Londinia Opportunities Analyses - 05/16/2024 (GMT) TRUPANION INC. - 1H

TRUPANION INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: TRUP
ISIN:

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%
6%
17%
My opinion
Bullish above 31.29 USD
My targets
34.78 USD (+5.43%)
35.18 USD (+6.64%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TRUPANION INC. as long as the price remains well above 31.29 USD. The buyers' bullish objective is set at 34.78 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 35.18 USD. If there is any crossing, the next objective would be the resistance located at 67.82 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
8.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

TRUPANION INC. rating 32.99 USD. The price has increased by +16.45% since the last closing with the lowest point at 30.28 USD and the highest point at 33.93 USD. The deviation from the price is +8.95% for the low point and -2.77% for the high point.

30.28
33.93
32.99

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on TRUPANION INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of TRUPANION INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 27.80 29.50 31.29 32.99 33.12 35.18 67.82
Change (%) -15.73% -10.58% -5.15% - +0.39% +6.64% +105.58%
Change -5.19 -3.49 -1.70 - +0.13 +2.19 +34.83
Level Intermediate Minor Minor - Minor Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.2823.3425.8428.9031.4034.4636.96
Camarilla26.8027.3127.8228.3328.8429.3529.86
Woodie19.9923.2025.5528.7631.1134.3236.67
Fibonacci23.3425.4726.7828.9031.0332.3434.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.1617.6121.7024.1528.2430.6934.78
Camarilla24.0024.6025.2025.8026.4027.0027.60
Woodie15.9918.0222.5324.5629.0731.1035.61
Fibonacci17.6120.1121.6524.1526.6528.1930.69


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.6516.9119.7123.9726.7731.0333.83
Camarilla20.5621.2121.8522.5023.1523.7924.44
Woodie11.9116.5518.9723.6126.0330.6733.09
Fibonacci16.9119.6121.2823.9726.6728.3431.03

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): 62.60
MACD (12,26,9): 0.8500
Directional Movement: 24.26
AROON (14): 28.57
DEMA (21): 30.98
Parabolic SAR (0,02-0,02-0,2): 26.84
Elder Ray (13): 2.20
Super Trend (3,10): 27.68
Zig ZAG (10): 32.51
VORTEX (21): 1.0000
Stochastique (14,3,5): 78.62
TEMA (21): 30.83
Williams %R (14): -13.43
Chande Momentum Oscillator (20): 1.41
Repulse (5,40,3): 3.8300
ROCnROLL: 1
TRIX (15,9): 0.4500
Courbe Coppock: 11.09
MA7: 28.20
MA20: 24.87
MA50: 25.58
MA100: 26.97
MAexp7: 31.42
MAexp20: 29.79
MAexp50: 27.94
MAexp100: 26.33
Price / MA7: +16.99%
Price / MA20: +32.65%
Price / MA50: +28.97%
Price / MA100: +22.32%
Price / MAexp7: +5.00%
Price / MAexp20: +10.74%
Price / MAexp50: +18.07%
Price / MAexp100: +25.29%

Quotes : - 15 min delayed data - Actions NASDAQ