HOCHSCHILD MINING ORD 1P - Daily - Technical analysis published on 12/20/2019 (GMT)
- 354
- 0
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 bearish
De fond:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 160.4 GBX
My targets
150.3 GBX (-3.03%)
141.2 GBX (-8.90%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HOCHSCHILD MINING ORD 25P as long as the price remains well below 160.4 GBX. The sellers” bearish objective is set at 150.3 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 141.2 GBX. In case of crossing, the next objective would be the support located at 115.2 GBX. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.6
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
HOCHSCHILD MINING ORD 25P rating 155.0 GBX. The price has increased by +1.97% since the last closing and was traded between 153.8 GBX and 159.0 GBX over the period. The price is currently at +0.78% from its lowest and -2.52% from its highest.153.8
159.0
155.0
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
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
A technical analysis in Daily of this HOCHSCHILD MINING ORD 25P chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are 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
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 65.5 | 115.2 | 150.3 | 155.0 | 160.4 | 176.3 | 187.4 |
| Change (%) | -57.74% | -25.68% | -3.03% | - | +3.48% | +13.74% | +20.90% |
| Change | -89.5 | -39.8 | -4.7 | - | +5.4 | +21.3 | +32.4 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
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 | 139.4 | 144.9 | 148.4 | 153.9 | 157.4 | 162.9 | 166.4 |
| Camarilla | 149.5 | 150.4 | 151.2 | 152.0 | 152.8 | 153.7 | 154.5 |
| Woodie | 138.5 | 144.4 | 147.5 | 153.4 | 156.5 | 162.4 | 165.5 |
| Fibonacci | 144.9 | 148.3 | 150.4 | 153.9 | 157.3 | 159.4 | 162.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 141.2 | 148.8 | 152.5 | 160.1 | 163.8 | 171.4 | 175.1 |
| Camarilla | 153.2 | 154.2 | 155.3 | 156.3 | 157.3 | 158.4 | 159.4 |
| Woodie | 139.4 | 147.8 | 150.7 | 159.1 | 162.0 | 170.4 | 173.3 |
| Fibonacci | 148.8 | 153.1 | 155.8 | 160.1 | 164.4 | 167.1 | 171.4 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.8 | 119.4 | 141.2 | 176.8 | 198.6 | 234.2 | 256.0 |
| Camarilla | 147.2 | 152.5 | 157.7 | 163.0 | 168.3 | 173.5 | 178.8 |
| Woodie | 76.9 | 116.0 | 134.3 | 173.4 | 191.7 | 230.8 | 249.1 |
| Fibonacci | 119.4 | 141.3 | 154.9 | 176.8 | 198.7 | 212.3 | 234.2 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.00 | |
| MACD (12,26,9): | -6.7000 | |
| Directional Movement: | -13.6 | |
| AROON (14): | -78.6 | |
| DEMA (21): | 154.5 | |
| Parabolic SAR (0,02-0,02-0,2): | 166.4 | |
| Elder Ray (13): | -3.9 | |
| Super Trend (3,10): | 176.0 | |
| Zig ZAG (10): | 157.1 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 24.30 | |
| TEMA (21): | 153.9 | |
| Williams %R (14): | -63.50 | |
| Chande Momentum Oscillator (20): | -7.1 | |
| Repulse (5,40,3): | -3.6000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6000 | |
| Courbe Coppock: | 8.00 |
| MA7: | 158.2 | |
| MA20: | 161.0 | |
| MA50: | 179.4 | |
| MA100: | 193.3 | |
| MAexp7: | 157.7 | |
| MAexp20: | 163.7 | |
| MAexp50: | 175.5 | |
| MAexp100: | 183.9 | |
| Price / MA7: | -2.02% | |
| Price / MA20: | -3.73% | |
| Price / MA50: | -13.60% | |
| Price / MA100: | -19.81% | |
| Price / MAexp7: | -1.71% | |
| Price / MAexp20: | -5.31% | |
| Price / MAexp50: | -11.68% | |
| Price / MAexp100: | -15.72% |
News
The latest news and videos published on HOCHSCHILD MINING ORD 25P at the time of the analysis were as follows:
-
Hochschild Mining gets it on the rare earths act as it acquires development project
-
Hochschild Mining
-
Hochschild Mining
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 HOCHSCHILD MINING ORD 1P - Daily