DIAGEO PLC
DIAGEO PLC
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DEO
ISIN:

DIAGEO PLC - 1H - Technical analysis published on 03/15/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 150.61 USD
My targets
146.84 USD (-0.88%)
145.43 USD (-1.84%)
My analysis
DIAGEO PLC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 150.61 USD. The next support located at 146.84 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 145.43 USD. Below this support, sellers could then target 143.82 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DIAGEO PLC rating 148.15 USD. The price is lower by -0.03% since the last closing with the lowest point at 147.61 USD and the highest point at 148.83 USD. The deviation from the price is +0.37% for the low point and -0.46% for the high point.

147.61
148.83
148.15

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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 results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DIAGEO PLC chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 143.82 145.43 146.84 148.15 148.55 150.61 151.60
Change (%) -2.92% -1.84% -0.88% - +0.27% +1.66% +2.33%
Change -4.33 -2.72 -1.31 - +0.40 +2.46 +3.45
Level Minor Minor Intermediate - Minor Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard142.89145.37146.79149.27150.69153.17154.59
Camarilla147.13147.49147.84148.20148.56148.92149.27
Woodie142.35145.11146.25149.01150.15152.91154.05
Fibonacci145.37146.86147.78149.27150.76151.68153.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard143.35145.09147.13148.87150.91152.65154.69
Camarilla148.12148.47148.81149.16149.51149.85150.20
Woodie143.49145.17147.27148.95151.05152.73154.83
Fibonacci145.09146.54147.43148.87150.32151.21152.65


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard132.12136.77143.78148.43155.44160.09167.10
Camarilla147.59148.66149.73150.80151.87152.94154.01
Woodie133.31137.36144.97149.02156.63160.68168.29
Fibonacci136.77141.22143.97148.43152.88155.63160.09

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 40.70
MACD (12,26,9): -0.3800
Directional Movement: -5.60
AROON (14): -57.14
DEMA (21): 148.62
Parabolic SAR (0,02-0,02-0,2): 149.60
Elder Ray (13): -0.24
Super Trend (3,10): 149.74
Zig ZAG (10): 148.27
VORTEX (21): 0.8600
Stochastique (14,3,5): 18.67
TEMA (21): 148.22
Williams %R (14): -85.18
Chande Momentum Oscillator (20): -2.32
Repulse (5,40,3): -0.0900
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 2.28
MA7: 149.17
MA20: 149.62
MA50: 145.19
MA100: 145.01
MAexp7: 148.47
MAexp20: 149.02
MAexp50: 149.31
MAexp100: 149.17
Price / MA7: -0.68%
Price / MA20: -0.98%
Price / MA50: +2.04%
Price / MA100: +2.17%
Price / MAexp7: -0.22%
Price / MAexp20: -0.58%
Price / MAexp50: -0.78%
Price / MAexp100: -0.68%

Quotes : - 15 min delayed data - 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.

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