JUST EAT TAKEAWAY
JUST EAT TAKEAWAY
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TKWY
ISIN: NL0012015705

JUST EAT TAKEAWAY - Daily - Technical analysis published on 08/19/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
72%
11%
17%
My opinion
Bullish above 20.000 EUR
My targets
22.200 EUR (+5.94%)
25.650 EUR (+22.41%)
My analysis
The current short-term bullish acceleration on JUST EAT TAKEAWAY should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 20.000 EUR. Short-term buyers will use the resistance located at 22.200 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 25.650 EUR. Crossing this resistance would then open the door for buyers to target 26.915 EUR. Caution, if there is a return to under 20.000 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3

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 Milosz Herman. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

JUST EAT TAKEAWAY rating 20.955 EUR. The price registered an increase of +25.75% on the session with the lowest point at 20.510 EUR and the highest point at 24.185 EUR. The deviation from the price is +2.17% for the low point and -13.36% for the high point.

20.510
24.185
20.955

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of JUST EAT TAKEAWAY indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 13.470 20.955 26.915 36.104 48.817
Change (%) -35.72% - +28.44% +72.29% +132.96%
Change -7.485 - +5.960 +15.149 +27.862
Level Major - Minor Intermediate Intermediate



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
Standard15.90718.20819.58221.88323.25725.55826.932
Camarilla19.94420.28120.61820.95521.29221.62921.966
Woodie15.44317.97619.11821.65122.79325.32626.468
Fibonacci18.20819.61220.48021.88323.28724.15525.558


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.26712.89616.92620.55524.58528.21432.244
Camarilla18.84919.55120.25320.95521.65722.35923.061
Woodie9.46712.99617.12620.65524.78528.31432.444
Fibonacci12.89615.82217.63020.55523.48125.28928.214


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.70010.90014.35016.55020.00022.20025.650
Camarilla16.24616.76417.28217.80018.31818.83619.354
Woodie9.32511.21314.97516.86320.62522.51326.275
Fibonacci10.90013.05814.39216.55018.70820.04222.200

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): 63.26
MACD (12,26,9): 0.3950
Directional Movement: 29.940
AROON (14): 50.000
DEMA (21): 18.252
Parabolic SAR (0,02-0,02-0,2): 16.276
Elder Ray (13): 4.321
Super Trend (3,10): 16.925
Zig ZAG (10): 20.955
VORTEX (21): 1.0110
Stochastique (14,3,5): 30.57
TEMA (21): 18.759
Williams %R (14): -40.84
Chande Momentum Oscillator (20): 1.143
Repulse (5,40,3): -18.0040
ROCnROLL: 1
TRIX (15,9): 0.3080
Courbe Coppock: 1.85
MA7: 18.036
MA20: 17.957
MA50: 16.865
MA100: 20.379
MAexp7: 18.327
MAexp20: 17.788
MAexp50: 18.129
MAexp100: 22.022
Price / MA7: +16.18%
Price / MA20: +16.70%
Price / MA50: +24.25%
Price / MA100: +2.83%
Price / MAexp7: +14.34%
Price / MAexp20: +17.80%
Price / MAexp50: +15.59%
Price / MAexp100: -4.85%

Quotes : - 15 min delayed data - Euronext Amsterdam

This member declared not having a position on this financial instrument or a related financial instrument.

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