DIAGEO PLC - Daily - Technical analysis published on 11/20/2024 (GMT)
- 50
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under
My targets
()
()
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DIAGEO PLC as long as the price remains well below . The sellers' bearish objective is set at . A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at . In case of crossing, the next objective would be the support located at . However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DIAGEO PLC rating 119.14 USD. On the day, this instrument lost -0.05% with the lowest point at 118.85 USD and the highest point at 119.70 USD. The deviation from the price is +0.24% for the low point and -0.47% for the high point.118.85
119.70
119.14
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DIAGEO PLC chart shows a sharp bearish trend. 89.29% 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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 horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 92.79 | 106.06 | 117.75 | 119.14 | 123.49 | 136.24 | 140.85 |
Change (%) | -22.12% | -10.98% | -1.17% | - | +3.65% | +14.35% | +18.22% |
Change | -26.35 | -13.08 | -1.39 | - | +4.35 | +17.10 | +21.71 |
Level | Major | Major | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 116.87 | 117.61 | 118.40 | 119.14 | 119.93 | 120.67 | 121.46 |
Camarilla | 118.78 | 118.92 | 119.06 | 119.20 | 119.34 | 119.48 | 119.62 |
Woodie | 116.91 | 117.62 | 118.44 | 119.15 | 119.97 | 120.68 | 121.50 |
Fibonacci | 117.61 | 118.19 | 118.55 | 119.14 | 119.72 | 120.08 | 120.67 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 113.23 | 115.53 | 116.85 | 119.15 | 120.47 | 122.77 | 124.09 |
Camarilla | 117.17 | 117.50 | 117.83 | 118.16 | 118.49 | 118.82 | 119.16 |
Woodie | 112.73 | 115.29 | 116.35 | 118.91 | 119.97 | 122.53 | 123.59 |
Fibonacci | 115.53 | 116.92 | 117.77 | 119.15 | 120.54 | 121.39 | 122.77 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 101.23 | 112.59 | 118.37 | 129.73 | 135.51 | 146.87 | 152.65 |
Camarilla | 119.45 | 121.02 | 122.59 | 124.16 | 125.73 | 127.30 | 128.87 |
Woodie | 98.45 | 111.20 | 115.59 | 128.34 | 132.73 | 145.48 | 149.87 |
Fibonacci | 112.59 | 119.13 | 123.18 | 129.73 | 136.27 | 140.32 | 146.87 |
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): | 30.95 | |
MACD (12,26,9): | -3.7700 | |
Directional Movement: | -23.39 | |
AROON (14): | -57.15 | |
DEMA (21): | 118.38 | |
Parabolic SAR (0,02-0,02-0,2): | 119.92 | |
Elder Ray (13): | -1.91 | |
Super Trend (3,10): | 124.89 | |
Zig ZAG (10): | 119.16 | |
VORTEX (21): | 0.6200 | |
Stochastique (14,3,5): | 14.13 | |
TEMA (21): | 116.32 | |
Williams %R (14): | -84.02 | |
Chande Momentum Oscillator (20): | -4.43 | |
Repulse (5,40,3): | -0.6500 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.4200 | |
Courbe Coppock: | 14.53 |
MA7: | 119.15 | |
MA20: | 123.57 | |
MA50: | 131.02 | |
MA100: | 128.79 | |
MAexp7: | 119.53 | |
MAexp20: | 123.25 | |
MAexp50: | 127.56 | |
MAexp100: | 129.58 | |
Price / MA7: | -0.01% | |
Price / MA20: | -3.59% | |
Price / MA50: | -9.07% | |
Price / MA100: | -7.49% | |
Price / MAexp7: | -0.33% | |
Price / MAexp20: | -3.33% | |
Price / MAexp50: | -6.60% | |
Price / MAexp100: | -8.06% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on DIAGEO PLC at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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