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PERSIMMON ORD 10P
PERSIMMON ORD 10P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PSN
ISIN: GB0006825383

PERSIMMON ORD 10P - Daily - Technical analysis published on 11/29/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 2,471 GBX
My targets
2,654 GBX (+2.39%)
2,887 GBX (+11.38%)
My analysis
PERSIMMON ORD 10P is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2,471 GBX. The next resistance located at 2,654 GBX is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2,887 GBX. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

PERSIMMON ORD 10P rating 2,592 GBX. The price is lower by -0.84% since the last closing with the lowest point at 2,569 GBX and the highest point at 2,613 GBX. The deviation from the price is +0.90% for the low point and -0.80% for the high point.

2,569
2,613
2,592

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this PERSIMMON ORD 10P chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,219 2,350 2,471 2,592 2,654 2,887
Change (%) -14.39% -9.34% -4.67% - +2.39% +11.38%
Change -373 -242 -121 - +62 +295
Level Major Intermediate Major - 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
Standard2,5632,5752,5952,6072,6272,6392,659
Camarilla2,6052,6082,6112,6142,6172,6202,623
Woodie2,5662,5772,5982,6092,6302,6412,662
Fibonacci2,5752,5882,5952,6072,6202,6272,639


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,3302,3752,4442,4892,5582,6032,672
Camarilla2,4822,4922,5032,5132,5232,5342,544
Woodie2,3422,3812,4562,4952,5702,6092,684
Fibonacci2,3752,4192,4462,4892,5332,5602,603


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,4621,7262,0012,2652,5412,8053,080
Camarilla2,1292,1782,2282,2772,3272,3762,425
Woodie1,4681,7292,0072,2682,5472,8083,086
Fibonacci1,7261,9322,0592,2652,4712,5992,805

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): 69.00
MACD (12,26,9): 81.0000
Directional Movement: 21
AROON (14): 93
DEMA (21): 2,582
Parabolic SAR (0,02-0,02-0,2): 2,419
Elder Ray (13): 71
Super Trend (3,10): 2,431
Zig ZAG (10): 2,588
VORTEX (21): 1.0000
Stochastique (14,3,5): 94.00
TEMA (21): 2,600
Williams %R (14): -14.00
Chande Momentum Oscillator (20): 123
Repulse (5,40,3): 2.0000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 16.00
MA7: 2,555
MA20: 2,458
MA50: 2,318
MA100: 2,137
MAexp7: 2,559
MAexp20: 2,478
MAexp50: 2,340
MAexp100: 2,215
Price / MA7: +1.45%
Price / MA20: +5.45%
Price / MA50: +11.82%
Price / MA100: +21.29%
Price / MAexp7: +1.29%
Price / MAexp20: +4.60%
Price / MAexp50: +10.77%
Price / MAexp100: +17.02%

News


The last news published on PERSIMMON ORD 10P at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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