CENTRICA ORD 6 14/81P - Daily - Technical analysis published on 06/25/2019 (GMT)
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- Timeframe : Daily
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- Status : WITHOUT TARGET
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 92.90 GBX
My targets
-
My analysis
The bearish trend is currently very strong for CENTRICA ORD 6 14/81P. As long as the price remains below the resistance at 92.90 GBX, you could try to take advantage of the bearish rally. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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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
CENTRICA ORD 6 14/81P rating 88.40 GBX. The price registered a decrease of -0.20% on the session and was traded between 87.56 GBX and 88.50 GBX over the period. The price is currently at +0.96% from its lowest and -0.11% from its highest.87.56
88.50
88.40
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CENTRICA ORD 6 14/81P:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 CENTRICA ORD 6 14/81P 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 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
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:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 88.40 | 92.90 | 124.10 | 128.85 |
| Change (%) | - | +5.09% | +40.38% | +45.76% |
| Change | - | +4.50 | +35.70 | +40.45 |
| Level | - | Major | Minor | Minor |
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 | 85.54 | 86.38 | 87.48 | 88.32 | 89.42 | 90.26 | 91.36 |
| Camarilla | 88.05 | 88.22 | 88.40 | 88.58 | 88.76 | 88.94 | 89.11 |
| Woodie | 85.67 | 86.44 | 87.61 | 88.39 | 89.55 | 90.32 | 91.49 |
| Fibonacci | 86.38 | 87.12 | 87.58 | 88.32 | 89.06 | 89.52 | 90.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.82 | 83.10 | 86.10 | 89.38 | 92.38 | 95.66 | 98.66 |
| Camarilla | 87.37 | 87.95 | 88.52 | 89.10 | 89.68 | 90.25 | 90.83 |
| Woodie | 79.68 | 83.03 | 85.96 | 89.31 | 92.24 | 95.59 | 98.52 |
| Fibonacci | 83.10 | 85.50 | 86.98 | 89.38 | 91.78 | 93.26 | 95.66 |
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): | 33.58 | |
| MACD (12,26,9): | -1.9200 | |
| Directional Movement: | -21.74 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 89.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 91.71 | |
| Elder Ray (13): | -2.62 | |
| Super Trend (3,10): | 94.35 | |
| Zig ZAG (10): | 88.40 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 21.55 | |
| TEMA (21): | 88.99 | |
| Williams %R (14): | -82.14 | |
| Chande Momentum Oscillator (20): | -7.54 | |
| Repulse (5,40,3): | 0.3900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2200 | |
| Courbe Coppock: | 10.45 |
| MA7: | 89.35 | |
| MA20: | 92.23 | |
| MA50: | 94.63 | |
| MA100: | 104.69 | |
| MAexp7: | 89.42 | |
| MAexp20: | 91.56 | |
| MAexp50: | 95.72 | |
| MAexp100: | 102.90 | |
| Price / MA7: | -1.06% | |
| Price / MA20: | -4.15% | |
| Price / MA50: | -6.58% | |
| Price / MA100: | -15.56% | |
| Price / MAexp7: | -1.14% | |
| Price / MAexp20: | -3.45% | |
| Price / MAexp50: | -7.65% | |
| Price / MAexp100: | -14.09% |
News
The last news published on CENTRICA ORD 6 14/81P at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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