CLOSE BROTHERS GRP. ORD 25P

- GBX (-)

- 15 min delayed data - London Stock Exchange

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CBG
ISIN:	GB0007668071

CLOSE BROTHERS GRP. ORD 25P - Daily - Technical analysis published on 09/30/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Bullish

Technical indicators

67%

33%

My opinion

Bullish above 1,401 GBX

My targets

1,470 GBX (+4.33%)

1,524 GBX (+8.16%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on CLOSE BROTHERS GRP. ORD 25P. This is a positive signal for buyers. As long as the price remains above 1,401 GBX, a purchase could be considered. The first bullish objective is located at 1,470 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,524 GBX as an objective. Crossing it would then enable buyers to target 1,569 GBX. In the event of a return below 1,401 GBX, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

5.7

Comment on the analysis

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 CLOSE BROTHERS GRP. ORD 25P price is 1,409 GBX. The price has increased by +0.86% since the last closing with the lowest point at 1,394 GBX and the highest point at 1,410 GBX. The deviation from the price is +1.08% for the low point and -0.07% for the high point.

1,394

1,410

1,409

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CLOSE BROTHERS GRP. ORD 25P:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CLOSE BROTHERS GRP. ORD 25P chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 100

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 100

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,272	1,316	1,401	1,409	1,470	1,524	1,569
Change (%)	-9.72%	-6.60%	-0.57%	-	+4.33%	+8.16%	+11.36%
Change	-137	-93	-8	-	+61	+115	+160
Level	Intermediate	Intermediate	Major	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,332	1,345	1,371	1,384	1,410	1,423	1,449
Camarilla	1,386	1,390	1,393	1,397	1,401	1,404	1,408
Woodie	1,339	1,348	1,378	1,387	1,417	1,426	1,456
Fibonacci	1,345	1,360	1,369	1,384	1,399	1,408	1,423

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,206	1,249	1,323	1,366	1,440	1,483	1,557
Camarilla	1,365	1,376	1,386	1,397	1,408	1,418	1,429
Woodie	1,222	1,257	1,339	1,374	1,456	1,491	1,573
Fibonacci	1,249	1,294	1,321	1,366	1,411	1,438	1,483

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,073	1,141	1,215	1,283	1,357	1,425	1,499
Camarilla	1,250	1,263	1,276	1,289	1,302	1,315	1,328
Woodie	1,076	1,143	1,218	1,285	1,360	1,427	1,502
Fibonacci	1,141	1,195	1,229	1,283	1,337	1,371	1,425

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):	63.00
MACD (12,26,9):	18.0000
Directional Movement:	3
AROON (14):	-14
DEMA (21):	1,388
Parabolic SAR (0,02-0,02-0,2):	1,292
Elder Ray (13):	27
Super Trend (3,10):	1,319
Zig ZAG (10):	1,409
VORTEX (21):	1.0000
Stochastique (14,3,5):	77.00
TEMA (21):	1,404
Williams %R (14):	-6.00
Chande Momentum Oscillator (20):	47
Repulse (5,40,3):	4.0000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	7.00

MA7:	1,379
MA20:	1,365
MA50:	1,327
MA100:	1,381
MAexp7:	1,384
MAexp20:	1,365
MAexp50:	1,356
MAexp100:	1,380
Price / MA7:	+2.18%
Price / MA20:	+3.22%
Price / MA50:	+6.18%
Price / MA100:	+2.03%
Price / MAexp7:	+1.81%
Price / MAexp20:	+3.22%
Price / MAexp50:	+3.91%
Price / MAexp100:	+2.10%

News

Don"t forget to follow the news on CLOSE BROTHERS GRP. ORD 25P. At the time of publication of this analysis, the latest news was as follows:

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

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