PERSIMMON ORD 10P - Daily - Technical analysis published on 08/12/2019 (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%
61%
17%
My opinion
Bearish under 1,994.6 GBX
My targets
1,859.5 GBX (-2.75%)
1,663.8 GBX (-12.98%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PERSIMMON ORD 10P as long as the price remains well below 1,994.6 GBX. The sellers” bearish objective is set at 1,859.5 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,663.8 GBX. In case of crossing, the next objective would be the support located at 1,543.0 GBX. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PERSIMMON ORD 10P rating 1,912.0 GBX. The price has increased by +0.69% since the last closing and was traded between 1,905.5 GBX and 1,931.5 GBX over the period. The price is currently at +0.34% from its lowest and -1.01% from its highest.1,905.5
1,931.5
1,912.0
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
Here is a more detailed summary of the historical variations registered by PERSIMMON ORD 10P:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of PERSIMMON ORD 10P in Daily shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Black evening star
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,543.0 | 1,663.8 | 1,859.5 | 1,912.0 | 1,994.6 | 2,138.0 | 2,219.0 |
| Change (%) | -19.30% | -12.98% | -2.75% | - | +4.32% | +11.82% | +16.06% |
| Change | -369.0 | -248.2 | -52.5 | - | +82.6 | +226.0 | +307.0 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,853.2 | 1,875.3 | 1,887.2 | 1,909.3 | 1,921.2 | 1,943.3 | 1,955.2 |
| Camarilla | 1,889.7 | 1,892.8 | 1,895.9 | 1,899.0 | 1,902.1 | 1,905.2 | 1,908.4 |
| Woodie | 1,848.0 | 1,872.8 | 1,882.0 | 1,906.8 | 1,916.0 | 1,940.8 | 1,950.0 |
| Fibonacci | 1,875.3 | 1,888.3 | 1,896.4 | 1,909.3 | 1,922.3 | 1,930.4 | 1,943.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,810.0 | 1,847.0 | 1,873.0 | 1,910.0 | 1,936.0 | 1,973.0 | 1,999.0 |
| Camarilla | 1,881.7 | 1,887.5 | 1,893.2 | 1,899.0 | 1,904.8 | 1,910.6 | 1,916.3 |
| Woodie | 1,804.5 | 1,844.3 | 1,867.5 | 1,907.3 | 1,930.5 | 1,970.3 | 1,993.5 |
| Fibonacci | 1,847.0 | 1,871.1 | 1,885.9 | 1,910.0 | 1,934.1 | 1,948.9 | 1,973.0 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,631.3 | 1,745.7 | 1,877.3 | 1,991.7 | 2,123.3 | 2,237.7 | 2,369.3 |
| Camarilla | 1,941.4 | 1,963.9 | 1,986.5 | 2,009.0 | 2,031.6 | 2,054.1 | 2,076.7 |
| Woodie | 1,640.0 | 1,750.0 | 1,886.0 | 1,996.0 | 2,132.0 | 2,242.0 | 2,378.0 |
| Fibonacci | 1,745.7 | 1,839.6 | 1,897.7 | 1,991.7 | 2,085.6 | 2,143.7 | 2,237.7 |
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): | 41.50 | |
| MACD (12,26,9): | -15.4000 | |
| Directional Movement: | -11.6 | |
| AROON (14): | -57.2 | |
| DEMA (21): | 1,945.9 | |
| Parabolic SAR (0,02-0,02-0,2): | 2,030.1 | |
| Elder Ray (13): | -29.7 | |
| Super Trend (3,10): | 2,058.5 | |
| Zig ZAG (10): | 1,913.0 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 11.90 | |
| TEMA (21): | 1,927.1 | |
| Williams %R (14): | -85.80 | |
| Chande Momentum Oscillator (20): | -155.5 | |
| Repulse (5,40,3): | -1.9000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 8.20 |
| MA7: | 1,913.6 | |
| MA20: | 1,983.2 | |
| MA50: | 1,955.8 | |
| MA100: | 2,000.5 | |
| MAexp7: | 1,927.2 | |
| MAexp20: | 1,957.8 | |
| MAexp50: | 1,968.8 | |
| MAexp100: | 1,989.4 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | -3.59% | |
| Price / MA50: | -2.24% | |
| Price / MA100: | -4.42% | |
| Price / MAexp7: | -0.79% | |
| Price / MAexp20: | -2.34% | |
| Price / MAexp50: | -2.89% | |
| Price / MAexp100: | -3.89% |
News
The latest news and videos published on PERSIMMON ORD 10P at the time of the analysis were as follows:
PersimmonThis member declared not having a position on this financial instrument or a related financial instrument.
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