IP GRP. ORD 2P - Daily - Technical analysis published on 10/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 75.1 GBX
My targets
59.5 GBX (-1.98%)
28.8 GBX (-52.55%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on IP GRP. ORD 2P as long as the price remains well below 75.1 GBX. The sellers” bearish objective is set at 59.5 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 28.8 GBX. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
6.6
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.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IP GRP. ORD 2P rating is 60.7 GBX. The price registered an increase of +0.83% on the session and was between 58.5 GBX and 61.4 GBX. This implies that the price is at +3.76% from its lowest and at -1.14% from its highest.58.5
61.4
60.7
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of IP GRP. ORD 2P in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, only 8 technical indicators out of 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 28.8 | 59.5 | 60.7 | 75.1 | 87.9 | 101.6 |
| Change (%) | -52.55% | -1.98% | - | +23.72% | +44.81% | +67.38% |
| Change | -31.9 | -1.2 | - | +14.4 | +27.2 | +40.9 |
| Level | Intermediate | Major | - | Intermediate | Intermediate | Major |
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 | 56.7 | 58.1 | 59.1 | 60.5 | 61.5 | 62.9 | 63.9 |
| Camarilla | 59.5 | 59.8 | 60.0 | 60.2 | 60.4 | 60.6 | 60.9 |
| Woodie | 56.6 | 58.0 | 59.0 | 60.4 | 61.4 | 62.8 | 63.8 |
| Fibonacci | 58.1 | 59.0 | 59.6 | 60.5 | 61.4 | 62.0 | 62.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.5 | 54.2 | 59.8 | 62.5 | 68.1 | 70.8 | 76.4 |
| Camarilla | 63.0 | 63.8 | 64.5 | 65.3 | 66.1 | 66.8 | 67.6 |
| Woodie | 52.9 | 54.9 | 61.2 | 63.2 | 69.5 | 71.5 | 77.8 |
| Fibonacci | 54.2 | 57.4 | 59.4 | 62.5 | 65.7 | 67.7 | 70.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.9 | 46.2 | 54.9 | 63.2 | 71.9 | 80.2 | 88.9 |
| Camarilla | 59.0 | 60.6 | 62.1 | 63.7 | 65.3 | 66.8 | 68.4 |
| Woodie | 38.2 | 46.3 | 55.2 | 63.3 | 72.2 | 80.3 | 89.2 |
| Fibonacci | 46.2 | 52.7 | 56.7 | 63.2 | 69.7 | 73.7 | 80.2 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.80 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | -8.5 | |
| AROON (14): | 21.4 | |
| DEMA (21): | 61.8 | |
| Parabolic SAR (0,02-0,02-0,2): | 64.5 | |
| Elder Ray (13): | -2.1 | |
| Super Trend (3,10): | 57.5 | |
| Zig ZAG (10): | 60.7 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 47.50 | |
| TEMA (21): | 62.4 | |
| Williams %R (14): | -57.50 | |
| Chande Momentum Oscillator (20): | -2.2 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 5.60 |
| MA7: | 62.1 | |
| MA20: | 63.0 | |
| MA50: | 61.9 | |
| MA100: | 68.9 | |
| MAexp7: | 61.8 | |
| MAexp20: | 62.1 | |
| MAexp50: | 63.8 | |
| MAexp100: | 70.1 | |
| Price / MA7: | -2.25% | |
| Price / MA20: | -3.65% | |
| Price / MA50: | -1.94% | |
| Price / MA100: | -11.90% | |
| Price / MAexp7: | -1.78% | |
| Price / MAexp20: | -2.25% | |
| Price / MAexp50: | -4.86% | |
| Price / MAexp100: | -13.41% |
News
The last news published on IP GRP. ORD 2P at the time of the generation of this analysis was as follows:
- Invesco Ltd. : Form 8 (DD) - IP Group Plc
- Invesco Ltd. : Form 8 (DD) - IP Group Plc
- Invesco Ltd. : Form 8.3 - IP Group Plc
- Invesco Ltd. : Form 8 (DD) - IP Group PLC
- Invesco Ltd. : Form 8 (DD) IP Group Plc
This member declared not having a position on this financial instrument or a related financial instrument.
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