TEMPLETON EMRG. ORD 5P - Daily - Technical analysis published on 11/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 769 GBX
My targets
792 GBX (+0.25%)
807 GBX (+2.15%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on TEMPLETON EMRG. ORD 25P. This is a positive signal for buyers. As long as the price remains above 769 GBX, a purchase could be considered. The first bullish objective is located at 792 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 807 GBX as an objective. Crossing it would then enable buyers to target 825 GBX. In the event of a return below 769 GBX, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.2
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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 TEMPLETON EMRG. ORD 25P price is 790 GBX. The price has increased by +0.00% since the last closing and was between 785 GBX and 790 GBX. This implies that the price is at +0.64% from its lowest and at 0% from its highest.785
790
790
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this TEMPLETON EMRG. ORD 25P chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 737 | 754 | 769 | 790 | 792 | 807 | 825 |
| Change (%) | -6.71% | -4.56% | -2.66% | - | +0.25% | +2.15% | +4.43% |
| Change | -53 | -36 | -21 | - | +2 | +17 | +35 |
| Level | Minor | Major | Minor | - | 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 | 781 | 785 | 787 | 791 | 793 | 797 | 799 |
| Camarilla | 788 | 789 | 789 | 790 | 791 | 791 | 792 |
| Woodie | 781 | 785 | 787 | 791 | 793 | 797 | 799 |
| Fibonacci | 785 | 787 | 788 | 791 | 793 | 794 | 797 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 755 | 766 | 776 | 787 | 797 | 808 | 818 |
| Camarilla | 781 | 783 | 785 | 787 | 789 | 791 | 793 |
| Woodie | 756 | 766 | 777 | 787 | 798 | 808 | 819 |
| Fibonacci | 766 | 774 | 779 | 787 | 795 | 800 | 808 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 702 | 728 | 742 | 768 | 782 | 808 | 822 |
| Camarilla | 744 | 748 | 751 | 755 | 759 | 762 | 766 |
| Woodie | 695 | 725 | 735 | 765 | 775 | 805 | 815 |
| Fibonacci | 728 | 744 | 753 | 768 | 784 | 793 | 808 |
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): | 54.00 | |
| MACD (12,26,9): | 3.0000 | |
| Directional Movement: | 7 | |
| AROON (14): | 36 | |
| DEMA (21): | 786 | |
| Parabolic SAR (0,02-0,02-0,2): | 802 | |
| Elder Ray (13): | 3 | |
| Super Trend (3,10): | 773 | |
| Zig ZAG (10): | 787 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 66.00 | |
| TEMA (21): | 790 | |
| Williams %R (14): | -35.00 | |
| Chande Momentum Oscillator (20): | 12 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 6.00 |
| MA7: | 786 | |
| MA20: | 779 | |
| MA50: | 782 | |
| MA100: | 786 | |
| MAexp7: | 787 | |
| MAexp20: | 783 | |
| MAexp50: | 781 | |
| MAexp100: | 778 | |
| Price / MA7: | +0.51% | |
| Price / MA20: | +1.41% | |
| Price / MA50: | +1.02% | |
| Price / MA100: | +0.51% | |
| Price / MAexp7: | +0.38% | |
| Price / MAexp20: | +0.89% | |
| Price / MAexp50: | +1.15% | |
| Price / MAexp100: | +1.54% |
This member declared not having a position on this financial instrument or a related financial instrument.
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