TRITAX BIG BOX REIT ORD 1P - Daily - Technical analysis published on 08/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 148.0 GBX
My targets
145.3 GBX (-0.07%)
139.7 GBX (-3.92%)
My analysis
TRITAX BIG BOX REIT ORD 1P is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 148.0 GBX. The next support located at 145.3 GBX is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 139.7 GBX. Below this support, sellers could then target 135.4 GBX.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TRITAX BIG BOX REIT ORD 1P price is 145.4 GBX. The price has increased by +0.62% since the last closing with the lowest point at 144.4 GBX and the highest point at 145.7 GBX. The deviation from the price is +0.69% for the low point and -0.21% for the high point.144.4
145.7
145.4
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TRITAX BIG BOX REIT ORD 1P:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of TRITAX BIG BOX REIT ORD 1P in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
Bullish harami cross
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 135.4 | 139.7 | 145.3 | 145.4 | 148.0 | 151.6 | 156.9 |
| Change (%) | -6.88% | -3.92% | -0.07% | - | +1.79% | +4.26% | +7.91% |
| Change | -10.0 | -5.7 | -0.1 | - | +2.6 | +6.2 | +11.5 |
| Level | Minor | Major | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 142.2 | 142.6 | 143.6 | 144.0 | 145.0 | 145.4 | 146.4 |
| Camarilla | 144.1 | 144.2 | 144.4 | 144.5 | 144.6 | 144.8 | 144.9 |
| Woodie | 142.4 | 142.8 | 143.8 | 144.2 | 145.2 | 145.6 | 146.6 |
| Fibonacci | 142.6 | 143.2 | 143.5 | 144.0 | 144.6 | 144.9 | 145.4 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 132.9 | 137.6 | 141.1 | 145.8 | 149.3 | 154.0 | 157.5 |
| Camarilla | 142.2 | 143.0 | 143.8 | 144.5 | 145.3 | 146.0 | 146.8 |
| Woodie | 132.2 | 137.3 | 140.4 | 145.5 | 148.6 | 153.7 | 156.8 |
| Fibonacci | 137.6 | 140.8 | 142.7 | 145.8 | 149.0 | 150.9 | 154.0 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 141.3 | 146.8 | 149.9 | 155.3 | 158.4 | 163.9 | 167.0 |
| Camarilla | 150.7 | 151.4 | 152.2 | 153.0 | 153.8 | 154.6 | 155.4 |
| Woodie | 140.2 | 146.2 | 148.7 | 154.7 | 157.3 | 163.3 | 165.8 |
| Fibonacci | 146.8 | 150.0 | 152.1 | 155.3 | 158.6 | 160.6 | 163.9 |
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): | 31.30 | |
| MACD (12,26,9): | -2.5000 | |
| Directional Movement: | -22.6 | |
| AROON (14): | -78.6 | |
| DEMA (21): | 148.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 151.9 | |
| Elder Ray (13): | -4.2 | |
| Super Trend (3,10): | 151.5 | |
| Zig ZAG (10): | 145.3 | |
| VORTEX (21): | 0.7000 | |
| Stochastique (14,3,5): | 10.50 | |
| TEMA (21): | 145.1 | |
| Williams %R (14): | -83.10 | |
| Chande Momentum Oscillator (20): | -12.9 | |
| Repulse (5,40,3): | -2.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 13.70 |
| MA7: | 146.3 | |
| MA20: | 152.9 | |
| MA50: | 152.4 | |
| MA100: | 148.4 | |
| MAexp7: | 146.8 | |
| MAexp20: | 150.7 | |
| MAexp50: | 151.2 | |
| MAexp100: | 148.4 | |
| Price / MA7: | -0.62% | |
| Price / MA20: | -4.91% | |
| Price / MA50: | -4.59% | |
| Price / MA100: | -2.02% | |
| Price / MAexp7: | -0.95% | |
| Price / MAexp20: | -3.52% | |
| Price / MAexp50: | -3.84% | |
| Price / MAexp100: | -2.02% |
News
Don"t forget to follow the news on TRITAX BIG BOX REIT ORD 1P. At the time of publication of this analysis, the latest news was as follows:
Tritax Big Box REITThis member declared not having a position on this financial instrument or a related financial instrument.
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