Londinia Opportunities Analyses - 05/02/2024 (GMT) STANDEX INTERNATIONAL - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	SXI
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 173.01 USD

My targets

178.54 USD (+1.87%)

180.86 USD (+3.19%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STANDEX INTERNATIONAL as long as the price remains well above 173.01 USD. The buyers' bullish objective is set at 178.54 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 180.86 USD. If there is any crossing, the next objective would be the resistance located at 183.18 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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Additional analysis

Quotes

STANDEX INTERNATIONAL rating 175.27 USD. The price has increased by +0.67% since the last closing with the lowest point at 172.48 USD and the highest point at 175.91 USD. The deviation from the price is +1.62% for the low point and -0.36% for the high point.

172.48

175.91

175.27

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of STANDEX INTERNATIONAL in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 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 : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	168.55	170.96	173.01	175.27	175.99	178.54	180.86
Change (%)	-3.83%	-2.46%	-1.29%	-	+0.41%	+1.87%	+3.19%
Change	-6.72	-4.31	-2.26	-	+0.72	+3.27	+5.59
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	165.58	167.71	170.91	173.04	176.24	178.37	181.57
Camarilla	172.63	173.12	173.61	174.10	174.59	175.08	175.57
Woodie	166.11	167.98	171.44	173.31	176.77	178.64	182.10
Fibonacci	167.71	169.75	171.01	173.04	175.08	176.34	178.37

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	164.57	166.32	169.57	171.32	174.57	176.32	179.57
Camarilla	171.44	171.89	172.35	172.81	173.27	173.73	174.19
Woodie	165.31	166.70	170.31	171.70	175.31	176.70	180.31
Fibonacci	166.32	168.23	169.41	171.32	173.23	174.41	176.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	147.66	156.93	164.90	174.17	182.14	191.41	199.38
Camarilla	168.14	169.72	171.30	172.88	174.46	176.04	177.62
Woodie	147.02	156.61	164.26	173.85	181.50	191.09	198.74
Fibonacci	156.93	163.51	167.58	174.17	180.75	184.82	191.41

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):	56.50
MACD (12,26,9):	0.6400
Directional Movement:	8.29
AROON (14):	71.43
DEMA (21):	174.65
Parabolic SAR (0,02-0,02-0,2):	171.41
Elder Ray (13):	1.22
Super Trend (3,10):	175.69
Zig ZAG (10):	175.07
VORTEX (21):	1.0300
Stochastique (14,3,5):	92.47
TEMA (21):	174.75
Williams %R (14):	-13.93
Chande Momentum Oscillator (20):	2.29
Repulse (5,40,3):	0.1300
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	0.45

MA7:	173.44
MA20:	171.71
MA50:	173.93
MA100:	162.35
MAexp7:	174.60
MAexp20:	173.81
MAexp50:	172.73
MAexp100:	172.31
Price / MA7:	+1.06%
Price / MA20:	+2.07%
Price / MA50:	+0.77%
Price / MA100:	+7.96%
Price / MAexp7:	+0.38%
Price / MAexp20:	+0.84%
Price / MAexp50:	+1.47%
Price / MAexp100:	+1.72%

Quotes : - 15 min delayed data - Actions NYSE

News

Don't forget to follow the news on STANDEX INTERNATIONAL. At the time of publication of this analysis, the latest news was as follows: