. This implies that the price is at +5.00% from its lowest and at -0.71% from its highest.4.00
4.23
4.20
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of SIRIUS XM HOLDINGS INC. indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
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 | 2.67 | 3.40 | 4.04 | 4.20 | 4.60 | 5.55 | 6.64 |
| Change (%) | -36.43% | -19.05% | -3.81% | - | +9.52% | +32.14% | +58.10% |
| Change | -1.53 | -0.80 | -0.16 | - | +0.40 | +1.35 | +2.44 |
| Level | Minor | Major | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.62 | 3.72 | 3.89 | 3.99 | 4.16 | 4.26 | 4.43 |
| Camarilla | 4.00 | 4.02 | 4.05 | 4.07 | 4.10 | 4.12 | 4.14 |
| Woodie | 3.67 | 3.74 | 3.94 | 4.01 | 4.21 | 4.28 | 4.48 |
| Fibonacci | 3.72 | 3.82 | 3.88 | 3.99 | 4.09 | 4.15 | 4.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.70 | 3.86 | 3.94 | 4.10 | 4.18 | 4.34 | 4.42 |
| Camarilla | 3.96 | 3.99 | 4.01 | 4.03 | 4.05 | 4.07 | 4.10 |
| Woodie | 3.67 | 3.84 | 3.91 | 4.08 | 4.15 | 4.32 | 4.39 |
| Fibonacci | 3.86 | 3.95 | 4.01 | 4.10 | 4.19 | 4.25 | 4.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.10 | 3.05 | 3.72 | 4.67 | 5.34 | 6.29 | 6.96 |
| Camarilla | 3.96 | 4.10 | 4.25 | 4.40 | 4.55 | 4.70 | 4.85 |
| Woodie | 1.97 | 2.98 | 3.59 | 4.60 | 5.21 | 6.22 | 6.83 |
| Fibonacci | 3.05 | 3.67 | 4.05 | 4.67 | 5.29 | 5.67 | 6.29 |
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): | 48.67 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -15.32 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 4.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.44 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 4.40 | |
| Zig ZAG (10): | 4.20 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 63.07 | |
| TEMA (21): | 4.00 | |
| Williams %R (14): | -18.18 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | 10.8500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4400 | |
| Courbe Coppock: | 10.13 |
| MA7: | 4.06 | |
| MA20: | 4.18 | |
| MA50: | 4.60 | |
| MA100: | 4.28 | |
| MAexp7: | 4.08 | |
| MAexp20: | 4.17 | |
| MAexp50: | 4.33 | |
| MAexp100: | 4.38 | |
| Price / MA7: | +3.45% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | -8.70% | |
| Price / MA100: | -1.87% | |
| Price / MAexp7: | +2.94% | |
| Price / MAexp20: | +0.72% | |
| Price / MAexp50: | -3.00% | |
| Price / MAexp100: | -4.11% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on SIRIUS XM HOLDINGS INC. at the time of the generation of this analysis was as follows:
- SiriusXM Reports First Quarter 2023 Operating and Financial Results
- SiriusXM Declares Quarterly Cash Dividend
- COMMUNICATIONS & POWER INDUSTRIES RECEIVES A MULTI-YEAR ORDER FROM SiriusXM FOR REPEATER HARDWARE
- Thomas D. Barry Appointed Chief Financial Officer of SiriusXM
- SiriusXM Reports Fourth Quarter and Full-Year 2022 Financial and Operating Results
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…
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