TEREX CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	TEX
ISIN:

TEREX CORP. - Daily - Technical analysis published on 12/23/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 29.57 USD

My targets

31.32 USD (+3.16%)

33.14 USD (+9.16%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TEREX CORP. as long as the price remains well above 29.57 USD. The buyers” bullish objective is set at 31.32 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.14 USD. If there is any crossing, the next objective would be the resistance located at 34.02 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

8.6

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 TEREX CORP. price is 30.36 USD. The price has increased by +0.86% since the last closing and was between 30.12 USD and 30.65 USD. This implies that the price is at +0.80% from its lowest and at -0.95% from its highest.

30.12

30.65

30.36

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of TEREX CORP. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25.90	27.92	29.57	30.36	31.32	33.14	34.02
Change (%)	-14.69%	-8.04%	-2.60%	-	+3.16%	+9.16%	+12.06%
Change	-4.46	-2.44	-0.79	-	+0.96	+2.78	+3.66
Level	Major	Major	Major	-	Major	Minor	Minor

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	29.51	29.77	29.94	30.20	30.37	30.63	30.80
Camarilla	29.98	30.02	30.06	30.10	30.14	30.18	30.22
Woodie	29.46	29.75	29.89	30.18	30.32	30.61	30.75
Fibonacci	29.77	29.94	30.04	30.20	30.37	30.47	30.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.51	27.53	28.70	29.73	30.90	31.92	33.09
Camarilla	29.27	29.47	29.67	29.87	30.07	30.27	30.47
Woodie	26.58	27.57	28.77	29.76	30.97	31.96	33.16
Fibonacci	27.53	28.37	28.89	29.73	30.56	31.08	31.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.22	24.67	26.38	28.83	30.53	32.98	34.69
Camarilla	26.94	27.32	27.70	28.08	28.46	28.84	29.22
Woodie	21.85	24.49	26.00	28.64	30.16	32.80	34.31
Fibonacci	24.67	26.26	27.24	28.83	30.42	31.40	32.98

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):	60.15
MACD (12,26,9):	0.5500
Directional Movement:	14.40
AROON (14):	57.15
DEMA (21):	30.04
Parabolic SAR (0,02-0,02-0,2):	28.31
Elder Ray (13):	0.73
Super Trend (3,10):	28.04
Zig ZAG (10):	30.36
VORTEX (21):	1.1300
Stochastique (14,3,5):	87.38
TEMA (21):	30.21
Williams %R (14):	-11.54
Chande Momentum Oscillator (20):	2.33
Repulse (5,40,3):	-0.7200
ROCnROLL:	1
TRIX (15,9):	0.2000
Courbe Coppock:	12.93

MA7:	30.13
MA20:	29.10
MA50:	28.48
MA100:	26.94
MAexp7:	30.02
MAexp20:	29.36
MAexp50:	28.53
MAexp100:	28.14
Price / MA7:	+0.76%
Price / MA20:	+4.33%
Price / MA50:	+6.60%
Price / MA100:	+12.69%
Price / MAexp7:	+1.13%
Price / MAexp20:	+3.41%
Price / MAexp50:	+6.41%
Price / MAexp100:	+7.89%

News

The last news published on TEREX CORP. 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.

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