VILLAGE SUPER MARKET INC. - Daily - Technical analysis published on 09/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 25.15 USD
My targets
26.76 USD (+1.75%)
28.05 USD (+6.65%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on VILLAGE SUPER MARKET INC. as long as the price remains well above 25.15 USD. The buyers” bullish objective is set at 26.76 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 28.05 USD. If there is any crossing, the next objective would be the resistance located at 29.88 USD.
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
5.9
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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 VILLAGE SUPER MARKET INC. price is 26.30 USD. The price registered an increase of +0.81% on the session with the lowest point at 25.93 USD and the highest point at 26.30 USD. The deviation from the price is +1.43% for the low point and 0% for the high point.25.93
26.30
26.30
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this VILLAGE SUPER MARKET INC. chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
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 | 23.76 | 24.45 | 25.15 | 26.30 | 26.76 | 28.05 | 29.88 |
| Change (%) | -9.66% | -7.03% | -4.37% | - | +1.75% | +6.65% | +13.61% |
| Change | -2.54 | -1.85 | -1.15 | - | +0.46 | +1.75 | +3.58 |
| Level | Major | Minor | Major | - | Intermediate | Major | Major |
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 | 24.74 | 25.23 | 25.66 | 26.14 | 26.57 | 27.06 | 27.49 |
| Camarilla | 25.84 | 25.92 | 26.01 | 26.09 | 26.17 | 26.26 | 26.34 |
| Woodie | 24.72 | 25.21 | 25.63 | 26.13 | 26.55 | 27.04 | 27.46 |
| Fibonacci | 25.23 | 25.58 | 25.79 | 26.14 | 26.49 | 26.71 | 27.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.03 | 23.85 | 24.49 | 25.31 | 25.95 | 26.77 | 27.41 |
| Camarilla | 24.73 | 24.86 | 25.00 | 25.13 | 25.26 | 25.40 | 25.53 |
| Woodie | 22.94 | 23.81 | 24.40 | 25.27 | 25.86 | 26.73 | 27.32 |
| Fibonacci | 23.85 | 24.41 | 24.75 | 25.31 | 25.87 | 26.21 | 26.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.54 | 23.23 | 24.10 | 24.79 | 25.66 | 26.35 | 27.22 |
| Camarilla | 24.54 | 24.68 | 24.83 | 24.97 | 25.11 | 25.26 | 25.40 |
| Woodie | 22.63 | 23.28 | 24.19 | 24.84 | 25.75 | 26.40 | 27.31 |
| Fibonacci | 23.23 | 23.83 | 24.19 | 24.79 | 25.39 | 25.75 | 26.35 |
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): | 66.06 | |
| MACD (12,26,9): | 0.2300 | |
| Directional Movement: | 17.62 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 25.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.61 | |
| Elder Ray (13): | 0.70 | |
| Super Trend (3,10): | 24.21 | |
| Zig ZAG (10): | 26.30 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 84.73 | |
| TEMA (21): | 25.83 | |
| Williams %R (14): | -13.39 | |
| Chande Momentum Oscillator (20): | 1.86 | |
| Repulse (5,40,3): | 2.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 6.02 |
| MA7: | 25.58 | |
| MA20: | 25.09 | |
| MA50: | 25.10 | |
| MA100: | 26.08 | |
| MAexp7: | 25.70 | |
| MAexp20: | 25.27 | |
| MAexp50: | 25.34 | |
| MAexp100: | 25.87 | |
| Price / MA7: | +2.81% | |
| Price / MA20: | +4.82% | |
| Price / MA50: | +4.78% | |
| Price / MA100: | +0.84% | |
| Price / MAexp7: | +2.33% | |
| Price / MAexp20: | +4.08% | |
| Price / MAexp50: | +3.79% | |
| Price / MAexp100: | +1.66% |
News
The last news published on VILLAGE SUPER MARKET INC. at the time of the generation of this analysis was as follows:
-
Village Super Market
- Village Super Market, Inc. Declares Quarterly Dividend
- Village Super Market, Inc. Reports Results for the First Quarter Ended October 29, 2016
- Village Super Market, Inc. Reports Results for the Fourth Quarter Ended July 30, 2016
This member declared not having a position on this financial instrument or a related financial instrument.
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