CINEWORLD GRP. ORD 1P

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CINE
ISIN:	GB00B15FWH70

CINEWORLD GRP. ORD 1P - Daily - Technical analysis published on 03/21/2021 (GMT)

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03/21/2021 - 07:13
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Timeframe : Daily
- Analysis generated on 03/21/2021 - 07:13
Status : INVALID

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CINEWORLD GRP. ORD 1P Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 113.65 GBX

My targets

128.80 GBX (+5.57%)

143.09 GBX (+17.28%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CINEWORLD GRP. ORD 1P as long as the price remains well above 113.65 GBX. The buyers” bullish objective is set at 128.80 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 143.09 GBX. If there is any crossing, the next objective would be the resistance located at 175.77 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

Comment on the analysis

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 renierlemmens.

Additional analysis

Quotes

The CINEWORLD GRP. ORD 1P price is 122.00 GBX. The price registered an increase of +0.99% on the session and was between 119.00 GBX and 124.80 GBX. This implies that the price is at +2.52% from its lowest and at -2.24% from its highest.

119.00

124.80

122.00

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CINEWORLD GRP. ORD 1P:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of CINEWORLD GRP. ORD 1P indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.01	90.70	113.65	122.00	128.80	175.77	213.37
Change (%)	-40.16%	-25.66%	-6.84%	-	+5.57%	+44.07%	+74.89%
Change	-48.99	-31.30	-8.35	-	+6.80	+53.77	+91.37
Level	Major	Major	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	113.27	116.13	119.07	121.93	124.87	127.73	130.67
Camarilla	120.41	120.94	121.47	122.00	122.53	123.06	123.60
Woodie	113.30	116.15	119.10	121.95	124.90	127.75	130.70
Fibonacci	116.13	118.35	119.72	121.93	124.15	125.52	127.73

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.52	97.13	109.57	117.18	129.62	137.23	149.67
Camarilla	116.49	118.32	120.16	122.00	123.84	125.68	127.51
Woodie	91.93	98.34	111.98	118.39	132.03	138.44	152.08
Fibonacci	97.13	104.79	109.52	117.18	124.84	129.57	137.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.01	58.57	78.37	90.93	110.73	123.29	143.09
Camarilla	89.26	92.23	95.19	98.16	101.13	104.09	107.06
Woodie	49.62	60.38	81.98	92.74	114.34	125.10	146.70
Fibonacci	58.57	70.94	78.57	90.93	103.30	110.93	123.29

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	70.33
MACD (12,26,9):	8.2500
Directional Movement:	20.90
AROON (14):	92.86
DEMA (21):	112.62
Parabolic SAR (0,02-0,02-0,2):	104.28
Elder Ray (13):	8.74
Super Trend (3,10):	95.04
Zig ZAG (10):	115.55
VORTEX (21):	1.1800
Stochastique (14,3,5):	81.25
TEMA (21):	114.45
Williams %R (14):	-9.63
Chande Momentum Oscillator (20):	15.57
Repulse (5,40,3):	6.8600
ROCnROLL:	1
TRIX (15,9):	1.3800
Courbe Coppock:	34.27

MA7:	107.79
MA20:	101.74
MA50:	84.17
MA100:	68.02
MAexp7:	109.63
MAexp20:	101.64
MAexp50:	87.76
MAexp100:	75.06
Price / MA7:	+13.18%
Price / MA20:	+19.91%
Price / MA50:	+44.94%
Price / MA100:	+79.36%
Price / MAexp7:	+11.28%
Price / MAexp20:	+20.03%
Price / MAexp50:	+39.02%
Price / MAexp100:	+62.54%

Quotes : 03/19/2021 - 00:00 - End-of-day data - London Stock Exchange

News

The latest news and videos published on CINEWORLD GRP. ORD 1P at the time of the analysis were as follows:

12/16/2019 - 02:00 Cineworld Group plc Announces Proposed C$2.8bn/US$2.1bn acquisition of Cineplex
04/24/2018 - 12:10 IMAX And Cineworld Group Sign Agreement To Install New IMAX® With Laser Experience In 55 Cineworld And Regal IMAX Locations
11/28/2017 - 22:26 Regal Cinemas Stock Sale Halted on Reports of Merger With Cineworld
11/28/2017 - 21:16 Cineworld In Talks With Regal Entertainment About Merger
03/09/2017 - 08:41 Cineworld Group

This member declared not having a position on this financial instrument or a related financial instrument.

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