JUST EAT TAKEAWAY - Daily - Technical analysis published on 10/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Strongly bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 75.75 EUR
My targets
68.32 EUR (-6.28%)
64.40 EUR (-11.66%)
My analysis
With a strongly bearish trend, the price of TAKEAWAY is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 75.75 EUR remains possible. It would be possible for traders to only trade short positions (for sale) on TAKEAWAY as long as the price remains well below 75.75 EUR. The next bearish objective for sellers is set at 68.32 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 64.40 EUR. In case of crossing, the next objective would be the support located at 54.20 EUR.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
2.7
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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 TAKEAWAY price is 72.90 EUR. On the day, this instrument gained +0.48% and was traded between 70.50 EUR and 73.45 EUR over the period. The price is currently at +3.40% from its lowest and -0.75% from its highest.70.50
73.45
72.90
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TAKEAWAY:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in Daily of this TAKEAWAY chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 54.20 | 64.40 | 68.32 | 72.90 | 75.75 | 80.04 | 83.53 |
| Change (%) | -25.65% | -11.66% | -6.28% | - | +3.91% | +9.79% | +14.58% |
| Change | -18.70 | -8.50 | -4.58 | - | +2.85 | +7.14 | +10.63 |
| Level | Major | Major | Major | - | Intermediate | Intermediate | Minor |
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 | 64.12 | 67.38 | 69.97 | 73.23 | 75.82 | 79.08 | 81.67 |
| Camarilla | 70.94 | 71.48 | 72.01 | 72.55 | 73.09 | 73.62 | 74.16 |
| Woodie | 63.78 | 67.21 | 69.63 | 73.06 | 75.48 | 78.91 | 81.33 |
| Fibonacci | 67.38 | 69.62 | 71.00 | 73.23 | 75.47 | 76.85 | 79.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.92 | 69.48 | 71.47 | 73.03 | 75.02 | 76.58 | 78.57 |
| Camarilla | 72.47 | 72.80 | 73.13 | 73.45 | 73.78 | 74.10 | 74.43 |
| Woodie | 68.13 | 69.59 | 71.68 | 73.14 | 75.23 | 76.69 | 78.78 |
| Fibonacci | 69.48 | 70.84 | 71.68 | 73.03 | 74.39 | 75.23 | 76.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.60 | 61.70 | 67.45 | 77.55 | 83.30 | 93.40 | 99.15 |
| Camarilla | 68.84 | 70.29 | 71.75 | 73.20 | 74.65 | 76.11 | 77.56 |
| Woodie | 49.43 | 60.61 | 65.28 | 76.46 | 81.13 | 92.31 | 96.98 |
| Fibonacci | 61.70 | 67.76 | 71.50 | 77.55 | 83.61 | 87.35 | 93.40 |
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): | 46.89 | |
| MACD (12,26,9): | -0.9600 | |
| Directional Movement: | -3.64 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 71.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 69.25 | |
| Elder Ray (13): | -0.67 | |
| Super Trend (3,10): | 76.23 | |
| Zig ZAG (10): | 72.95 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 43.30 | |
| TEMA (21): | 72.16 | |
| Williams %R (14): | -48.63 | |
| Chande Momentum Oscillator (20): | 1.25 | |
| Repulse (5,40,3): | 0.1400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2900 | |
| Courbe Coppock: | 2.23 |
| MA7: | 72.99 | |
| MA20: | 72.25 | |
| MA50: | 77.06 | |
| MA100: | 79.16 | |
| MAexp7: | 72.61 | |
| MAexp20: | 73.03 | |
| MAexp50: | 75.48 | |
| MAexp100: | 76.27 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | +0.90% | |
| Price / MA50: | -5.40% | |
| Price / MA100: | -7.91% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | -0.18% | |
| Price / MAexp50: | -3.42% | |
| Price / MAexp100: | -4.42% |
News
The last news published on TAKEAWAY at the time of the generation of this analysis was as follows:
- Form 8.3 - The Vanguard Group, Inc.: Takeaway.com N.V.
- Form 8.3 - The Vanguard Group, Inc.: Takeaway.com N.V.
- Form 8.3 - The Vanguard Group, Inc.: Takeaway.com N.V.
- Form 8.3 - The Vanguard Group, Inc.: Takeaway.com N.V.
- Form 8.3 - The Vanguard Group, Inc.: Takeaway.com N.V.
This member declared not having a position on this financial instrument or a related financial instrument.
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