RETAIL ESTATES - Daily - Technical analysis published on 10/04/2019 (GMT)
- 252
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 83.2 EUR
My targets
84.9 EUR (+0.24%)
87.1 EUR (+2.83%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RETAIL ESTATES as long as the price remains well above 83.2 EUR. The buyers” bullish objective is set at 84.9 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 87.1 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
4.1
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
RETAIL ESTATES rating 84.7 EUR. The price has increased by +0.71% since the last closing and was between 83.8 EUR and 84.9 EUR. This implies that the price is at +1.07% from its lowest and at -0.24% from its highest.83.8
84.9
84.7
Here is a more detailed summary of the historical variations registered by RETAIL ESTATES:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of RETAIL ESTATES indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bearish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Piercing line
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 78.2 | 82.0 | 83.2 | 84.7 | 84.9 | 87.1 |
| Change (%) | -7.67% | -3.19% | -1.77% | - | +0.24% | +2.83% |
| Change | -6.5 | -2.7 | -1.5 | - | +0.2 | +2.4 |
| Level | Intermediate | Major | Major | - | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.3 | 82.6 | 83.4 | 83.7 | 84.5 | 84.8 | 85.6 |
| Camarilla | 83.8 | 83.9 | 84.0 | 84.1 | 84.2 | 84.3 | 84.4 |
| Woodie | 82.5 | 82.7 | 83.6 | 83.8 | 84.7 | 84.9 | 85.8 |
| Fibonacci | 82.6 | 83.1 | 83.3 | 83.7 | 84.2 | 84.4 | 84.8 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.4 | 85.0 | 85.6 | 86.2 | 86.8 | 87.4 | 88.0 |
| Camarilla | 85.8 | 85.9 | 86.0 | 86.1 | 86.2 | 86.3 | 86.4 |
| Woodie | 84.3 | 85.0 | 85.5 | 86.2 | 86.7 | 87.4 | 87.9 |
| Fibonacci | 85.0 | 85.5 | 85.8 | 86.2 | 86.7 | 87.0 | 87.4 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.3 | 78.7 | 82.2 | 84.6 | 88.1 | 90.5 | 94.0 |
| Camarilla | 84.1 | 84.6 | 85.2 | 85.7 | 86.2 | 86.8 | 87.3 |
| Woodie | 76.9 | 79.0 | 82.8 | 84.9 | 88.7 | 90.8 | 94.6 |
| Fibonacci | 78.7 | 81.0 | 82.4 | 84.6 | 86.9 | 88.3 | 90.5 |
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): | 52.90 | |
| MACD (12,26,9): | 0.5000 | |
| Directional Movement: | 0.5 | |
| AROON (14): | -64.3 | |
| DEMA (21): | 85.5 | |
| Parabolic SAR (0,02-0,02-0,2): | 86.6 | |
| Elder Ray (13): | -0.6 | |
| Super Trend (3,10): | 86.4 | |
| Zig ZAG (10): | 84.7 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 25.00 | |
| TEMA (21): | 85.3 | |
| Williams %R (14): | -57.50 | |
| Chande Momentum Oscillator (20): | -1.2 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 1.10 |
| MA7: | 84.9 | |
| MA20: | 85.1 | |
| MA50: | 82.8 | |
| MA100: | 81.8 | |
| MAexp7: | 84.8 | |
| MAexp20: | 84.6 | |
| MAexp50: | 83.4 | |
| MAexp100: | 81.8 | |
| Price / MA7: | -0.24% | |
| Price / MA20: | -0.47% | |
| Price / MA50: | +2.29% | |
| Price / MA100: | +3.55% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +1.56% | |
| Price / MAexp100: | +3.55% |
News
Don"t forget to follow the news on RETAIL ESTATES. At the time of publication of this analysis, the latest news was as follows:
Retail EstatesThis member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis RETAIL ESTATES - Daily