TBC BANK GRP. ORD GBP0.01 - Daily - Technical analysis published on 01/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 1,299 GBX
My targets
1,150 GBX (-5.12%)
1,050 GBX (-13.37%)
My analysis
In the short term, we can see an acceleration in the bearish trend on TBC BANK GRP. ORD GBP0.01, which is a positive signal for sellers. As long as the price remains above 1,299 GBX, a sale could be considered. The first bearish objective is located at 1,150 GBX. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,050 GBX as an objective. If the price were to return above 1,299 GBX, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.3
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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
The TBC BANK GRP. ORD GBP0.01 rating is 1,212 GBX. The price registered a decrease of -3.20% on the session and was between 1,212 GBX and 1,246 GBX. This implies that the price is at 0% from its lowest and at -2.73% from its highest.1,212
1,246
1,212
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TBC BANK GRP. ORD GBP0.01:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of TBC BANK GRP. ORD GBP0.01 in Daily shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,050 | 1,150 | 1,212 | 1,220 | 1,391 | 1,549 |
| Change (%) | -13.37% | -5.12% | - | +0.66% | +14.77% | +27.81% |
| Change | -162 | -62 | - | +8 | +179 | +337 |
| Level | Minor | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,189 | 1,205 | 1,215 | 1,231 | 1,241 | 1,257 | 1,267 |
| Camarilla | 1,217 | 1,219 | 1,222 | 1,224 | 1,226 | 1,229 | 1,231 |
| Woodie | 1,185 | 1,204 | 1,211 | 1,230 | 1,237 | 1,256 | 1,263 |
| Fibonacci | 1,205 | 1,215 | 1,221 | 1,231 | 1,241 | 1,247 | 1,257 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,187 | 1,207 | 1,239 | 1,259 | 1,291 | 1,311 | 1,343 |
| Camarilla | 1,256 | 1,261 | 1,265 | 1,270 | 1,275 | 1,280 | 1,284 |
| Woodie | 1,192 | 1,210 | 1,244 | 1,262 | 1,296 | 1,314 | 1,348 |
| Fibonacci | 1,207 | 1,227 | 1,240 | 1,259 | 1,279 | 1,292 | 1,311 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,091 | 1,159 | 1,231 | 1,299 | 1,371 | 1,439 | 1,511 |
| Camarilla | 1,266 | 1,278 | 1,291 | 1,304 | 1,317 | 1,330 | 1,343 |
| Woodie | 1,094 | 1,160 | 1,234 | 1,300 | 1,374 | 1,440 | 1,514 |
| Fibonacci | 1,159 | 1,212 | 1,245 | 1,299 | 1,352 | 1,385 | 1,439 |
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): | 46.00 | |
| MACD (12,26,9): | -10.0000 | |
| Directional Movement: | 0 | |
| AROON (14): | 57 | |
| DEMA (21): | 1,250 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,222 | |
| Elder Ray (13): | -16 | |
| Super Trend (3,10): | 1,326 | |
| Zig ZAG (10): | 1,252 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 30.00 | |
| TEMA (21): | 1,243 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 32 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 4.00 |
| MA7: | 1,255 | |
| MA20: | 1,264 | |
| MA50: | 1,273 | |
| MA100: | 1,265 | |
| MAexp7: | 1,250 | |
| MAexp20: | 1,262 | |
| MAexp50: | 1,272 | |
| MAexp100: | 1,296 | |
| Price / MA7: | -3.43% | |
| Price / MA20: | -4.11% | |
| Price / MA50: | -4.79% | |
| Price / MA100: | -4.19% | |
| Price / MAexp7: | -3.04% | |
| Price / MAexp20: | -3.96% | |
| Price / MAexp50: | -4.72% | |
| Price / MAexp100: | -6.48% |
News
The latest news and videos published on TBC BANK GRP. ORD GBP0.01 at the time of the analysis were as follows:
- TBC Launches Consumer Finance in Uzbekistan
- TBC Bank of Georgia Increases Loan Approval Rate by 40 Percent Using FICO Technology
This member declared not having a position on this financial instrument or a related financial instrument.
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