IP GRP. ORD 2P

- GBX (-)

- 15 min delayed data - London Stock Exchange

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	IPO
ISIN:	GB00B128J450

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

6.6

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 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:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

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

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

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

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:

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

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