Londinia Opportunities Analyses - 05/02/2024 (GMT) SITE CENTERS CORP. - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 13.81 USD
My targets
14.16 USD (+1.87%)
14.61 USD (+5.11%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SITE CENTERS CORP. as long as the price remains well above 13.81 USD. The buyers' bullish objective is set at 14.16 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.61 USD. If there is any crossing, the next objective would be the resistance located at 15.84 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.9
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Additional analysis
Quotes
The SITE CENTERS CORP. rating is 13.90 USD. The price has increased by +1.24% since the last closing and was between 13.80 USD and 13.93 USD. This implies that the price is at +0.72% from its lowest and at -0.22% from its highest.13.80
13.93
13.90
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SITE CENTERS CORP.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SITE CENTERS CORP. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.37 | 13.62 | 13.81 | 13.90 | 14.16 | 14.61 | 15.84 |
| Change (%) | -3.81% | -2.01% | -0.65% | - | +1.87% | +5.11% | +13.96% |
| Change | -0.53 | -0.28 | -0.09 | - | +0.26 | +0.71 | +1.94 |
| Level | Major | Intermediate | Intermediate | - | Major | Major | 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 | 13.05 | 13.27 | 13.50 | 13.72 | 13.95 | 14.17 | 14.40 |
| Camarilla | 13.61 | 13.65 | 13.69 | 13.73 | 13.77 | 13.81 | 13.85 |
| Woodie | 13.06 | 13.27 | 13.51 | 13.72 | 13.96 | 14.17 | 14.41 |
| Fibonacci | 13.27 | 13.44 | 13.55 | 13.72 | 13.89 | 14.00 | 14.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.91 | 13.18 | 13.33 | 13.60 | 13.75 | 14.02 | 14.17 |
| Camarilla | 13.37 | 13.40 | 13.44 | 13.48 | 13.52 | 13.56 | 13.60 |
| Woodie | 12.85 | 13.15 | 13.27 | 13.57 | 13.69 | 13.99 | 14.11 |
| Fibonacci | 13.18 | 13.34 | 13.44 | 13.60 | 13.76 | 13.86 | 14.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.50 | 12.36 | 12.93 | 13.79 | 14.36 | 15.22 | 15.79 |
| Camarilla | 13.10 | 13.23 | 13.36 | 13.49 | 13.62 | 13.75 | 13.88 |
| Woodie | 11.35 | 12.29 | 12.78 | 13.72 | 14.21 | 15.15 | 15.64 |
| Fibonacci | 12.36 | 12.91 | 13.25 | 13.79 | 14.34 | 14.68 | 15.22 |
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): | 61.14 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 12.28 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 13.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.52 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 13.55 | |
| Zig ZAG (10): | 13.89 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 86.58 | |
| TEMA (21): | 13.89 | |
| Williams %R (14): | -9.90 | |
| Chande Momentum Oscillator (20): | 0.41 | |
| Repulse (5,40,3): | 0.2800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 4.66 |
| MA7: | 13.67 | |
| MA20: | 13.74 | |
| MA50: | 13.89 | |
| MA100: | 13.74 | |
| MAexp7: | 13.86 | |
| MAexp20: | 13.75 | |
| MAexp50: | 13.70 | |
| MAexp100: | 13.72 | |
| Price / MA7: | +1.68% | |
| Price / MA20: | +1.16% | |
| Price / MA50: | +0.07% | |
| Price / MA100: | +1.16% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +1.09% | |
| Price / MAexp50: | +1.46% | |
| Price / MAexp100: | +1.31% |
Quotes :
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15 min delayed data
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