CADIZ INC. - Daily - Technical analysis published on 09/17/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 12.00 USD
My targets
12.42 USD (+2.90%)
13.34 USD (+10.52%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on CADIZ INC. as long as the price remains well above 12.00 USD. The buyers” bullish objective is set at 12.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.34 USD. If there is any crossing, the next objective would be the resistance located at 14.71 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
4.8
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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
CADIZ INC. rating 12.07 USD. The price has increased by +0.84% since the last closing and was between 11.97 USD and 12.07 USD. This implies that the price is at +0.84% from its lowest and at 0% from its highest.11.97
12.07
12.07
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this CADIZ INC. chart shows a bullish trend. 75% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently 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
Momentum indicator is back over 0
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 horizontal resistance
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 | 9.92 | 11.17 | 12.00 | 12.07 | 12.42 | 13.34 | 14.71 |
| Change (%) | -17.81% | -7.46% | -0.58% | - | +2.90% | +10.52% | +21.87% |
| Change | -2.15 | -0.90 | -0.07 | - | +0.35 | +1.27 | +2.64 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.36 | 11.54 | 11.75 | 11.93 | 12.14 | 12.32 | 12.53 |
| Camarilla | 11.86 | 11.90 | 11.93 | 11.97 | 12.01 | 12.04 | 12.08 |
| Woodie | 11.39 | 11.55 | 11.78 | 11.94 | 12.17 | 12.33 | 12.56 |
| Fibonacci | 11.54 | 11.69 | 11.78 | 11.93 | 12.08 | 12.17 | 12.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.16 | 11.38 | 11.68 | 11.90 | 12.20 | 12.42 | 12.72 |
| Camarilla | 11.85 | 11.90 | 11.94 | 11.99 | 12.04 | 12.09 | 12.13 |
| Woodie | 11.21 | 11.40 | 11.73 | 11.92 | 12.25 | 12.44 | 12.77 |
| Fibonacci | 11.38 | 11.58 | 11.70 | 11.90 | 12.10 | 12.22 | 12.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.67 | 9.10 | 10.30 | 11.73 | 12.93 | 14.36 | 15.56 |
| Camarilla | 10.79 | 11.03 | 11.27 | 11.51 | 11.75 | 11.99 | 12.23 |
| Woodie | 7.57 | 9.04 | 10.20 | 11.67 | 12.83 | 14.30 | 15.46 |
| Fibonacci | 9.10 | 10.10 | 10.72 | 11.73 | 12.73 | 13.35 | 14.36 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.86 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -3.56 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 11.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.36 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 12.84 | |
| Zig ZAG (10): | 11.97 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 48.33 | |
| TEMA (21): | 11.80 | |
| Williams %R (14): | -35.25 | |
| Chande Momentum Oscillator (20): | 0.87 | |
| Repulse (5,40,3): | 1.8400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 9.05 |
| MA7: | 11.92 | |
| MA20: | 12.09 | |
| MA50: | 11.74 | |
| MA100: | 11.17 | |
| MAexp7: | 11.94 | |
| MAexp20: | 11.96 | |
| MAexp50: | 11.74 | |
| MAexp100: | 11.32 | |
| Price / MA7: | +1.26% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | +2.81% | |
| Price / MA100: | +8.06% | |
| Price / MAexp7: | +1.09% | |
| Price / MAexp20: | +0.92% | |
| Price / MAexp50: | +2.81% | |
| Price / MAexp100: | +6.63% |
News
Don"t forget to follow the news on CADIZ INC.. At the time of publication of this analysis, the latest news was as follows:
- B. Riley & Co. Acts as Sole Book-Running Manager on $11.2 Million Public Offering for Cadiz Inc.
- Cadiz Inc. Closes Public Offering of Common Stock and Sr. Debt Refinancing
- Cadiz Inc. Announces Pricing of Public Offering of Common Stock
- Cadiz Inc. Announces Proposed Public Offering of Common Stock
This member declared not having a position on this financial instrument or a related financial instrument.
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