XEROX HOLDINGS CORP. - Daily - Technical analysis published on 10/17/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 31.26 USD
My targets
29.43 USD (-0.07%)
28.31 USD (-3.87%)
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 31.26 USD remains possible. It is advisable to trade XEROX HOLDINGS CORP. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 31.26 USD. The next bearish objective for sellers is set at 29.43 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 28.31 USD. In case of crossing, the next objective would be the support located at 27.54 USD. PS: if there is a bullish break in the resistance located at 31.26 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
2.7
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 XEROX HOLDINGS CORP. rating is 29.45 USD. The price registered a decrease of -1.31% on the session with the lowest point at 29.36 USD and the highest point at 29.98 USD. The deviation from the price is +0.31% for the low point and -1.77% for the high point.29.36
29.98
29.45
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by XEROX HOLDINGS CORP.:
Technical
A technical analysis in Daily of this XEROX HOLDINGS CORP. chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.54 | 28.31 | 29.43 | 29.45 | 31.26 | 32.91 | 34.34 |
| Change (%) | -6.49% | -3.87% | -0.07% | - | +6.15% | +11.75% | +16.60% |
| Change | -1.91 | -1.14 | -0.02 | - | +1.81 | +3.46 | +4.89 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 28.65 | 28.97 | 29.41 | 29.73 | 30.17 | 30.49 | 30.93 |
| Camarilla | 29.63 | 29.70 | 29.77 | 29.84 | 29.91 | 29.98 | 30.05 |
| Woodie | 28.70 | 29.00 | 29.46 | 29.76 | 30.22 | 30.52 | 30.98 |
| Fibonacci | 28.97 | 29.26 | 29.44 | 29.73 | 30.02 | 30.20 | 30.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.61 | 27.45 | 28.43 | 29.27 | 30.25 | 31.09 | 32.07 |
| Camarilla | 28.91 | 29.08 | 29.24 | 29.41 | 29.58 | 29.74 | 29.91 |
| Woodie | 26.68 | 27.49 | 28.50 | 29.31 | 30.32 | 31.13 | 32.14 |
| Fibonacci | 27.45 | 28.15 | 28.58 | 29.27 | 29.97 | 30.40 | 31.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.30 | 26.80 | 28.36 | 29.86 | 31.41 | 32.91 | 34.47 |
| Camarilla | 29.07 | 29.35 | 29.63 | 29.91 | 30.19 | 30.47 | 30.75 |
| Woodie | 25.33 | 26.82 | 28.38 | 29.87 | 31.44 | 32.93 | 34.49 |
| Fibonacci | 26.80 | 27.97 | 28.69 | 29.86 | 31.03 | 31.75 | 32.91 |
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): | 49.34 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | 3.87 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 29.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.42 | |
| Elder Ray (13): | 0.27 | |
| Super Trend (3,10): | 31.20 | |
| Zig ZAG (10): | 29.45 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 48.77 | |
| TEMA (21): | 29.35 | |
| Williams %R (14): | -53.88 | |
| Chande Momentum Oscillator (20): | -0.46 | |
| Repulse (5,40,3): | -0.7500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 3.55 |
| MA7: | 29.12 | |
| MA20: | 29.47 | |
| MA50: | 29.16 | |
| MA100: | 31.45 | |
| MAexp7: | 29.37 | |
| MAexp20: | 29.45 | |
| MAexp50: | 29.90 | |
| MAexp100: | 30.41 | |
| Price / MA7: | +1.13% | |
| Price / MA20: | -0.07% | |
| Price / MA50: | +0.99% | |
| Price / MA100: | -6.36% | |
| Price / MAexp7: | +0.27% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -1.51% | |
| Price / MAexp100: | -3.16% |
News
The latest news and videos published on XEROX HOLDINGS CORP. at the time of the analysis were as follows:
- XRX INVESTOR ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Xerox Corporation and a Lead Plaintiff Deadline of December 23, 2016
- XRX LOSS ALERT: Rosen Law Firm Reminds Xerox Corporation Investors of Important Deadline in Class Action - XRX
-
Xerox Shares Slip on Revenue Miss
- SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Xerox Corporation To Contact The Firm Before Lead Plaintiff Deadline
- SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Xerox Corporation (XRX) & Lead Plaintiff Deadline: December 23, 2016
This member declared not having a position on this financial instrument or a related financial instrument.
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