CALAMP CORP. - Daily - Technical analysis published on 09/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
CALAMP CORP. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 11.59 USD
My targets
12.08 USD (+3.25%)
12.83 USD (+9.66%)
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 CALAMP CORP. as long as the price remains well above 11.59 USD. The buyers” bullish objective is set at 12.08 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.83 USD. If there is any crossing, the next objective would be the resistance located at 14.01 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
5.7
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The CALAMP CORP. price is 11.70 USD. On the day, this instrument gained +3.08% and was traded between 11.14 USD and 11.74 USD over the period. The price is currently at +5.03% from its lowest and -0.34% from its highest.11.14
11.74
11.70
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CALAMP CORP. in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
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 : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.02 | 10.66 | 11.59 | 11.70 | 12.08 | 12.83 | 14.01 |
| Change (%) | -14.36% | -8.89% | -0.94% | - | +3.25% | +9.66% | +19.74% |
| Change | -1.68 | -1.04 | -0.11 | - | +0.38 | +1.13 | +2.31 |
| Level | Major | Minor | Major | - | Major | Minor | Minor |
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 | 10.22 | 10.46 | 10.90 | 11.14 | 11.58 | 11.82 | 12.26 |
| Camarilla | 11.16 | 11.23 | 11.29 | 11.35 | 11.41 | 11.48 | 11.54 |
| Woodie | 10.33 | 10.51 | 11.01 | 11.19 | 11.69 | 11.87 | 12.37 |
| Fibonacci | 10.46 | 10.72 | 10.88 | 11.14 | 11.40 | 11.56 | 11.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.80 | 9.12 | 9.69 | 10.01 | 10.58 | 10.90 | 11.47 |
| Camarilla | 10.02 | 10.10 | 10.18 | 10.26 | 10.34 | 10.42 | 10.51 |
| Woodie | 8.93 | 9.18 | 9.82 | 10.07 | 10.71 | 10.96 | 11.60 |
| Fibonacci | 9.12 | 9.46 | 9.67 | 10.01 | 10.35 | 10.56 | 10.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.83 | 8.09 | 8.85 | 10.11 | 10.86 | 12.12 | 12.88 |
| Camarilla | 9.05 | 9.23 | 9.42 | 9.60 | 9.79 | 9.97 | 10.16 |
| Woodie | 6.58 | 7.96 | 8.59 | 9.98 | 10.61 | 12.00 | 12.63 |
| Fibonacci | 8.09 | 8.86 | 9.34 | 10.11 | 10.88 | 11.35 | 12.12 |
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): | 72.22 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | 28.92 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 10.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.67 | |
| Elder Ray (13): | 1.03 | |
| Super Trend (3,10): | 10.22 | |
| Zig ZAG (10): | 11.70 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 98.66 | |
| TEMA (21): | 10.71 | |
| Williams %R (14): | -1.68 | |
| Chande Momentum Oscillator (20): | 2.24 | |
| Repulse (5,40,3): | 12.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 15.94 |
| MA7: | 10.52 | |
| MA20: | 9.98 | |
| MA50: | 10.54 | |
| MA100: | 11.28 | |
| MAexp7: | 10.75 | |
| MAexp20: | 10.30 | |
| MAexp50: | 10.51 | |
| MAexp100: | 11.27 | |
| Price / MA7: | +11.22% | |
| Price / MA20: | +17.23% | |
| Price / MA50: | +11.01% | |
| Price / MA100: | +3.72% | |
| Price / MAexp7: | +8.84% | |
| Price / MAexp20: | +13.59% | |
| Price / MAexp50: | +11.32% | |
| Price / MAexp100: | +3.82% |
News
Don"t forget to follow the news on CALAMP CORP.. At the time of publication of this analysis, the latest news was as follows:
- Virginia, Minnesota, New York and North Carolina School Districts Adopt CalAmp's Technology to Improve School Bus Service
- CalAmp's TRACKER U.K. Expands Global Telematics Expertise With SmartDealer And SmartDrive
- Here Comes The Bus® Expands Across North America To Serve More Families
- Arizona and Pennsylvania School Districts Select CalAmp's Synovia Solutions Technology to Improve School Bus Service
- CalAmp To Present at the Canaccord Genuity Growth Conference on August 7
This member declared not having a position on this financial instrument or a related financial instrument.
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