WYNDHAM HOTELS & RESORTS INC. - Daily - Technical analysis published on 10/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 51.28 USD
My targets
49.41 USD (-2.33%)
My analysis
WYNDHAM HOTELS & RESORTS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 51.28 USD. The next support located at 49.41 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
5.2
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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
WYNDHAM HOTELS & RESORTS INC. rating 50.59 USD. The price registered a decrease of -0.75% on the session with the lowest point at 50.54 USD and the highest point at 51.32 USD. The deviation from the price is +0.10% for the low point and -1.42% for the high point.50.54
51.32
50.59
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of WYNDHAM HOTELS & RESORTS INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 49.41 | 50.59 | 51.28 | 53.70 | 56.90 |
| Change (%) | -2.33% | - | +1.36% | +6.15% | +12.47% |
| Change | -1.18 | - | +0.69 | +3.11 | +6.31 |
| Level | Major | - | Intermediate | Major | 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 | 49.40 | 50.09 | 50.53 | 51.22 | 51.66 | 52.35 | 52.79 |
| Camarilla | 50.66 | 50.76 | 50.87 | 50.97 | 51.07 | 51.18 | 51.28 |
| Woodie | 49.28 | 50.03 | 50.41 | 51.16 | 51.54 | 52.29 | 52.67 |
| Fibonacci | 50.09 | 50.52 | 50.79 | 51.22 | 51.65 | 51.92 | 52.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.29 | 48.21 | 49.50 | 50.42 | 51.71 | 52.63 | 53.92 |
| Camarilla | 50.19 | 50.40 | 50.60 | 50.80 | 51.00 | 51.21 | 51.41 |
| Woodie | 47.49 | 48.30 | 49.70 | 50.51 | 51.91 | 52.72 | 54.12 |
| Fibonacci | 48.21 | 49.05 | 49.57 | 50.42 | 51.26 | 51.78 | 52.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.56 | 48.00 | 49.87 | 52.30 | 54.17 | 56.60 | 58.48 |
| Camarilla | 50.56 | 50.95 | 51.35 | 51.74 | 52.14 | 52.53 | 52.92 |
| Woodie | 45.28 | 47.86 | 49.59 | 52.16 | 53.89 | 56.46 | 58.20 |
| Fibonacci | 48.00 | 49.64 | 50.66 | 52.30 | 53.94 | 54.96 | 56.60 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.89 | |
| MACD (12,26,9): | -0.4100 | |
| Directional Movement: | -3.62 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 50.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 48.98 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 53.23 | |
| Zig ZAG (10): | 50.59 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 60.43 | |
| TEMA (21): | 50.32 | |
| Williams %R (14): | -42.30 | |
| Chande Momentum Oscillator (20): | -0.55 | |
| Repulse (5,40,3): | -2.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 3.57 |
| MA7: | 50.54 | |
| MA20: | 50.72 | |
| MA50: | 51.25 | |
| MA100: | 53.97 | |
| MAexp7: | 50.60 | |
| MAexp20: | 50.83 | |
| MAexp50: | 51.80 | |
| MAexp100: | 52.59 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | -0.26% | |
| Price / MA50: | -1.29% | |
| Price / MA100: | -6.26% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.47% | |
| Price / MAexp50: | -2.34% | |
| Price / MAexp100: | -3.80% |
This member declared not having a position on this financial instrument or a related financial instrument.
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