Londinia Opportunities Analyses - 08/30/2024 (GMT) STERLING INFRASTRUCTURE INC. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 119.55 USD
My targets
122.68 USD (+1.88%)
125.31 USD (+4.06%)
My analysis
The bullish trend is currently very strong on STERLING INFRASTRUCTURE INC.. As long as the price remains above the support at 119.55 USD, you could try to benefit from the boom. The first bullish objective is located at 122.68 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 125.31 USD as an objective. Crossing it would then enable buyers to target 129.46 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8
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Additional analysis
Quotes
The STERLING INFRASTRUCTURE INC. rating is 120.42 USD. The price registered an increase of +1.19% on the session and was between 119.92 USD and 120.42 USD. This implies that the price is at +0.42% from its lowest and at 0% from its highest.119.92
120.42
120.42
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 STERLING INFRASTRUCTURE INC.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STERLING INFRASTRUCTURE INC. chart shows a strongly 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. 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 bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 112.67 | 116.39 | 119.55 | 120.42 | 122.68 | 125.31 | 129.46 |
| Change (%) | -6.44% | -3.35% | -0.72% | - | +1.88% | +4.06% | +7.51% |
| Change | -7.75 | -4.03 | -0.87 | - | +2.26 | +4.89 | +9.04 |
| Level | Major | Major | Major | - | Minor | Minor | Intermediate |
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 | 110.77 | 113.61 | 116.31 | 119.15 | 121.85 | 124.69 | 127.39 |
| Camarilla | 117.48 | 117.98 | 118.49 | 119.00 | 119.51 | 120.02 | 120.52 |
| Woodie | 110.69 | 113.58 | 116.23 | 119.12 | 121.77 | 124.66 | 127.31 |
| Fibonacci | 113.61 | 115.73 | 117.04 | 119.15 | 121.27 | 122.58 | 124.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.94 | 105.55 | 111.82 | 115.43 | 121.70 | 125.31 | 131.58 |
| Camarilla | 115.38 | 116.29 | 117.19 | 118.10 | 119.01 | 119.91 | 120.82 |
| Woodie | 103.28 | 106.22 | 113.16 | 116.10 | 123.04 | 125.98 | 132.92 |
| Fibonacci | 105.55 | 109.32 | 111.65 | 115.43 | 119.20 | 121.53 | 125.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.97 | 96.26 | 106.31 | 118.60 | 128.65 | 140.94 | 150.99 |
| Camarilla | 110.22 | 112.26 | 114.31 | 116.36 | 118.41 | 120.46 | 122.50 |
| Woodie | 82.85 | 95.70 | 105.19 | 118.04 | 127.53 | 140.38 | 149.87 |
| Fibonacci | 96.26 | 104.79 | 110.07 | 118.60 | 127.13 | 132.41 | 140.94 |
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): | 57.89 | |
| MACD (12,26,9): | 0.9600 | |
| Directional Movement: | 6.12 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 119.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 118.39 | |
| Elder Ray (13): | 0.96 | |
| Super Trend (3,10): | 117.27 | |
| Zig ZAG (10): | 120.30 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 64.75 | |
| TEMA (21): | 120.25 | |
| Williams %R (14): | -28.72 | |
| Chande Momentum Oscillator (20): | 1.96 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 4.39 |
| MA7: | 117.66 | |
| MA20: | 111.99 | |
| MA50: | 114.46 | |
| MA100: | 114.54 | |
| MAexp7: | 119.91 | |
| MAexp20: | 118.71 | |
| MAexp50: | 116.85 | |
| MAexp100: | 114.86 | |
| Price / MA7: | +2.35% | |
| Price / MA20: | +7.53% | |
| Price / MA50: | +5.21% | |
| Price / MA100: | +5.13% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +1.44% | |
| Price / MAexp50: | +3.06% | |
| Price / MAexp100: | +4.84% |
Quotes :
-
15 min delayed data
-
Actions NASDAQ
News
Don't forget to follow the news on STERLING INFRASTRUCTURE INC.. At the time of publication of this analysis, the latest news was as follows:
- Sterling Announces the Retirement of Charles R. Patton from the Board of Directors
- Sterling Announces Appointment of Dan Govin as Chief Operating Officer
- Sterling Reports Record Second Quarter 2024 Results and Raises Full Year Guidance
- Sterling Schedules 2024 Second Quarter Release and Conference Call
- Sterling to Participate in Upcoming Investor Conferences