BOOHOO GRP. ORD 1P - Daily - Technical analysis published on 12/02/2019 (GMT)
- 457
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 282.0 GBX
My targets
336.6 GBX (+10.92%)
357.9 GBX (+17.91%)
My analysis
BOOHOO GRP. ORD 1P is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 282.0 GBX. The next resistance located at 336.6 GBX is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 357.9 GBX. After this resistance, buyers could then target 398.8 GBX. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
7.9
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 BOOHOO GRP. ORD 1P price is 303.5 GBX. The price is lower by -3.77% since the last closing and was traded between 298.6 GBX and 311.7 GBX over the period. The price is currently at +1.64% from its lowest and -2.63% from its highest.298.6
311.7
303.5
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a 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
Technical
Technical analysis of this Daily chart of BOOHOO GRP. ORD 1P indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
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
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 244.8 | 258.7 | 282.0 | 303.5 |
| Change (%) | -19.34% | -14.76% | -7.08% | - |
| Change | -58.7 | -44.8 | -21.5 | - |
| Level | Major | Major | 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 | 306.8 | 309.1 | 312.3 | 314.6 | 317.7 | 320.1 | 323.2 |
| Camarilla | 313.9 | 314.4 | 314.9 | 315.4 | 315.9 | 316.4 | 316.9 |
| Woodie | 307.2 | 309.3 | 312.7 | 314.8 | 318.1 | 320.3 | 323.6 |
| Fibonacci | 309.1 | 311.2 | 312.5 | 314.6 | 316.7 | 318.0 | 320.1 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 281.7 | 289.1 | 302.2 | 309.6 | 322.7 | 330.1 | 343.2 |
| Camarilla | 309.8 | 311.6 | 313.5 | 315.4 | 317.3 | 319.2 | 321.0 |
| Woodie | 284.7 | 290.5 | 305.2 | 311.0 | 325.7 | 331.5 | 346.2 |
| Fibonacci | 289.1 | 296.9 | 301.7 | 309.6 | 317.4 | 322.2 | 330.1 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 212.2 | 233.5 | 274.4 | 295.7 | 336.6 | 357.9 | 398.8 |
| Camarilla | 298.3 | 304.0 | 309.7 | 315.4 | 321.1 | 326.8 | 332.5 |
| Woodie | 222.1 | 238.4 | 284.3 | 300.6 | 346.5 | 362.8 | 408.7 |
| Fibonacci | 233.5 | 257.2 | 271.9 | 295.7 | 319.4 | 334.1 | 357.9 |
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): | 68.70 | |
| MACD (12,26,9): | 12.2000 | |
| Directional Movement: | 14.3 | |
| AROON (14): | 92.9 | |
| DEMA (21): | 305.0 | |
| Parabolic SAR (0,02-0,02-0,2): | 295.3 | |
| Elder Ray (13): | 7.5 | |
| Super Trend (3,10): | 291.6 | |
| Zig ZAG (10): | 305.0 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 90.90 | |
| TEMA (21): | 313.0 | |
| Williams %R (14): | -20.10 | |
| Chande Momentum Oscillator (20): | 43.3 | |
| Repulse (5,40,3): | 0.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4000 | |
| Courbe Coppock: | 35.20 |
| MA7: | 308.4 | |
| MA20: | 283.5 | |
| MA50: | 274.9 | |
| MA100: | 258.1 | |
| MAexp7: | 305.8 | |
| MAexp20: | 290.9 | |
| MAexp50: | 276.4 | |
| MAexp100: | 261.5 | |
| Price / MA7: | -1.59% | |
| Price / MA20: | +7.05% | |
| Price / MA50: | +10.40% | |
| Price / MA100: | +17.59% | |
| Price / MAexp7: | -0.75% | |
| Price / MAexp20: | +4.33% | |
| Price / MAexp50: | +9.80% | |
| Price / MAexp100: | +16.06% |
News
The last news published on BOOHOO GRP. ORD 1P at the time of the generation of this analysis was as follows:
-
Boohoo.com & Fevertree up for AIM company of the year
-
Stock in Focus: Boohoo - Mark Johnson
-
Boohoo 'going strongly' ahead of interims, says AIM Journal's Andrew Hore
-
boohoo.com
-
Boohoo shares to add another 25% over next few months
This 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 BOOHOO GRP. ORD 1P - Daily