Shoe Carnival, Inc. ($SCVL): The Good, The Bad, The Ugly (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how SCVL has been trading over the last 2 weeks and the past day especially. On its latest session, Shoe Carnival, Inc. ($SCVL) opened at 36.26, reaching a high of 37.17 and a low of 36.065 before closing at a price of 36.38. There was a total volume of 114462.

VOLUME INDICATORS FOR SHOE CARNIVAL, INC. ($SCVL): We saw an accumulation-distribution index of 122.25688, an on-balance volume of -35.96, chaikin money flow of 1.42857 and a force index of 1.03695. There was an ease of movement rating of 0.02435, a volume-price trend of 9.20723 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR SHOE CARNIVAL, INC. ($SCVL): We noted an average true range of 0.58714, bolinger bands of 37.16663, an upper bollinger band of 33.75837, lower bollinger band of 36.065, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 36.49833, high band keltner channel of 35.58833, low band keltner channel of 37.40833, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 36.065, a donchian channel low band of 36.065, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR SHOE CARNIVAL, INC. ($SCVL): We calculated a Moving Average Convergence Divergence (MACD) of -0.02704, a MACD signal of -0.01502, a MACD difference of -0.01202, a fast Exponential Moving Average (EMA) indicator of 36.065, a slow Exponential Moving Average (EMA) indicator of 36.065, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.48891, a trix of 18.17385, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -7.27723, a KST Oscillator (KST) of 252.78903 and a KST Oscillator (KST Signal) of 252.78903 (leaving a KST difference of -10.46451). We also found an Ichimoku rating of 36.715, an Ichimoku B rating of 36.715, a Ichimoku visual trend A of 30.13723, an Ichimoku visual trend B of 31.2761, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR SHOE CARNIVAL, INC. ($SCVL): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 97.39034, a stochastic oscillator of 121.42857, a stochastic oscillator signal of 121.42857, a Williams %R rating of 21.42857 and an awesome oscillator of -0.34067.

RETURNS FOR SHOE CARNIVAL, INC. ($SCVL): There was a daily return of 25.2789, a daily log return of -3.39828 and a cumulative return of -3.34119.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Shoe Carnival, Inc. ($SCVL)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Shoe Carnival, Inc. ($SCVL) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *