RANK GRP. ORD 13 8/9P - Daily - Technical analysis published on 02/27/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 279.6 GBX
My targets
320.0 GBX (+9.22%)
339.1 GBX (+15.73%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RANK GRP. ORD 13 8/9P. As long as you are above the support located at 279.6 GBX, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 320.0 GBX would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 339.1 GBX as an objective. If the support 279.6 GBX were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.3
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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 RANK GRP. ORD 13 8/9P rating is 293.0 GBX. On the day, this instrument lost -2.82% and was traded between 280.0 GBX and 303.0 GBX over the period. The price is currently at +4.64% from its lowest and -3.30% from its highest.280.0
303.0
293.0
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RANK GRP. ORD 13 8/9P:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of RANK GRP. ORD 13 8/9P indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 212.0 | 249.0 | 279.6 | 293.0 | 295.5 | 320.0 | 339.1 |
| Change (%) | -27.65% | -15.02% | -4.57% | - | +0.85% | +9.22% | +15.73% |
| Change | -81.0 | -44.0 | -13.4 | - | +2.5 | +27.0 | +46.1 |
| Level | Minor | Major | Major | - | Major | Intermediate | Minor |
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 | 314.5 | 318.5 | 320.5 | 324.5 | 326.5 | 330.5 | 332.5 |
| Camarilla | 320.9 | 321.4 | 322.0 | 322.5 | 323.1 | 323.6 | 324.2 |
| Woodie | 313.5 | 318.0 | 319.5 | 324.0 | 325.5 | 330.0 | 331.5 |
| Fibonacci | 318.5 | 320.8 | 322.2 | 324.5 | 326.8 | 328.2 | 330.5 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 271.3 | 284.2 | 302.8 | 315.7 | 334.3 | 347.2 | 365.8 |
| Camarilla | 312.8 | 315.7 | 318.6 | 321.5 | 324.4 | 327.3 | 330.2 |
| Woodie | 274.3 | 285.6 | 305.8 | 317.1 | 337.3 | 348.6 | 368.8 |
| Fibonacci | 284.2 | 296.2 | 303.6 | 315.7 | 327.7 | 335.1 | 347.2 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 239.2 | 250.3 | 268.2 | 279.3 | 297.2 | 308.3 | 326.2 |
| Camarilla | 278.0 | 280.7 | 283.3 | 286.0 | 288.7 | 291.3 | 294.0 |
| Woodie | 242.5 | 252.0 | 271.5 | 281.0 | 300.5 | 310.0 | 329.5 |
| Fibonacci | 250.3 | 261.4 | 268.3 | 279.3 | 290.4 | 297.3 | 308.3 |
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): | 67.90 | |
| MACD (12,26,9): | 12.3000 | |
| Directional Movement: | 16.2 | |
| AROON (14): | 92.9 | |
| DEMA (21): | 323.9 | |
| Parabolic SAR (0,02-0,02-0,2): | 328.5 | |
| Elder Ray (13): | 6.0 | |
| Super Trend (3,10): | 299.8 | |
| Zig ZAG (10): | 320.5 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 87.50 | |
| TEMA (21): | 327.5 | |
| Williams %R (14): | -20.30 | |
| Chande Momentum Oscillator (20): | 18.5 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6000 | |
| Courbe Coppock: | 23.40 |
| MA7: | 322.2 | |
| MA20: | 305.2 | |
| MA50: | 286.8 | |
| MA100: | 257.5 | |
| MAexp7: | 320.2 | |
| MAexp20: | 308.0 | |
| MAexp50: | 287.1 | |
| MAexp100: | 260.8 | |
| Price / MA7: | -9.06% | |
| Price / MA20: | -4.00% | |
| Price / MA50: | +2.16% | |
| Price / MA100: | +13.79% | |
| Price / MAexp7: | -8.49% | |
| Price / MAexp20: | -4.87% | |
| Price / MAexp50: | +2.06% | |
| Price / MAexp100: | +12.35% |
This member declared not having a position on this financial instrument or a related financial instrument.
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