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Advanced TA SearchArchive - 6/7/2024 - Sign In to see current Signals. |
Capri Hold (CPRI) Technical Analysis
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| Summary:
| | Weekly :![Oversold sector](images\bullish.gif) ![Relative Strength Index and Lane's Stochastic oversold](images\bullish.gif) ![Williams' Percentage Range is strongly oversold](images\bullish.gif) ![Relative Strength Index and Lane's Stochastic bullish divergence](images\bullish.gif) | | Daily :![The price has risen above the Parabolic SAR](images\bullish.gif) ![Price is near the Fibonacci 23.6% retracement level](images\alert_signals.gif) Move cursor over the icon to see details.
| | It was the negative week for the Capri Hold (CPRI). During the week, the CPRI dropped -0.65 points, or -1.88%, and closed at 33.90 on Friday, June 7, 2024. Weekly volume was -48% below average. CPRI is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CPRI long-term trend chart] A long-term downtrend had started on February 10, 2022 at 72.37 and reached 32.95 on May 30, 2024. CPRI lost 39.42 points, or 54.47%, in 120 weeks. Price is near the trend low.
Medium-term trend: [See CPRI medium-term trend chart] A medium-term downtrend had started on August 10, 2023 at 54.52 and reached 32.95 on May 30, 2024. CPRI lost 21.57 points, or 39.56%, in 42 weeks. Price is near the trend low.
Weekly Technical Indicators: [See CPRI weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is below its signal line since November 17, 2023. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See CPRI short-term trend chart] A short-term downtrend had started on May 7, 2024 at 37.00 and reached 32.95 on May 30, 2024. CPRI lost 4.05 points, or 10.95%, in 23 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See CPRI daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since May 2, 2024. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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