ITV ORD 10P - Daily - Technical analysis published on 10/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
56%
28%
My opinion
Bullish above 113.70 GBX
My targets
122.40 GBX (+1.58%)
125.45 GBX (+4.11%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ITV ORD 10P. As long as you are above the support located at 113.70 GBX, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 122.40 GBX would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 125.45 GBX as an objective. Crossing it would then enable buyers to target 128.32 GBX. If the support 113.70 GBX were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
2
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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 ITV ORD 10P rating is 120.50 GBX. The price registered an increase of +0.67% on the session and was between 119.25 GBX and 120.70 GBX. This implies that the price is at +1.05% from its lowest and at -0.17% from its highest.119.25
120.70
120.50
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ITV ORD 10P indicates that the overall trend is bullish. The signals given by moving averages are 75% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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 | 105.21 | 110.88 | 113.70 | 120.50 | 122.40 | 125.45 | 128.32 |
| Change (%) | -12.69% | -7.98% | -5.64% | - | +1.58% | +4.11% | +6.49% |
| Change | -15.29 | -9.62 | -6.80 | - | +1.90 | +4.95 | +7.82 |
| Level | Intermediate | Minor | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 114.52 | 116.63 | 118.17 | 120.28 | 121.82 | 123.93 | 125.47 |
| Camarilla | 118.70 | 119.03 | 119.37 | 119.70 | 120.04 | 120.37 | 120.70 |
| Woodie | 114.23 | 116.49 | 117.88 | 120.14 | 121.53 | 123.79 | 125.18 |
| Fibonacci | 116.63 | 118.03 | 118.89 | 120.28 | 121.68 | 122.54 | 123.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 112.85 | 117.00 | 120.05 | 124.20 | 127.25 | 131.40 | 134.45 |
| Camarilla | 121.12 | 121.78 | 122.44 | 123.10 | 123.76 | 124.42 | 125.08 |
| Woodie | 112.30 | 116.73 | 119.50 | 123.93 | 126.70 | 131.13 | 133.90 |
| Fibonacci | 117.00 | 119.75 | 121.45 | 124.20 | 126.95 | 128.65 | 131.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 98.18 | 106.37 | 116.13 | 124.32 | 134.08 | 142.27 | 152.03 |
| Camarilla | 120.96 | 122.61 | 124.26 | 125.90 | 127.55 | 129.19 | 130.84 |
| Woodie | 98.98 | 106.76 | 116.93 | 124.71 | 134.88 | 142.66 | 152.83 |
| Fibonacci | 106.37 | 113.22 | 117.46 | 124.32 | 131.17 | 135.41 | 142.27 |
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): | 45.23 | |
| MACD (12,26,9): | 0.4600 | |
| Directional Movement: | -9.43 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 123.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.48 | |
| Elder Ray (13): | -2.39 | |
| Super Trend (3,10): | 117.87 | |
| Zig ZAG (10): | 120.10 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 23.46 | |
| TEMA (21): | 121.79 | |
| Williams %R (14): | -70.30 | |
| Chande Momentum Oscillator (20): | -6.30 | |
| Repulse (5,40,3): | -0.9900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 6.54 |
| MA7: | 121.39 | |
| MA20: | 124.31 | |
| MA50: | 117.52 | |
| MA100: | 113.27 | |
| MAexp7: | 121.48 | |
| MAexp20: | 122.31 | |
| MAexp50: | 119.43 | |
| MAexp100: | 118.22 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | -3.06% | |
| Price / MA50: | +2.54% | |
| Price / MA100: | +6.38% | |
| Price / MAexp7: | -0.81% | |
| Price / MAexp20: | -1.48% | |
| Price / MAexp50: | +0.90% | |
| Price / MAexp100: | +1.93% |
News
The latest news and videos published on ITV ORD 10P at the time of the analysis were as follows:
-
Terry Christian: ITV to blame for Jeremy Kyle 'bear-baiting'
- Bidding now open for USMC ITV and MTVR vehicles (non-DLA) on GovPlanet.com
- GovPlanet set to sell U.S. military ITV and MTVR vehicles for first time ever
-
Rob Lowe Travels To Britain For New ITV Crime Drama ‘Wild Bill’
-
London Finance Show: Trump tax reforms, ITV upgrade, London Capital Group discussed
This member declared not having a position on this financial instrument or a related financial instrument.
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