FDM GRP. (HOLDINGS) ORD 1P - Daily - Technical analysis published on 02/03/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 915 GBX
My targets
1,030 GBX (+4.99%)
1,128 GBX (+14.98%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 915 GBX remains possible. It is advisable to trade FDM GRP. (HOLDINGS) ORD 1P with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 915 GBX. The next bullish objective for buyers is set at 1,030 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,128 GBX. PS: if there is a bearish break in the support located at 915 GBX we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
1.3
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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 FDM GRP. (HOLDINGS) ORD 1P rating is 981 GBX. On the day, this instrument lost +1.24% and was traded between 970 GBX and 988 GBX over the period. The price is currently at +1.13% from its lowest and -0.71% from its highest.970
988
981
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of FDM GRP. (HOLDINGS) ORD 1P indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the neutral 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, only 8 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 794 | 846 | 915 | 981 | 995 | 1,030 | 1,128 |
| Change (%) | -19.06% | -13.76% | -6.73% | - | +1.43% | +4.99% | +14.98% |
| Change | -187 | -135 | -66 | - | +14 | +49 | +147 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 956 | 963 | 973 | 980 | 990 | 997 | 1,007 |
| Camarilla | 979 | 981 | 982 | 984 | 986 | 987 | 989 |
| Woodie | 959 | 964 | 976 | 981 | 993 | 998 | 1,010 |
| Fibonacci | 963 | 969 | 973 | 980 | 986 | 990 | 997 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 921 | 953 | 981 | 1,013 | 1,041 | 1,073 | 1,101 |
| Camarilla | 994 | 999 | 1,005 | 1,010 | 1,016 | 1,021 | 1,027 |
| Woodie | 920 | 952 | 980 | 1,012 | 1,040 | 1,072 | 1,100 |
| Fibonacci | 953 | 976 | 990 | 1,013 | 1,036 | 1,050 | 1,073 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 767 | 838 | 940 | 1,011 | 1,113 | 1,184 | 1,286 |
| Camarilla | 994 | 1,010 | 1,026 | 1,042 | 1,058 | 1,074 | 1,090 |
| Woodie | 783 | 846 | 956 | 1,019 | 1,129 | 1,192 | 1,302 |
| Fibonacci | 838 | 904 | 945 | 1,011 | 1,077 | 1,118 | 1,184 |
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): | 49.00 | |
| MACD (12,26,9): | 3.0000 | |
| Directional Movement: | 5 | |
| AROON (14): | -86 | |
| DEMA (21): | 1,020 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,043 | |
| Elder Ray (13): | -15 | |
| Super Trend (3,10): | 982 | |
| Zig ZAG (10): | 999 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 25.00 | |
| TEMA (21): | 995 | |
| Williams %R (14): | -63.00 | |
| Chande Momentum Oscillator (20): | -27 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 7.00 |
| MA7: | 1,007 | |
| MA20: | 1,022 | |
| MA50: | 981 | |
| MA100: | 861 | |
| MAexp7: | 1,004 | |
| MAexp20: | 1,010 | |
| MAexp50: | 969 | |
| MAexp100: | 916 | |
| Price / MA7: | -2.58% | |
| Price / MA20: | -4.01% | |
| Price / MA50: | -0% | |
| Price / MA100: | +13.94% | |
| Price / MAexp7: | -2.29% | |
| Price / MAexp20: | -2.87% | |
| Price / MAexp50: | +1.24% | |
| Price / MAexp100: | +7.10% |
This member declared not having a position on this financial instrument or a related financial instrument.
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