HANCOCK WHITNEY - Daily - Technical analysis published on 09/30/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
33%
22%
44%
My opinion
Bullish above 37.75 USD
My targets
40.07 USD (+4.59%)
41.84 USD (+9.21%)
My analysis
The current short-term bullish acceleration on HANCOCK WHITNEY should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 37.75 USD. Short-term buyers will use the resistance located at 40.07 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 41.84 USD. Crossing this resistance would then open the door for buyers to target 44.45 USD. Caution, if there is a return to under 37.75 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.4
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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 HANCOCK WHITNEY price is 38.31 USD. On the day, this instrument lost -0.03% and was traded between 38.16 USD and 39.48 USD over the period. The price is currently at +0.39% from its lowest and -2.96% from its highest.38.16
39.48
38.31
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of HANCOCK WHITNEY in Daily shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 35.13 | 36.51 | 37.75 | 38.31 | 40.07 | 41.84 | 44.45 |
| Change (%) | -8.30% | -4.70% | -1.46% | - | +4.59% | +9.21% | +16.03% |
| Change | -3.18 | -1.80 | -0.56 | - | +1.76 | +3.53 | +6.14 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate | Intermediate |
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 | 37.21 | 37.73 | 38.02 | 38.54 | 38.83 | 39.35 | 39.64 |
| Camarilla | 38.10 | 38.17 | 38.25 | 38.32 | 38.39 | 38.47 | 38.54 |
| Woodie | 37.11 | 37.67 | 37.92 | 38.48 | 38.73 | 39.29 | 39.54 |
| Fibonacci | 37.73 | 38.04 | 38.23 | 38.54 | 38.85 | 39.04 | 39.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.19 | 37.30 | 37.86 | 38.98 | 39.54 | 40.65 | 41.21 |
| Camarilla | 37.96 | 38.11 | 38.27 | 38.42 | 38.57 | 38.73 | 38.88 |
| Woodie | 35.91 | 37.16 | 37.58 | 38.84 | 39.26 | 40.51 | 40.93 |
| Fibonacci | 37.30 | 37.94 | 38.34 | 38.98 | 39.62 | 40.01 | 40.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.58 | 28.47 | 31.65 | 36.55 | 39.73 | 44.62 | 47.80 |
| Camarilla | 32.61 | 33.35 | 34.09 | 34.83 | 35.57 | 36.31 | 37.05 |
| Woodie | 22.72 | 28.04 | 30.80 | 36.12 | 38.87 | 44.19 | 46.95 |
| Fibonacci | 28.47 | 31.56 | 33.46 | 36.55 | 39.63 | 41.54 | 44.62 |
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): | 53.84 | |
| MACD (12,26,9): | 0.5400 | |
| Directional Movement: | 11.51 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 38.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 39.81 | |
| Elder Ray (13): | 0.56 | |
| Super Trend (3,10): | 36.05 | |
| Zig ZAG (10): | 38.31 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 57.16 | |
| TEMA (21): | 39.20 | |
| Williams %R (14): | -68.15 | |
| Chande Momentum Oscillator (20): | -0.96 | |
| Repulse (5,40,3): | -3.7700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 14.13 |
| MA7: | 38.52 | |
| MA20: | 37.71 | |
| MA50: | 37.47 | |
| MA100: | 38.40 | |
| MAexp7: | 38.48 | |
| MAexp20: | 37.94 | |
| MAexp50: | 37.74 | |
| MAexp100: | 38.37 | |
| Price / MA7: | -0.55% | |
| Price / MA20: | +1.59% | |
| Price / MA50: | +2.24% | |
| Price / MA100: | -0.23% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | +0.98% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | -0.16% |
News
The latest news and videos published on HANCOCK WHITNEY at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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