VINACAP VIET OP ORD USD 0.01 - Daily - Technical analysis published on 02/25/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
28%
50%
My opinion
Bearish under 306.4 GBX
My targets
280.0 GBX (-4.60%)
236.0 GBX (-19.59%)
My analysis
VINACAP VIET OP ORD 0.01 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 306.4 GBX. The next support located at 280.0 GBX 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 236.0 GBX. Below this support, sellers could then target 203.1 GBX. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.3
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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
VINACAP VIET OP ORD 0.01 rating 293.5 GBX. The price is lower by -5.93% since the last closing and was between 290.0 GBX and 313.8 GBX. This implies that the price is at +1.21% from its lowest and at -6.47% from its highest.290.0
313.8
293.5
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of VINACAP VIET OP ORD 0.01 indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by 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 overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 203.1 | 236.0 | 280.0 | 293.5 | 306.4 | 310.5 | 324.0 |
| Change (%) | -30.80% | -19.59% | -4.60% | - | +4.40% | +5.79% | +10.39% |
| Change | -90.4 | -57.5 | -13.5 | - | +12.9 | +17.0 | +30.5 |
| Level | Intermediate | Minor | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 305.2 | 308.3 | 310.7 | 313.8 | 316.2 | 319.3 | 321.7 |
| Camarilla | 311.5 | 312.0 | 312.5 | 313.0 | 313.5 | 314.0 | 314.5 |
| Woodie | 304.8 | 308.1 | 310.3 | 313.6 | 315.8 | 319.1 | 321.3 |
| Fibonacci | 308.3 | 310.4 | 311.7 | 313.8 | 315.9 | 317.2 | 319.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 295.2 | 303.3 | 307.7 | 315.8 | 320.2 | 328.3 | 332.7 |
| Camarilla | 308.6 | 309.7 | 310.9 | 312.0 | 313.2 | 314.3 | 315.4 |
| Woodie | 293.3 | 302.4 | 305.8 | 314.9 | 318.3 | 327.4 | 330.8 |
| Fibonacci | 303.3 | 308.1 | 311.1 | 315.8 | 320.6 | 323.6 | 328.3 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 157.8 | 197.7 | 257.8 | 297.7 | 357.8 | 397.7 | 457.8 |
| Camarilla | 290.5 | 299.7 | 308.8 | 318.0 | 327.2 | 336.3 | 345.5 |
| Woodie | 168.0 | 202.8 | 268.0 | 302.8 | 368.0 | 402.8 | 468.0 |
| Fibonacci | 197.7 | 235.9 | 259.5 | 297.7 | 335.9 | 359.5 | 397.7 |
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): | 42.80 | |
| MACD (12,26,9): | -3.2000 | |
| Directional Movement: | -16.7 | |
| AROON (14): | -28.6 | |
| DEMA (21): | 311.8 | |
| Parabolic SAR (0,02-0,02-0,2): | 298.1 | |
| Elder Ray (13): | -0.5 | |
| Super Trend (3,10): | 329.7 | |
| Zig ZAG (10): | 315.0 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 29.00 | |
| TEMA (21): | 311.6 | |
| Williams %R (14): | -61.90 | |
| Chande Momentum Oscillator (20): | -2.0 | |
| Repulse (5,40,3): | 0.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 3.80 |
| MA7: | 313.7 | |
| MA20: | 315.8 | |
| MA50: | 323.6 | |
| MA100: | 331.7 | |
| MAexp7: | 313.8 | |
| MAexp20: | 316.3 | |
| MAexp50: | 322.4 | |
| MAexp100: | 328.7 | |
| Price / MA7: | -6.44% | |
| Price / MA20: | -7.06% | |
| Price / MA50: | -9.30% | |
| Price / MA100: | -11.52% | |
| Price / MAexp7: | -6.47% | |
| Price / MAexp20: | -7.21% | |
| Price / MAexp50: | -8.96% | |
| Price / MAexp100: | -10.71% |
This member declared not having a position on this financial instrument or a related financial instrument.
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