DIAGEO PLC - 1H - Technical analysis published on 01/12/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
39%
17%
44%
My opinion
Bullish above 141.83 USD
My targets
144.74 USD (+0.77%)
146.98 USD (+2.33%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for DIAGEO PLC as long as the price remains well above 141.83 USD. The buyers' bullish objective is set at 144.74 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 146.98 USD. If there is any crossing, the next objective would be the resistance located at 154.55 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DIAGEO PLC price is 143.64 USD. The price is lower by -0.22% since the last closing with the lowest point at 142.56 USD and the highest point at 143.82 USD. The deviation from the price is +0.76% for the low point and -0.13% for the high point.142.56
143.82
143.64
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DIAGEO PLC:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of DIAGEO PLC in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 140.99 | 141.83 | 143.15 | 143.64 | 144.08 | 144.74 | 145.38 |
| Change (%) | -1.84% | -1.26% | -0.34% | - | +0.31% | +0.77% | +1.21% |
| Change | -2.65 | -1.81 | -0.49 | - | +0.44 | +1.10 | +1.74 |
| Level | Intermediate | Minor | Intermediate | - | Minor | 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 | 140.15 | 141.02 | 142.48 | 143.35 | 144.81 | 145.68 | 147.14 |
| Camarilla | 143.31 | 143.52 | 143.74 | 143.95 | 144.16 | 144.38 | 144.59 |
| Woodie | 140.46 | 141.17 | 142.79 | 143.50 | 145.12 | 145.83 | 147.45 |
| Fibonacci | 141.02 | 141.91 | 142.46 | 143.35 | 144.24 | 144.79 | 145.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 135.94 | 138.36 | 139.94 | 142.36 | 143.94 | 146.36 | 147.94 |
| Camarilla | 140.41 | 140.78 | 141.14 | 141.51 | 141.88 | 142.24 | 142.61 |
| Woodie | 135.51 | 138.15 | 139.51 | 142.15 | 143.51 | 146.15 | 147.51 |
| Fibonacci | 138.36 | 139.89 | 140.84 | 142.36 | 143.89 | 144.84 | 146.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 132.12 | 135.36 | 140.51 | 143.75 | 148.90 | 152.14 | 157.29 |
| Camarilla | 143.35 | 144.12 | 144.89 | 145.66 | 146.43 | 147.20 | 147.97 |
| Woodie | 133.08 | 135.84 | 141.47 | 144.23 | 149.86 | 152.62 | 158.25 |
| Fibonacci | 135.36 | 138.57 | 140.55 | 143.75 | 146.96 | 148.94 | 152.14 |
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): | 51.48 | |
| MACD (12,26,9): | 0.3600 | |
| Directional Movement: | -4.25 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 143.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 144.22 | |
| Elder Ray (13): | -0.39 | |
| Super Trend (3,10): | 141.93 | |
| Zig ZAG (10): | 142.97 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 78.13 | |
| TEMA (21): | 143.88 | |
| Williams %R (14): | -52.03 | |
| Chande Momentum Oscillator (20): | 0.46 | |
| Repulse (5,40,3): | 0.5900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 2.59 |
| MA7: | 142.49 | |
| MA20: | 144.01 | |
| MA50: | 144.98 | |
| MA100: | 150.63 | |
| MAexp7: | 143.54 | |
| MAexp20: | 143.06 | |
| MAexp50: | 143.02 | |
| MAexp100: | 143.30 | |
| Price / MA7: | +0.81% | |
| Price / MA20: | -0.26% | |
| Price / MA50: | -0.92% | |
| Price / MA100: | -4.64% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.41% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.24% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on DIAGEO PLC. 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.
About author
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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…
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