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Archive - 12/13/2024 - Sign In to see current Signals. |
Capri Hold (CPRI) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Capri Hold (CPRI). During the week, the CPRI dropped -0.93 points, or -4.17%, and closed at 21.36 on Friday, December 13, 2024. Weekly volume was 71% above average. CPRI is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most overbought 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 August 10, 2023 at 54.52 and reached 18.70 on November 14, 2024. CPRI lost 35.82 points, or 65.70%, in 66 weeks. The price is now at the 7.43% retracement level. Medium-term trend: [See CPRI medium-term trend chart] A medium-term downtrend had started on October 11, 2024 at 43.34 and reached 18.70 on November 14, 2024. CPRI lost 24.64 points, or 56.85%, in 4 weeks. The price is now at the 10.80% retracement level. Weekly Technical Indicators: [See CPRI weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 and Williams' Percentage Range help. The weekly MACD line is below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help. Short-term trend: [See CPRI short-term trend chart] A short-term uptrend had started on November 14, 2024 at 18.70 and reached 23.95 on November 29, 2024. CPRI gained -5.25 points, or -28.07%, in 15 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (22.50) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CPRI may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend. Daily Technical Indicators: [See CPRI daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is above its signal line since November 14, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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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