STATE STREET CORP. - Daily - Technical analysis published on 11/05/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 65.59 USD
My targets
72.78 USD (+2.71%)
85.37 USD (+20.48%)
My analysis
The bullish trend is currently very strong on STATE STREET CORP.. As long as the price remains above the support at 65.59 USD, you could try to benefit from the boom. The first bullish objective is located at 72.78 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 85.37 USD as an objective. Crossing it would then enable buyers to target 99.15 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.8
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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
STATE STREET CORP. rating 70.86 USD. The price has increased by +4.58% since the last closing and was between 68.79 USD and 70.91 USD. This implies that the price is at +3.01% from its lowest and at -0.07% from its highest.68.79
70.91
70.86
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand 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 STATE STREET CORP. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. 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 : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 55.19 | 61.14 | 65.59 | 70.86 | 72.78 | 85.37 | 99.15 |
Change (%) | -22.11% | -13.72% | -7.44% | - | +2.71% | +20.48% | +39.92% |
Change | -15.67 | -9.72 | -5.27 | - | +1.92 | +14.51 | +28.29 |
Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 64.00 | 64.68 | 65.37 | 66.05 | 66.74 | 67.42 | 68.11 |
Camarilla | 65.69 | 65.82 | 65.94 | 66.07 | 66.20 | 66.32 | 66.45 |
Woodie | 64.02 | 64.68 | 65.39 | 66.05 | 66.76 | 67.42 | 68.13 |
Fibonacci | 64.68 | 65.20 | 65.52 | 66.05 | 66.57 | 66.89 | 67.42 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 61.13 | 62.44 | 64.10 | 65.41 | 67.07 | 68.38 | 70.04 |
Camarilla | 64.93 | 65.21 | 65.48 | 65.75 | 66.02 | 66.30 | 66.57 |
Woodie | 61.30 | 62.53 | 64.27 | 65.50 | 67.24 | 68.47 | 70.21 |
Fibonacci | 62.44 | 63.58 | 64.28 | 65.41 | 66.55 | 67.25 | 68.38 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 43.99 | 49.15 | 57.61 | 62.77 | 71.23 | 76.39 | 84.85 |
Camarilla | 62.32 | 63.57 | 64.82 | 66.07 | 67.32 | 68.57 | 69.82 |
Woodie | 45.64 | 49.98 | 59.26 | 63.60 | 72.88 | 77.22 | 86.50 |
Fibonacci | 49.15 | 54.35 | 57.57 | 62.77 | 67.97 | 71.19 | 76.39 |
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): | 72.39 | |
MACD (12,26,9): | 2.6900 | |
Directional Movement: | 22.80 | |
AROON (14): | 100.00 | |
DEMA (21): | 66.83 | |
Parabolic SAR (0,02-0,02-0,2): | 64.83 | |
Elder Ray (13): | 2.45 | |
Super Trend (3,10): | 62.26 | |
Zig ZAG (10): | 67.76 | |
VORTEX (21): | 1.2300 | |
Stochastique (14,3,5): | 89.21 | |
TEMA (21): | 68.05 | |
Williams %R (14): | -2.14 | |
Chande Momentum Oscillator (20): | 8.65 | |
Repulse (5,40,3): | 2.3600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.5700 | |
Courbe Coppock: | 31.31 |
MA7: | 66.55 | |
MA20: | 62.29 | |
MA50: | 58.37 | |
MA100: | 56.42 | |
MAexp7: | 66.36 | |
MAexp20: | 63.45 | |
MAexp50: | 60.00 | |
MAexp100: | 58.84 | |
Price / MA7: | +6.48% | |
Price / MA20: | +13.76% | |
Price / MA50: | +21.40% | |
Price / MA100: | +25.59% | |
Price / MAexp7: | +6.78% | |
Price / MAexp20: | +11.68% | |
Price / MAexp50: | +18.10% | |
Price / MAexp100: | +20.43% |
News
The last news published on STATE STREET CORP. at the time of the generation of this analysis was as follows:
- Form 8.3 - [Alletgan Plc]
- Form 8.3 - Green REIT plc
- Form 8.3 - [Green REIT Plc]
- Form 8.3 - [Green REIT Plc]
- Form 8.3 - Green REIT plc
This member declared not having a position on this financial instrument or a related financial instrument.
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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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