GRAFTECH INTERNATIONAL - Daily - Technical analysis published on 12/02/2019 (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
56%
11%
33%
My opinion
Bullish above 13.64 USD
My targets
14.50 USD (+2.98%)
15.00 USD (+6.53%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GRAFTECH INTERNATIONAL as long as the price remains well above 13.64 USD. The buyers” bullish objective is set at 14.50 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.00 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.5
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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 GRAFTECH INTERNATIONAL price is 14.08 USD. The price is lower by -2.83% since the last closing and was between 14.00 USD and 14.37 USD. This implies that the price is at +0.57% from its lowest and at -2.02% from its highest.14.00
14.37
14.08
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this GRAFTECH INTERNATIONAL chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 11.60 | 12.49 | 13.64 | 14.08 | 14.50 | 15.00 |
| Change (%) | -17.61% | -11.29% | -3.13% | - | +2.98% | +6.53% |
| Change | -2.48 | -1.59 | -0.44 | - | +0.42 | +0.92 |
| Level | Intermediate | Minor | Major | - | Major | Intermediate |
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 | 13.67 | 13.83 | 14.16 | 14.33 | 14.66 | 14.82 | 15.15 |
| Camarilla | 14.35 | 14.40 | 14.45 | 14.49 | 14.54 | 14.58 | 14.63 |
| Woodie | 13.75 | 13.87 | 14.24 | 14.37 | 14.74 | 14.86 | 15.23 |
| Fibonacci | 13.83 | 14.02 | 14.14 | 14.33 | 14.52 | 14.63 | 14.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.38 | 12.92 | 13.67 | 14.21 | 14.95 | 15.49 | 16.23 |
| Camarilla | 14.06 | 14.17 | 14.29 | 14.41 | 14.53 | 14.64 | 14.76 |
| Woodie | 12.49 | 12.98 | 13.77 | 14.26 | 15.05 | 15.54 | 16.33 |
| Fibonacci | 12.92 | 13.41 | 13.72 | 14.21 | 14.70 | 15.00 | 15.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.77 | 9.82 | 10.91 | 11.97 | 13.06 | 14.12 | 15.21 |
| Camarilla | 11.41 | 11.61 | 11.81 | 12.00 | 12.20 | 12.40 | 12.59 |
| Woodie | 8.78 | 9.83 | 10.93 | 11.98 | 13.08 | 14.13 | 15.22 |
| Fibonacci | 9.82 | 10.64 | 11.15 | 11.97 | 12.79 | 13.30 | 14.12 |
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): | 57.83 | |
| MACD (12,26,9): | 0.5100 | |
| Directional Movement: | 9.25 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 14.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.05 | |
| Elder Ray (13): | 0.33 | |
| Super Trend (3,10): | 12.33 | |
| Zig ZAG (10): | 14.08 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 82.40 | |
| TEMA (21): | 14.50 | |
| Williams %R (14): | -26.65 | |
| Chande Momentum Oscillator (20): | 0.41 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5400 | |
| Courbe Coppock: | 23.02 |
| MA7: | 14.18 | |
| MA20: | 13.48 | |
| MA50: | 12.67 | |
| MA100: | 12.15 | |
| MAexp7: | 14.12 | |
| MAexp20: | 13.58 | |
| MAexp50: | 12.92 | |
| MAexp100: | 12.47 | |
| Price / MA7: | -0.71% | |
| Price / MA20: | +4.45% | |
| Price / MA50: | +11.13% | |
| Price / MA100: | +15.88% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | +3.68% | |
| Price / MAexp50: | +8.98% | |
| Price / MAexp100: | +12.91% |
News
Don"t forget to follow the news on GRAFTECH INTERNATIONAL. At the time of publication of this analysis, the latest news was as follows:
- GrafTech Announces Third Quarter 2019 Earnings Conference Call and Webcast
- GrafTech CEO to Present at the BMO Capital Markets Global Metals & Mining Conference
- GrafTech Reports Unaudited Full Year and Fourth Quarter 2018 Results
This member declared not having a position on this financial instrument or a related financial instrument.
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